Danderyd municipality joins Kommuninvest as member 294

Kommuninvest welcomes a new member: Danderyd municipality. The last formalities of the membership have just been sorted out. This means that Kommuninvest Cooperative Society now has 294 members: 280 municipalities and 14 regions.

Danderyd municipality has in recent years moved from financial problems to a stable surplus. The purpose of the membership in Kommuninvest is to have access to an additional source of funding which could also halve borrowing costs in the long run.

– The municipality’s employees have made a fantastic effort to create efficient operations which deliver better service at a lower cost. Our next goal will be to increase the quality of our services and give our residents and entrepreneurs an easier and better everyday life. Tax payers’ money should be used in our operations, not for paying interest rates. This is then a natural step to take, says Hanna Bocander, chairman of the executive committee.

– It is a very positive thing that Danderyd has decided to join. Each new member makes Kommuninvest a little stronger in the work to offer stable and cost-effective financing of investments in the municipal sector. The fact that Kommuninvest’s footprint in the Stockholm area continues to expand is an important step forward, says Göran Färm, Chairman of the Board of Kommuninvest Cooperative Society.

For further information

David Ljung
Head of Communications
Tel: +46 73 068 45 45
E-mail: david.ljung@kommuninvest.se