Vard to build a cruise ships for NOK 5 billion
Vard has entered into a binding agreement for the construction of two cruise ships for Viking Cruises. The contract is worth NOK 5 billion. …
Billions
Nav paid NOK 7.1 billion to people abroad last year
Nearly 80,000 people living abroad received 7.1 billion kroner from Nav in 2017. More than half of the money went to pensioners. In total, Norwegian…
Norwegians shopped to the tune of NOK 23.7 billion in Sweden last year
According to two recent Swedish reports, Norwegians traded for nearly NOK 24 billion in Sweden last year, wrote E24 newspaper. Due to the Norwegian…
Norway sends NOK 2.25 billion to Syria
Norway has contributed NOK 2.25 billion for relief work in Syria and neighbouring countries in 2018. It was announced at the second round of…
Norwegian company wins Malaysian contract for missiles worth over NOK 1 billion
Kongsberg Defense & Aerospace has signed a contract worth NOK 1.2 billion with the Malaysian navy for delivery of missiles to six new ships. …
Lottery ticket worth $4 billion was sold at gas station in the United States
An unknown buyer of a lottery ticket in the US state of New Jersey has won approximately $4 billion. In the Mega Millions lottery…
The Oil Fund bought property for 15 billion last year
The Oil Fund’s property department invested NOK 15 billion in unlisted real estate in 2017. This showed a recent report on Tuesday. Towards the end…
Solar panel producer to invest billions
Solar panel manufacturer, Norsun, plans to invest NOK three billion in timely production over the next few years. Last year, the plan was to…
Financial support has cost near 50 billion
Close to 50 billion NOK has been paid in financial support to Norwegian children since the program began on 1 August 1998. Since and…
NOK 160 Billion Surplus in Foreign Trade in 2017
In 2017, Norway imported and exported NOK 683 and 843 billion respectively. It gives a Norwegian surplus of 160 billion. European countries, and the…
Netflix Worth 785 Billion Kroner
Netflix has reached a milestone after delivering favorable quarterly results. During the first quarter, the stock value of the company was tipping a bit over…
Trumf customers have 1.2 billion on the books
Those who use the Norwegian group, Trumf, bonus program have NOK 1.2 billion in outstanding bonuses that have not been collected. More than half…
Norway provided more than NOK 2.5 billion to the Syria crisis in 2017
In 2017, Norway maintained its substantial humanitarian support for civilians affected by the conflict in Syria. ‘The war in Syria is a terrible tragedy…
Lottery win of NOK 3.6 billion in the United States
A lucky winner of the One Mega Millions lottery in the United States won the equivalent of NOK 3.6 billion. After the draw on…
Nav fraud to the tune of NOK 8 billion annually
Estimates show that there is a loss of approximately NOK 8 billion each year. Additionally, tax fraud amounts to tens of billions. ‘What matters…
Statoil signs multi-billion kroner contracts for maintenance work
Aker Solutions, TechnipFMC, and OneSubsea, have contracted land maintenance work with Statoil to a value of NOK 8 billion until 2023. The companies will…
Norway uses almost 7 billion on young, unaccompanied asylum seekers
In total, the state is spending NOK 6.7 billion on approximately 6,000 unaccompanied minor asylum seekers this year, according to Dag og Tid. In comparison,…
Amendments to the Accounting Act to save business 1 billion NOK
A simplification of the Accounting Act, which was adopted on Tuesday, can save Norwegian small businesses as much as 1 billion, the government believes. …
DNB Bank to cut costs by up to 2 billion annually
DNB wants higher profits over the next few years. This means cost cutting and streamlining of between 1.5 and 2 billion kroner annually by 2020….
The British are $ 5 billion poorer than they thought
Britain’s finances are in a far worse condition than previously assumed. The country’s statistical agency has made a drastic write-down after a methodology change. The…