Finance
Consumption continues to rise
Norwegian consumption increased by 1.1 percent from January to February adjusted to, seasonal changes, according to Statistics Norway (SSB). There were increases in most…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Check, change or submit the tax return
As of April 4 – This is where you can look at the (current) tax return for the income year 2016. In your tax return you’ll see if you get some of the money you’ve paid…
Finance
Aker Solutions to Acquire Norwegian Oil-Services Provider Reinertsen
Aker Solutions agreed to buy oil-services provider Reinertsen to build on its position as a leading maintenance and modifications supplier offshore Norway. The asset…
Finance
Statoil cuts approximately 500 FTEs
Statoil’s management notified they will cut several positions, which is equivalent to 350 FTEs. In addition, they union’s expects cut on further 212 FTEs. Press…
Finance
One in ten prisoners are mentally retarded
Around one in ten inmates in Norwegian prisons are mentally retarded, a new study shows. They may end up being regulars, says the researcher behind the study.…
Finance
FSA to introduce stricter regulation on consumer loans
The banks are too slack in checking borrowers’ ability to pay, according to the Financial Supervisory Authority (Finanstilsynet). Now they want to make it harder for…
Finance
Uses ROV to do under water cleaning
Rovision was established last year and has developed a thruster based ROV fishing net cleaner for the farming industry. ROV stands for s a remote-controlled underwater…
Finance
One out of four do not dare report unacceptable work conditions
Fear of losing a job is the main reason that a quarter of those who discover unacceptable conditions at their workplace, choose not to speak up. Many of those who…
Finance
New law restricts temporary employment in the public sector
The government has introduced an amendment which restricts the ability to use temporary employment in the public sector. ‘High use of temporary employment in the state…
Finance
Banks say no to more loan applications
After Finance Minister Siv Jensen introduced stricter rules for mortgages beginning of the year, more loan applicants were turned down by the banks. Dagens Næringsliv…
Finance
Accused did not show up to the trial – costing the state half a million
The state must probably cover the additional costs of more than half a million in a criminal case that was set to be held in the Oslo District Court last week. The case…
Finance
Statistical study shows only one in three people in favour of search for oil in northern Norway
Only one in three are positive to an oil study off Lofoten, Vesterålen and Senja, according to a recent poll. It is an opposite result to that suggested by the mood in…
Finance
Invests 20 billion on Njord and Bauge
Operator Statoil will spend NOK 19.8 billion to extend the life of Njord and Hyme and connect them to the new field Bauge in the Norwegian Sea. It follows the plan for…
Finance
Fears for UK finance jobs after Brexit
The smaller financial centers in the UK – which all together have far more employees than London – are fearing jobs losses after Brexit. The financial sector fears that…
Finance
DN: Statoil has spent four billion kroner on severance packages
Statoil has spent four billion kroner over the last three years to retire employees early, writes Dagens Næringsliv. The company has dismissed every fifth employee. – In…