Norwegian Iron Work (A/S Norsk Jernverk), established in 1946, produced steel for the country until 1988, when it was divided into several new companies. The iron mill had a significant impact on the town development. In 1978, the city's population had grown from approximately 2000 to 25,000. Mo Industrial Park is one of Norway's largest industrial parks. It is important for the local society, giving work to approximately 1900 people. The iron and steel factory Jernverket consumes more power than the entire Oslo municipality.The National Library of Norway has a division in Mo i Rana. Helgelands Kraft supplies electric power to the Helgeland region. NRK (Norwegian Broadcasting Corporation) has a division in Mo i Rana. Rana Blad is the town's local newspaper. Radio 3 Rana is the local radio station
