Search results
In 2013, the Olav Thon Foundation was established to ensure long-term and stable ownership of the Olav Thon Group. Thon transferred the majority of its funds to the foundation, and up to NOK 100 million are distributed annually for research, charitable and public benefit causes.
- This is the Olav Thon Group
The Olav Thon Group was founded by Olav Thon and is today...
- This is the Olav Thon Group
The Olav Thon Group was founded by Olav Thon and is today owned by the Olav Thon Foundation. The group consists of Thon Holding AS and the listed company Olav Thon Eiendomsselskap ASA. The group is mainly engaged in the real estate and hotel business, and owns and manages over 80 shopping centres in Norway and Sweden, and around 90 hotels in ...
Mar 26, 2013 · Norwegian real estate magnate Olav Thon bought his first building in 1951 and opened his first restaurant in 1966. Now his Olav Thon Group is Norway's largest private real estate company, with 450 ...
- Thon Eiendom
- Thon Hotels
- Other Businesses
- Olav Thon Stiftelsen
Thon Eiendomis the market leader in Norway in real estate with 99 shopping centres and approx. 500 commercial properties. The real estate division includes the listed company Olav Thon Eiendomsselskap ASA. As of 1 January 2017, rental income was NOK 5.3 billion. Commercial property represents the largest item in the property portfolio at 67%. Offic...
Thon Hotels is one of Norway's largest hotel chains. By the end of 2022, the chain had 89 hotels. Including five hotels and two apartment hotels in Belgium, one hotel in the Netherlands, two hotels in Sweden and one hotel in Denmark. The total number of rooms is 13,386. Thon Hotels is the dominant player in the metropolitan regions of Oslo and Berg...
Other businesses account for a smaller part of the Olav Thon Group’s revenues and profits. The largest unit is the industrial producer Unger Fabrikker in Fredrikstad.
The Olav Thon Foundationwas established in December 2013 and at the time of establishment all shares in Olav Thon Gruppen AS were transferred from Olav Thon. The objective of the foundation is to provide stable and long-term ownership of Olav Thon Gruppen and underlying businesses. In addition, the foundation may award funds to charitable causes.
Feb 8, 2014 · The Olav Thon Group now has about 500 properties, including more than 65 hotels in four countries, and 90 shopping centers, with a pretax profit in 2012 of $260 million. BUT his views remain crusty.
In the same period, the company’s market capitalisation has increased from NOK 200 million to NOK 18,9 billion. Since the early 1990s, its main focus area has been shopping centre properties and Olav Thon Eiendomsselskap is today the largest shopping centre actor in Norway and also an important player in the Swedish shopping centre market.
People also ask
Who owns the Olav Thon Group?
How much money does the Olav Thon Group make in 2022?
How many properties does Olav Thon own?
What is the Olav Thon Foundation?
Who is Olav Thon?
Where did Olav Thon buy his first hotel?
Dec 27, 2020 · At the opening, CEO Richard A. Johnson met Thon, then 94 years old, who owns the building. It ended with a pair of jogging shoes for Thon. The building on Karl Johansgate was the first one Thon bought, in 1951, for NOK 1.7 million. Thon is an outdoorsman and an honorary member of the Norwegian Trekking Association.
