• Norsk Hydro is a Norwegian aluminium and renewable energy company, headquartered
in Oslo. The Norwegian state holds a 45% ownership interest in the company
• The company had a significant presence in the oil and gas industry until 2007, when
these operations were merged with rival Statoil to form StatoilHydro.
• Financed by the Swedish Wallenberg family and French banks, the company was
founded in 1905 as Norwegian Hydro-electric Nitrogen Ltd by Sam Eyde
• The company used a novel technology for producing artificial fertilizers by fixing nitrogen from air. The
technology had been developed by the Norwegian scientist Kristian Birkeland.