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Grong Sparebank
Grong Sparebank is a Norwegian savings bank based in Grong Municipality. The bank is affiliated with the Eika Gruppen alliance and has branch offices in Grong, Namsos, Steinkjer and Mosjøen. Total assets are . History The sparebank was founded on April 7, 1862, to serve the prestegjeld of Grong which included Grong, Harran, Høylandet, and Røyrvik. By 1905, both Høylandet Municipality and Harran Municipality wanted to have separate banks, and the bank was split into three branches. In 1955, the bank created a separate branch in Røyrvik and Bergsmo, the later being closed in 1997. The year 1975 saw the merger between Grong Sparebank and Lierne Sparebank, though until 2000 there was a separate board of directors for the Lierne branch. In the 2000s, the bank expanded with a branch in Steinkjer and in 2006 it merged with the smallest bank in Norway, Verran Sparebank in Framverran Framverran is a village in Inderøy Municipality in Trøndelag county, Norway. It is located ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Cooperative
A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomy, autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled wikt:Enterprise, enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. They differ from Collective farming, collectives in that they are generally built from the bottom-up, rather than the top-down. Cooperatives may include: * Worker cooperatives: businesses owned and managed by the people who work there * Consumer cooperatives: businesses owned and managed by the people who consume goods and/or services provided by the cooperative * Producer cooperatives: businesses where producers pool their output for their common benefit ** e.g. Agricultural cooperatives * Purchasing cooperatives where members pool their purchasing power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Høylandet Municipality
Høylandet is a municipality in Trøndelag county, Norway. It is part of the Namdalen region. The administrative centre of the municipality is the village of Høylandet. Other villages include Kongsmoen and Vassbotna. The municipality is the 150th largest by area out of the 357 municipalities in Norway. Høylandet is the 319th most populous municipality in Norway with a population of 1,222. The municipality's population density is and its population has decreased by 2.8% over the previous 10-year period. General information The municipality of Høylandet was established on 1 January 1901 when it was separated from the large Grong Municipality. Initially, the population of Høylandet Municipality was 1,046. During the 1960s, there were many municipal mergers across Norway due to the work of the Schei Committee. On 1 January 1964, the Kongsmoen area (population: 221) of eastern Foldereid Municipality was merged into Høylandet Municipality. On that same date the ''Galguft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Banks Established In 1862
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of Credit (finance), credit and le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Companies Based In Trøndelag
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, 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 which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Banks Of Norway
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Framverran
Framverran is a village in Inderøy Municipality in Trøndelag county, Norway. It is located about from the village of Mosvik, about northwest of the village of Venneshamn, and about northeast of Trongsundet. The village sits along the Beitstadfjorden, southeast of the mouth of the Verrasundet and northwest of the mouth of the Skarnsundet strait. The Vestvik Church is the located in Framverran. From 1993 to 2010, Framverran School had been educating all of the 1st to 4th-grade pupils of the Mosvik area. History Historically, Framverran was part of Ytterøy Municipality before 1867, then it was part of Mosvik og Verran Municipality from 1867 until 1901, it was then part of Verran Municipality from 1901 to 1967. It was part of Mosvik Municipality from 1968 to 2012, and since 2012, it has been a part of Inderøy Municipality. Notable people *Petter Northug Petter Northug Jr. (born 6 January 1986) is a Norwegian former cross-country skier and double Olympic champion. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Verran Sparebank
Grong Sparebank is a Norwegian savings bank based in Grong Municipality. The bank is affiliated with the Eika Gruppen alliance and has branch offices in Grong, Namsos, Steinkjer and Mosjøen. Total assets are . History The sparebank was founded on April 7, 1862, to serve the prestegjeld of Grong which included Grong, Harran, Høylandet, and Røyrvik. By 1905, both Høylandet Municipality and Harran Municipality wanted to have separate banks, and the bank was split into three branches. In 1955, the bank created a separate branch in Røyrvik and Bergsmo, the later being closed in 1997. The year 1975 saw the merger between Grong Sparebank and Lierne Sparebank, though until 2000 there was a separate board of directors for the Lierne branch. In the 2000s, the bank expanded with a branch in Steinkjer and in 2006 it merged with the smallest bank in Norway, Verran Sparebank in Framverran Framverran is a village in Inderøy Municipality in Trøndelag county, Norway. It is located ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Lierne Sparebank
Lierne may refer to: Places *Lierne Municipality, a municipality in Trøndelag county, Norway *Lierne National Park, a national park in Trøndelag county, Norway Other *Lierne (vault) In Gothic architecture, a lierne is a tertiary rib connecting one rib to another, as opposed to connecting to a springer, or to the central boss. The resulting construction is called a lierne vault or stellar vault (named after the star shape ge ..., architectural term for an element of a vault * Lierne IL, a sports club from Lierne Municipality in Trøndelag county, Norway {{dab, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Clayt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bergsmoen
Bergsmoen is a village in Grong Municipality in Trøndelag county, Norway. The village is located about west of Medjå, the municipal center of Grong. The village lies close to the river Namsen in the Namdalen valley and less than southeast from Eidsvatnet. It has a single bus stop in the village center. The village had a population (2023) of 213 and a population density of . Since 2023, the population and area data for this village area has not been separately tracked by Statistics Norway. Bergsmoen is the home of the Grong Museum. References Villages in Trøndelag Grong {{Trøndelag-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
