Finance
Reindeer subsidies
The Government offers reindeer owners NOK 114.5 million in subsidies for in 2017/2018 The Government’s negotiating team has today proposed a budget of NOK 114.5 million…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Ikea Israel put out a brochure that was completely ‘woman free’
No women, or girls, were given space in the special edition of a brochure which was published by Ikea in Israel. ‘This was not something that has gone through us. We…
Finance
DNB gives notice of downsizing
At a meeting for the whole company, DNB employees were given their first warning about upcoming downsizing in the corporate market. The extent is not known yet.…
Finance
Cruise ships consume 7,000 tons of fuel in Bergen harbour
During the season there are 300 cruise ship calls to Bergen. All in all they consume nearly 7,000 metric tons of fuel while docked. The largest cruise ships burn up to…
Finance
Retail sales up 2.9%
Norway traded goods in stores to the value of nearly 387 billion over the first ten months of last year. That’s 2.9% more than during the same period the year before.…
Finance
NSB to detach several divisions
According to the ministry of transport, the general assembly of the state owned rail company (NSB) have decided to detach several divisions into separate companies “To…
Finance
Norwegian to use London for Asian routes
As Norwegian is banned from utilising Russian air space for their Asian routes, the company will probably use London (Gatwick) as the base for their Asian endeavour. SAS…
Finance
Mobile payment application designed for smartphones (Vipps) to launch solution for children
A mobile payment application designed for smartphones (Vipps) is launching a scheme for children aged between seven and fifteen years of age to have their own bank…
Finance
The building industry believes in the future, but they need more people
This year’s economic barometer for the building industry association (BNL) show that companies are more positive this year than last year, and wants to increase the…
Finance
The young and the eldery have the greatest problems paying their debts
Debt claims against young adults is increasing, according to a recent survey by Lindorff (a major claims company in Norway). Also people in the 60+ range experience…
Finance
Telenor to cut up to 170 full time jobs (FTEs)
Telenor will reduce the workforce by up to 170 employees in connection with the reorganisation of their broadband and technology division. The changes come, according to…
Finance
Norwegian reports a net profit of more than 1.1 billion NOK (£109million) in 2016
Global expansion driven by new routes, high load factors and continued fleet renewal, contributed to Norwegian’s best ever annual result, with a net profit of 1,135…
Finance
Immigrant unemployment declines
Registered unemployment among immigrants decreased from 7.0 per cent in November 2015 to 6.5 per cent in November 2016, while the unemployment rate was stable at 2.1 per…
Finance
500 employees loses their job at Statkraft
Statkraft is reducing its workforce by 500-600 people to save costs. Just under 200 must go in Norway. – Approximately 300 are because we are downsizing and selling…
Finance
50 new toll stations under consideration in Oslo
During the spring, a proposal will be presented for new toll stations in Oslo. One of the proposals under consideration involves 50 new toll stations, reported NRK news.…
Finance
1,200 state jobs can be moved out of Oslo – unions react
Unions reacted strongly to the plan of moving several hundred governmental jobs out of Oslo. Positions to be distributed equally across the country, answering the…
Finance
Stricter Nav requirements may save ‘billions’
Closer monitoring, and more stringent requirements for activity during sick leave could save society billions in welfare payments, suggested two new reports. The reports…
Finance
Steady growth in traffic at Oslo Airport in January
The total amount of flights in January was close to 3.6 million. This is an increase of 6.2 per cent compared to January of the previous year. Oslo Airport, in…
Finance
Steady growth in the trade surplus
The trade surplus was NOK 25.0 billion in January 2017, an increase of 48.1 per cent from the same month last year. There was a strong growth in exports of oil of 81.8…