Orkla is a conglomerate with most of its revenue steaming from branded consumer goods (41% of revenue) and Sapa, Aluminium solutions (48% of revenue). In addition to these divisions, Orkla includes some smaller divisions: Materials (Borregaard) and ownership in Renewable Energy Corporation (40%) and Jotun (42%). Some 83% of Orkla Brands’ revenues come from the Nordic and Baltic region, where Russia (6%) is the largest emerging region. Aluminium Solutions comprise three divisions (Profiles, Building Systems & Heat Transfer) under the Sapa name. Sapa’s main customers are in the building, transport, automotive, engineering, telecom and renewable energy industries. Demand for Sapa products declined during the financial crisis which initiated a larger restructuring of the cost base in order to obtain lower breakeven levels. In 2010 the demand improved significantly. Sapa will focus on strengthening its footprint in Asia in order to obtain growth. In 2011 Orkla sold Elkem (a solar energy subsidiary) and thereby freed up capital for future investments in other divisions (Brands and Sapa).