Official information
Banner
Banner

Danish Egmont new owners of Oslo Kino

 

Danish Egmont's daughter Nordisk Film has has acquired all shares in the biggest cinema chain in Norway, Oslo Kino AS.

 

Nordisk Film will thereby be adding 15 cinemas to the existing 18 cinemas owned in Denmark and Norway.  

Nordisk Film is expecting to take over Oslo Kino in the second quarter of 2013. The total fee that the municipality of Oslo receives amounts to approximately 600 million Norwegian Kroner.

As the new owner of Oslo Kino with its 15 cinemas and annual sales of about 3 million tickets, Nordisk Film will become a significant player on the Norwegian cinema market in the future. Nordisk Film is already part owner of KinoCity Drammen in Norway. With the addition of Oslo Kino’s cinemas the market share will add up to 28 percent.

“For many years, Nordisk Film has wished to expand our activities in Norway. We are really happy that the municipality of Oslo has chosen us to be the right future owner of Oslo Kino. We are looking forward to contributing to the development of Oslo Kino with our more than 100 years of experience and love for film,” says Allan Hansen, Managing Director of Nordisk Film.

Nordisk Film has already been present in Norway for a number of years, initially as a TV and movie production company and later on also within promotion and sales of films, computer games and gaming consoles.

Nordisk Film owns 66,7 percent of KinoCity Drammen in a close and sound partnership with the municipality of Drammen. With KinoCity, Drammen is the fifth largest cinema city in Norway with more than 350.000 visitors per year.

The mother company, Egmont, has been present in the Norwegian society for more than 100 years and owns, beyond Nordisk Film, the magazine company Egmont Hjemmet Mortensen, Egmont Kids Media and Cappelen Damm (50 percent). After having been co-owner of Norwegian TV 2 since 1992 Egmont finally became the sole owner with the acquisition of the remaining 50 % in 2012.

(NRK/Aftenposten/Press release)


Related Articles

Easter vacation has started

For many Norwegians, the week-long Easter vacation started already Friday afternoon, and the roads out of the larger cities were quickly filled with cars heading for the mountain cabins or the seaside "hytte"...Read more...

Authorities to discuss aviation security

The Government has called for a meeting with the Norwegian Civil Aviation Authoriity (CAA Norway) to discuss aviation security, following the tragic crash of the Germanwing plane in the Alps...Read more...

Football: Croatia crushed Norway

Norway's young team lost 1-5 to Croatia in Saturday's Euro qualifier in Zagreb. Alexander Tettey scored for Norway ten minutes before the end...Read more...

70% oppose EU Membership

Seven out of ten Norwegians are opposed to EU membership. This is shown by a fresh poll made by Sentio for the newspapers Nationene and Klassekampen...Read more...

Norway adjusts its Ebola response

Norway has so far provided more than NOK 500 million to the efforts to fight Ebola in West Africa. The infection rate is now greatly reduced. (Photo: Health Minister Bent Høie)..Read more...

Traffic returns to normal

In Southern Norway, road, rail and air traffic is on Friday morning getting gradually back to normal, following the massive snowfall on Thursday, which caused havoc in many parts...Read more...

Increased funding for UN human rights work

Minister of Foreign Affairs, Børge Brende says Norway is providing NOK 90 million to the Office of the UN High Commissioner for Human Rights. This is an increase of NOK 10 million compared with last year...Read more...

World's longest sub-sea power cable

Norwegian energy distributor Statnett and UK's National Grid have reached an agreement to construct an interconnector between UK and Norway. The 1400 MW subsea electricity cable will connect the two countries' electricity markets directly for the first time...Read more...

Taliban participates in Oslo peace seminar

Representatives of Taliban and Afghan authorities have recently in secret participated in a seminar for peace mediation in Oslo, public broadcaster NRK reports...Read more...

Winter weather is back!

After several weeks of springlike weather, people in Southern Norway on Thursday morning woke up to several inches of wet newfallen snow blanketing greening lawns and budding snow drops and daffodils...Read more...

Norway's merchant fleet slightly reduced

After remaining at about the same level for five years, the Norwegian Merchant Fleet saw a slight fall at the end of 2014.The number of vessels fell by 19, along with a reduction in gross tonnage of 832 000...Read more...

Cooperation against fisheries crime

Norway has initiated a new international cooperation against financial crime in the fisheries sector. A North Atlantic Fisheries Intelligence Group has been founded...Read more...

Bergen: Beggars behind organised crime

The west coast city of Bergen is experiencing a strong increase in the number of Romanian beggars this year, NRK reports. According to police they all belong to the same organised group...Read more...

PST: -15 Norwegian "foreign warriors" killed in Syria

 Of the around 70 persons who have left Norway to join the IS/ISIL in Syria and other areas, around 15 have been killed,  while another 25 have returned to Norway...Read more...

Fire extinguished on North Sea drillship

No one was injured when a fire broke out on the Norwegian drillship "Petrojarl" in the North Sea in the early hours of Tuesday morning...Read more...

62 Degrees North

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/612298Web_0074_hm_567x378_72.jpg

Sea Safari

Let the adrenalin flow during our exiting sea safari in an open rapid RIB boat. Discover Ålesund from the sea. Visit seal colonies and experience puffins and eagles at the See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/979953Web_Brosundet_lighthouse_room_49.jpg

Brosundet Lighthouse

Hotel Brosundet is small and intimate with only 47 rooms. The jewel in our treasury-box is Room 47. Only a few minutes walk from the hotel lies the old and See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/489969Web_DSC_4757.jpg

Storfjord Hotel

Storfjord Hotel is a secluded luxury hotel situated in Øvre Glomset, 30 km east of Ålesund, on a hillside overlooking the Storfjord and the Sunnmøre Alps. Ever since it opened See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/971299Web_Kajakk_Brosundet.jpg

Kayaking in Brosundet

A surprisingly large number of Norway’s most stunning natural attractions are concentrated around 62 degrees north latitude. Our company, 62˚Nord is a local company, with the intimate local knowledge necessary See details

http://www.norwaypost.no/components/com_gk3_photoslide/thumbs_big/739979Web_640__Somerruter_Foto_RasmusKongs__re.jpg

Summer Trip

Join a tour with a comfortable sightseeing boat to the wild and majestic Hjørundfjord, with stunning views of mountains and fjords at their most spectacular! The meeting between the torn See details

Local News in Brief

Social Networking

Norges Rederiforbund
Statoil
Eidsvoll 200 year

.Partners

NORGE.NO/DIFI
Bedin Front Right Top