menu

About Aker

This is Aker

For the past 175 years, Aker has driven forward the development of internationally focused, knowledge-based industry in Norway. Aker ASA is an industrial investment company that exercises active ownership to create value. Aker combines industrial expertise with knowledge of the capital markets and financial strength.

In its capacity as owner, Aker helps to develop and strengthen its portfolio. Aker works to drive strategy development, operational improvements, financing, restructuring and industrial transactions forward.

Aker’s ownership interests are concentrated in the oil and gas, maritime assets and marine biotechnology sectors. The investments consist of two portfolios:

The industrial holdings are strategic in nature and are managed with a longterm perspective. They comprise Aker’s ownership interests in Aker BP, Aker Solutions, Akastor, Kvaerner, Ocean Yield and Aker BioMarine. From first quarter 2019, the relatively new companies the oil company Aker Energy (a field operator in Ghana) and the software company Cognite will be included in Aker's Industrial holdings portfolio.

The financial investments comprise cash and other assets. The portfolio also includes the real estate development company FP Eiendom.

Aker is the largest shareholder, directly or indirectly, in eight companies listed on Oslo Stock Exchange. Aker and companies in which Aker is the largest investor had a total turnover of more than NOK 70 billion in 2018, and a workforce of approximately 28 000, including temporary hires. About 50 per cent of the workforce is located in Norway.