Hydro Annual Report 2011b
Hydro Annual Report 2011b
Hydro Annual Report 2011b
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74<br />
vIABIlItY perForMAnCe<br />
Facts and figures<br />
Facts and figures<br />
Society<br />
for geographical distribution of total assets, investments and revenues, see note 7 in the consolidated financial statements.<br />
Geographical distribution of employees of employees and payroll and payroll<br />
2011 2010 2009 2008 2007 2011 2010 2009 2008 2007<br />
Norway 4 045 4 146 4 421 6 019 7 139 2 692 2 915 3 023 3 757 3 348<br />
Germany 4 352 4 373 4 417 4 553 4 618 1 908 1 950 1 937 1 986 1 983<br />
France 1 437 1 432 1 468 1 785 1 658 516 508 582 581 559<br />
Italy 1 129 1 159 1 211 1 287 1 334 393 365 381 392 388<br />
Great Britain 430 442 453 506 887 134 144 136 168 207<br />
Spain 707 806 1 005 1 051 640 253 260 317 269 231<br />
Poland 159 151 65 188 184 23 24 18 24 16<br />
Austria 430 448 408 415 408 206 209 193 197 213<br />
Slovakia 480 78<br />
Other 1 708 2 228 2 279 2 850 3 436 580 631 773 878 916<br />
Total EU 10 832 11 039 11 306 12 635 13 165 4 091 4 092 4 337 4 495 4 513<br />
Other Europe 80 66 63 81 129 118 89 77 78 89<br />
Total Europe 14 957 15 251 15 790 18 735 20 433 6 901 7 096 7 436 8 330 7 950<br />
USA 1 602 1 497 1 504 1 967 2 519 485 501 585 616 752<br />
Brazil 4 564 459 411 432 419 999<br />
Other Americas 364 769 703 837 803 31 125 87 78 104<br />
Asia 643 833 691 532 487 84 70 58 51 51<br />
Australia 525 544 561 563 490 407 350 302 259 243<br />
Total outside Europe 7 698 4 102 3 870 4 331 4 718 2 006 1 046 1 032 1 003 1 151<br />
Total 22 655 19 353 19 660 23 066 25 151 8 907 8 142 8 468 9 333 9 101<br />
1) Per December 31.<br />
1) Per 31 December<br />
Number of employees 1)<br />
Payroll (NOK million)<br />
The increase in number of employees from 2010 to 2011 is mainly due to the acquisition of vale’s former aluminium business<br />
in Brazil, while restructuring measures elsewhere in the company, especially within <strong>Hydro</strong> Building Systems, had an opposit<br />
effect on the overall level. The reduction in number of employees from 2009 to 2010 are mainly the divestment of our smallest<br />
rolling mill Inasa in Spain, closure of our extrusion plant in Adrian, Michigan, and the cost improvement program in our primary<br />
metal business. During the same period new employees have joined <strong>Hydro</strong>, among other things, through acquisitions in<br />
Spain and Taiwan. Earlier reductions are mainly due to restructuring processes following the financial crises in 2008 and 2009,<br />
and divestment of <strong>Hydro</strong> Polymers to the British company Ineos and <strong>Hydro</strong> Production Partner to the German company Bilfinger<br />
Berger in 2008.