As of March 10, 2024, EQUINOR ASA is the most valuable company in Norway, with a market cap of $76.49 billion. Following it are DNB BANK ASA ($30.81 billion) and AKER BP ASA ($15.87 billion). Norway’s top five most valuable companies include some of the world’s most renowned brands: TELENOR ASA (No. 4, $15.05 billion) and ADEVINTA ASA (No. 5, $13.22 billion).
Overall, among Norway’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by KONGSBERG GRUPPEN ASA, NORSK HYDRO ASA, MOWI ASA, and SALMAR ASA.
Which one is the most valuable in Norway by market cap?
This list comprises the biggest companies currently in Norway by market cap in 2024:
Norway’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | GAZPROM | $51.42 billion | Alexey Miller |
| 2 | ROSNEFT OIL | $36.64 billion | Igor Sechin |
| 3 | SBERBANK OF RUSSIA | $32.88 billion | Herman Gref |
| 4 | PAO NOVATEK | $32.65 billion | Leonid Michelson |
| 5 | LUKOIL | $29.74 billion | Vagit Alekperov |
| 6 | MINING AND METALLURGICAL COMPANY NORILSK NICKEL | $28.07 billion | Vladimir Olegovich Potanin |
| 7 | GAZPROM NEFT | $20.22 billion | Aleksandr Dyukov |
| 8 | PHOSAGRO | $11.28 billion | Andrey Guryev, Jr |
| 9 | SURGUTNEFTEGAS | $10.2 billion | Vladimir Bogdanov |
| 10 | TATNEFT | $10.05 billion | Nail Maganov |
| 11 | POLYUS | $8.71 billion | Alexey Vostokov |
| 12 | SEVERSTAL | $7.56 billion | Aleksandr Shevelev |
| 13 | ACRON | $7.4 billion | Vladimir Kunitsky |
| 14 | VSMPO-AVISMA CORPORATION | $7.23 billion | Nikolay Melnikov |
| 15 | PIK-SPECIALIZED HOMEBUILDER | $5.49 billion | Ivan Polandov |
| 16 | ALROSA | $5.29 billion | Pavel Alekseevich Marinychev |
| 17 | MOBILE TELESYSTEMS | $5.09 billion | Vyacheslav Nikolaev |
| 18 | MAGNIT | $4.78 billion | Teresa Carroll |
| 19 | MEGAFON | $4.38 billion | Khachatur Pombukhchan |
| 20 | FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO | $3.89 billion | Viktor Khmarin |
| 21 | MAGNITOGORSK IRON & STEEL WORKS | $3.87 billion | Pavel Shilyaev |
| 22 | VTB BANK | $3.74 billion | Andrey Kostin |
| 23 | IRKUT CORPORATION | $3.73 billion | Andrey Boginskiy |
| 24 | UNITED AIRCRAFT CORPORATION | $3.64 billion | Yury Slyusar |
| 25 | INTER RAO UES | $2.75 billion | Boris Kovalchuk |
| 26 | MOSCOW CITY TELEPHONE NETWORK | $1.29 billion | Albert Timurovich Gilmanov |
| 27 | CHERKIZOVO GROUP | $1.23 billion | Sergey Mikhailov |
| 28 | AEROFLOT | $1.19 billion | Sergei Alexandrovsky |
| 29 | NOVOROSSIYSK COMMERCIAL SEA PORT | $1.13 billion | Sergey Georgievich Kireev |
| 30 | PHARMACY CHAIN 36.6 | $1.04 billion | Alexander Kuzin |
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