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Kongsberg Vaabenfabrik

Kongsberg Gruppen ASA
Allmennaksjeselskap
Traded as :
Industry Merchant marine, defense, aerospace, offshore oil and gas industries.
Founded March 30, 1814
Headquarters Kongsberg, Norway
Area served
Global
Key people
Geir Håøy(CEO)
Revenue IncreaseNOK 26,323 million (2014)
Number of employees
7,493 (December 2014)
Subsidiaries

Kongsberg Maritime Kongsberg Defence Systems Kongsberg Protech Systems

Kongsberg Oil & Gas Technologies
Website http://www.kongsberg.com

Kongsberg Maritime Kongsberg Defence Systems Kongsberg Protech Systems

Kongsberg Gruppen is an international technology group that supplies high-technology systems and solutions to customers in the merchant marine, defence, aerospace, offshore oil and gas industries, and renewable and utilities industries.

At the beginning of 2016 Kongsberg had revenues of NOK 17,032 million, and 7,688 employees in more than 25 countries. The company is headquartered in Kongsberg.

It comprises four business areas:

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 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 Vaabenfabrik.


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