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 Íslendingur í Bandaríkjunum: „Þetta er mjög óþægileg staða“ Erlent Fær þyngri dóm fyrir að nauðga konu, taka það upp og senda henni Innlent Rússar notuðu Brasilíu sem njósnaraverksmiðju Erlent Ákærður fyrir að ráðast á leigubílstjóra Innlent Svona verður Sæbraut í stokki Innlent Græddu á hjólinu í fyrra og vilja endurtaka leikinn Innlent Súkkulaði sviðakjammar rjúka út á Selfossi Innlent Einn lést í brunanum á Hjarðarhaga Innlent Mál hættulegra fyrrverandi fanga endi alltaf eins Innlent Alvarlega særður en ekki í lífshættu eftir árás í Úlfarsárdal 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 Íslendingur í Bandaríkjunum: „Þetta er mjög óþægileg staða“ Erlent Fær þyngri dóm fyrir að nauðga konu, taka það upp og senda henni Innlent Rússar notuðu Brasilíu sem njósnaraverksmiðju Erlent Ákærður fyrir að ráðast á leigubílstjóra Innlent Svona verður Sæbraut í stokki Innlent Græddu á hjólinu í fyrra og vilja endurtaka leikinn Innlent Súkkulaði sviðakjammar rjúka út á Selfossi Innlent Einn lést í brunanum á Hjarðarhaga Innlent Mál hættulegra fyrrverandi fanga endi alltaf eins Innlent Alvarlega særður en ekki í lífshættu eftir árás í Úlfarsárdal Innlent