Olav Breivik was elected for the 10th year in a row as chairman of Viken Skog. Erland Lundby from Hurdal was re-elected as deputy chairman.
Chairman of the selection committee, Andris Kvam, said that it is important to have Olav Breivik still at the helm until the Company has arrived at a decision on a new factory in Treklyngen Industripark, Norway.
The annual meeting of Viken Skog was held at Thorbjørnrud Hotel in Jevnaker.
Image: 80 participants attended this year's annual meeting in Viken Skog. Photo: Marius Lippestad
There was some discussion about the size of the amount to be paid in arrears. After a vote, it was finally decided by the annual meeting to set aside NOK 30 million ($2.9 million) as a back payment on the average timber deliveries from the unit owners over the past five years. This amounts to approximately NOK 17 ($1.6) per cubic meters of timber.
It was also decided to transfer NOK 100 million ($9.7 million) to the afterpayment fund.
The annual meeting went on to support the board's proposal to pay out a dividend of 4.5% on mandatory unit contributions and 5.5% on additional unit contributions to the unit owners.
Viken Skog SA is a forest owners' cooperative for more than 9,000 share owners in Viken, Vestfold-Telemark and Innlandet, Norway.
