Norway exported seafood worth NOK 106 billion in 2020
Last year, Norway’s seafood companies exported 2.7 million tonnes of seafood worth NOK 105.7 billion, the second-highest export amount registered in the country. In total,…
Finance
Many Norwegian companies want to continue using home offices for workers even after the corona crisis
Nearly half of the member companies in the Confederation of Norwegian Enterprise (NHO) want to continue using home offices even after the corona crisis. “If…
Norway’s parliamentary representatives earn 988,000 kroner a year. The Red Party believes it’s too much
The Rep Party (Rødt) believes that the salaries of Norwegian politicians have become too high. The party expects that a new committee will support a…
Norway’s Finance Minister issues warning for 2021: “We are still in the middle of a crisis”
The Finance Minister’s main concerns for 2021? The high unemployment that is taking hold, a wave of bankruptcies in vulnerable industries, and young people sitting…
Norwegians spent 33.6 billion kroner on buying cabins in 2020
The corona pandemic has helped cottage sales in Norway reach new records. Record sales have been registered, and prices have never been higher. Recent registration…
Every fifth taxi driver in Norway lost their job in 2020
More than 3,000 taxi drivers lost their jobs in 2020. The taxi industry has experienced the most significant unemployment surge, along with clothing stores, hotels,…
Seven out of ten Norwegian municipalities plan to cut their budgets for 2021
As many as seven out of ten Norwegian municipalities have considered, planned, or implemented cuts in municipal services in their budgets for next year. Seven…
21% of Norwegians who became unemployed due to corona this spring are still without a job
This spring, over 400,000 Norwegians were laid off or lost their jobs when the corona pandemic started. Nine months later, 21% of those affected are…
Cheaper wine and beer: A number of tax changes are coming to Norway in 2021, here’s an overview
It will be cheaper to buy cross-border goods such as snus, wine, beer, and sweets from the New Year. The air passenger tax will disappear,…
Many historic hotels and restaurants in Norway fear bankruptcy
As many as four out of ten historic hotels and restaurants risk bankruptcy after the sharp fall in turnover due to the corona pandemic. November…
Norwegian masseurs are furious about removed VAT exemption: “This is a crisis for the industry”
From the New Year, the VAT exemption for massage and other alternative health treatment will be removed. The massage industry is critical of the move…
Norway grants debt moratorium of 33 million kroner to Pakistan
“Granting debt service relief to Pakistan will make it easier for Pakistan to deal with the impacts of the COVID-19 pandemic and rebuild in a…
A total of 84,000 Norwegians have been looking for a job since the start of the pandemic
Out of those who became job seekers at the start of the pandemic in March and April, 21% are still not back at work. That…
From construction company to cozy cafe, these are the hottest businesses for sale in Norway at the moment
Looking to invest or kickstart your own business? We’re bringing you six of the best opportunities on the Norwegian market right now, according to Bedriftsbørsen….
Eiendom Norge believes home prices in Norway will grow by 7.5% in 2021
January will be a historically strong month for home prices in Norway, and on a national basis, house prices will rise by 7.5% in 2021,…
After years of disputes, Norway and Hungary reach an agreement on EEA funds
Norway and Hungary are laying down their arms. After years of arguing about EEA funds, an agreement is now in place. “We agree on a…
Norway’s municipalities with high unemployment get funds before Christmas to support local businesses
The Norwegian parliament (Storting) allocated NOK 250 million to municipalities with high unemployment. The funds should compensate local businesses affected by the corona pandemic. The…
Norway is 44% more expensive than the rest of Europe
The price level in Norway was 44% above the EU average in 2019. Only Iceland was more expensive than Norway, with prices that are 59%…
Experts believe Oslo will see double-digit price growth in the housing market in 2021
2020 has been the strongest year for housing prices in Norway since 2016. More people in the housing industry now believe in even stronger growth…
Norwegian gives itself five weeks to prepare new business plan
Norwegian will likely have to decide how many aircraft they will keep on – if the company survives the bankruptcy protection – by January 22….
