Hafslund (company) - History

History

The Hafslund corporation was founded in 1898 and in 1899 it bought the Hafslund farm that had the rights to the waterfall Sarpsfossen in Glomma. In 1986 the group bought Actinor with its subsidiary Nycomed creating the new company Hafslund Nycomed. In 1996 the company was demerged with Nycomed focusing on pharmacy and Hafslund on energy.

In 2001 Hafslund entered the security sector by buying a number of alarm- and security companies. The same year the power company Oslo Energi was bought, as was Tindra Energi a year later, the two creating Hafslund Strøm in 2003. Hafslund and Viken Energinett, that operated the power grid in Oslo, were merged in 2002. In 2007 Hafslund also bought Viken Fjernvarme that operated the district heating in Oslo. Both Oslo Energi, Viken Energi and Viken Fjernvarme were owned by the City of Oslo.

In 2008 Hafslund sold the security operations to Securitas Direct and divested its business areas of building and operation of infrastructure into Infratek. Hafslund owns 43.3% in Infratek.

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