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Home > Company Index > Retail > Grocery Retailing > NorgesGruppen A/S

NorgesGruppen A/S
 PROFILE
NorgesGruppen might be the new kid on the food retail block, but it has already made it to the front of the pack. NorgesGruppen (Norwegian Group), the largest food retailer in Norway, operates more than 3,100 supermarkets, convenience stores, newsstands, and restaurants. Founded in 1995, the group is made up of independent retailers, but it also owns some of the chains. Its store banners include Meny, Centra, Kiwi (discount chain), Spar, Joker, Naermat, Ultra (hypermarkets), and MIX (convenience stores). NorgesGruppen feeds patrons at over 300 of its restaurants, which include names like Dolly Dimples, Bon Appetit, Phileas Fogg, and Pizza-Ekspressen. Food wholesaler Joh. Johannson owns about 70% of NorgesGruppen.

 COMPETITION
Axel Johnson AB (dossier)
ICA Ahold AB (dossier)
Royal Ahold N.V. (AHO)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,281.30
1-Yr. Sales Growth: (47.6)%
Employees: 1,800
Revenue per employee: $1,267,388.89

 KEY PEOPLE
• Sverre Leiro
    CEO
• Morten Nordheim
    CFO

 CONTACT INFO
Parkveien 61, 4 etg.
0204 Oslo, Norway
Phone: 47-22-12-24-00
Fax: 47-22-12-24-10
Online: Web Site

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