NEWS
Merger of Brunstadstiftelsen and BCC Fund STI
February 5, 2025
The Norwegian Foundation Authority made its final decision on January 28, 2025, to merge Brunstadstiftelsen and BCC Fund STI
In 2024, the boards of Brunstadstiftelsen and BCC Fund STI applied to the Norwegian Foundation Authority for a merger of the foundations. The Foundation Authority made its final decision on the merger on January 28, 2025, with accounting effect from January 1, 2024.
Read more about the merger at bcc.no: bcc.no/en/2025/02/the-brunstad-foundation-has-merged-with-bcc-fund/
For further information, please contact:
Jacob Zimakoff, Managing Director of BCC Fund STI
Email: jacob.zimakoff@bcc.no
Oslofjordstiftelsen established as new owner of Oslofjord Convention Center
June 26, 2024
Following the Norwegian Foundation Authority’s decision to split Brunstadstiftelsen, the ownership of Oslofjord Convention Center has now been transferred to the newly established Oslofjordstiftelsen.
– Oslofjordstiftelsen’s purpose, which includes reinvesting profits in the conference village, is an important contribution to the local community. The development of event tourism strengthens the region’s business sector, which will create development and value for years to come, says Alf Aadalen, Chairman of Brunstadstiftelsen.
Oslofjordstiftelsen is a commercial foundation with the purpose of being a stable and long-term owner of one or more hotel and conference centers in Norway and/or abroad. The foundation will exercise ownership indirectly through the Oslofjord Group’s parent company, which at the foundation’s establishment is Oslofjord Holding AS.
Commercial ownership for Oslofjord Convention Center has been planned since the construction of the hotel and conference center was approved. The Norwegian Foundation Authority approved the division of Brunstadstiftelsen just before Christmas last year, and has now in June made its final decision after no objections were received during the creditor period. The division takes effect for accounting purposes from 01.01.2024.
– With this, Brunstadstiftelsen passes on a value proposition and contribution to Vestfold that we are very proud of, concludes Aadalen.
About Oslofjordstiftelsen
The foundation’s purpose is to be a stable and long-term owner of one or more hotel and conference centers in Norway and/or abroad, either directly or indirectly through ownership in the Oslofjord Group’s parent company, which at the foundation’s establishment is Oslofjord Holding AS. The foundation shall not make distributions. The foundation is a commercial foundation through its ownership in companies that conduct business activities, but shall not conduct extensive business activities itself.
All foundations have a purpose, a task that the foundation shall solve. The purpose is defined in the foundation’s statutes and is protected by the Foundation Act through the rules on conversion.
Learn more about Oslofjordstiftelsen here: www.oslofjordstiftelsen.no
Contact information:
Alf Aadalen, Chairman
email: post@
phone: +47 97 620 620