Finance
Statkraft signs 13-year power contract with Finnfjord
Statkraft and Finnfjord have signed a new long-term power contract for the period 2018 to 2031. The total volume is 8.5 TWh with annual supply of 0.65 TWh. The contract…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Here are Siv Jensen’s three pieces of tax advice
Check the numbers, remember deductions and make a budget. Finance Minister Siv Jensen of Fremskrittsparti (Frp) has three brief pieces of advice to Norwegians who are…
Finance
Norwegian alcohol sales record – in Sweden
Never before have the Swedish Systembolaget sold so much alcohol in their stores along the border. The director of NHO believes the sugar surcharge is the reason. In the…
Finance
Sugar-Tax shrinks Soda Sales
Since January 1st, 2018, Norway’s soda sales have plummeted 12 million liters,a decline of almost 11% compared against 2017’s figures. January 1st, the Norwegian…
Finance
Municipal cleaners in Oslo have work status increased from 0.58% to 50%
Three workers who were offered employment positions by Oslo Municipality as low as 0.58% have now received 50% positions. The increase came after Dagsavisen newspaper…
Finance
Industry leaders are optimistic
According to Statistics Norway (SSB), Norwegian industry leaders report unchanged production, and increased order intakes during the first quarter of 2018. The majority…
Finance
Fewer and fewer receive unemployment benefits
138,500 people received Work Assessment Allowances (AAP), at the end of the first quarter of 2018. This is a decrease from the 2,100 in the last quarter of 2017.…
Finance
20 million banknotes to be made invalid
The old 100- and 200-kroner banknotes will be void as payment from 31st May. According to Norges Bank there are still 20 million of these banknotes in circulation. The…
Finance
Statoil awarding billion NOK contract for Njord Bravo FSO
Statoil is today awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the…
Finance
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. The contract applies to the…
Finance
JAILED: 46 Norwegians In Foreign Prisons
Norwegian tabloid Verdens Gang (Course of the World) has published a summary review of the 46 Norwegians (3 of them women) being held within foreign jails, as chronicled…
Finance
Fewer received unemployment benefits, but recipients received more
The number of persons living in Norway who receive unemployment benefits decreased by 11% last year.During the same period, the amount of unemployment benefits received…
Finance
Sharp downturn in new housing sales
Sales of new homes fell by 17% in the first quarter of this year, compared to the same period last year, new figures from the Housing Manufacturers’ Association show.…
Finance
Police warn against BMW targeted thefts in the Oslo area
Thieves broke into a BMW X5 in Asker night to Tuesday and stole its GPS equipment, airbag and steering wheel. A total of seven BMW vehicles have experienced theft in the…
Finance
Need for power increases in Norway
While Europe saves power, consumption continues to increase in Norway. The Norwegian Water Resources and Energy Directorate (NVE) expects growth of 14% by 2025. Power…
Finance
33,000 bank customers may make changes to the tax report
A total of 33,000 customers in the various SpareBank1 banks may make changes to the tax report following an error in the bank’s system. “Dear Customer! Due to an error…
Finance
Increases in tax paid so far in 2018
During the first three months of 2018, taxes have been paid amounting to 249 billion, an increase of 5.6% compared with the same period last year. The figures show that…
Finance
Snow and ice falls from roofs cause car damage insurance pays outs of millions
Snow and ice falling from rooftops and hitting parked cars has caused millions of kroners’ worth of damage this winter. The unusually high snow levels in southern Norway…