Norge; Vestlandet;
Location of affected unit(s)
Bergen, Sola
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.92 - Manufacture of machinery for mining, quarrying and construction

101 jobs
Number of planned job losses
Job loss
Announcement Date
25 October 2016
Employment effect (start)
25 October 2016
Foreseen end date
31 December 2016


Fluid Control, which employs 101 people and delivers products, modules and services for fluid control systems to the petroleum industry, has filed for bankruptcy. The current 101 employees are located in its headquarters in Bergen and in its offices in Sola. The bankruptcy was filed on 25 October after a decision taken by the board of the company the same day. Fluid Control had NOK 257 million (around € 28.3 million) revenues in 2015, down from NOK 314 million (€ 34.6 million) in 2014. The year 2015 ended with a net loss of NOK 26,3 million (€ 2.9 million). The company's total debt is estimated to NOK 60 million (€ 6.6 million) and its total assets are valued at a maximum of NOK 60 million (€ 6.6 million). The Bergen District Court states that the company is thus unable to meet its obligations, and that its payment problems are not of a temporary nature.


  • 25 October 2016: Dagens Næringsliv
  • 25 October 2016: Sysla


Eurofound (2016), Fluid Control, Bankruptcy in Norway, factsheet number 88986, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88986.