National Power Company to the Government 1. nóvember 2006 11:07 Landsvirkjun's headquarters in Reykjavík. The City of Reykjavik and Akureyri have sold their 50% share in the National Power Company (Landsvirkjun) to the Icelandic Government. The sale will be announced later today. Árni Mathiesen Minister of Finance and Jón Sigurðsson Minister of Industry and Commerce confirmed the news to Fréttablaðið. The total value of the National Power Company is estimated 61 billion and the price of the sale is 30 billion. The town of Akureyri owns 5% share in the National Power Company, the City of Reykjavik owns 45%, and the Icelandic Government the remaining 50%. After the sale the Icelandic Government will own 100% share. The City Councils of Reykjavik and Akureyri still have to approve of the sale but the deal has been made between the Government and local authorities granted that the councils will approve. The sale has been planned for some time and representatives from the Government and local authorities have held regular meetings throughout the year on how to reach this sale. After agreement was reached on the total value of National Power Company of 61 billion, the sale went through. News News in English Mest lesið Magnús Þór lést við strandveiðar Innlent Andlát í Garðabæ: Úrskurðuð í gæsluvarðhald umfram hámarkslengd Innlent Stjórnarformaðurinn segir stund sannleikans runna upp fyrir Eurovision Innlent Óvissa uppi um „stóra og fallega“ frumvarpið og Musk hótar hefndum Erlent Með barnaníðsefni í símanum þegar hann var „laminn í stöppu“ Innlent „Þetta er komið út fyrir öll mörk“ Innlent „Þetta er ekkert líf“ Innlent Ræðurnar verði nógu margar til að taka veiðigjöldin af dagskrá Innlent Læknanemar látnir borga hagræðingarbrúsann Innlent Lágkúra og della að mati ráðherra Innlent
The City of Reykjavik and Akureyri have sold their 50% share in the National Power Company (Landsvirkjun) to the Icelandic Government. The sale will be announced later today. Árni Mathiesen Minister of Finance and Jón Sigurðsson Minister of Industry and Commerce confirmed the news to Fréttablaðið. The total value of the National Power Company is estimated 61 billion and the price of the sale is 30 billion. The town of Akureyri owns 5% share in the National Power Company, the City of Reykjavik owns 45%, and the Icelandic Government the remaining 50%. After the sale the Icelandic Government will own 100% share. The City Councils of Reykjavik and Akureyri still have to approve of the sale but the deal has been made between the Government and local authorities granted that the councils will approve. The sale has been planned for some time and representatives from the Government and local authorities have held regular meetings throughout the year on how to reach this sale. After agreement was reached on the total value of National Power Company of 61 billion, the sale went through.
News News in English Mest lesið Magnús Þór lést við strandveiðar Innlent Andlát í Garðabæ: Úrskurðuð í gæsluvarðhald umfram hámarkslengd Innlent Stjórnarformaðurinn segir stund sannleikans runna upp fyrir Eurovision Innlent Óvissa uppi um „stóra og fallega“ frumvarpið og Musk hótar hefndum Erlent Með barnaníðsefni í símanum þegar hann var „laminn í stöppu“ Innlent „Þetta er komið út fyrir öll mörk“ Innlent „Þetta er ekkert líf“ Innlent Ræðurnar verði nógu margar til að taka veiðigjöldin af dagskrá Innlent Læknanemar látnir borga hagræðingarbrúsann Innlent Lágkúra og della að mati ráðherra Innlent