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The Norwegian state received an extra 10 billion kroner from Vinmonopolet during the pandemic

During the pandemic, the Norwegian state's revenues from Vinmonopolet have increased by NOK 10 billion. Sales are now back to normal.

The Norwegian state received an extra 10 billion kroner from Vinmonopolet during the pandemic
Photo: Heiko Junge / NTB

During the pandemic, the Norwegian state’s revenues from Vinmonopolet have increased by NOK 10 billion. Sales are now back to normal.

From March 2020 to March 2022, Vinmonopolet has contributed revenues of more than NOK 30 billion to the state. That is almost NOK 10 billion more than usual, according to E24.

The state and Vinmonopolet have traditionally divided the annual result between them 50/50. Last year, however, the state’s profit share was set at 80%.

With open nightclubs and borders, sales have returned to normal. Elisabeth Hunter, CEO of Vinmonopolet, is surprised at how quickly cross-border trade has picked up again.

“We were almost back at the 2019 level as soon as we reopened the country,” she said.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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