Yokogawa Establishes a new Subsidiary in Norway

  Enquiry / contact me

Through its new subsidiary, Yokogawa aims to expand its business in the renewable energy, pharmaceutical, and food industries, targeted in Yokogawa’s Transformation 2020 mid-term business plan

Yokogawa Establishes a new Subsidiary in Norway
Yokogawa Establishes a new Subsidiary in Norway

With the aim of engaging in the sale of control products and provision of related services, Yokogawa Electric Corporation announced the opening of its new subsidiary in Norway, Yokogawa Norge, established on 14th February 2019.

Renewable energy, pharmaceuticals, and foods are targeted under Yokogawa’s Transformation 2020 mid-term business plan, and each of these industries enjoys good prospects for growth in Norway. The country has played a leading role in Europe’s transition to a low-carbon economy and is diversifying its economy to lessen its dependence on natural resources. 

Norway in Yokogawa Transformation 2020 business plan

In the Norwegian market to date, Yokogawa has relied on its distributors and a representative office to provide and promote control systems, field devices, and related services to the oil & gas industry’s upstream and downstream sectors, including refining and LNG. In July 2017, Yokogawa acquired TechInvent2 AS, a Norwegian company with advanced chemical injection technology that helps to prevent blockages and corrosion in oil wells and pipelines and renamed it Yokogawa TechInvent.

Through the establishment of Yokogawa Norge and the creation of synergy with Yokogawa operations in Aberdeen, Scotland, Yokogawa will be able to solidify its sales and service organisation in Norway and accelerate growth not only in existing markets but also in the renewable energy, pharmaceutical, and food industries. Yokogawa Sales and service operations in Fornebu, Norway will begin from April 2019. 

Posted on March 28, 2019 - (1166 views)
Related articles
High Control Performance & IIoT-ready System
''Agility is the Key of IIoT Innovation,'' Advantech Says at Global IIoT Summit
PAC RADAR Acknowledges Eurotech as Best in Class in “IoT platforms based on Open Source”
Three New Polycarbonate Materials for Industrial 3D Printer
1.2 kW Onboard AC/DC Power Module
Factory Intelligence System
Designing Optical Systems for Space Projects
Compact Rugged Head-Up Display Camera Lens
Taking Close-up Pictures in High Radiation Environments
Compact Barometric Bluetooth Wireless Pressure Sensor
Compact Barometric Bluetooth Wireless Pressure Sensor
Laser Distance Sensors with Industrial Ethernet Interfaces
Haydon and Mobidiag in the fight against the COVID-19 virus
Laser Displacement Sensors for Advanced Automation
Hydraulic Systems are the Heartbeat of Industry: Unlock their Potential
Accurate & Flexible Force Sensors, Even in Low Measuring Ranges
Wireless Kits - Wi-Fi5/BT5.0 and LTE Cat.16
AI Platform based on Nvidia Quadro GPUs
Eco-friendly Augmented RFID Solution
First Rewireable IEC Appliance Inlet with V-Lock
Mouser's Digital AI Conference is now Available On-Demand
Class '0' Certified Oil-free Compressed Air Portfolio
Laser Distance Sensors with Industrial Ethernet Interfaces
1 to 3 Watts "Low-cost" DC-DC Converters
THT Assembly with Robots Boosts Automation instead of Manual Labor
AI Platform based on Nvidia Quadro GPUs
EtherCAT-based Highly Dynamic Multi-axis Servo System
Subaru Selects Xilinx to Power New-generation EyeSight System
Polypropylene-like Material for 3D Printers
Post-Corona Recovery: High demand for “Robotics Skills”