Foreign-controlled enterprises in Norway, 2000-2009

Sweden largest owner in Norway

Sweden is the largest ownership country measured by the number of enterprises and employees, accounting for 28 per cent and 23 per cent respectively.

Foreign-controlled enterprises by country of ultimate owner. Per cent

Measured by value added, the USA is the largest ownership country with a share of 28 per cent, followed by France with 14 per cent and Sweden with 13 per cent. The USA was the single most important country, accounting for 28 per cent of the value added. France contributed with 16 per cent, followed by Sweden and United Kingdom with 12 per cent each.

In 2009, value added for the foreign-controlled enterprises totalled NOK 346 billion. This equals about 25 per cent of total value added in Norway and is a decrease of 2.5 percentage points from 2008.

About 4 out of 10 large enterprises were foreign-controlled

A total of 2.1 per cent of all enterprises in Norway were foreign-controlled. If we look only at the large enterprises, i.e. 250 employees or more, 37 per cent were foreign-controlled. These large foreign-controlled enterprises amounted to 13 per cent of the total value added in Norway for 2009.

The statistics show the economic activity of foreign-controlled enterprises in a country. A foreign-controlled enterprise is defined as a company that is controlled by an enterprise or other economic unit abroad through an ownership interest of more than 50 per cent. The statistics are compiled according to the ultimate controlling institutional unit (UCI) concept. In a chain of control, UCI is defined as an institutional unit that is not controlled by another institutional unit. See also statistics on Norwegian-controlled enterprises abroad.

Value added in per cent of total business economy

Ownership strongest within administrative activities and oil and gas extraction

It was especially within administrative and support service activities and oil and gas extraction and mining that the foreign-controlled enterprises contributed much of the value added. As much as 44 per cent of value added within administrative and support services came from foreign-controlled enterprises. The corresponding figure for oil and gas extraction and mining is 32 per cent.

The highest share of foreign-controlled enterprises was within oil and gas extraction and mining, where almost 12 per cent of all enterprises in Norway were foreign-controlled.

Comparisons with the national accounts

The FATS statistics are based on enterprises (legal entities), whereas the national accounts use establishments /production unit) as unit. In addition, differences in the definition of characteristics and variables mean that the figures are not fully comparable with industry figures for the national accounts.

Tables


Published 12 September 2011 © Statistics Norway