“We follow the policy of not commenting the reasons for investing in individual companies. I may only say that Avia Solutions Group is now the fund's only investment in a private company in the Baltic countries and the shares have been acquired on the Warsaw Stock Exchange where the company is listed,” Oystein Sjolie, spokesman for NBIM (Norges Bank Investment Management), told the daily.
The fund acquired 0.54 percent of shares in Avia Solutions Group for 1.6 million Norwegian crowns last year.
Norway’s Government Pension Fund, Global, which is often referred to as Norway’s oil fund, acquired Lithuania’s government bonds for 31.8 million crowns (LTL 14.5 m, EUR 4.2 m) back in 2007. At the end of 2011, the fund held Lithuania’s bonds worth 287.3 million crowns (LTL 131 m).