Finance
Strong start to 2017 for construction industry
The turnover in the construction industry was NOK 61.8 billion in the 1st period of 2017. This corresponds to a growth of 10.4 per cent compared to the 1st period in…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
New phalanx of problems for Norwegian Airline
After a problematic weekend for Norwegian, two more flights were cancelled on Sunday evening. ‘We have had problems with crews suffering from illness, and haven’t been…
Finance
More new dwellings in June
Seasonally-adjusted figures for building start permits show a 31 per cent increase in dwelling permits from May to June. Building permits in Oslo made a particular…
Finance
Consider credit cards with deductible insurance to save money when renting a car this summer
If you don’t take out insurance at the rental company, you avoid a costly intermediary. Multiple credit cards have self-insurance included with the card, so you can save…
Finance
Norwegians put record amount of finance into Funds
During the first half of 2017, personal customers put NOK 16 billion into Norwegian Securities Funds, which is a new record. According to statistics from the Swedish…
Finance
EFTA court states that damages to EU citizens must be covered by Norway
EFTA court states that damages to EU citizens must be covered by Norwegian insurance Norwegian insurance companies will now have to cover treatment costs in the EU when…
Finance
Statoil sued for climate emissions
Statoil is sued for climate emissions Two counties and a city in California sue 37 oil, gas and coal companies – among them Statoil – for contributing to large scale…
Finance
Higher earned premiums for life insurance
In 2016, life insurance companies had a 2.5 per cent increase in their gross premiums compared to the year before. Non-life insurance companies had an increase in their…
Finance
Fish vaccinated with DNA not genetically modified
Fish vaccinated with DNA are not defined as being genetically modified Fish vaccinated with the Clynav DNA vaccine are not classified as genetically modified organisms…
Finance
The oil fund invests in property in Berlin
Norges Bank have decided to buy an office building in the center of Berlin for NOK 4 billion. The property, comprising 52,000 square meters (62,191 square yards), is…
Finance
Aker continues to drop in value
Aker continues to drop in value Aker dropped by more than 11 per cent in value in the second quarter of 2017. The value of Kjell Inge Røkke’s industrial and investment…
Finance
The Government wants ban on cultivation of marshes
The Government wants ban on cultivation of marshes The Ministry of Agriculture will ban cultivation of marshes. The Farmers’ Association reacts strongly to the proposal.…
Finance
Police dismantle crime group trading horsemeat
Police dismantle crime group trading horse meat unfit for humans The Spanish Guardia Civil, in coordination with Europol, has dismantled an organised crime group that…
Finance
NHO wants to prohibit the purchase of private cleaning from non-approved companies
The Confederation of Norwegian Enterprise (NHO) wants to prohibit private individuals purchasing cleaning services from companies that are not officially approved.…
Finance
Ministry of Agriculture delivers forecasts for summer berries and vegetables
Price reductions on carrots, good quality cauliflowers, fewer berry on the market, and no parsnips. These are the Ministry of Agriculture’s forecasts for the immediate…
Finance
Indebted Norske Skog offered refinancing
Indebted Norske Skog (Norwegian Forest) are offered refinancing Norske Skog has received two proposals for refinancing. Both entails that the existing shareholders will…
Finance
Customs in Oslo have seized a ton of tourist fish
Customs in Oslo have seized a ton of tourist fish The customs in Oslo have hitherto seized nearly a ton of tourist fish on the way out of the country. Customs weighing…