Mo Industripark

What Mo Industripark does

Mo Industripark AS is a Norwegian private industrial park operator headquartered in Mo i Rana, Nordland county, owned by a consortium of regional industrial companies including Helgeland Invest AS, Rana Gruber AS, and Øijord & Aanes AS. The company was established in 1999 as a successor entity to Norsk Jernverk (founded 1955) and operates one of Norway's largest industrial parks, hosting approximately 110 tenant companies across process and mineral industries, workshop and fabrication, engineering services, logistics, aquaculture, and emerging data center operations.

The park's core offering is shared infrastructure and utilities: approximately 110,000 m² of commercial buildings and 2,600 decares of land, high-voltage power distribution via subsidiary Svabo Industrinett, district heating via subsidiary Mo Fjernvarme AS (serving ~200 residential, commercial, and industrial customers), energy and environmental services via MIP Miljøkraft, and port/logistics via subsidiary Rana Industriterminal AS. The central technical and commercial differentiator is industrial symbiosis — Ferroglobe's CO gas byproduct feeds 7 Steel's electric arc furnace, Elkem's waste heat feeds district heating, and other byproduct exchanges reduce tenant emissions and costs. This combination with 100% renewable hydroelectric power yields verified environmental advantages (e.g., 7 Steel's 183 kg CO₂-eq/tonne vs. ~690 kg European average for steel).

The business model is asset-heavy and recurring: rental income from industrial property (MIP Eiendom manages the building and land portfolio), long-term utility contracts (power, district heating, fiber), security and safety subscriptions (MIP Sikkerhet & Service, 15+ permanent staff), and transaction-based port logistics fees. Go-to-market is direct B2B sales to industrial tenants seeking to establish or expand operations. The company has no public revenue disclosure but reported a turnaround from a -13M NOK pre-tax loss (2023) to +43M NOK pre-tax profit (2025), and is currently investing in deep-water quay infrastructure, Røssvoll airport area expansion (with Statskog SF), and exploring data center tenants (T1 Energy / Giga Arctic, 50 MW allocated).

Name

Mo Industripark

Legal name

Mo Industripark AS

Website

https://mip.no

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Industrial Park Services

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), General Warehousing and Storage (493110), Utilities (221), Electric Power Generation, Transmission and Distribution (2211)

SIC

Services-To Dwellings & Other Buildings (7340), Public Warehousing & Storage (4220), Terminal Maintenance Facilities For Motor Freight Transport (4231)

akta.pro primary industry

Industrial Park Owners Association Management (BPAJAHAH)

akta.pro secondary industry

Regional Hub / National Hub Distribution Centers (Multi-node Network Hubs) (TLALAEAN)

Keywords

• Industrial property leasing
• Utility infrastructure services
• District heating supply
• Port terminal operations
• Industrial park management

Headquarters

HQ city

Mo I Rana

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Property Rental: MIP AS generates revenue primarily from leasing industrial buildings, plots, offices, and facilities to approximately 110 companies operating within Mo Industripark. The company manages ~110,000 m2 of buildings and 2,600 decares of land.
2. Energy and Utility Services: Revenue from sale of electricity, district heating, water supply, and network services through subsidiaries Svabo Industrinett and Mo Fjernvarme.
3. Security and Safety Services: MIP Sikkerhet & Service provides 24/7 industrial safety, access control, emergency response, and training/course services to companies in the park.
4. Logistics Services (Rana Industriterminal): Rana Industriterminal AS provides port operations, loading/unloading, and logistics services, handling large volumes of raw materials and finished goods.
5. Post and Telecom Services: MIP Service and IT provides postal, courier, and telecommunications services to park tenants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Mo Industripark AS operates one of Norway's largest industrial parks, leasing approximately 110,000 m² of buildings and 2,600 decares of land to around 110 industrial companies. Through subsidiaries (Svabo Industrinett, MIP Miljøkraft, Mo Fjernvarme, Rana Industriterminal) and internal divisions, it provides power distribution, district heating, environmental energy, fiber/IT, security, and port logistics services to industrial tenants.

Product overview

Mo Industripark operates as a unified industrial park platform offering comprehensive infrastructure and services to manufacturing and industrial companies in northern Norway. The portfolio consists of the core industrial park (Mo Industripark) providing foundational infrastructure, utilities, and business services, supported by four key subsidiaries: Svabo Industrinett (power/network infrastructure), MIP Miljøkraft (environmental energy), Mo Fjernvarme (district heating), and Rana Industriterminal (logistics/terminal services). Additional service divisions cover property management, energy & IT, and security & emergency services. The park hosts approximately 110 companies across sectors including process/mineral industry, workshop industry, engineering services, laboratory/quality assurance, logistics, aquaculture, and data centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Property Leasing (Eiendom) Lease of approximately 110,000 m² of buildings and 2,600 decares of industrial land, roads, parking, depots, and quay facilities to industrial companies operating in the park. Includes property maintenance and development.
• Svabo Industrinett (Power and Network Infrastructure) Subsidiary providing industrial network infrastructure including high-voltage power distribution, fiber networks, and grid services to companies within Mo Industripark. Currently installing 3.5+ km of new high-voltage cable to support the new deep-water quay.
• Mo Fjernvarme AS (District Heating) District heating subsidiary delivering waste heat and renewable heat energy to approximately 200 customers, including housing cooperatives, commercial buildings, hospitals, care homes, and industrial customers in Mo i Rana. Sources include a 15-year energy recovery agreement with Elkem Rana.
• MIP Miljøkraft (Environmental Energy) Subsidiary providing environmental energy solutions and sustainable power services to companies within the industrial park.
• Rana Industriterminal AS (Port and Logistics Terminal) Industrial terminal providing logistics, cargo handling, crane services, loading/unloading, and maritime logistics for tenant companies. Currently undergoing deep-water quay construction and kaia repairs (35 million NOK project).
• MIP Sikkerhet & Service (Security and Safety) 24/7 industrial safety, access control, emergency response, fire brigade, and training/course services to companies in the park. Operates a security center staffed around the clock.
• Energy and IT Services Energy supply and IT infrastructure services for industrial park tenants including power distribution and digital connectivity (high-capacity fiber ring).
• Industrial Park Membership and Industrial Symbiosis Access Co-location in Mo Industripark with access to the Industrial Symbiosis Network, enabling companies to share byproducts (e.g., CO gas from Ferroglobe used by 7 Steel) and surplus energy (e.g., Elkem heat for district heating), reducing emissions and costs.

Quantifiable outcome

• 7 Steel Nordic Manufacturing produces reinforcement steel with 183 kg CO₂-eq/tonne, ~70% below European average of ~690 kg CO₂-eq/tonne
• +3 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered major, growth, core and community.

• T1 Energy (Giga Arctic)majorStrategic or Co-development Partner · 1 March 2026T1 Energy was allocated 50 MW of network capacity by Statnett, enabling development of Giga Arctic data center in Mo Industripark. The allocation allows repurposing of existing industrial buildings for data center use. This is a major new development opportunity for the park.
• Industrial AM ASgrowthTechnology or Integration · 1 January 2026Industrial AM in Mo Industripark became DNV-certified for metal 3D printing, marking an important step for the company and for the industry looking toward more efficient and sustainable production methods.
• SMA Mineral ASmajorStrategic or Co-development Partner · 1 December 2025SMA Mineral AS received Enova funding for a groundbreaking climate project at Mo Industripark. SMA produces lime and dolomite products using energy-efficient processes.
• Ferroglobe Mangan Norge (Bioglobe project)majorStrategic or Co-development Partner · 1 December 2025Ferroglobe Mangan Norge received 67 million NOK from Enova to test biogenic carbon as a replacement for fossil coke in the Bioglobe project, developed in close collaboration with SINTEF Helgeland. This could yield major emission reductions while strengthening competitiveness in global markets with rising climate requirements.
• Hærøya Industripark, Frier Vest, Treklyngen, Raufoss Industripark, Haugaland NæringsparkcoreStrategic or Co-development Partner · 1 June 2024Six Norwegian industrial parks formed a new national collaboration to advocate for policy improvements, better regulatory frameworks, reduced permitting times, and improved competitive conditions for Norwegian industry. Led by Mo Industripark CEO Bjørn Ugedal, the partnership presented during Industriuka 2024.
• Mo i Rana Havn KF / Mo i Rana Dypvannskai AScoreStrategic or Co-development Partner · 1 June 2024Mo Industripark AS signed an agreement with Mo i Rana Dypvannskai AS for water and fiber supply to the new deep-water quay. Svabo Industrinett separately signed an agreement for power supply to the area. Target completion was September 1 for infrastructure works.
• Statskog SFmajorStrategic or Co-development Partner · 1 January 2024Mo Industripark AS entered a strategic collaboration with Statskog SF to develop the airport area at Røssvoll into a new attractive industrial zone. As the airport at Røssvoll phases out ahead of new Fagerlia airport opening in 2027, significant opportunities for industrial growth emerge.
• Ferroglobe Mangan NorgecoreStrategic or Co-development PartnerFerroglobe Mangan Norge supplies CO gas (a byproduct of its silicon and ferrosilicon production) to 7 Steel Nordic Manufacturing, which uses it as an energy source in its steel production. This industrial symbiosis is central to 7 Steel's 70% lower carbon footprint vs European average.
• SINTEF HelgelandcoreTechnology or IntegrationSINTEF Helgeland, celebrating its 10th anniversary in 2016-2026, works closely with the industry in the Mo i Rana region developing new knowledge, technology, and solutions. Key partner in the Bioglobe project with Ferroglobe (Enova-supported) and industrial symbiosis research.
• Elkem RanacoreStrategic or Co-development PartnerElkem Rana and Mo Fjernvarme AS have a 15-year cooperation agreement for energy recovery in Mo i Rana. The agreement secures Mo Fjernvarme's access to surplus energy and gives Elkem Rana stable cooling of flue gases from their smelting furnaces. Additionally, Elkem and Ferroglobe launched a carbon capture collaboration project supported by ~17 million NOK from Enova.
• Øijord & Aanes AScoreImplementation/ SI/ Consulting PartnerØijord & Aanes AS is the contractor for the deep-water quay high-voltage cable project, working on installing 3.5+ km of new high-voltage cable from Svabo Industrinett to the quay. Anleggsservice AS is a subcontractor.
• Rana Fotballklubb (FK)communityGTM or Marketing PartnerMo Industripark AS entered a 5-year main partner agreement with Rana FK football club, providing financial stability and predictability for the club's continued positive development. Also main partner for Rana FK's women's football initiative.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Treklyngen Industripark: Norwegian process-industry industrial park (Kragerø/Bamble) hosting chemical, refining and manufacturing tenants on shared infrastructure. Explicit coalition partner of Mo Industripark, with directly comparable Norwegian heavy-industry site-management business model.
• Kalundborg Symbiosis: Denmark's flagship industrial symbiosis cluster where tenants exchange waste, steam and byproducts across an integrated site network. Closest international analogue to Mo Industripark's CO-gas/heat-recovery model and an established reference case for the park's symbiosis-based low-carbon claim.
• Frier Vest: Norwegian industrial park and port complex in Porsgrunn/Bamble providing shared utilities, deep-water access and process-industry infrastructure. Listed as a coalition partner with Mo Industripark under the same national collaboration, serving very similar process/manufacturing tenants.
• Herøya Industripark: Major Norwegian industrial park in Porsgrunn hosting chemical, fertilizer and process-industry tenants on a co-located infrastructure platform. Listed by Mo Industripark itself as a founding partner in the six-park national coalition, with directly comparable shared-utilities, property and symbiosis-style value proposition.
• Raufoss Industripark: Norwegian industrial park cluster (Innlandet) hosting automotive, defence and materials manufacturing tenants. Named coalition partner of Mo Industripark, providing a directly comparable multi-tenant industrial-park ownership and shared-services business model in Norway.
• Haugaland Næringspark: Industrial park operator on Haugesund/Karmsund serving process, offshore and logistics tenants. Named member of the same six-park coalition, offering a directly comparable Norwegian co-location and shared-infrastructure operator.

Emerging players

• Greenstat: Norwegian energy and e-mobility developer active in hydrogen, solar and industrial park electrification. Increasingly overlapping with Mo Industripark on renewable-power sourcing, fiber connectivity and data-center development opportunities in Norway.
• Teesside Industrial Cluster: UK industrial cluster (Teesworks/Teesside) pursuing shared infrastructure, hydrogen and CCS hubs for heavy-industry tenants. Comparable in ambition — shared decarbonization infrastructure for energy-intensive tenants — though earlier-stage and with a different tenant mix than Mo Industripark.

Broad incumbents

• Lyse Energi: Large Norwegian energy group (Stavanger region) operating grid, fiber and district heating assets overlapping with industrial-tenant utility demand. Comparable on the utility-network, fiber and district-heating asset classes that MIP runs through Svabo Industrinett and Mo Fjernvarme, but at larger scale and not focused on industrial-park management.

Regional players

• Stenungsund Petrochemical Cluster: Sweden's largest petrochemical cluster on Sweden's west coast, sharing utilities and feedstock linkages between process-industry tenants. Comparable in shared-infrastructure symbiosis approach but in a different Nordic country and with a chemistry/oil rather than metals/minerals tenant base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/moindustripark
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• Instagraminstagram.com/moindustripark

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mo Industripark