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Statsforetak
or SF, meaning State Enterprise is a type of company in Norway. SFs are wholly owned by the Government of Norway, but it does not hold unlimited liability in the company. The government is free to convert any (limited company) that it owns, or any other assets, to an SF, without approval by other parties. The companies do have a board of directors and a managing director. The board must have at least three members; five if there is employee representation. The managing director can not sit on the board. All SFs must have an auditor. History The SF was created by the ''State Enterprise Act'' of August 30, 1991 (#71). Initially there were few SFs, but gradually there were created more, mainly by converting government agencies to SFs. During the 2000s the Conservative/Christian Democrat/Liberal government converted some of the SFs to limited companies, including Statkraft Statkraft AS is a hydropower Hydropower (from Ancient Greek -, "water"), also known as water power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Development Corporation Of Norway
The Industrial Development Corporation of Norway or SIVA () is a Norwegian state enterprise responsible for government investment in incubators, science parks, industrial parks and real estate through partial ownership of other companies. The ultimate goal is to stimulate economic growth, through strengthening Norway's capacity related to innovation and creativity. SIVA is based in Trondheim, where it employs almost 40 people.Jonas Skybakmoen (17 April 2013)Haugane går til toppjobb i staten Adresseavisen, retrieved 12 June 2013 Through its investments there are about 8,000 employees in total. Investments include 46 industry and business parks in Norway, one in Russia, one in Latvia and two in Lithuania. It also holds partial ownership of 15 science- and 10 research parks, 20 incubators, 45 business gardens, 12 venture capital institutions and 4 research and development companies. SIVA cooperates closely with the Research Council of Norway The Research Council (also the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bane NOR
Bane NOR SF is the Norwegian government agency responsible for owning, maintaining, operating and developing the Norwegian railway network, including the track, stations, and the majority of other infrastructure assets. It took over the operations of Jernbaneverket ''(railway administration)'' on 31 December 2016. Since its official launch on 2 January 2017, Bane NOR has pursued the modernisation and expansion of the rail network; various contracts and partnerships were issued between 2017 and 2020 covering technical cooperation, component supply, design services, civil engineering works, and replacement of obsolete infrastructure. Capacity expansion efforts include the doubling of sections of the Bergen-Fløen and Vestfoldbanen lines, while the comprehensive replacement of over a dozen different signalling systems with the European Rail Traffic Management System (ERTMS) has also commenced. During the early 2020s, Bane NOR has encountered considerable difficulty in the deliv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statskog
Statskog is a Norwegian state-owned enterprise responsible for the management of state-owned forest and mountain real estate totaling approximately 20% of the area of Norway. About 5% of Statskog's land is productive forest while 80% is above the tree line. The company has its headquarters in Namsos. In southern Norway the operations of productive forestry is conducted by Statskog-Borregaard Skogsdrift AS, a joint venture between Statskog and Borregaard. Across the country Statskog also manages hunting licences and allows for travel and tourism in nature. History Statskog was established in 1860 as Statens skovvæsen and was organized under the Ministry of the Interior. In 1957 it was separated from the Ministry of Agriculture under the name Direktoratet for statens skoger. It changed its name and underwent reorganisation in 1992–1993, and the head office was moved from Oslo to Namsos. While it presently owns a fifth of the land of Norway, until July 1, 2006, it owned a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statnett
Statnett is a Norwegian state-owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway. Statnett also owns 30% of the Nord Pool Spot along with other Nordic transmission system operators. Network Statnett is the transmission system operator in Norway, operating of high power lines. There are plans to upgrade the western grid from 300 to 420 kV at a cost of 8 billion NOK, partly to accommodate cables to Germany and England. The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local municipalities who own the regional and local net, the government through Statnett owns the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity across long distances. There are a number of international power cables from Norway to abroad, including lines to Sweden (3,600 MW), F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statkraft
Statkraft AS is a hydropower Hydropower (from Ancient Greek -, "water"), also known as water power or water energy, is the use of falling or fast-running water to Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, ... company, fully owned by the Norwegian state. The Statkraft Group is Europe's largest generator of renewable energy, as well as Norway’s largest and the Nordic region's third largest energy producer. Statkraft develops and generates hydropower, wind power, gas power, district heating and solar power. It is also a player in the international energy markets. The company has 7,000 employees in over 20 countries with their headquarters located in Oslo, Oslo, Norway. History The Norwegian state acquired its first ownership rights to a waterfall when they bought Paulenfossen in Southern Norway in 1895. In 1921, the Norwegian Water Resources and Energy Directorate (NVE) was created to operate the nation's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enova SF
Enova SF is a Norwegian government enterprise responsible for promotion of environmentally friendly production and consumption of energy. Its stated purpose is to explore new sources of clean energy, reduce overall energy consumption, and to provide educational materials to the public promoting energy-efficient practices. Established in 2001, it is financed through government funding in addition to a tariff of 1 øre per kWh of electricity to consumers. The company is owned by the Norwegian Ministry of Petroleum and Energy and based in Trondheim Trondheim ( , , ; ), historically Kaupangen, Nidaros, and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2022, it had a population of 212,660. Trondheim is the third most populous municipality in Norway, and is .... References External linksOfficial website Government-owned companies of Norway Companies based in Trondheim Companies established in 2001 Ministry of Petroleum and Energy Go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gassnova
Gassnova SF is the Norwegian state enterprise for carbon capture and storage Carbon capture and storage (CCS) is a process by which carbon dioxide (CO2) from industrial installations is separated before it is released into the atmosphere, then transported to a long-term storage location.IPCC, 2021Annex VII: Glossary at .... Gassnova facilitates the development of technology and solutions to ensure cost-efficient and progressive solutions for capturing and storing . State enterprise Gassnova was established by the Norwegian authorities in 2005{{Cite web , title=Developing Longship - Key lessons learned , url=https://ccsnorway.com/publication/developing-longship-key-lessons-learned/ , access-date=2024-11-14 , website=Fullskala , language=en to further the development of technologies and knowledge related to carbon capture and storage (CCS) and, in addition to this, serve as the government's adviser on this issue. Gassnova is tasked with administrating the research and financin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Cabinet Bondevik
Bondevik's Second Cabinet governed Norway between 19 October 2001 and 17 October 2005. It was led by Kjell Magne Bondevik and consisted of the Conservative Party, the Christian Democratic Party and the Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. For example, while the political systems .... It had the following composition: Cabinet members State Secretaries ReferencesKjell Magne Bondeviks andre regjering 2001–2005– Regjeringen.no {{Liberal Party (Norway) Bondevik 2 Bondevik 2 Bondevik 2 Bondevik 2 2001 establishments in Norway 2005 disestablishments in Norway Cabinets established in 2001 Cabinets disestablished in 2005 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auditor
An auditor is a person or a firm appointed by a company to execute an audit.Practical Auditing, Kul Narsingh Shrestha, 2012, Nabin Prakashan, Nepal To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority. Types of auditors * External auditor/ Statutory auditor is an independent firm engaged by the client subject to the audit, to express an opinion on whether the company's financial statements are free of material misstatements, whether due to fraud or error. For publicly traded companies, external auditors may also be required to express an opinion over the effectiveness of internal controls over financial reporting. External auditors may also be engaged to perform other agreed-upon procedures, related or unrelated to financial statements. Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Managing Director
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
