Finance
Source told VG newspaper that Norway probably exempt from Trump’s embargo
Norway is likely to be exempt from the embargo that US President, Donald Trump has imposed on steel and aluminum imports, announced a centrally located source to VG…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Salmon to China: 800% Increase
A signed 2017 protocol agreement between Norway & China is dramatically increasing Norway’s salmon export trade, with China receiving 1700 tonnes of salmon in January…
Finance
Oil industry needs over 1,000 new people
A survey of the ten largest member companies in Norwegian oil and gas showed that they plan to recruit 850 new employees,plus 160 apprentices. The need for new people in…
Finance
Norwegian electricity customers have paid 6.2 billion toward wind farms
Norwegian electricity customers have so far paid NOK 6.2 billion for wind farms built in Norway. Most of the money has gone to Sweden. The figure is taken from the…
Finance
New Norway Housing: Flat February
After 8 years of steady growth, new housing figures reveal that Feb.2018 saw new home sales performing at the same level as 2017;producing a total of almost 30k new home…
Finance
Lars-Åke Norling to step down as Chief Executive Officer of dtac
Telenor’s subsidiary in Thailand, Total Access Communication PLC (dtac), today announced that its CEO Lars-Åke Norling has decided to leave the company to pursue new…
Finance
Between 50 – 70 positions will disappear when Maersk and Total merge
Total E & P Norge AS will reduce staff, between 50-70 positions when they merge with Maersk Oil Norway. “Both the acquisition of Maersk Oil and the sale of the Martin…
Finance
Optimism in the construction industry
Employers in the construction industry are planning for a ‘’heavy workforce’’ next quarter, reported Manpower. In a survey conducted among 753 Norwegian companies,one of…
Finance
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 of the year, Norges…
Finance
Huge potential for KONGSBERG in Qatar
KONGSBERG has signed a cooperation agreement in Qatar for long-term technology development programs within defence, maritime industry and digitalization. The first…
Finance
Arbeiderpartiet’s team says no to oil exploration in the north
Several of Arbeiderpartiet’s (Arp’s) county councillors said no this week to impact assessments for oil activity outside Lofoten, Vesterålen and Senja. A statement from…
Finance
Great nervousness around new interest rates
The big question before Thursday’s monetary policy meeting concerns ‘Norges Bank’ opening for an interest rate hike as a result of new monetary policy rules. The…
Finance
Sandberg wants a new fisheries commission agreement after Brexit
Fisheries Minister Per Sandberg (Frp) seeks a new type of fisheries agreement after Brexit, where Norway, the EU and the UK all have a seat around the table. The…
Finance
Norway needs 150 new trains
The state company ‘Norske Tog’, to whom NSB leases most of its trains, said that half of all Norwegian trains need to be replaced by 2029. This was reported in…
Finance
Fewer flew with SAS in February
Fewer travelled with SAS in February The Scandinavian airline SAS had a decline in passenger numbers by 2.4 per cent in February this year compared to the same month…
Finance
Buyer of Norske Skog may be known in March
Buyer of Norske Skog may be revealed in March The deadline for submitting tenders for Norske Skog’s paper mills expired on Monday this week. Several have shown their…
Finance
Norway wants a piece of reformed Argentina
Norway wants a piece of reformed Argentina Minister for Trade and Tourism, Torbjørn Røe Isaksen (Conservatives), served advertising for Norway and egg for increased…
Finance
Robots bring NOK 1.5B to Bergen
Robots to bring NOK 1.5 Billion to Bergen Statoil ASA has announced the construction of 2 master control ‘hubs’ in Bergen, Norway and plans a NOK 1.5 Billion investment…
Finance
Norsk Hydro sends CFO to clear up in Brazil
Norsk Hydro sends their CFO to take over in Brazil Eivind Kallevik is appointed as CEO of scandal struck Alunorte on a temporary basis. The company is owned by Norsk…
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Hydro STUDY: No Brazil Leaks