Type Cooperative Area served Norway
Global Net income 948 mill. Headquarters Oslo, Norway Revenue 20.4 billion NOK (2013) | Industry Dairy Key people Hanne Refsholt (CEO) CEO Hanne Refsholt (2005–) Founded 1928 | |
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Products Tinemelk milk
Jarlsberg cheese
Snøfrisk
Diplom-Is Subsidiaries Fjordland, Diplom-Is, Ilchester Cheese Company Profiles | ||
TINE SA ([ˈtiːnə]) is the largest Norwegian dairy product cooperative consisting of around 15,000 farmers and 5,600 employees. As of 2013, it has a revenue of 20.4 billion Norwegian kroner (NOK).($3.41bn, £2.04bn, €2.50bn) The parent company, TINE SA, is a cooperative society owned by its suppliers, the milk producers who deliver milk to the company. The corporation domestically offers the entire spectrum of dairy products, and in many dairy categories Tine faces little or no domestic competition. This monopolistic position has led to criticism of Tine when shortages occur. Tine's internationally known products are Jarlsberg cheese, Snøfrisk goat cheese, Ridder cheese, and Ski-Queen (geitost). Tine is the most dominant of the thirteen agricultural cooperatives in Norway.
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History
Dairy cooperatives in Norway go back to 1856, with the first nationwide dairy co-op Den Norske Meieriforening (the Norwegian Dairy Association) being founded in 1881. The company dates back to 1928 when "Norske Meieriers Eksportlag" (Norwegian Dairies' Export Company) was started. It changed its name to "Norske Meieriers Salgssentral" (Norwegian Dairies' Sales) in 1942 and to "Norske Meierier" (Norwegian Dairies) in 1984. The Tine name has been used as an easily identifiable brand name since 1992 for the company's dairy products. In 2008, Tine was ranked the world's #1 cooperative by size by the International Cooperative Alliance.
The "tine" is a traditional Norwegian wooden container, not unlike the Shaker-style pantry box, which could be used to keep butter and cheese fresh.
Subsidiaries
Subsidiaries which are partly or fully owned by Tine: