Oslo 1978-12-08: Volvo agreement. The agreement went out on Norwegian partial ownership …, 1978 (photo)

Oslo 1978-12-08: Volvo agreement. The agreement went out on Norwegian partial ownership in the Swedish Volvo Group, while Volvo was to have block shares in the Norwegian oil sector. However, the agreement later went in the sink, more specifically January 1979. It was the Swedish shareholders in Volvo who put an end to the cooperation - the majority wanted no Norwegian interference in the Swedish company. The picture: The Volvo agreement is signed at a ceremony at Hotel Scandinavia on December 8, 1978. From the: Volvo Director General, Director General of Volvo, Pehr Gyllenhammar and Prime Minister Odvar Nordli confirms the agreement with a handshake. In the background, among other things. Per Kleppe and Jens Chr. Hauge