Six out of ten Norwegians think the wage differences in the country are too large
In the last decade, the number of people who think that Norway’s wage differences are too great has increased. Even the richest in Norway have…
Finance
Rent prices in Norway increased significantly in March
Now it costs almost NOK 9,200 on average to rent a studio apartment. But prices fell slightly in Oslo, figures from Utleiemegleren show. The average…
NAV: Unemployment in Norway at its lowest level since 2008
A total of 53,800 people were registered as completely unemployed at the end of April. That accounts for 1.9% of the workforce in Norway and…
Unemployment in Norway fell to 3.1% in February
Unemployment in Norway fell to 3.1% in February, new figures from Statistics Norway (SSB) show. From November last year to February this year, there were…
Around 500,000 Norwegians have not yet opened their tax return
Those who have not yet checked their tax return should do so before the deadline expires on Saturday. Two days before the submission deadline, nine…
Norway’s Equinor to double number of new hires this year
Equinor will employ close to 2,000 new employees globally this year. That is a doubling compared to 2021. The majority of new hires will be…
Russian bank declared bankrupt in the Netherlands
The Russian-owned bank Amsterdam Trade Bank (ATB) was declared bankrupt by a Dutch court on Friday. The bank is registered in the Netherlands and is…
Since the New Year, Norway has exported 4% of its total power production to England
Since the New Year, 4.1% of the total Norwegian power production has been exported to England. Due to higher prices in England than in Southern…
Norwegian mobile prices are still the highest in the Nordic region
Norwegians still pay more for mobile data than Swedes, Danes, and Finns, despite the fact that Norwegian mobile users have by far the lowest consumption…
Cabin sales in Norway fell by 50% in the first quarter of 2022
Sales of cabins in Norway have declined in recent years, but in the first months of the year, 50% fewer holiday homes were sold than…
Power consumption in Norway in the first three months of 2022 was at a record low
In the first three months of 2022, electricity consumption in Norway was 14% lower than at the same time last year and at the lowest…
Fewer new housing projects in Norway reported in March compared to last year
In March, 33% fewer new housing projects were registered compared to March of 2021. The reason is, among other things, the high expenses and unpredictable…
Norway’s Oil Fund lost 653 billion kroner in the first quarter of 2022
In 2022, the Government Pension Fund Global (the so-called “Oil Fund”) received a return of -4.9%. That corresponds to a loss of NOK 653 billion….
Rent prices are rising – sharp rise registered in Bergen
Rent prices rose by 1.6% in the four largest cities in Norway in the first quarter of the year. Bergen saw a particularly sharp rise…
Analyst: The Melkøya fire may have cost Equinor 20 billion kroner in lost revenue
The fire in Equinor’s gas plant on Melkøya in 2020 may have cost the company NOK 20 billion in lost revenue, one analyst estimates. The…
Norway registers new export records
Exports set new records in March 2022, ending at NOK 226.3 billion. That is close to 25% more than the previous record in December 2021….
The average family in Norway might have to spend 7,000 kroner more on food this year, economist warns
Food prices in Norway will probably increase by between 4 and 5% this year. The Technical Calculation Committee (TBU) estimates that food prices, as measured…
Many young adults in Norway are very worried about their personal finances, new survey shows
Personal finances cause great concern for many young adults in Norway, a recent survey shows. InFact has conducted the survey on behalf of the newspaper…
Sharp decline registered in mountain cabin sales in Norway
Sales of mountain cabins have fallen by almost 40% in the period from January to mid-March, compared with the same period last year. “There is…
Sweden reports highest inflation in over 30 years
According to the Consumer Price Index (CPI), inflation in the twelve months leading up to March amounted to 6% in Sweden. Inflation has not been…
