Finance
Bankruptcies due to online shopping
More and more bankruptcies as stores lose to online shopping Holders of a total of 5,017 Norwegian companies had to tread the heavy road to the bankruptcy court after…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Offshore wind may become a goldmine
Offshore wind could become a Norwegian industrial adventure Two Statoil employees on a sailing trip were the brains behind the start of the company’s journey towards…
Finance
Weak krone may give more expensive electricity
A weak Norwegian krone and strong euro could lead to more expensive electricity in 2019 according to the power supplier, Ishavskraft. Trading on the Nordic power…
Finance
Polish company fined for underpayment
Company fined for underpayment – must pay NOK ½ million A Polish construction company has repeatedly broken the regulation on minimum wages and was thus fined by the…
Finance
Huawei could be banned from Norwegian 5G development
Minister of Justice, Tor Mikkel Wara of Fremskrittsparti (FRP), confirmed that Norway is considering measures that could keep Huawei outside of the development of the…
Finance
The ‘Enklere Liv’ chain to close 25 stores
The new owners of the Enklere Liv chain store are closing 25 stores. In the autumn, Jotunfjell Partners became new owners of the chain store, Enklere Liv, which had gone…
Finance
Equinor sells the world’s first floating wind turbine
Equinor has sold the world’s first floating wind turbine, Hywind Demo, to Unitech, which has great ambitions of investing in offshore wind power. Hywind Demo was located…
Finance
Norway builds the world’s first hydrogen ferry
The world’s first hydrogen-electric ferry will be built by Norled. It will be put into operation at the Hjelmeland association in 2021. “The world is watching Norway.…
Finance
Norsk Industri and Nav to get more young people to work
Norsk Industri and Nav have entered into a letter of intent to ensure that more young people without a job get into the workplace. ‘’I am pleased that today we formalise…
Finance
Opens Norwegian Embassy in India
PM Solberg opens Norwegian Embassy in New Dehli The Norwegian Embassy in New Delhi had to be expanded to accommodate Norway’s growing interest in India. On Monday, Prime…
Finance
Norwegian seafood exports total NOK 99 billion in 2018
Norway has exported 2.7 million tonnes of seafood to reach a new record of NOK 99 billion in 2018. This represents a volume increase of 4 per cent and a value increase…
Finance
GreenTech seeks «Green» Award winners
GreenTech seeks «Green Academy Award» winners Norway is a partner country during GreenTech Festival 2019, popularly known as the «Academy Award for Green and Sustainable…
Finance
Bus industry needs 1,000 new drivers a year
Although the first self-propelled buses have begun rolling, the industry sees a great need for around 1,000 new human drivers annually in the time to come. Director Jon…
Finance
Your economy may change next year
Regulatory changes may affect your economy next year Tax on cash benefits for travel, the wreckage of mopeds, cheaper beer from micro-breweries and cheaper chocolate. A…
Finance
Fish farms on Smøla hit by illness 2x
Fish farms on Smøla hit by illness 2 times in a short time A fish farm at Smøla in Møre & Romsdal has been diagnosed with outbreaks of the fish disease Pancreatic…