The farm Hauger GÃ¥rd lies between Hvitsten and Son in Vestby municipality, and comprises 301.5 hectare. The property consists of woodlands and fields, in addition to two residential properties and nine vacation properties.
Petter Olsen is buying the properties from Norske Skog for NOK 43 million. The price corresponds to appraised value and gives a gain of around NOK 40 million.
Petter Olsen owns and operates Ramme GÃ¥rd in the same area. Ramme GÃ¥rd is an eco-cultural meeting place with cultural activities, and farming and guesthouse operations based on versatile and organic agriculture. Petter Olsen buys Hauger GÃ¥rd to complete and expand the ecological farming, and to develop activities aimed at youths in cooperation with other players.
Hauger GÃ¥rd will be developed in line with national and local plans, ensuring access for the public to the area and shoreline.
Oxenøen, 10 July 2008
Norske Skog
Corporate affairs
For further information:
Norske Skog:
Vice president corporate affairs
Tom Bratlie
Telephone: +47 905 21 904
Petter Olsen:
Property manager
Calle Andersen
Telephone: +47 900 79 009
Press release (PDF)
This press release was brought to you by Hugin Online, distributor of electronic press releases for companies listed on selected European stock exchanges. Address:
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The Hugin Team
Petter Olsen is buying the properties from Norske Skog for NOK 43 million. The price corresponds to appraised value and gives a gain of around NOK 40 million.
Petter Olsen owns and operates Ramme GÃ¥rd in the same area. Ramme GÃ¥rd is an eco-cultural meeting place with cultural activities, and farming and guesthouse operations based on versatile and organic agriculture. Petter Olsen buys Hauger GÃ¥rd to complete and expand the ecological farming, and to develop activities aimed at youths in cooperation with other players.
Hauger GÃ¥rd will be developed in line with national and local plans, ensuring access for the public to the area and shoreline.
Oxenøen, 10 July 2008
Norske Skog
Corporate affairs
For further information:
Norske Skog:
Vice president corporate affairs
Tom Bratlie
Telephone: +47 905 21 904
Petter Olsen:
Property manager
Calle Andersen
Telephone: +47 900 79 009
Press release (PDF)
This press release was brought to you by Hugin Online, distributor of electronic press releases for companies listed on selected European stock exchanges. Address:
To alter your subscription profile or to unsubscribe, please go to: http://www.huginonline.com/email
The Hugin Team
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