Search Contact
This page is available in multiple languages
Select Language

Norconsult ASA lists on Oslo Børs

Back

  • 55th listing this year on Euronext and seventh listing this year on Oslo Børs markets
  • Market capitalisation of approximately NOK 5.9 billion and the largest listing on Oslo Børs in 2023

 

Oslo – 10 November 2023 – Oslo Børs, part of the Euronext Group, today congratulates Norconsult ASA (ticker: NORCO) on its listing on Oslo Børs main market.

Norconsult is one of the largest Nordic consulting companies in engineering, architecture and community planning, with roots dating back to 1929. The company has approximately 6,000 employees across more than 130 offices in Norway, Sweden, Denmark, Poland, Finland and Iceland. Norconsult aims to strengthen its number one position in the Norwegian market, as well as growing in Denmark and Sweden.

This is the seventh and largest listing so far this year on Oslo Børs markets. It is also the 55th listing on Euronext in 2023.

The offering comprised an institutional offering, a retail offering and an employee offering. In total 310,496,875 shares were admitted to trading. On the day of listing, the share price was set at NOK 19 and market capitalisation was NOK 5.9 billion. Adjusted for the company’s holdings of own shares, the market capitalisation is NOK 5.7 billion.

Egil Hogna, CEO of Norconsult, said: “The public listing of Norconsult is an important milestone in our almost 95-year history, a listing that will secure a strong employee ownership and provide exciting opportunities for the company. Norconsult is a highly skilled company with a strong local presence in the Nordics, with a balanced project mix in the private and public sector. Going forward, we will continue to work on attracting, developing and retaining the best talents and continue our profitable growth.”

Egil Hogna, CEO of Norconsult, rang the bell this morning to celebrate the company’s listing on the Oslo Børs main market together with more than 100 of his colleagues from Norconsult who attended a breakfast at Oslo Børs. He was welcomed by Eirik Høiby Ausland, Head of Listing (Photo: Petter Berntsen/ NTB).

Caption: Egil Hogna, CEO of Norconsult, rang the bell this morning to celebrate the company’s listing on the Oslo Børs main market together with more than 100 of his colleagues from Norconsult who attended a breakfast at Oslo Børs. He was welcomed by Eirik Høiby Ausland, Head of Listing (Photo: Petter Berntsen/ NTB).

 

About Norconsult ASA

Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public customers in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika, Norway, Norconsult’s delivery model is centered around knowledge hubs and local presence through approximately 6,000 employees across more than 130 offices in Norway, Sweden, Denmark, Iceland, Poland and Finland. (Figures as of 30.06.2023)

Download press release - Norconsult

Press Release Footer

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. 
For the latest news, follow us on X (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2025, Euronext N.V. - All rights reserved.