The Orkla Group is a Norwegian industrial conglomerate which regards the Nordic region as its domestic market. The company's main divisions are brandedconsumer goods, speciality materials, and financial investments. Orkla's area of speciality materials comprises Elkem, Sapa and Borregaard. A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... The Nordic countries (Greenland not shown) The Nordic countries is a term used collectively for five countries in Northern Europe. ... Branding may refer to either: the imprinting of brand marks on live skin, see Livestock branding, Branding persons and Branding (law). ... Wikipedia does not yet have an article with this exact name. ... Materials are inputs to production or manufacturing. ... Investment or investing is a term with several closely-related meanings in finance and economics. ... Elkem is one of Norways largest industrial companies, and one of the worlds leading suppliers of metals and materials. ... Lead(II) acetate, (trihydrate: Pb(CH3COO)2·3H2O) is a white crystalline substance made by dissolving lead in acetic acid. ... Borregaard Norwegian company, established in 1889 in Sarpsborg, Norway. ...
Group operating revenues totalled NOK 32 billion, approximately €4 billion, in 2004, rising to 55 billion, (€7 billion), in 2005. Krone is the name of the currency used in Norway. ...
On Tuesday, OrklaASA disclosed that it had received a warning from Roekke's Norway Seafoods Holding (NWSH) that "there is a possibility that the loan granted to the company by Orkla will not be repaid when it falls due on September 30, 2003.
Orkla has written to the Board of Directors of NWSH emphasizing that Orkla expects the remainder of the loan to be repaid on the due date
Orkla has the right to sell Kjell Inge Roekke's personal assets for that part of the loan that is eventually not met," Aftenposten reports the notice as saying.
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