Last €4.96 EUR
Change Today -0.004 / -0.08%
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As of 2:49 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

norsk hydro as-spons adr (NOHA) Snapshot

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norsk hydro as-spons adr (NOHA) Details

Norsk Hydro ASA, an integrated aluminum company, is engaged in power production, bauxite extraction, alumina refining, aluminum smelting, remelting and recycling, and rolling activities. The company operates in Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, and Energy segments. The Bauxite & Alumina segment is involved in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Primary Metal segment is engaged in the aluminum production, remelting, and casting activities. It primarily offers extrusion ingots, foundry alloys, and sheet ingot products. The Metal Markets segment is involved in the sale of products from the company’s primary metal plants; and operation of remelters, as well as the physical and financial metal trading activities. The Rolled Products segment operates rolling mills that primarily provide aluminium foil, strip, sheet, and lithographic plate for applications in various sectors, such as packaging, automotive, and transport industries, as well as for offset printing plates. The Energy segment is engaged in the operation of hydroelectric power stations in Norway. As of December 31, 2013, this segment operated 24 hydroelectric power plants with a total installed capacity of approximately 2,000 MW. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

13,000 Employees
Last Reported Date: 10/22/14
Founded in 1905

norsk hydro as-spons adr (NOHA) Top Compensated Officers

Chief Executive Officer, President, Head of H...
Total Annual Compensation: 7.6M NOK
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: 3.1M NOK
Executive Vice President of Primary Metal and...
Total Annual Compensation: 3.9M NOK
Executive Vice President of Energy & Corporat...
Total Annual Compensation: 3.6M NOK
Special Advisor
Total Annual Compensation: 6.7M NOK
Compensation as of Fiscal Year 2013.

norsk hydro as-spons adr (NOHA) Key Developments

Norsk Hydro ASA Presents at SEB Nordic Seminar, Jan-08-2015 02:50 PM

Norsk Hydro ASA Presents at SEB Nordic Seminar, Jan-08-2015 02:50 PM. Venue: Hilton Copenhagen Airport Hotel, Copenhagen, Denmark.

Norsk Hydro ASA Announces Change in Management Board, Effective January 1, 2015

Norsk Hydro ASA will implement several changes in its Corporate Management Board, effective January 1, 2015. Kjetil Ebbesberg will become the new executive vice president (EVP) for the Rolled Products business area, Hanne Simensen the new EVP for People & HSE (health, safety and environment), Anne-Lene Midseim the new EVP for CSR & General Counsel, and Inger Sethov EVP for Communication & Public Affairs, all joining Hydro's CMB. Ebbesberg, 43, is currently head of Hydro's Holmestrand rolling mill in Norway and former EVP for Metal Markets. Ebbesberg, has had a variety of senior commercial and operational jobs in Hydro since he started in 1996 and has also worked as CFO for Norwegian retailer COOP. Hanne Simensen, 47, former head of HR in the Energy business area and currently head of Energy Markets in Hydro, will become new head of People & HSE. Anne-Lene Midseim, 46, currently company secretary and former Head of Staffs in Hydro's Bauxite & Alumina business area in Brazil, will take up the new CMB position as General Counsel & head of CSR. Current Senior Vice President for Communication & Public Affairs, Inger Sethov, 44, will continue to head the area as an EVP and member of the CMB. Wenche Agerup, current General Counsel and EVP for People & Organization, HSE, CSR and Compliance, and Oliver Bell, EVP of Rolled Products, will leave the company to pursue other options.

Norsk Hydro Provides Capital Expenditure Guidance for the Year 2014 and 2015

Norsk Hydro provided capital expenditure guidance for the year 2014 and 2015. CapEx in 2014 of roughly NOK 3.9 billion. Due to a combination of bigger sustaining projects, in particular Bauxite & Alumina. The company see that the sustaining CapEx for 2014 is going to be closer to NOK 3.3 billion, wider than the NOK 3.9 billion. CapEx guidance for 2015 the company see a significant increase from 2014 to 2015 up to NOK 6.5 billion.


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