Norwegians looking to invest in Iceland

A group of Norwegian investors, led by Endre Røsjø, want to put ISK 20 billion in long-term investments into the Icelandic economy.

According to MBL.is, Røsjø has already met with representatives of Icelandic pension funds with a view to setting up a special investment fund to be run co-operatively between the pension funds and the Norwegian team. The idea is that the pension funds will also invest ISK 20 billion.

Røsjøtold MBL that he was invited to Iceland in April by Svein Harald Oygard, the then acting head of the Central Bank of Iceland and a fellow Norwegian.

Source: Icenews.is