
Norway's Smartest Industrial Company: 35 years of innovation
Becoming Norway's Smartest Industrial Company required no shortcuts, only 35 years of continuous innovation and development.
From Hydro spin-off to global innovator
Hycast's journey to becoming Norway's smartest industrial company is a testament to the power of sustained innovation. Founded 35 years ago as a small spin-off from Hydro R&D, Hycast was tasked with transforming research and development into tangible technologies.
Starting with a modest team of 4-5 people in 1990, Hycast experienced steady growth. While initially serving as an internal supplier to Hydro, the company maintained a high level of innovation and research, closely aligned with Hydro's projects.
A significant turning point occurred in 2010 when Hycast was given the green light to sell its technology globally, expanding beyond its role as an internal supplier. “In 2010, we had to start from scratch to build Hycast’s brand in the market,” says Ola Furu, Head of Sales and Marketing. “While we benefited from leveraging Hydro’s reputation initially, we've worked hard to establish Hycast as a distinct brand. Today, people know Hycast and recognize us as part of the Hydro family, but we have our own identity.”

Long-term commitment to R&D
Furu describes the period from 2010 onwards as a “dynamic journey” that has led to phenomenal growth. However, he emphasizes that the company's recognition as Norway's smartest industrial company in 2024 is rooted in decades of research and development.
Hycast's owner, Hydro, has been collaborating with institutions like the Institute for Energy Technology since the 1970s, developing mathematical models for the type of casting Hycast specializes in. “Hydro's strategy has been anchored in decades of development and research, rather than solely focused on short-term profits,” says Arild Håkonsen, Head of Technology and Sustainabilityt. “This continuity in the organization, culture, and ownership has been instrumental in Hycast's development."
Record-breaking year in 2024
Today, Hycast boasts a world-class product portfolio and enjoys strong market recognition. The company continues to invest in research and development to maintain its leading position.
Hycast concluded 2024 with record-breaking results, further solidifying its position as a global leader in its field.
General inquiries
Hycast AS
Industriveien 49
6600 Sunndalsøra, Norway