NORWAY: government agency's capital injection into Lofotproduct AS

Ms Kristin Harlvorsen, the Norwegian Finance Minister, attended in May 2009 a ceremony to launch the construction of new plant for Lofotproduct AS, a fish processing company, in Vestvågøy (Lofoten).

The construction of this plant is possible thanks to a capital injection of NOK 110 million (USD 18.1 mllion) from SIVA, ”The Industrial Development Corporation” of Norway is the governmental corporation and national instrument founded in 1968. This government agency is managed by the Trade and Industry Department.

Here is a press release from SIVA (in Norwegian) with the news:


And here a lnk to SIVA’s presentation webpage in English:


No comments: