Questions

Port boards in public limited company ports

• The municipality has influence as a shareholder via the general meeting and port board.
• A port organized as a wholly or partially municipally owned limited liability company is a commercial enterprise.
• The purpose of the port is to operate at a profit.
• It is the Companies Act - and in particular the rules on state-owned limited liability companies - that regulates the work of the board and management of the port.
• The aim is to establish the port on a financially sustainable basis and with an emphasis on business experience and competence in the management/board of the limited company port.