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Lillehammer Olympiapark
Lillehammer Olympiapark AS, trading as Olympiaparken, is a company established following the 1994 Winter Olympics to operate the Olympic venues in Lillehammer, Norway. Owned by Lillehammer Municipality, it operates five sports venues: Birkebeineren Ski Stadium, Håkons Hall, Lillehammer Olympic Bobsleigh and Luge Track, Kanthaugen Freestyle Arena and the ski jumping hill of Lysgårdsbakken. In addition to serving sports events, the company provides tourist and group activities at the venues as well as catering to larger events. In the Lillehammer bid for the 1994 Winter Olympics, the agreement between Lillehammer Municipality and the state specified that the municipality was responsible for financing all necessary sports venues. However, after the games were awarded the responsibility was taken over by Lillehammer Olympic Organizing Committee (LOOC) and the town's five venues were ultimately funded through state grants. To allow for post-Olympic use, a fund was created by t ...
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Lillehammer Olympiapark Logo
Lillehammer () is a municipality in Innlandet county, Norway. It is located in the traditional district of Gudbrandsdal. The administrative centre of the municipality is the town of Lillehammer. Some of the more notable villages in the municipality include Fåberg, Hunderfossen, Jørstadmoen, Vingnes, and Vingrom. The municipality is the 211th largest by area out of the 356 municipalities in Norway. Lillehammer is the 38th most populous municipality in Norway with a population of 28,425. The municipality's population density is and its population has increased by 6.2% over the previous 10-year period. The town of Lillehammer is the largest urban centre in the municipality. It lies in the central part of the municipality and it is surrounded by more rural areas. The town centre is a late nineteenth-century concentration of wooden houses, which enjoys a picturesque location overlooking the northern part of lake Mjøsa and the river Lågen, surrounded by mountains. Lilleha ...
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Yield (finance)
In finance, the yield on a security is a measure of the ex-ante return to a holder of the security. It is one component of return on an investment, the other component being the change in the market price of the security. It is a measure applied to fixed income securities, common stocks, preferred stocks, convertible stocks and bonds, annuities and real estate investments. There are various types of yield, and the method of calculation depends on the particular type of yield and the type of security. Because of these differences, yield comparisons between different types of financial products should be treated with caution. Fixed income securities The coupon rate (or nominal rate) on a fixed income security is the interest that the issuer agrees to pay to the security holder each year, expressed as a percentage of the security's principal amount (par value). The current yield is the ratio of the annual interest (coupon) payment and the bond's market price. The yield to ma ...
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Kjell Borgen
Kjell Borgen (21 October 1939 – 22 August 1996) was a Norwegian politician for the Labour Party. He served as Minister of Transport and Communications from 1986 to 1988, Minister of Local Government from 1988 to 1989 and again from 1990 to 1992. He served as County Governor of Hedmark from 1993 until his death. Early life and career He was born in Oslo as a son of a worker and a housewife. He attended the teacher's college at Elverum from 1960 to 1962. He worked as a secondary school teacher in Rendalen from 1962 to 1966, and also minored in Norwegian at the University of Oslo in 1964. From 1967 to 1972 he worked as headmaster at a combined primary-secondary school, and from 1972 he had a municipal administrative job. Borgen chaired his regional branch of the Workers' Youth League from 1957 to 1959. He chaired his local Labour Party chapter from 1964 to 1967, and the county chapter from 1976 to 1980. He was a member of the Labour Party central committee from 1985 to 1993. L ...
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Ministry Of Local Government And Regional Development (Norway)
The Royal Norwegian Ministry of Local Government and Regional Development ( no, Kommunal- og regionaldepartementet) is a Norwegian ministry established in 1948. It is responsible for the housing and building, regional and rural policy, municipal and county administration and finances, and the conduct of elections. It is headed by the Minister of Local Government and Regional Development. Organization The ministry has 190 employees and is divided into five departments: * The Department of Local Government * The Department of Regional Development * The Housing and Building Department Political staff * Minister Magnhild Meltveit Kleppa ( Centre Party) * State Secretary Janne Sjelmo Nordås (Centre Party) * State Secretary Dag-Henrik Sandbakken (Centre Party) * Political Adviser Lars Erik Bartnes (Centre Party) Subsidiaries * Norwegian State Housing Bank, or ''Husbanken'', issues loans for housing. * National Office of Building Technology and Administration, or ''Statens bygningstek ...
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Dagens Næringsliv
''Dagens Næringsliv'' (Norwegian for "Today's Business"), commonly known as ''DN'', is a Norwegian newspaper specializing in business news. , it is the third-largest newspaper in Norway. Editor-in-chief is Janne Johannessen, who was appointed in december 2021, as the first female in this position. ''Dagens Næringsliv'' is owned by media conglomerate Norges Handels og Sjøfartstidende (NHST Media Group), which also owns DN Nye Medier, DN.no ''Tradewinds'', ''Upstream'', '' DagensIT'', '' Smartcom'', Nautisk Forlag, ''Intrafish'', '' Fiskaren'', '' Europower'' and ''Recharge''. The paper has correspondents in New York, Brussels, Stockholm, Phuket, Kristiansand, Stavanger, Bergen, Trondheim and Tromsø. Its main editorial offices are in Oslo. History and profile The paper was founded by Magnus Andersen in 1889. Originally named ''Norges Handels og Sjøfartstidende'' (''Norway's Trade and Seafaring Times''), it was renamed ''Dagens Næringsliv'' in 1987. The paper has a neolibe ...
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Gerhard Heiberg
Jens Gerhard Heiberg (born 20 April 1939, in Oslo) is a Norwegian industrialist who was head of the Lillehammer Olympic Organizing Committee (LOOC) and member of the International Olympic Committee. Education Heiberg received a graduate degree in economics at the School of Economics in Copenhagen in 1963 and one in Human Relations in Business & Industry at the California State University in 1964. Career Heiberg began his career in 1965–1966 as a market analyst at Norsk Hydro. He then became vice president in 1973 and President in 1987. After his work at Norsk Hydro, he held various management positions at Borregaard from 1966 to 1972. In 1972, he was also deputy CEO of Norcem until 1973. He was then CEO of Norcem from 1973 to 1987 and of the merged Aker Norcem from 1987 to 1989. Heiberg became a member of the International Olympic Committee in 1994 and was board member of it from 2003 to 2017. He has been an honorary member since 2017. In 1994, he was the President of the Lil ...
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Ringebu
is a municipality in Innlandet county, Norway. It is located in the traditional district of Gudbrandsdal. The administrative centre of the municipality is the village of VÃ¥lebru (the village is also known as ''Ringebu''). The municipality is the 85th largest by area out of the 356 municipalities in Norway. Ringebu is the 195th most populous municipality in Norway with a population of 4,385. The municipality's population density is and its population has decreased by 3.9% over the previous 10-year period. General information The prestegjeld of Ringebu was established as a municipality on 1 January 1838 (see formannskapsdistrikt law). In 1864, the northern part of Ringebu (population: 386) was separated to become the new municipality of Sollia. (In 1890, Sollia switched from Oppland county to Hedmark county.) On 1 January 1899, an unpopulated part of Ringebu (in Oppland county) was transferred to the neighboring municipality of Sollia (in Hedmark county). Name The municipali ...
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Øyer
Øyer is a municipality in Innlandet county, Norway. It is located in the traditional district of Gudbrandsdal. The administrative centre of the municipality is the village of Tingberg. The two largest villages in the municipality are Granrudmoen and Tretten. The municipality is the 182nd largest by area out of the 356 municipalities in Norway. Øyer is the 181st most populous municipality in Norway with a population of 5,082. The municipality's population density is and its population has decreased by 0.3% over the previous 10-year period. General information The parish of ''Øier'' (later spelled ''Øyer'') was established as a municipality on 1 January 1838 (see formannskapsdistrikt law). On 1 January 1867, a small area of Øier (population: 40) was transferred to the neighboring municipality of Gausdal. The borders of Øyer have not changed since that time. Name The municipality (and parish) were named after the old ''Øier'' farm ( non, Øyja / accusative case and d ...
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Gjøvik
is a municipality in Innlandet county, Norway. It is located in the traditional district of Toten. The administrative centre of the municipality is town of Gjøvik. Some of the villages in Gjøvik include Biri, Bybrua, and Hunndalen. The municipality is the 169th largest by area out of the 356 municipalities in Norway. Gjøvik is the 35th most populous municipality in Norway with a population of 30,267. The municipality's population density is and its population has increased by 3.6% over the previous 10-year period. General information Historically, the village of Gjøvik was part of the parish and municipality of Vardal. On 1 January 1861, the village was granted kjøpstad (town) status. At that time, the village was separated from Vardal to form a separate municipality given its new status as a town. Initially, the new town and municipality of Gjøvik had 626 residents. On 1 July 1921, a part of Vardal municipality located just outside the town of Gjøvik (population: ...
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Concern (business)
A concern (german: Konzern) is a type of business group common in Europe, particularly in Germany. It results from the merger of several legally independent companies into a single economic entity under unified management. A concern consists of a controlling enterprise and one or more controlled enterprises.Stock Corporation Act 1965 (Germany), section 17 The relationship between the controlling and controlled enterprises is based on the actual commercial and management relationships, unlike parent and subsidiary companies which are related by share ownership and voting rights.Stock Corporation Act 1965 (Germany), section 16 Outside of professionals, the term ''Group'', also mistakenly ''within the meaning of large companies'' – regardless of its corporate structure – is understood. The Group concept is one of antitrust relevance: the so-called Group privilege, the privilege of the consolidated Group companies involved, means that in itself, prohibition included practices do ...
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Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). Commonly, the share capital is the total of the nominal share capital and the premium share capital. Most jurisdictions do not allow a company to issue shares below par value, but if permitted they are said to be issued at a discount or part- ...
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Norwegian News Agency
The Norwegian News Agency ( no, Norsk Telegrambyrå; abbreviated NTB) is a Norwegian press agency and wire service that serves most of the largest Norwegian media outlets. The agency is located in Oslo and has bureaus in Brussels in Belgium and Tromsø in northern Norway. NTB operates 24 hours a day, with the night service handled from a bureau in Sydney, Australia since 2015. The photo agency Scanpix is a wholly owned subsidiary of NTB. History and profile NTB was founded in 1867. It is closely held by large media corporations, including Edda Media (26.1%), Schibsted (20.6%), A-Pressen (20.5%), the Norwegian Broadcasting Corporation (10.5%), Adresseavisen ''Adresseavisen'' (; commonly known as ''Adressa'') is a regional newspaper published daily, except Sundays, in Trondheim, Norway. The paper has been in circulation since 1767 and is one of the oldest newspapers after Norske Intelligenz-Seddele ... (7.8%), a few smaller newspapers, TV 2 and P4. 0.5% is owned by the agenc ...
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