Municipality
Kongsberg Municipal Economy & Industrial Landscape
An analytical overview of industry structure, major employers, and entrepreneurial opportunities in Kongsberg
Executive Summary
Kongsberg is one of Norway's premier industrial and high-technology hubs, boasting a specialized economy driven by defense systems, maritime technology, aerospace engineering, and subsea systems. Located in Viken county, the municipality combines an advanced export-oriented private sector with a strong academic and public health infrastructure.
With total corporate sales exceeding NOK 39.6 billion in peak years and a local employment base exceeding 22,000 workers, Kongsberg exhibits an extraordinarily high output per employee. The local economy is anchored by global industrial leaders—including Kongsberg Defence & Aerospace, Kongsberg Maritime, TechnipFMC, and GKN Aerospace Norway—which generate extensive spillover demand for specialized technical services, logistics, and regional supply chain partners.
For entrepreneurs and prospective business founders, Kongsberg presents a dynamic dual market: a high-value B2B ecosystem servicing world-class engineering clusters, and an affluent, skilled workforce supporting consumer services, retail, and hospitality across its commercial nodes.
Economic Overview
Kongsberg's macro-economic trajectory over recent years demonstrates strong resilience and long-term expansion, underpinned by global demand for Norwegian high-technology products. Annual corporate revenues climbed from NOK 28.77 billion in 2016 to a peak of NOK 39.68 billion in 2024, representing an overall increase of over 37% across the period.
Workforce trends reflect steady structural growth. Total reported employment rose from 20,895 in 2020 to over 22,200 in 2025, with expectations pointing toward 23,000 employees as expansion projects in defense and green technology mature.
| Metric | 2016 | 2018 | 2020 | 2022 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total Sales (NOK M) | 28,769.8 | 27,264.9 | 31,479.0 | 31,663.4 | 39,682.4 | 35,750.8 |
| Sales YoY Growth | - | -0.1% | +6.0% | +2.1% | +12.8% | -9.9% |
| Employees | 22,064 | 21,587 | 20,895 | 21,625 | 22,034 | 22,266 |
| Employee YoY Growth | - | -4.6% | -1.9% | +2.9% | +0.6% | +1.1% |
Revenue gains were particularly pronounced between 2022 and 2024, driven by double-digit annual increases (+11.1% in 2023 and +12.8% in 2024). Although corporate sales saw a tactical adjustment to NOK 35.75 billion in 2025, employment continued its positive trajectory (+1.1%), underscoring long-term recruitment commitments by primary industrial employers.



Industry Structure
Kongsberg's business landscape is heavily concentrated in high-margin advanced manufacturing, defense, and specialized engineering industries, supplemented by robust public administration, healthcare, and education sectors.
Primary Industry Clusters
- Weapons and Ammunition Production: Led by a single dominant enterprise (Kongsberg Defence & Aerospace), this sector generates NOK 18.50 billion in operating income with 3,751 employees, achieving an EBITDA margin of 16% and exceptional revenue growth (+31%).
- Measuring, Testing, & Navigation Instruments: Comprising 4 companies with 1,351 employees, generating NOK 7.91 billion in operating income and an operating margin of 5%.
- Civilian Shipbuilding & Subsea Equipment: Generates NOK 6.37 billion in operating income across 1,019 employees, driven by TechnipFMC.
- Air and Spacecraft Manufacturing: 1 company (GKN Aerospace Norway) employing 460 workers, generating NOK 2.04 billion with an outstanding 34% EBITDA margin.
- Technical Consulting: A highly fragmented sector with 52 companies and 409 employees, generating NOK 633.6 million in income with an average operating margin of 9%.
- Construction & Infrastructure: Includes specialized sub-sectors such as bridge/tunnel construction (NOK 710.5 million income, 184 employees), site preparation (28 companies, 189 employees), and general building (30 companies, 186 employees).
Corporate & Legal Forms
Limited liability companies (AS) represent the core of commercial enterprise in Kongsberg, accounting for 721 companies, 14,035 employees, and NOK 46.83 billion in operating income. Public organizational entities (ORGL, KOMM, SÆR, and FYLK) account for over 8,000 additional jobs, highlighting the strong presence of public administrative, healthcare, and educational institutions.


Business Geography
Commercial activity in Kongsberg is structured across four primary urban and industrial centers, with the main municipal center serving as the overwhelming engine of output and employment.
| Location | Companies | Employees | Sales Revenue (NOK M) | Operating Income (NOK M) | EBITDA Margin |
|---|---|---|---|---|---|
| Kongsberg (Center & Technology Park) | 770 | 21,726 | 44,312.1 | 46,439.9 | 11% |
| Skollenborg | 110 | 1,032 | 1,887.5 | 1,925.9 | 7% |
| Hvittingfoss | 54 | 680 | 824.8 | 891.4 | 4% |
| Passebekk | 9 | 51 | 35.8 | 39.0 | 13% |
Area Breakdown
- Kongsberg Central: Houses the world-renowned Kongsberg Technology Park at Kirkegårdsveien, housing major headquarters, university facilities, DPS, and regional municipal services. It represents over 95% of total commercial turnover in the municipality.
- Skollenborg: Located south of the main city center, Skollenborg acts as a key civil engineering and infrastructure hub, anchored by firms such as BMO Entreprenør AS.
- Hvittingfoss: Serves as a manufacturing node in the southern corridor of the municipality, hosting automotive manufacturing facilities (Kongsberg Automotive AS) and local service operations.
- Passebekk: A rural district with specialized local businesses, achieving solid operational margins (13% EBITDA) across 9 operating entities.

Largest Employers
The employer landscape in Kongsberg features a combination of high-tech multinational corporations, major public institutions, and specialized regional contractors.
Major Enterprise Employers
| 1. Kongsberg Defence & Aerospace AS (Kirkegårdsveien 45): 3,751 employees | NOK 18,497.5M Sales | Defence & Aerospace Systems |
|---|---|---|
| 2. Kongsberg Maritime AS (Kirkegårdsveien 45): 1,274 employees | NOK 7,616.4M Sales | Marine Systems & Navigation |
| 3. TechnipFMC Norge AS (Kirkegårdsveien 45): 1,019 employees | NOK 6,372.1M Sales | Subsea Energy Technologies |
| 4. GKN Aerospace Norway AS (Kirkegårdsveien 45): 460 employees | NOK 1,730.8M Sales | Jet Engine Components & Aerospace |
| 5. BMO Entreprenør AS (Skollenborg): 184 employees | NOK 708.5M Sales | Infrastructure, Bridges & Tunnels |
| 6. Kongsberg Automotive AS (Hvittingfoss): 146 employees | NOK 523.1M Sales | Vehicle Parts Manufacturing |
| 7. Kongsberg Technology Training Centre AS: 145 employees | NOK 62.0M Sales | Specialized Technical Training |
| 8. 4Service Eir Renhold AS: 144 employees | Facility Management & Cleaning | |
| 9. Glitre Nett AS: 140 employees | Electricity Grid Operations |
Major Public Institutions
- Kongsberg Kommune: 3,329 employees across primary public administration and central municipal services.
- Vestre Viken HF (Kongsberg Sykehus Somatikk & DPS): Over 640 employees delivering regional healthcare and specialized adult mental health care.
- Kongsberg Videregående Skole: 262 employees providing upper secondary education.
- Universitetet i Sørøst-Norge (Campus Kongsberg): 192 employees delivering higher education and engineering degree programs.
Business Dynamism & Bankruptcies
Kongsberg exhibits high structural economic stability. While cyclical headwinds periodically impact subcontractors and consumer-facing segments, corporate insolvency rates remain low relative to total commercial activity.
Data indicates a total of 6 bankruptcies registered in the recent reporting period, primarily affecting small-scale subcontractors, personal services, and trade suppliers:
- Buskerud Anlegg AS (Numedalsveien 76): Construction/machinery supply (NOK 19.1M Sales revenue, EBITDA NOK -1.1M).
- Hallingfrakt AS (Industriveien 5): Technical logistics & transport consulting (NOK 60.8M Sales revenue, EBITDA NOK -2.3M).
- Malefirma Klokseth AS (Dyrgravveien 10): Painting & finishing services (NOK 11.0M Sales revenue, EBITDA NOK -640K).
- Simon Hogstad AS (Sandsværveien 114): Glass processing/manufacturing (NOK 13.0M Sales revenue, EBITDA NOK -455K).
- Petronella & Co AS (17. mai gata 4): Retail household goods (NOK 6.5M Sales revenue, EBITDA NOK 1.4M).
- Vestsiden Catering og Restaurant AS (Peckels gate 12A): Hospitality/catering services.
These insolvencies highlight isolated margin pressures in civil earthworks, building trades, and local retail, rather than any systemic risk within Kongsberg's foundational engineering core.

Opportunities for Founders
Kongsberg's combination of high industrial capital intensity, top-tier engineering talent, and above-average median incomes creates distinct startup opportunities across both B2B and B2C vectors.
Key Entrepreneurial Avenues
- B2B Industrial Technology & Supply Chain: Subcontracting niches in precision machining, testing services, additive manufacturing, industrial software, and specialized maintenance for defense, energy, and maritime sectors.
- Engineering & Environmental Consulting: With 52 active technical consulting firms generating NOK 633.6M, high demand persists for specialized engineering consultants in automation, software integration, and carbon accounting.
- Consumer Services & Specialty Retail: Given the large concentration of engineers and high earners at Kirkegårdsveien, there is ongoing demand for high-quality dining, modern fitness concepts, private daycare services, and professional lifestyle amenities.
- Regional Infrastructure & Green Logistics: Transport, fleet management, and clean energy services tailored to heavy industrial traffic between Kongsberg, Skollenborg, and the wider Viken region.
Founders evaluating market Entry in Kongsberg can use SmartGrunder to explore available commercial properties, analyze industry demographics, and identify underserved niches across Kongsberg's commercial centers.
Conclusion
Kongsberg stands out as an exceptional economic powerhouse within Norwegian industry. Anchored by world-leading industrial enterprises in defense, maritime navigation, and aerospace, the municipality offers rare economic stability, high revenue productivity per employee, and a highly educated workforce.
While industrial barriers to entry are high in prime technology manufacturing, secondary opportunities abound for nimble technology suppliers, specialized trade contractors, and premium consumer service providers. For decision-makers and prospective founders, Kongsberg offers a rich and stable environment for long-term commercial growth.