Finance
The Consumer Council cuts DNB demand by 235 million
The Consumer Council cuts DNB demand by 235 million The Consumer Council has reduced the claim against DNB to NOK 454 million in the appeal proceedings. The original…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
We ate less Norwegian cheese last year
For the first time since 2009, consumption of Norwegian cheese fell (by 2.1%) last year. At the same time, the trend is that Norwegians drink less milk. While milk…
Finance
Norway has signed an agreement on possible military contributions to Niger
Norway has entered into an agreement with the West African country of Niger, which opens up for sending a Norwegian force there. ‘Vårt Land’ wrote on Tuesday that…
Finance
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 double production, and…
Finance
Financial Services Authority warns against crypto currency
FSA warns consumers against buying crypto currencies, calls them highly risky and speculative products, which pose a high risk of loss. Crypto currencies are not…
Finance
100 – 800 NOK Fees for Oslo Commuters
ATM’s ARE COMING Bane Nor will soon install its commuter parking ATMs at Oslo region train stations. “We do this to ensure that those who need to park at the station…
Finance
At today’s prices, the oil field Johan Sverdrup will earn 9.6 million an hour from 2022
With today’s oil price, the giant oil field Johan Sverdrup will earn 9 million kroner per hour in a few years. “This is a fantastic field,” says Margareth Øvrum,…
Finance
Few change their pension accounts after change of employer
Norwegian workers rarely change the pension accounts they received from former employers. Almost NOK 65 billion is therefore based on the original savings profile.…
Finance
Further Norwegian salmon processing could provide 10,000 new jobs
83% of Norwegian salmon is sent out of the country untreated. ‘Seafood Norway’ believes that further processing of salmon at home could create 10,000 new jobs. According…
Finance
Norwegian authorities skeptical of UK’s EEA membership
NUPI Director Ulf Sverdrup believes British EEA membership may weaken Norway’s accession to the EU. Norwegian authorities are skeptical of the UK in the EEA. When the UK…
Finance
Investigates Statoil after leak at Mongstad
Police investigate Statoil after leak at Mongstad Pure luck prevented anybody from dying when explosive gas leaked out at Mongstad. The police confirm that they started…
Finance
Fall in passenger numbers for SAS
1,828,000 passengers flew with SAS in January this year, a decline of 5.3 percent from the same month last year. All though revenue increased per passenger. This…
Finance
Aker Solutions: Highest order intake in almost four years
The oil service company, Aker Solutions, surpassed market analysts’ expectations and delivered an operating profit of NOK 105 million in the fourth quarter of 2017. In…
Finance
Norwegian reports 11 percent passenger growth in January
Norwegian carried more than 2.3 million passengers in January, an increase of 11 percent compared to the same month previous year. The growth is primarily driven by…
Finance
Strong upturn on Oslo Stock Exchange
From decline to strong upturn on the Oslo Stock Exchange Tuesday’s sharp drop on the Oslo Stock Exchange (Oslo Børs) was reversed on Wednesday. The main index rose by…
Finance
Statoil records strong earnings for the fourth quarter
Statoil recorded record high production in the final quarter, and during 2017 as a whole. With strong prices, it provided a lot of money at the checkout. A very good…
Finance
Salmon escaped from fishery
Approximately 56,000 salmon have escaped from Marine Harvest’s plant in Nærøy, Trøndelag. There were 180,000 salmon in the cage before the escape. Marine Harvest has…
Finance
Norway wants beer giant out of the global health fund
The Global Fund for Combating AIDS, Tuberculosis and Malaria have entered into a partnership agreement with the beer giant,Heineken. Norway will not support the…
Finance
Telenor Norway cuts 115 positions
115 fulltime positons will disappear after Telenor Norway has decided to reorganise parts of the technology division. “Telenor will lead the way in the digital shift in…