Environmental Technology, News, Oil & Gas

Large share of value added in foreign-controlled enterprises

Foreign-controlled enterprises, especially within manufacturing and oil and gas extraction, had a large share of the value added in Norway in 2006.

The foreign-controlled enterprises’ value added was NOK 351 billion in 2006. This accounts for slightly more than 29 per cent of the total value added in all enterprises in Norway. Foreign-controlled enterprises within manufacturing and oil and gas exploration accounted for more than 39 and 36 per cent of the value added in these industries, respectively. The value added per employee was around NOK 1 414 000 in the foreign-controlled enterprises, compared with around NOK 923 000 in the business economy as a whole