Finance
Statoil is phasing out the combined heat and power plant at Mongstad
The combined heat and power plant (CHP) at Mongstad is decided phased out following several years of unprofitable operations. The other operations at the complex will…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Now comes the new road tax
Have you got a bill from the insurance company that is higher than usual? It’s probably the new traffic insurance fee. From 2018 the annual fee on cars will be replaced…
Finance
Many people believe there is an upturn in the Norwegian economy
Optimism is spreading among Norwegian consumers. The situation looks brighter than before, with a better outlook for both an individuals’ own, personal wallet, and for…
Finance
More children get inexpensive, or free kindergarten places
An increasing number of children in low-income families now receive free, or cheaper kindergarten. But the Minister for the Arts isn’t yet satisfied. Last year, 8,000…
Finance
Young people accrued 235 million in ‘inkassogjeld’ debt collected, high interest penalised, debt
Young Norwegians have accrued ‘inkasso’ (debt-collected) debt over the past year at an increased rate of 50%, rising to 235 million. Many lack an understanding of…
Finance
Promotion of consumer loans being tightened
The financial industry is agreed on an industry norm to limit unwanted and ongoing marketing of consumer loans. Finance Norway and Association of Norwegian Finance…
Finance
Good annual results for banks
Norwegian banks’ pre-tax profit amounted to NOK 54.3 billion in 2016. This is an increase of NOK 5.2 billion from 2015. Norwegian banks’ profit before tax as a share of…
Finance
Celebrating a Norwegian classic
Last week, Select Service Partner (SSP) opened the bar Norgesglasset in the domestic section of the North Pier at Oslo Airport. Approximately 4,800 Norgesglass (“Norway…
Finance
Vips won the Norwegian mobile payment marked
More than 100 Norwegian banks goes in as owners of the mobile payment solution with DNB. Among them are SpareBank1 alliance, who had the competition app mCash. The…
Finance
Two shipping companies secured major Statoil contracts
Statoil gives contact extension for three emergency vessels from Simon Møkster and one from Havilah. The contracts are for the vessels Stril Poseidon, Stril Mercury and…
Finance
More transport by Baltic and Polish lorries
Norwegian lorries transported 4.3 million tonnes goods across the national border in 2016. The foreign-registered lorries transported 9.0 million tonnes; 2.4 million…
Finance
Norway is investing millions on restoring nature, but…
This year 26.6 million in budget money will be spent on restoring Norwegian nature. ‘It’s good, but it is not enough’, agree environmental organizations. This year’s…
Finance
A Man indicted for insurance fraud in over half a million
Monday, a 53 years old man meet in Oslo District Court on charges of insurance fraud of over half a million. The fraud took place according to the indictment over a two…
Finance
Chinese visitors flock to Norwegian hotels
The visits, and accommodation of Chinese tourists at Norwegian hotels increased by nearly 40% last year. No other country can compete with the Chinese in terms of sheer…
Finance
Sosialistisk venstreparti (Socialist Left Party – SV) seeks additional child benefit allowance to fight poverty
SV leader, Audun Lysbakken, seeks to make the autumn parliamentary elections an opportunity to make solidarity choices, and increase child benefit to those who presently…