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Home* News and Stories → Positive netto balance in 2009

Positive netto balance in 2009

The Norwegian public budget for Spitsbergen was positive in 2009, for the first time in 33 years. Mainly tax income from major companies have contributed to the income. The mining company Store Norske is the largest tax payer (278 million Kroner), followed by the oil and gas plattform service company Seadrill Norge (92 millionen Kroner). In 2009, the netto transfer was 33 million Kroner from Spitsbergen to Norway. In comparison: in 2007, Spitsbergen was subsidised with 310 million Kroner, the figure for 2008 is 347 millions.

Happy to have some cash in the bank: Reindeer in Adventdalen

Positive netto balance in 2009 - Adventdalen

Source: Svalbardposten

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last modification: 2014-07-01 · copyright: Rolf Stange
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