Concept

Kongsberg Gruppen

Résumé
Kongsberg Gruppen is an international technology group headquartered in Norway, that supplies high-technology systems to customers in the merchant marine, defence, aerospace, offshore oil and gas industries, and renewable and utilities industries. In 2018, Kongsberg had revenues of NOK 14.381 billion, and 6,842 employees in more than 25 countries. The company is headquartered in Kongsberg. It comprises three business areas: Kongsberg Maritime Kongsberg Defence & Aerospace Kongsberg Digital Kongsberg is a continuation of Kongsberg Weapons Factory (Kongsberg Våpenfabrikk - KV) (1814-1987). After KV's restructuring in 1987, defence activities continued as the company Norsk Forsvarsteknologi (NFT). In 1995 the company changed its name to Kongsberg Gruppen. Kongsberg was listed on the Oslo Stock Exchange in 1993 and is a public company. The Norwegian Ministry of Trade, Industry and Fisheries is the largest shareholder with a 50.001 percent interest. Markets outside of Norway pose a growing and increasingly important part of business and represented approximately 80% of revenue in 2015. The company's origin and background dates back to the early 1600s. The discovery of silver in the mountains around Kongsberg in 1624 meant that the city became an important mineral resource for the Danish Norwegian kingdom. When the Danish-Norwegian union was dissolved about 200 years later there was a need to build up a strong defence that would contribute to independence and security for Norway. There was a need for a domestic defence industry, and Kongsberg already had expertise after centuries of mining. On 20 March 1814 Poul Steenstrup founded Kongsberg Våpenfabrikk. 1814 was an important year for Norway. The nation wrote its constitution and the weapons factory was one of the nation's first industrial factories. Kongsberg Silver Mines experienced a recession and as a consequence Kongsberg suffered distress and poverty. There was a need to create new jobs.
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