Orkla ASA Company Description
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses.
The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations.
It also provides confectionery, biscuit, and snack products; and spices, masalas, and various food products based on dried mixes.
In addition, the company offers personal care, hygiene, laundry detergent, and cleaning products; dietary supplement, oral care, sport nutrition, and weight control products; wound care products and first aid equipment; painting tools and accessories; basic and wool garments; and professional cleaning products.
It operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnesstukku e-commerce portals for health and sports nutrition products; and restaurants.
Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydro power to the Nordic power market; and develops and sells real estate properties.
It offers its food products under the Grandiosa, TORO, Stabburet, Felix, Paulúns, Fun Light, Abba, Beauvais, Kalles, Den Gamle Fabrik, Hamé, and Vitana brands; confectionery and snacks under the KiMs, Nidar, Stratos, Sætre, Göteborgs Kex, OLW, Panda, Laima, Selga, Taffel, Kalev, and Nói Síríus brands; home and personal care products under Zalo, OMO, Blenda, Jif, Define, Solidox, Dr Greve, Lano, and Bliw; health produtcs under Möller's, Jordan, Vitalab, OSL, Cederroth First Aid, Salvequick, Livol, Nutrilett, Maxim, Collett, Solidox and CuraMed brands; and food ingredients under the Odense, Mors Hjemmebakte, KronJäst, Bakkedal, and NATURLI brands.
It has operations in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.
The company was founded in 1918 and is headquartered in Oslo, Norway.
![Orkla ASA logo](https://img.stockanalysis.com/logos1/OL/ORK.png)
Country | Norway |
Founded | 1918 |
Industry | Packaged Foods |
Sector | Consumer Staples |
Employees | 19,670 |
CEO | Nils Selte |
Contact Details
Address: Drammensveien 149 Oslo, 0277 Norway | |
Phone | 47 22 54 40 00 |
Website | orkla.no |
Stock Details
Ticker Symbol | ORK |
Exchange | Oslo Børs |
Fiscal Year | January - December |
Reporting Currency | NOK |
ISIN Number | NO0003733800 |
SIC Code | 9997 |
Key Executives
Name | Position |
---|---|
Nils Kloumann Selte | President and Chief Executive Officer |
Camilla Tellefsdal Robstad | Executive Vice President of Legal and Compliance |
Håkon Mageli | Executive Vice President of Communication and Corporate Affairs |
Christer Gronberg | Executive Vice President of Human Resources and Head of Corporate Functions |
Atle Vidar Nagel-Johansen | Executive Vice President of Orkla's Branded Consumer Goods Business, Investment Exec. and Member of Group Exec. Board |
Hege Holter Brekke | Executive Vice President of Investments |
Harald Ullevoldsæter | Executive Officer |
Maria Syse-Nybraaten | Executive Vice President of Investments |
Audun Stensvold | Executive Vice President of Investments |
Oyvind Torpp | Executive Vice President of Investments |