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Sovereign Wealth Funds Briefing - Categorized | Investment

Norwegian investment in Russia worth 22 bln

Posted on 09 March 2010

From Barentsobserver.com: The Norwegian Government Pension Fund, the largest equity investor in Europe, has invested into 64 Russian companies. The Norwegian part of the shares were worth more than 22 billion NOK (Euro 2,75 billion) in 2009.

The overview of all companies the Norwegian Government Pension Fund has invested into is presented in the 2009 annual report of the fund, published on the website of the Norway’s central bank. The fund was established in 1996 to invest surplus oil revenue abroad in order to avoid overheating Norway’s domestic economy……………………………………….Full Article: Source

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