Torp Computing Group ASA
Torp Computing Group ASA
Torp Computing Group ASA
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Torp</strong> <strong>Computing</strong> <strong>Group</strong> <strong>ASA</strong><br />
Note 16 Pensions<br />
Translated into English for information purposes only<br />
Notes to the accounts for 2006<br />
TCG is required to have company pensions under the Act relating to obligatory company pensions. The scheme is in accordance with the<br />
requirements under the Act.<br />
The company has pension-scheme that includes all regular employees. The scheme is a defined contribution plan. The size of the future<br />
pension depends mainly of contribution time, level of wages and dividend from funds used in the defined contribution plan.<br />
The group has no obligation beyond monthly payment for each employee.<br />
Note 17 Related parties<br />
The chairman of the board, Gunnar Bjønnes, and CEO in MPX.no AS, Tom Tychesen, owns each 20 % of <strong>Torp</strong> IT AS where Itegra AS is<br />
renter. Gunnar Bjønnes is the CEO of <strong>Torp</strong> IT AS. Gunnar Bjønnes and Tom Tychesen own together 30 % of system supplier Multicase<br />
Norge AS which delivers logistics and web solutions to the group.<br />
Beyond from the above there are no agreements with related parties except from relations between companies in the group.<br />
199
Change language