Finance
Kongsberg set to become Norway’s first 5G pilot
Kongsberg is to become the first town in Norway which Telenor will pilot 5G technology. Autonomous buses, drones, emergency communication and eHealth are just some of…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Investing in 25 more years on the Snorre field
Statoil is today, on behalf of the Snorre Unit partners, submitting the plan for development and operation (PDO) of the Snorre Expansion Project to the authorities. At…
Finance
Very gender-demarcated labour market in Norway
Norway has a very gender-demarcated and divided labour market, according to Statistics Norway (SSB) figures. Salary differentiation between the sexes are the least in…
Finance
Russian data company investing in bitcoin operation in Hedmark
A Russian data company will invest heavily in the digital currency bitcoin and will invest close to $ 1 billion on data servers located in Alvdal in Hedmark. The first…
Finance
China to establish a national carbon trading market
China has announced the creation of what is expected to be the world’s largest carbon trading market. The market initially covers the power sector, but will gradually…
Finance
Trains to continue between Oslo and Stockholm
Swedish SJ will continue to run three fast-track trains between Oslo and Stockholm. In the coming years, extensive work will be done on the Kongsvinger route, wrote…
Finance
Statkraft sells 30 per cent share in Dudgeon Offshore Wind Farm
Statkraft sells its 30 per cent stake in Dudgeon Offshore Wind Limited to a consortium led by China Resources (Holdings) Company Limited. The sale is in line with…
Finance
Norwegians buy most goods and services in Europe
Norwegian households have the highest level of consumption of goods and services in Europe, but are no longer at the top of GDP per capita. Statistics Norway (SSB)…
Finance
New oil projects create 100,000 new full time jobs
In 2017, plans for oilfield development plans have been delivered to a value of NOK 125 billion. Together, it means 100,000 new full time employment positions, according…
Finance
Annual fee for vehicles replaced by simpler solution
The annual fee for vehicles has changed, and in 2018 will be invoiced by car insurance. ‘This allows you to divide the fee throughout the year, which will simplify the…
Finance
Orange Health Insurance Office receives tax-assessment in Lithuania
The tax authorities in Lithuania are investigating whether the Norwegian Insurance Office had received incorrect tax deductions in connection to language training by the…
Finance
Statoil boss is worried that oil giants will leave Norway
Statoil chief, Eldar Sætre, is concerned that several oil giants will leave the Norwegian continental shelf. Professor Petter Osmundsen believes that opening Lofoten to…
Finance
420,000 won’t tolerate an interest rate rise above 1%
An interest rate increase of more than 1% is more than 420,000 Norwegians will manage to handle. Half of these will manage no increase whatsoever. Consumer economist,…
Finance
Foss to continue as Auditor General
Foss thrilled to continue as Auditor General There will be no new Auditor General from the Christian Democrats (KrF). Per-Kristian Foss (67) from the Conservatives…
Finance
Statkraft sells 40 per cent share in Sheringham Shoal Offshore Wind Farm
Statkraft sells its 40 per cent stake in Sheringham Shoal Offshore Wind Farm to the UK fund manager Equitix. The sale is in line with Statkraft’s strategy to exit…
Finance
H & M closes stores after poor results
The H & M Group must close more stores, invest less on new openings, and focus more on online sales due to poor results. The stock prices of the Swedish clothing chain…