Orkla ASA Company Description
Orkla ASA operates as an industrial investment company within brands and consumer-oriented businesses in Norway, Sweden, Denmark, Finland, Iceland, the Baltics, rest of Europe, and internationally.
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 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.
Further, it operates Gymgrossisten, Proteinfabrikken, Bodystore, and Fitnesstukku e-commerce portals for health and sports nutrition products, as well as restaurants.
Additionally, the company supplies margarine and butter blends, bread and cake improvers and mixes, yeast, marzipan, and ice cream ingredients; produces and supplies hydropower 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 the Zalo, OMO, Blenda, Jif, Define, Solidox, Dr Greve, Lano, and Bliw brands; health products under the 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.
The company was founded in 1918 and is based in Oslo, Norway.
| Country | Norway |
| Founded | 1918 |
| Industry | Packaged Foods |
| Sector | Consumer Staples |
| Employees | 19,080 |
| CEO | Nils Selte |
Contact Details
Address: Drammensveien 149 Oslo, 0277 Norway | |
| Phone | 47 22 54 40 00 |
| Website | orkla.com |
Stock Details
| Ticker Symbol | ORKLY |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | NOK |
| ISIN Number | US6863311097 |
| SIC Code | 9997 |
Key Executives
| Name | Position |
|---|---|
| Nils Kloumann Selte | President and Chief Executive Officer |
| Arve Regland | Executive Vice President and Chief Financial Officer |
| Camilla Tellefsdal Robstad | Executive Vice President of Legal and Compliance |
| Christer Gronberg | Head of Corporate Functions |
| 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 |
| Thomas Oybo | Head of Share Portfolio and Investment Director |