Giske held a press conference Friday regarding a parliamentary report on state ownership. He said preparation of the parliamentary report had been a comprehensive process. In total, the Norwegian atate has holdings in 52 different companies. Combined revenues for these companies amounts to NOK 1,420 billion (€170.4 billion/$241.4 billion). The value of the state’s shares in stock-exchange listed companies was NOK 504 billion (€60.5 billion/$85.7 billion) at the close of 2010.
“The state now owns more than it ever did. The state is obliged to have holdings, as we have so much capital that must be allocated.
