Revised budget for OR


Reykjavik, 2015-11-27 17:04 CET (GLOBE NEWSWIRE) -- In The City of Reykjavik‘s budgeting process, prerequisites regarding forecast for price indices was updated. Since Orkuveita Reykjavikur‘s (OR, Reykjavik Energy) budget is a part of The City‘s consolidated budget, OR‘s budget, published October 13th 2015, has been adjusted accordingly. OR‘s revised consolidated budget for year 2016 and a five-year forecast for years 2017 through 2021 was approved by The Board of Directors today and is attached.

         Contact:
         Ingvar Stefansson
         CFO +354 617 6301


Attachments

OR - Revised Consolidated Budget 2016 and forecast 2017-2021.pdf