Norsk Hydro to shut down five extrusion facilities in Europe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
0mins
Source: SeekingAlpha
Business Restructuring: Norsk Hydro plans to close five extrusion plants in Europe, located in the UK, Germany, Italy, and the Netherlands, to enhance competitiveness and optimize operations.
Impact on Employees: The proposed closures will affect 730 employees, with formal consultations starting immediately, and if approved, the closures are expected to occur in 2026.
Financial Implications: The restructuring is estimated to cost NOK 1.9 billion, including NOK 460 million in impairment charges, with an anticipated annual improvement in run rate exceeding NOK 0.5 billion.
Future Operations: Post-restructuring, Norsk Hydro will operate 28 extrusion plants and five recycling facilities in Europe, employing a total of 7,000 staff.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
