Statoil ASA (before November 1, 2009 - StatoilHydro) was established on 1 October 2007 following the merger between Statoil and Hydro’s oil and gas activities. Per January 2008 it employs 31,000 employees in 40 countries. Market capitalisation of the company is worth more than NOK 500 billion. Production averages over 1.7 million barrels of oil equivalent per day, while proven reserves are more than 6 billion barrels of oil equivalent. The company today is:
• The world’s third-largest net seller of crude oil
• One of the world’s largest gas suppliers
• Biggest seller of oil products in Scandinavia
• The world’s largest operator of deepwater fields
• World-leading in the use of deepwater technology
• World-leading in carbon capture and storage
• Operator for 39 producing oil and gas fields
Both Statoil and Hydro has been present on the Russian market since 1990s. From the 1st of November, 2009 the company changed name to Statoil ASA.
NRCC Sponsor
Eksportfinanse
Eksportfinans is the Norwegian Export Credit Agency - the joint institution of the banks and the Norwegian Government. The purpose of Eksportfinans is to develop and offer competitive, long-term financial services to the export industries and the local government sector.
Eksportfinans has been financing Norwegian export contracts in Russia since 1996. In this work the institution cooperates with a large network of Russian banks and financial institutions.
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Selmer
Selmer (80 lawyers and 15 economists (incl. 5 public registered accountants) provides a wide range of top quality legal, financial and strategy services for Norwegian and international clients.
Selmer is a Norwegian law firm able to provide a full range of legal services both in Norway and Russia. The firm has assisted a number of Norwegian, Russian and international companies and institutions on mergers & acquisitions, intellectual property rights, financing (equity and loan), establishment of companies, joint ventures, structuring of ownership (incl. tax evaluations) and strategy development.
Selmer is first Norwegian law company which established a permanent office in Moscow, Russia, in 2006. In 2006 Selmer was elected "Norwegian Law Firm of The Year 2006" by International Financial Law Review.
NRCC Sponsor
Det Norske Veritas (DNV)
Det Norske Veritas (DNV) is an independent foundation with the objective of safeguarding life, property, and the environment, with the history going back to 1864. While headquartered in Oslo, Norway, DNV has worked internationally since 1867 and has established approximately 300 offices in 100 different countries, with close to 7 000 employees worldwide.
DnV has been working with Russian customers through many years, and in 2005 the company established a permanent office in Moscow.
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Telenor Group
Telenor Group is Norway's largest telecommunications company and one of the fastest growing providers of mobile communications services worldwide. Telenor is also the largest provider of TV services in the Nordic region. Telenor has mobile operations in some of the world's fastest growing markets, and the home market, Norway, is one of the most advanced in the world today.
Telenor’s net income in 2006 was NOK 15,920 million. The corresponding figures for 2005 were NOK 7,646 million.
* More than 129 million mobile subscriptions worldwide
* Strong position in the growing Scandinavian market for broadband services
* Largest provider of television and broadcast services in the Nordic region
* Revenues 2006: NOK 91.1 billion
* Workforce: 33 500 man-years
* Listed on the Oslo Stock Exchange and headquarted in Norway
Telenor has invested around $1.2 billion in Russian telecoms during a period of almost 15 years. Telenor holds the number one position among foreign telecom operators investing in Russia. Telenor concentrates its investments and efforts in Russian companies VimpelCom and Golden Telecom.
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Sparebank 1 Group
Sparebank 1 Gruppen is one of the largest providers of financial products and services in the Norwegian market. The banks in the Sparebank 1 Alliancedistribute Sparebank 1 Gruppen’s products and collaborate in key areas such as brands, work processes, expertise development, IT operations and system development.
Sparebank 1 Gruppen AS is a holding company that, through its subsidiaries, provides in addition to banking services, general and life insurance and fund management.
Sparebank 1 Nord-Norge is established also in Russia.
The bank’s main office was opened in St. Petersburg in Soptember 2010 and there a branch is located in Murmansk.
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DnB NOR ASA
DnB NOR is Norway’s largest financial group with the total managed assets of around NOK 1,630 billion and a market capitalization of around NOK 114billion. The group is a market leader in Norway within life insurance, capital markets operations and asset management operations.
The banking arm, DnB NOR Bank ASA is Norway’s leading corporate bank, servicing around 60% of Norway’s 300 largest companies. The bank’s international network comprises 12 branches and representative offices, subsidiaries in the Baltic countries and Poland through the DnB NORD group and a subsidiary in Russia - DnB NOR Monchebank - with head office in Murmansk.
NRCC Sponsor
Innovation Norway
Innovation Norway offers products and services intended to help boost innovation in business and industry nationwide, foster regional development and promote Norwegian industry and Norway as a tourist destination.
Innovation Norway is to be backer and promoter of entrepreneurs, newly-founded and small and medium-sized enterprises that seek to grow, as a rule in an international market. The organisation’s role is to provide or arrange financing, link customer enterprises to know-how and help them build networks for their innovation projects.
As of 1 January 2004, Innovation Norway assumed the duties of the Norwegian Industrial and Regional Development Fund (SND), the Norwegian Trade Council, the Norwegian Tourist Board and the Government Consultative Office for Inventors (SVO).