Finance
The parking fee doubles at seven commuter carparks
On Monday morning, almost all the parking spaces at Høvik Station were empty. Nevertheless, the parking fee was doubled due to ‘explosive capacity’. As of December the…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
National Insurance Budget growth makes Solberg uneasy
Increasing expenses for the National Insurance Fund give rise to turmoil, according to Prime Minister, Erna Solberg of Høyre (H). But cuts in sick pay or other welfare…
Finance
Black Friday with green equivalent
Black Friday will take place on November 24th, and Virke estimates that Norwegians will outdo previous years. Again, the trading day will meet a green equivalent. The…
Finance
Yara pays over NOK 2 billion for fertiliser plant in Brazil
Yara bought Vale Cubatão Fertilizantes plant in Brazil for over NOK 2 billion, and became a major nitrogen fertiliser producer in the country. ‘The acquisition will…
Finance
Siemens to cut 6,900 jobs worldwide
The German industrial group Siemens is going to cut around 6,900 jobs worldwide. The cuts will hit hardest over Siemens’ fossil energy departments. Around 2,600 jobs in…
Finance
Most Immigrants have lower wages
Immigrants in Norway on average earn less than the rest of the population, but in some professions, for example nurses this does not apply. In September 2016, the…
Finance
More Christmas presents are bought online
E-commerce of Christmas presents is in progress. This year, 44 percent of Norwegians are planning to shop online for gifts. In a Christmas shopping survey from Nets, 51…
Finance
Telenor shuts down department in Harstad – 81 people lose jobs
81 employees lose their jobs after the board of Telenor Norway has decided to shut down the customer service department in Harstad. The department will close from 1…
Finance
Strategy chief believes housing prices will fall for as long seven years
Peeter Hermanrud, chief of strategy at Sparebank 1 Markets, believes housing prices could fall by more than 20%, and the decline may last for up to 7 years. He told…
Finance
Stable growth in mainland GDP
The seasonally adjusted gross domestic product for mainland Norway increased by 0.6 per cent in the 3rd quarter of 2017. The mainland economy continued at the same…
Finance
Nordea is still waiting for house prices to fall- and most in Oslo
House prices can be expected to fall 5 percent or more in Oslo, and somewhat less elsewhere in the country, it is reported in a report on housing prices that Nordea…
Finance
Insurance could become more expensive due to weather extremes
‘If Skadeforsikring’ (If) said that insurance could become more expensive as a consequence of major damage caused by increased rainfall. ‘We live in a world where…
Finance
Fees eat up pension savings
The Consumer Council warned of high fees on individual pension savings. If you deposit 40,000 kroner a year for 25 years, you will also pay NOK 110,000 in fees. Geir…
Finance
Two out of three satisfied with current tax levels
According to a new poll conducted by Opinion on behalf of Avisenes Nyhetsbyrå,64% of the population want neither tax cuts, or increases. They believe today’s overall tax…
Finance
The EU is expecting stronger growth in the eurozone than in Norway
The EU commission estimates that the economy in the euro zone will grow by 2.2 per cent this year. Estimates for Norway are significantly lower. The eurozone growth…
Finance
NOK 469 billion in assessed taxes
In 2016, the total assessed taxes amounted to NOK 469 billion for residents aged 17 and older, according to new figures in Tax statistics for personal tax payers. This…
Finance
Survey: Airline Flight prices before departure
A new survey shows that airlines increase prices for flight tickets a day before departure. Dagens Næringsliv (newspaper geared towards daily consumer life) has asked…