News

Government Pension Fund Norway, managed by Folketrygdfondet, recorded a profit of NOK 27 billion in 2024, corresponding to a return of 7.6%. At the end of the year, the fund's capital stood at NOK 381 billion.

In June 2024, the Norwegian Parliament passed the law establishing Statens fond i Tromsø. Now, the new fund has welcomed its first three employees and opened its office in Tromsø.

The Ministry of Finance has appointed Morten Borge as a new member of Folketrygdfondet’s Board of Directors. Siri Teigum has been reappointed as Chair and Tørres Trovik as board member, while Einar Westby and Trond Døskeland will leave the Board.