More Norwegians are now buying a home together with others
After ten years of decline, the proportion of home buyers buying a home with others rose in the fourth quarter of last year. The change…
Finance
Norway’s Progress Party wants to reduce the wealth tax
The Progress Party (FRP) wants to reduce the wealth tax by removing the tax on so-called working capital. On Wednesday, April 7, FRP’s Helge André…
Foreign-owned culture sector companies could receive up to 300 million kroner of Norway’s corona funding
Foreign-owned companies could receive as much as NOK 300 million from the Norwegian support scheme for corona-exposed cultural actors. Newspaper VG has reviewed last year’s…
Denmark’s economy suffered less than expected in 2020
The Danish economy declined by 2.7% in 2020, surpassing expectations. Danish economists had estimated that the Danish economy would shrink by 3.3% in the pandemic-marked…
The price of salmon in Norway continues to rise
Last week, the export price of fresh salmon was NOK 62.06 per kilo, an increase of 3.5% from the week before. A total of 20,495…
A lot of Norwegians bought their first home last year
The number of people in Norway who bought their first home last year was the highest since 2011. Low interest rates seem to have offset…
While Norwegian online stores are setting new sales records, shoe and clothing stores suffer under corona measures
Norwegian online stores are experiencing record sales during the pandemic. At the same time, corona restrictions have led to a crisis for clothing and shoe…
The Norwegian krone is at its strongest since 2019
The Norwegian krone is at its strongest since August 2019. When the krone strengthens, that means that Norwegians pay a little less when they buy…
The corona pandemic cost Norwegian municipalities and counties 14 billion kroner in 2020
Various measures and lockdown during the pandemic led to municipalities paying an extra NOK 14 billion last year, a new report shows. At the same…
Store Norske is buying Hurtigruten’s buildings on Svalbard for 690 million kroner
Hurtigruten Grop is selling its buildings on Svalbard to Store Norske for NOK 690 million. At the same time, the two companies are entering into…
Norwegian company signs 1.7 billion kroner agreement with Lockheed Martin
Kongsberg Defense & Aerospace has signed a new agreement worth NOK 1.7 billion for deliveries to the F-35 Joint Strike Fighter. In a press release,…
NAV: In March, Norway registered the highest number of job seekers since September of 2020
At the end of March, 211,700 job seekers were registered at the Norwegian Labor and Welfare Administration (NAV). That is the highest number since September…
Government committee: The tax-free scheme should be scrapped – it undermines Norway’s tax system
The “Norway towards 2025” committee recommends that the government scrap the tax-free scheme. The recommendation appears in the committee’s final report. “The tax-free scheme undermines…
Many new graduates in Norway are denied overtime
A total of 28% of newly graduated members of the Norwegian Society of Graduate Technical and Scientific Professionals (Tekna) have employment contracts without the right…
Mountain hotels in Norway prepare for grim Easter season
The government’s introduction of a particularly high level of anti-corona measures in Viken made an already difficult situation even more difficult for several hotels. On…
The Norwegian state spent 12 billion kroner on consultants last year
Last year, the state spent NOK 12 billion on consultants. The Center Party’s (SP) leader believes that power is being transferred from the ministries to…
Business community in Hemsedal frustrated by corona measures: “Decisions must be made locally”
The lockdown in Viken has led to frustration in the business community in Hemsedal. They have no understanding of the measures, which they believe will…
PwC and BDO get fined in the millions by Norwegian authority
PwC and BDO have been fined a total of NOK 5.4 million for infringement of the Money Laundering Act. PwC has been fined NOK 3.2…
More than 20,000 jobs disappeared in Denmark after the lockdown in January
The number of wage earners in Denmark fell by 22,000 during the country’s corona lockdown in January. That is the largest fall in employment since…
The proportion of employed immigrants in Norway decreased in Q4 of 2020
According to new figures from Statistics Norway (SSB), around 435,000 immigrants were employed in the fourth quarter of 2020. These accounted for 65.4% of all…
