Finance
Gaming companies won’t stop because of new rules
Foreign betting companies don’t fear anything when the gaming policy is tightened in Norway. A number of measures are being introduced to prevent Norwegian gamblers…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Progress Sour on Sugar-Tax
Since beginning of 2018, Norway’s soda sales have fallen 12 million liters; a decline of almost 11% compared against 2017’s totals. January 1st, the Norwegian government…
Finance
Mortgages could be more expensive
Banks can increase their mortgage rates, even though the key rate will remain unchanged for now. Norges Bank has kept its key rate a at record low of 0.5 percent since…
Finance
Tax deadline just around the corner
Monday is a deadline for delivering the tax settlement. Even before the weekend, over 3 million wage earners and pensioners opened their tax report. That accounts for…
Finance
Can China Become a Super Power?
Can China Become a Super Power? The USA has multiple issues with China in the areas of technology, intellectual property, etc. Aggravating these issues, a trade war has…
Finance
New toll record last year – 10.2 billion
There was a total of NOK 10.2 billion paid in tolls by Norwegian drivers last year. This is an increase of 9.6 billion from the year before. Never before have the toll…
Finance
DNB takes over the low price chain Nille
DNB will take over Nille shops in order to save the discount price chain from bankruptcy. The chain has over 360 shops with a total of 2,000 employees in Norway. To…
Finance
More employed persons
There were 21 000 more employed persons from November 2017 until February 2018, adjusted for seasonal variations. The seasonally-adjusted unemployment rate was 3.9 per…
Finance
More full-time employed
The number of employed persons working full time increased by 42 000 from the 1st quarter of 2017 to the 1st quarter of 2018. Both men and women experienced an increase…
Finance
The EU introduces surveillance of aluminum imports
The EU will begin to monitor the imports of aluminum in order to check whether the US’s new customs rules will lead manufacturers to dump goods on the European market.…
Finance
TRN sets Gardermoen Record
Dagens Næringsliv reports that Travel Retail Norway (TRN), a private company operating tax-free shops at Oslo’s Gardermoen Airport, had a gross revenue increase of 7% in…
Finance
The Department of Labor asks that companies check their housekeeping
Only half of the companies that purchase house cleaning services investigate whether the agency operates legally, according to a survey. “Those who purchase cleaning…
Finance
Norway Pledges NOK 1B to Lithuania
Yesterday, April 24, H.R.H Crown Prince Haakon & Crown Princess Mette-Marit met with Lithuanian President Dalia Grybauskaite at the Lithuanian Presidential Palace, then…
Finance
Audi recalls 1.2 million cars
Audi recalled approximately 1.2 million cars worldwide because of the failure of a cooling pump.The error affects the newer A4, A5 and A6 models. The fault causes the…
Finance
Telenor with stronger results in the first quarter
Telenor’s profit before tax is at NOK 7.79 billion, up from NOK 5.89 billion compared with the same period in 2017. However, revenues decreased after the first three…
Finance
Largest housing growth in twelve years
The net profit from the number of homes sold last year was the largest recorded since housing statistics began in 2006. On January 1 this year, there were 2,547,732…
Finance
Household payment for kindergarten up 4.9 per cent
In January 2018, the average monthly household payment for a kindergarten place was nearly NOK 2 500. In addition, the average fee for food and additional expenses…