nsg industry pulp and paper founded 1962 headquarters lysaker norway key people sven ombudstvedt president and ceo eivind reiten chairman products newsprint and magazine paper revenue nok 18.99 billion 2012 1 operating income nok 2.684 billion 2012 1 profit nok 2.545 billion 2012 1 total assets nok 16.061 billion end 2012 1 total equity nok 4.314 billion end 2012 1 number of employees 4000 2012 1 website www.norskeskog.com norske skogindustrier asa or norske skog which translates as norwegian forest industries is a norwegian pulp and paper company based in oslo norway and established in 1962 . the corporation is the world s largest producer of newspaper newsprint and magazine paper with 18 mills around the world . contents 1 history 2 list of mills 2.1 former mills 3 references 4 external links history edit norske skog started up in 1962 with the construction of a paper mill at skogn in norway with the plant opening in 1966 and a second paper machine in 1967 . half the capital for the project was issued by the norwegian forest owners association . in 1972 norske skog started a cooperation with follum fabrikker in h nefoss . by 1989 norske skog had acquired follum fabrikker and union in skien as well as saugbrugsforeningen in halden . with this norske skog controlled all the pulp and paper mills in norway . the first international acquisition came in 1992 when norske skog golbey in lorraine france . norske skog later bought the entire plant in 1995 . norske skog expanded with purchases in austria in 1996 and the czech republic in 1997 . in 1998 norske skog purchased mills in thailand and the republic of korea . in 2000 norske skog bought the british columbia based fletcher challenge canada with nine mills and pacifica papers formerly macmillan bloedel and created norskecanada . it absorbed the australian newsprint mills a subsidiary of fletcher challenge at the same time . by 2006 norske skog had sold its shares in norskecanada and the company has changed its name to catalyst paper . in september 2005 it acquired the asian company panasia paper in turn making norske skog asia s largest producer of newsprint and magazine paper . the company has suffered from an oversupply in the paper industry and mounting debt . a number of factories have been closed or downsized . the closure of the union paper mill in skien in 2005 caused a massive outcry including protests from a number of politicians . 2 further closures include the closure of a factory in steti in the czech republic 3 the indefinite closure of a factory in south korea and the closure of one of the three paper machines at follum . 4 from march 2007 to march 2008 the value of the norske skog stock plummeted from over 100 kr to below 18 kr 5 an editorial in finansavisen could not rule out the possibility of bankruptcy . 6 in september 2008 norske skog korea was bought by both morgan stanley private equity of asia and shinhan private equity . sven ombudstvedt became ceo of norske skog in january 2010 . ombudstvedt was previously chief financial officer and a management board member of yara international and strategy director of norsk hydro . ombudstvedt succeeded christian rynning t nnesen . 7 list of mills edit as of 2008 norske skog follum h nefoss norway norske skog skogn levanger norway norske skog saugbrugs halden norway norske skog parenco renkum netherlands norske skog bruck bruck an der mur austria norske skog golbey lorraine france norske skog t t t t czech republic norske skog walsum duisburg germany norske skog bio bio concepci n chile norske skog pisa jaguariaiva brazil norske skog boyer tasmania australia norske skog albury albury australia norske skog tasman kawerau new zealand hebei mill zhaoxian china shanghai mill shanghai china singburi mill sing buri thailand former mills edit this list may be incomplete norske skog union skien norway closed 2006 s dra cell folla verran norway sold 2000 s dra cell tofte tofte norway sold 2000 catalyst crofton crofton canada demerged catalyst elk falls elk falls canada demerged catalyst port alberni port alberni canada demerged catalyst powell river powell river canada demerged jeonju mill jeollabuk do republic of korea renamed to jeonju paper chongwon mill chungcheongbuk do republic of korea renamed to jeonju paper references edit a b c d e f annual results 2012 . norske skog . retrieved 9 july 2013 . union scrapped by minimum margin aftenposten october 5 2005 her legger norske skog ned uten protester e24.no norwegian norske skog stenger en maskin nrk.no march 4 2008 lavest p 25 r lowest in 25 years e24.no norwegian hegnar ikke utenkelig at norske skog g r konkurs hegnar not unthinkable that norske skog will go bankrupt hegnar.no march 14 2008 norwegian press release cision external links edit official website coordinates 59 53 50.25 n 10 36 18.97 e 59.8972917 n 10.6052694 e 59.8972917 ; 10.6052694 retrieved from https en.wikipedia.org w index.php title norske skog & oldid 696013067 categories 1962 establishments in norwaycompanies established in 1962pulp and paper companiespulp and paper companies of norwaymanufacturing companies of norwaynorske skogcompanies based in b rumcompanies listed on the oslo stock exchangehidden categories articles with norwegian language external linkscoordinates not on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschfran aisnorsk bokm lnorsk nynorskportugu s suomi edit links this page was last modified on 20 december 2015 at 08 37 . text is available under the creative commons attribution sharealike license ; 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