Magnora ASA (OSL:MGN)
Norway flag Norway · Delayed Price · Currency is NOK
20.60
-0.30 (-1.44%)
Mar 9, 2026, 4:25 PM CET

Magnora ASA Company Description

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects.

The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018.

Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Magnora ASA
Magnora ASA logo
Country Norway
Founded 2001
Industry Utilities - Renewable
Sector Utilities
Employees 33
CEO Erik Sneve

Contact Details

Address:
Karenslyst Alle 6
Oslo, 0278
Norway
Website magnoraasa.com

Stock Details

Ticker Symbol MGN
Exchange Oslo Børs
Fiscal Year January - December
Reporting Currency NOK
ISIN Number NO0010187032
SIC Code 1389

Key Executives

Name Position
Emilie Schjott Brackman Vice President of Offshore Wind and Chief Executive Officer of Magnora Offshore Wind
Erik Daylemani Sneve Chief Executive Officer
Torstein Sanness Executive Chairman
Bard Olsen Chief Financial Officer
Stein Bjornstad Chief Operating Officer
Hannah Hoydal Investment Manager
Haakon Alfstad Head Advisor
Trond Gartner Senior Vice President of Business Development
Espen Erdal Senior Vice President of Projects and Transactions
Morten Strømgren SVice President of Ownership and Investments