BNET Industries

Renewable Energy Corporation ASA

(REC) is in the Energy Industry

Market Cap:$1.3M
Last Fiscal Year Sales:$713.0M
  • Public
  • US
Dow Jones Description

Clean & Renewable Energy Promoter

Number of Employees 1,385
Contact Information

Kjorboveien 29

Sandvika

(47) 6757 4450

NAICS Code Hydroelectric Power Generation: 221111

Recent Events

  • PRESS RELEASE: REC ASA - 3rd Quarter 2009

    10/27/09 - Financial Announcement - View Story

  • Deutsche upgrades Norwegian REC to "hold"

    10/06/09 - Bond / Stock Rating - View Story

  • PRESS RELEASE: REC ASA - 2nd Quarter 2009

    8/11/09 - Financial Announcement - View Story

News & Analysis

rec group and renewable energy corporation asa - All News and Analysis

Decision Makers

Name (plus bio) Position
Erik Thorsen CEO
BjOrn Brenna Cfo
Erik Sauar CTO & Senior Vice President
Jon Andersen Jr. Coo
Jon Andre Lokke CFO & Senior Vice President
GOran Bye Executive Vice President, Rec Silicon
Thor Christian Tuv Executive Vice President, Cells, Modules & Systems
Tom Hartmann Executive Vice President, Silicon
Bjorn R. Berntsen Senior Vice President, Admin
Svanaug Bergland Senior Vice President, Org Dev & Corp Comm

Board of Directors

Name (plus bio) Position
Ole Enger Chair of Board
Karen Helene Ulltveit-Moe Board of Directors
Line Geheb Board of Directors
Marcel Egmond Brenninkmeijer Board of Directors
Susanne Elise Munc Thore Board of Directors
Tore Schiotz Vice Chairman

Since June 2005 Mr. Thorsen has been the CEO of Renewable Energy Corporation ASA, a Norwegian solar energy company. Previous working experience includes CEO of Tomra Systems ASA and various executive sales and marketing positions in Unitor ASA. He holds a Bachelor of Commerce degree from University of Karlstad , Sweden . Mr. Thorsen has been a member of the Board of Eltek since April 2000, Chairman since November 2000. He resides in Oslo , Norway . His business address is with the REC Group, Veritasvn 14, Hovik , Norway . Owns 2,500 shares and 0 options.

Organization Position Status
Renewable Energy Corporation ASA CEO Current
Eltek Asa Chairman Current

Organization Position Status
Renewable Energy Corporation ASA Cfo Current
Renewable Energy Corporation ASA Executive Vice President Finance and Administration Current
Olympic Games Chief of Staff Former
Norwegian School of Management MBA in Economics Former

Organization Position Status
Renewable Energy Corporation ASA CTO & Senior Vice President Current

Organization Position Status
Renewable Energy Corporation ASA Coo Current
Renewable Energy Corporation ASA Executive Vice President, Wafers Former
Norwegian School of Management Master of Science program Former

Organization Position Status
Renewable Energy Corporation ASA CFO & Senior Vice President Current
NYSE Group, Inc. Former
Glasgow University Master of Business Administration Former
Southampton University BSc (with honours) Former

Organization Position Status
Renewable Energy Corporation ASA Executive Vice President, Rec Silicon Current
Norwegian School of Management Master of Business and Economics (Information & Data Systems) Former

Organization Position Status
Renewable Energy Corporation ASA Executive Vice President, Cells, Modules & Systems Current

Organization Position Status
Renewable Energy Corporation ASA Executive Vice President, Silicon Current

Organization Position Status
Renewable Energy Corporation ASA Senior Vice President, Admin Current
Norwegian School of Economics and Business Administration Master of Science in Business Former

Organization Position Status
Renewable Energy Corporation ASA Senior Vice President, Org Dev & Corp Comm Current

Organization Position Status
Renewable Energy Corporation ASA Chair of Board Current

Organization Position Status
Renewable Energy Corporation ASA Board of Directors Current

Organization Position Status
Renewable Energy Corporation ASA Board of Directors Current

Organization Position Status
Renewable Energy Corporation ASA Board of Directors Current

Organization Position Status
Renewable Energy Corporation ASA Board of Directors Current

Organization Position Status
Renewable Energy Corporation ASA Vice Chairman Current
Renewable Energy Corporation ASA Board of Directors Former

Executive News

  • PRESS RELEASE: REC ASA - Minutes From Extraordinary General Meeting

    Morningstar.com - 6/05/09 - View Story

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     REC $5.48 -0.11 (-1.96% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 25,944
Shares Outstanding 250.00K
Market Cap 1.4M
Year High 16.5899
Year Low 4.94
Earnings Per Share N/A
P/E Ratio -
Dividend 0.40
Yield 7.25
IndustryTop Rated
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