Finance
Yet another record year for whitefish exports
Norway exported cod, saithe, haddock and other whitefish worth NOK 15 billion in 2017. This is an increase of 8 per cent, or NOK 1.1 billion, from 2016. Norway exported…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Increased diesel tax will hit the districts
The blue-green government announced that the diesel tax can be set up to accelerate the sale of electricity. ‘It will be unfair for people in the districts, where far…
Finance
Fur industry to be wound up by 2025
The government will decommission fur farming by 2025. Opponents cheer, while fur farmers are despondent. ‘The aim is to promote a petition to parliament on the banning…
Finance
Almost half of the refugees in Norway found a job by the end of 2016
By the end of 2016, 89,195 refugees in Norway had found a job, which is 47.4 percent among refugees aged 15 to 66. Out of the entire Norwegian population of the same…
Finance
Highest oil price since 2014
The oil price passed the 70 US dollar mark on Thursday, reaching its highest level since the autumn of 2014. The price for crude North Sea oil closed on Thursday at…
Finance
Fewer passengers for SAS in December
Fewer passengers for SAS airline during Christmas month SAS airline carried 1.9 million passengers in December, a decline of 6.7% from the same month in 2016. This was…
Finance
Norwegian customers press new Tesla lawsuit
79 Norwegian Tesla owners go to trial against Tesla, with claims for a price reduction due to inadequate marketing. The Tesla Model S P85D was marketed as having 700…
Finance
Gas boom on the Norwegian continental shelf
Gas boom on the Norwegian continental shelf Record-high gas production is the reason why production on the Norwegian continental shelf increased last year, despite a…
Finance
Fewer young people on social assistance
The percentage of young people on social assistance fell last year. The government believes that tough demands for activity duty has been decisive for the decline. In…
Finance
Salmon exports valued at NOK 64.7 billion in 2017
Norway exported salmon worth NOK 64.7 billion in 2017. This is an increase of 5 per cent or NOK 3.4 billion compared with 2016, and it is the highest export value ever…
Finance
Norwegian changes engines in Dreamliner’s
Norwegian Airlines must switch engines in 21 of their ’Dreamliner’ aircraft Norwegian Airline will replace the engines in 21 of their ‘Dreamliner’ aircraft. The bill…
Finance
Lefdal is past tense – all stores becomes Elkjøp
Lefdal is past tense – all stores becomes Elkjøp After 82 years it is a game over for the electronics chain Lefdal. All stores will be transformed into the main brand…
Finance
Data and computer attacks are leaders’ biggest concern
According to a new survey, Norwegian leaders fear computer attacks more than an economic downturn or financial crisis. While fear of computer attacks is greatest, every…
Finance
7,500 more companies can opt out of auditing
The simplification of the regulations can save the business sector for NOK 90 million. A new regulation, which comes into effect on 10 January, allows more companies to…
Finance
Norway provided more than NOK 2.5 billion to the Syria crisis in 2017
In 2017, Norway maintained its substantial humanitarian support for civilians affected by the conflict in Syria. ‘The war in Syria is a terrible tragedy that has caused…
Finance
Norwegian reports record high year-end traffic figures: Carried over 33 million passengers in 2017
Norwegian reported its highest ever passenger figures in a single year with more than 33 million passengers and a load factor of 87.5 per cent in 2017. The launch of 54…
Finance
Wine Monopoly (Vinmonopolet) sales declined in 2017
Vinmonopolet sold approximately 80.7 million litres of wine, spirits, beer and alcohol free drinks in 2017. This was a decrease of 0.8% from the previous year. The…