JOINT PORT COMPANY UMEÅ–VAASA
The Municipal Council has approved the principles for Kvarkenhamnar AB, a company that will be owned by Umeå Kommunföretag (UKF) and the city of Vaasa. The decision also includes the allotment of SEK 15 million to UKF as the shareholders’ contribution for the formation of the company. Kvarkenhamnar will be formed through a limited liability company, which will be owned equally by UKF and the city of Vaasa. It is believed that this expanded collaboration will enhance the efficiency of and strengthen business development and lead to higher volumes of cargo and passengers across the Kvarken Strait.The new company will rent/lease the port facilities from the respective owners. It will involve land areas with associated buildings, waterways, docks, railway facilities and cranes.