Below is the information acquired on NAMMO AS, which is not yet included in our research perimeter.

To request an evaluation of this company and its inclusion in the OpenCorporation Ranking or if you have additional, different and more updated data than what is published in this OpenCorporation company card, please write to info@opencorporation.org so that our team may take it in account.

Last update 31 March 2022

Description of economic activities

Manufacture of weapons and ammunition (NACE2 2540)

This company, with headquarters in Raufoss, Norway, is a leading developer and manufacturer of ammunition systems and missile and space propulsion products. The company is also a world leader within environmentally friendly demilitarisation services. The company was founded in 1998 through a merger of three major Nordic defence companies; Celsius AB, Patria Industries Oyj and Raufoss ASA.The company has fully owned subsidiaries in Finland, Germany, Norway, Sweden and the United States. Its operational activity is divided into four business units: small caliber division, medium & large caliber division, missile products division and demil division.The small caliber division (SCD) operates in areas of: Military Home Markets (customer integrated ammunition and logistics supplier); Military Specialities (niche focused speciality ammunition supplier); Civil Centerfire (worldwide target shooting ammunition supplier); and Rimfire (worldwide target shooting ammunition supplier). Its small caliber division is one of the world's leading suppliers of niche technology and products. Its extensive product range includes combat and premium projectiles, cartridge technology and commercial brands ranging from 5.56mm to 9mm ammunition. It has production facilities and offices in Finland, Sweden and Germany.The medium and large caliber division (MLCD) covers a broad range of types of combat- and training ammunition for Army, Navy and Air Force applications. The division also offers a wide range of services like ballistic, environmental and hazard testing, mechanical manufacturing and explosive filling for both external as well as internal customers. It has production facilities in Sweden, Norway and Finland.The missile products division (MPD) has developed and produced advanced Rocket Motors, primarily for the NATO market since the early 1960's. Its main niches within tactical propulsion technologies are Rocket Motors for short-range air-to-air missiles and Boosters for medium to large size naval missiles, both with and without Thrust Vector Control (TVC) system.The company's demil division is a leading business unit world wide. The division holds more than 35 years of experience in demilitarisation with production in Germany, Sweden and Norway. The demil division is specialised in handling excess, outdated and obsolete conventional ammunition. Its services also include turnkey demilitarisation plant/process/equipment projects (including; design, construction, planning, delivery, supervision, start-up and on-site project management as well as operator training and spare part support).
  • NAMMO AS

  • Norway (NO)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr Dag Schjerven
  • CEO Total remuneration: N/A
  • Website: www.nammo.com

Financial data

Number of employees

N/A
24
N/A
20

Revenue 1

N/A
577
514
494

EBIT 1

N/A
54
36
36

EBITDA 1

N/A
81
63
146

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

Global Reporting Initiative certification

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy:
  • Policy to protect the right to health and safety in the workplaces where the company operates:
  • Policy to protect the right to health and safety in the workplaces in the supply chain:
  • Diversity policy:

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions