Corporate governance

Each individual company is legally responsible for its own operations and has an independent profit responsibility. 

The group has established general guidelines in areas where it is important to safeguard commercial considerations, external requirements and the group's social responsibilities, and companies are followed up through the group's internal reporting, internal audits, routines for risk management and the internal governance structure.

Moelven governs the group in accordance with the Code of Practice for Corporate Governance, issued by the Norwegian Corporate Governance Board (NUES).

Moelvens ownership structure:

Glommen Mjøsen Skog SA	66.84 per cent
Viken Skog SA	32.80 per cent
Allskog SA	0.08 per cent

Individual investors own most of the remaining 0.28 per cent.

Corporate Management and Corporate Staff

Corporate Management and Corporate Staff

President/CEO and managing directors of the Timber, Wood and Building Systems divisions. The corporate staff’s main responsibility is to provide services and support to Moelven management and the various operative business units.

Corporate Management and Corporate Staff

 

Board of Directors

Board of Directors

Seven members, two of which are elected by the employees.

Board of Directors

 

Corporate Governance