Erik Jølberg, the CEO and owner of TESS inc. gives his ownership of TESS to a newly established foundation named The Foundation of Erik Jølberg. The purpose is to create a stable, long lasting and predictable ownership of TESS. The contracts with the employees and shareholder-agreements stay unchanged.– TESS has a solid reputation and I think it will be strengthened by this, taken into consideration the donations up to MNOK five million a year from the foundation to charitable purposes benefiting children and young people in the Lier area, says Erik Jølberg.Donations will also be given to support education within industrial marketing, charitable purposes and buying or building real estate in the Årkvisla area of Lier. A prize of 100 000 MNOK will be awarded to a person who has carried out outstanding work for or contribution to TESS. Support will not be given to political purposes.