Finance
70 hotel employees lost in court against Scandic
The 200 employees at Hotel Norway in Bergen lost their job when Scandic took over. 70 of them went to court, but lost in the Bergen County Court. CEO Svein Arild…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Statoil will invest up to 55 billion in Sverdrup
Statoil expects to invest 40-55 billion in the Johan Sverdrup oil field, according to the company’s ‘Plan for Phase 2’. It is a halving of the plan for Phase 1, said…
Finance
Norway has over 1,000 billion in mutual funds
For the first time the assets of Norwegian mutual funds 1.000 billion, in February. Total assets have grown to 1.021 billion, which is an eight-fold increase of the…
Finance
Telenor slightly ahead in the race for 5G
Norway‘s largest mobile operators, Telenor and Telia, are competing to be the first company to offer next-generation mobile networks, 5G. Telenor demonstrates 5G on…
Finance
Negative social security settlement for the third time in a row
Seniors, especially those who are single, will be the losers in this year’s social security settlement, according to the newspaper Dagbladet. Based on the current…
Finance
Municipalities will use AI to handle building applications
Building Issues in local government may in the future be handled automatically by Artificial Intelligence (AI). The Municipalities Kongsberg and Bodø are the first out;…
Finance
Hurtigruter posting signs in Chinese
Hurtigruten is hiring Chinese-speaking guides and adding signs in Chinese on two of its ships in the hope for more tourists from China. – Asia, and especially China, are…
Finance
The Centre Party wants to cut subsidies of Tesla
Already next year, a Tesla car can become several hundred thousand crowns more expensive in Norway. The Centre Party (Senterpartiet) will replace the tax exemption on…
Finance
Half a million local authority employees
The number of employees in the municipal authorities has exceeded half a million, and consists of 507 000 in the 4th quarter of 2016. This is an increase of less than…
Finance
10 of 19 county branches in Labour (AP) says no to impact assessment
Labour leader Jonas Gahr Støre has not got the majority of local parties on his side in their views on whether or not to study the impact of oil activities in Lofoten.…
Finance
Nurses suffer from elderly patients who drink too much
Four out of five nurses in home care and home nursing, said in a survey that they had experienced patients with addictions, who made the nurses more exposed to violence…
Finance
Less money for Statoil executives
As a result of the lower oil prices in 2016, the CEC received lower total payments than the previous year, including CEO Eldar Sætre. The Statoil boss was paid just…
Finance
SAS fined € 70 million for cartel activity
The European Commission gives SAS 70 million euros in fines for cartel activity, according to Dagbladet. The European Commission confirms its decision to impose fines on…
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