Finance
More costly food and furniture raised the consumer price index
The Consumer Price Index (CPI) rose by 0.4% between January and February this year, mainly due to the higher prices of furniture and foodstuffs. The prices of furniture,…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Reduction in fatalities for Norwegian shipping last year
In 2016 seven people died in connection with shipping accidents in Norway. It is the lowest number of fatalities since the late 1980s, according to the Norwegian…
Finance
The Kongsberg Group joins in an extensive submarine cooperation
Kongsberg erg Group joins forces with two German companies to establish a joint venture to become sole suppliers of combat systems for submarines. Together with…
Finance
Confusing rules on beer sales from online stores
Several municipalities have banned the sale of beer from online sources but have met with resistance. Health Minister, Bent Høie (Høyre), has asked the Directorate of…
Finance
Brighter times ahead for Norwegian economy
Statistics Norway (SSB) expects a slight upturn in the coming years, and says that the Norwegian economy moving towards somewhat brighter times. The reduction in…
Finance
Women in the minority
The proportion of female board representatives of limited companies has not changed in recent years. Two out of ten board representatives in private limited companies…
Finance
Downsizing and increased dividends in DNB and Telenor
While several hundred positions in the partially state-owned DNB and Telenor will be downsized, there will be an increase in dividends to its shareholders. While DNB has…
Finance
Blood Red for SAS
SAS who report their results in Swedish Kronor (SEK, had a deficit of SEK 556 million for the first quarter of the fiscal year. The airline provides a pre-tax loss of…
Finance
Small drop in border trade in 2016 might be significant (or might not)
Norwegians spent 13.8 billion on trips abroad in 2016. That was a reduction of 275 million, equivalent to 2% difference to 2015. The changes were within the uncertainty…
Finance
Nav sponsoring ‘healer’ education
Nav has given public support for more people to take ‘healer’ education or courses at several alternative schools. Vårt Land newspaper wrote about carpenter, Daniel…
Finance
Every fourth job has been lost at major offshore shipping companies
During 2016, over 2,100 jobs in the country’s three major offshore shipping companies disappeared. These companies were DOF, Rem/Solstad and Farstad. This was a decrease…
Finance
Norwegian reports 12 per cent passenger growth in February
Norwegian carried close to 2.1 million passengers in February, an increase of 12 per cent compared to the same month last year. The growth is primarily driven by a 53…
Finance
Committee advocates free nursery place selection, and a means-tested allowance
The majority of the committee for support for families with children believe in withdrawing financial support, and introducing free nursery places as a needs tested…
Finance
Avinor plans new terminal at Gardermoen
No sooner than “New Gardermoen” is ready for use, before Avinor proceed with the plans of a new overseas terminal at the main airport. Avinor announces an expansion at…
Finance
Fisheries Minister, Per Sandberg, will double the catch of minke whales
Per Sandberg, the Fisheries Minister for Fremskrittspartiet (FRP), will double the disputed catch of minke whales, so to sell more to Japan. ‘The Inland Court has the…
Finance
Official opening of the bike hotel at Sandvika station
Bane NOR invites to the official opening of the New bike hotel at Sandvika station in Bærum just outside Oslo on Monday March 6th between 3pm and 4pm. We know that many…