Fredrik Lundberg, President and CEO, describes it as Umeå Kommunföretag resting on four important pillars: public transport, young entrepreneurship, the administration of the group and the ownership of the subsidiaries.

- The first pillar is the responsibility for public transport to function satisfactorily. We hire an external supplier for these purposes. Another task is to contribute to the development of young entrepreneurs by offering staff and premises. This business is run by BIC Factory. The third pillar is the management and administrative work with the Group. And the last but perhaps biggest pillar is the ownership of the subsidiaries, where the group of companies is also an internal bank.

BIC Factory

Administration, management, group-wide costs

Ownership of subsidiaries (financing)