Coop Norge

Source: Wikipedia, the free encyclopedia.
Coop Norge SA
Websitecoop.no
Footnotes / references
(2011[1])

Coop Norge is a Norwegian cooperative. It is owned by 117 local cooperatives with approximately 2 million members.[1] The company has its headquarters in Oslo.

History

The first cooperative store in Norway was opened in the 1850s[

International Co-operative Alliance
.

NKL acquired the Norwegian Margarine Factory (Margarinfabrikken Norge) in

Obs! was established as a separate chain in 1975, and the next year NKL purchased Røra Fabrikker, an Inderøy-based producer of jams and juices. Prix
was introduced in 1990.

In 2000, NKL rebranded itself as Coop NKL. In 2001, in collaboration with Sweden's

FDB, it established Coop Norden AB
and rebranded its own operations as Coop NKL. Coop Norden was dissolved in 2008 and Coop NKL resumed control of its outlets in Norway as Coop Norge SA.

Membership

Members of Coop belong to one or more of the local cooperatives. Each member must make a cash deposit of NOK 100–300. The deposit and some interest is redeemable upon cancellation of the membership.[citation needed] The local cooperatives operate the association's stores and are led by boards elected by the membership. Dividends are paid out based on a percentage of the amount purchased.

Operations

Coop stores include the following divisions:

Subsidiaries

Coop Norge wholly owns Coop Norge Handel AS, its production and trade company; Coop Norge Eiendom AS, its real estate management company; and Smart Club AS, a separate retail chain.[1]

Coop Norge Handel

Coop Norge Handel AS ("Norwegian Coop Trading Co.") controls Coop's production and trading operations. Its wholly owned subsidiaries include

John Weydahl AS and the Grocery Supplier's Environmental Forum in Oslo. It also has stakes in Coop Trading A/S and NAF Trading A/S in Denmark and Coop Norden Bygg Inköp AB, a construction supply firm, in Sweden.[1]

Coop Norge Industri's subsidiaries include

Kellen
" hardware.

Coop Norge Eiendom

Coop Norge Eiendom AS ("Norwegian Coop Property Co.") controls Coop's real estate holdings and investments. Its wholly or partly owned subsidiaries include many properties in Moss, Kristiansund, Surnadal, and Gran, as well as others in Oslo, Bergen, Hammerfest, Tromsø, Lillehammer, and many smaller towns.[1]

Smart Club

Smart Club AS was a formerly independent chain which was purchased by Coop Norge in August 2008.[1] The operations were folded into Coop's existing brands.

See also

  • Coop Norden, Coop's former parent company
    • Coop Danmark
      , its former sister company in Denmark
  • List of the largest Norwegian companies

References

  1. ^ a b c d e f "Års- og samfunnsrapport for Coop Norge 2011" [Annual and Social Report for Coop Norway 2011] (PDF) (in Norwegian). Coop Norge. 2012-05-13. Archived from the original (PDF) on 13 May 2012. Retrieved 2019-09-20.

External links