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Norwegian Government Proposes Measures for Electricity Bill Reduction
Company Announcements

Norwegian Government Proposes Measures for Electricity Bill Reduction

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Fjordkraft Holding ASA ( (DE:1ZK) ) has issued an announcement.

The Norwegian Government has proposed measures to reduce electricity bills and enhance control over power resources, including a fixed price proposal for consumers and VAT reduction on grid rent. Elmera Group, which is affected by these proposals, plans to collaborate with industry and regulators to develop effective solutions for customers. The financial impact of these measures is uncertain and will depend on their final implementation.

More about Fjordkraft Holding ASA

YTD Price Performance: -0.31%

Average Trading Volume: 475

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €373.6M

See more data about 1ZK stock on TipRanks’ Stock Analysis page.

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