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NorgesGruppen in brief

'NorgesGruppen is Norway’s largest trading enterprise. The group’s core business is grocery retailing and wholesaling. Through its chains, the group holds a market share of 39.8 per cent of the grocery market. NorgesGruppen was founded in December 1994 as a cooperative organisation for a number of individual players in grocery retailing and wholesaling. The goal was to strengthen existing collaboration between these individual players. It was also important to create a common front for positioning in a market affected by a steady trend towards fewer and larger players, with growing integration between retailing and wholesaling. Since its creation, the collaboration has developed positively. Customers, wholesalers, retailers and owners have all reaped financial benefits, and good long-term relations have been built up.

The group had a turnover of NOK 49 billion in 2008 with an operating profit of NOK 1,204 million. A total of 1,978 grocery stores and 790 kiosks are affiliated to NorgesGruppen, which has more than 27,000 employees.

For more information about NorgesGruppen, please download our annual review 2008 .

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