About Umeå Kommunföretag
Umeå Kommunföretag, UKF, is the parent company for all Umeå municipality's limited companies. The municipally owned
the companies conduct activities that deliver services and services to the municipality's residents; housing, water supply, sewerage, sanitation, energy, port facilities, parking and cultural facilities. Examples of companies
which are part of the group are Umeå Energi, VAKIN / UMEVA, Bostaden, INAB and Västerbotten's museum.
The profits are distributed between the companies
The companies owned by the municipality to 25 percent or more are subject to the parent company's directive. The Group's mission also includes assisting companies with corporate management, training and financing issues. All companies live on their own income, ie without tax income. Any profit goes back to the customers in the form of maintenance and development. A company that makes a profit contributes to other activities under the company hat that are not as lucrative, for example to public transport.
- The idea of municipal companies has existed since the 80s. Some companies close down and disappear, while new ones keep popping up. The companies have good times now, they deliver what is expected according to the instructions. Here in Umeå, we are also far ahead when it comes to sustainability. Environmental thinking is widespread throughout the municipality.
Business
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.