Finance
SAS and Norwegian Airlines say ‘no’ to Rygge
Neither Norwegian, nor SAS, are planning to return to Rygge airport despite Ryanair’s new interest. ‘Our operation was relatively small at Rygge, we had a few flights to…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Real estate prices fell by 0.4 percent in January
Real estate prices in Norway fell by 0.4 percent in January after adjustment for season, the new figures come from Real Estate Norway (Eiendom Norge). Nominal prices…
Finance
Norway may be infected by interest rate jumps in the United States
The fall in stock prices in recent days was triggered by a rise in interest rates in the US that could lead to interest rates rises in Norway as well. On Tuesday…
Finance
Norway and the EU must cooperate against VAT fraud
Finance Minister Siv Jensen (Frp) has signed an agreement with the EU on cooperation to reveal fraudsters trying to avoid VAT. The agreement was signed in Sofia on…
Finance
Bumper start to Norwegian seafood exports for 2018
Norway exported 198,000 tonnes of seafood worth NOK 7.7 billion in January. An increase in volume of 23,000 tonnes or 13 per cent and a NOK 143 million or 2 per cent…
Finance
Association believes crypto currency can lead to tax evasion
Norway’s Bitcoin and Block Chains Association believes several Norwegians who own crypto currency may end up cheating on the tax due to the cumbersome regulations.…
Finance
Financial support has cost near 50 billion
Close to 50 billion NOK has been paid in financial support to Norwegian children since the program began on 1 August 1998. Since and including 2016, it’s been calculated…
Finance
Decline in unemployment in January
The number of people registered as fully unemployed fell by 2,200 in January, according to seasonally adjusted figures from Nav. Unemployment has decreased in the past…
Finance
Chevron drags Statoil into climate law case
Chevron involves Statoil in climate case The Oil giant Chevron requires Statoil to join in and split the bill if the company has to pay compensation for climate changes.…
Finance
Many housing ads are old
In January this year, more homes were put up for sale than in the previous three years,but many of the ads are old. In January there were 11,086 homes for sale on Finn…
Finance
Chinese inspectors to check Norwegian salmon
In March, inspectors from China will visit Norway to inspect Norwegian salmon fisheries. The hope is that China’s exclusion of whole filleted salmon can be lifted. In…
Finance
11 Percent Will Choose Electric Car
Norwegians will probably buy more electric cars this year than the rest of the Nordic countries, according to a survey. 11 per cent of the Norwegians expressed interest…
Finance
Toyota, Lexus Recall Cars – Over 500 Norwegian Car Owners Hit
Toyota and Lexus recall 645,000 cars worldwide as a result of airbag problems. In Norway, 564 cars have been sold with the said problem. “At worst, the flaw in the…
Finance
Lowest growth in earnings in the 2000s
Average monthly earnings for all employees were NOK 42 600 as per September 2016. This was a year-on-year increase of 1.6 per cent, and is the lowest growth in earnings…
Finance
Ocean Installer with huge contract for Statoil
Ocean Installer with huge contract for Statoil The contract concerns marine operations related to a Statoil project, Johan Castberg, in the Barents Sea. This will be the…
Finance
Telenor plans to cut 6,000 jobs by 2020
Telenor delivered a result in line with expectations for the fourth quarter last year. The company plans to cut the number of full-time employees by 6,000 by 2020. That…
Finance
Oil service industry growth shown for first time since 2014
For the first time since 2014, the audit company, EY, has tracked growth within the Norwegian oil service industry. In its annual review, EY analysed the accounts of…
Finance
Caught with 360,000 cigarettes
Caught with 360,000 cigarettes A Police patrol found 180,000 cigarettes in a Swedish-registered car that they stopped at Åkrestrømmen in Rendalen Municipality on the…