Statskontrolleret

Statskontrolleret is a Norwegian term that translates to "state-controlled." It refers to entities, companies, or organizations that are owned or heavily influenced by the Norwegian government. This control can manifest in various ways, including majority ownership, significant shareholding, or the appointment of board members by the state.

The purpose of state control often lies in ensuring strategic industries remain under national influence, safeguarding public interests, or promoting specific economic or social goals. State-controlled companies operate in diverse sectors of the Norwegian economy, ranging from energy and natural resources to banking, telecommunications, and public transportation.

The degree of state control can vary. Some entities are fully owned by the state, while others are partially owned, with the government holding a significant but not absolute majority. This ownership structure allows the state to exert influence over the company's direction and operations without necessarily being involved in day-to-day management.

Examples of prominent state-controlled entities in Norway include Equinor (formerly Statoil) in the energy sector and Norges Bank Investment Management (managing the Government Pension Fund Global). The concept of "statskontrolleret" is a key feature of the Norwegian economic model, reflecting a tradition of state involvement in strategic areas of the economy.