STAVANGER KOMMUNE

Stavanger Kommune is the owner / participant in about 35 companies and cooperation, which accounts for a large proportion of the municipality's total service production. The companies supply social-critical services such as fire prevention, renovation, power and water supply. The companies also manage great values ​​on behalf of the community. There are also significant annual transfers between the municipality and the companies in the form of dividends and operating grants. Stavanger Ci... ty Council determines the framework for the municipality's corporate governance and the companies' activities through, among other things, approving the articles of association, company / shareholder agreements, owner strategies and ownership report. The city council also appoints the municipality's representatives in the agencies. The municipality's corporate governance is exercised through the agencies. The Control Committee shall, on behalf of the City Council, ensure that the management of the municipality's ownership interests is monitored. A detailed explanation of the municipality's ownership follow-up is given in the ownership report.More