Norwegian trade, investment and partnership Moscow 01 November 2010.
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Transcript of Norwegian trade, investment and partnership Moscow 01 November 2010.
Norwegian trade, investment and partnershipMoscow 01 November 2010
Foto: Hurtigruten
Confederation of Norwegian Enterprise - NHO
• Main organisation for Norwegian employers
• 16 500 member companies from industry, service and crafts industries• Employing a total of 450 000 people• Network of sectoral federation
• Main organisation for Norwegian employers• 20 000 member companies from industry, service and crafts industries• Employing a total of 500 000 people
The Confederation of Norwegian Enterprise (NHO)
SEA FOOD Fishing, fish farming, fishing boats, equipment
PETROLEUM INDUSTRIES
Oil and gas companies, offshore industry, offshore service, shipping, petrochemical industries.
MARITIME INDUSTRIESShipyards, ship’s gear, offshore, shipping services, maritime R&D
Competitive Norwegian industrial clusters
HYDRO ELECTRIC POWER Equipment, power generationpower distribution, metallurgical industries
FOREST INDUSTRIES Saw mills, wood products, chemical wood pulp, paper industry, packing special products
4
NHO in Russia
Support good framework conditions for trade and investments
… also for Russian investments in Norway
Work with government and business organisations
State visitsPresidential Programme
5
Norwegian-Russian trade: Raw materials based
Imports (Mln Euros) Exports (Mln Euros)
Source: Statistics Norway
Total
import
Metals (
aluminium)
Petroleu
m products
0
100
200
300
400
500
600
700
800
900
1000
200820092010 (jan-jul)
Total export Fish Machines0
100
200
300
400
500
600
200820092010 (jan-jul)
6
But, investments are more diverse
Telenor – Vimpelcom (33,6 %) Statoil – Shtokman (24 %), with Gazprom and Total Orkla – Krupskaya confectionary (SPb) Yara, leading fertilizer producer Wenaas gruppen, hotels Kverneland, agricultural machinery
The government pension fund:Portfolio investments appx. 2.5 bln. Euros in 57 Russian
companies. Gazprom (673 mln. Euro) Lukoil (364 mln. Euro) Rosneft , Sberbank, M-video, Wimm-Bill-Dann, Aeroflot, …
7
Russia – can be a challenge
The Telenor caseImport ban on fish
WTO is a key
8
… but also full of opportunities
Impressive education level – knowledge based industries
Abundancy of raw materials – gas field development
Neighbour effect – high on the political agendaRenewables and green tech could be the next