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 Ár frá morðtilrauninni: „Reyndi að drepa mig og það var eins og að drekka vatn fyrir hann“ Innlent Frelsinu fagnað á fjórhjóli sem Sjúkratryggingar greiða ekki niður Innlent Lögreglan fjarlægði „fátæktargildru“ ÖBÍ Innlent Dró strax í land með sölu stýriflauga eftir spjallið við Pútín Erlent Gagnrýnir ummæli Elds Smára: „Slökkvum eldinn“ Innlent Oddný Sv. Björgvinsdóttir er látin Innlent Tugi heimila sópaði út á haf í Alaska Erlent Fella niður vörugjöld á vistvæna bíla en hækka á aðra Innlent Fréttamaður Ríkisútvarpsins sakaður um áreitni Innlent Máttu gauka nafni tengdamóðurinnar að Ásthildi Lóu 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 Ár frá morðtilrauninni: „Reyndi að drepa mig og það var eins og að drekka vatn fyrir hann“ Innlent Frelsinu fagnað á fjórhjóli sem Sjúkratryggingar greiða ekki niður Innlent Lögreglan fjarlægði „fátæktargildru“ ÖBÍ Innlent Dró strax í land með sölu stýriflauga eftir spjallið við Pútín Erlent Gagnrýnir ummæli Elds Smára: „Slökkvum eldinn“ Innlent Oddný Sv. Björgvinsdóttir er látin Innlent Tugi heimila sópaði út á haf í Alaska Erlent Fella niður vörugjöld á vistvæna bíla en hækka á aðra Innlent Fréttamaður Ríkisútvarpsins sakaður um áreitni Innlent Máttu gauka nafni tengdamóðurinnar að Ásthildi Lóu Innlent