Finance
Encouraging results for Nordea
Higher revenues and better operating results in the fourth quarter of 2016 have given Nordea Bank Norway reason to believe in a recovery of part of the Norwegian…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Crown Princess visited Monsters Inc.
On Wednesday, Princess Mette-Marit visited Monsters Inc. on a construction mission in Oslo. The company employs people who, for various reasons, are struggling to get…
Finance
Ulstein shipyard will build the world’s largest hybrid ship
Ulstein shipyard will build the world’s largest hybrid ship for Color Line. ‘The signing of the international agreement represents a significant step to realize the…
Finance
Norway drops slightly on the international ‘corruption index’
Norway has again secured a place among the world’s ten ‘least corrupt’ countries, but has fallen from fifth to sixth place. This was shown on the 2016 index published by…
Finance
Growth for hotels in Northern Norway
Hotels from Trøndelag and further north, as well as Eastern Norway, has experienced growth over the past year, while it is worse in the South and West. The greatest…
Finance
565 000 establishments in Norway
There were almost 565 000 establishments in Norway as per 1 January 2017, most of which were in the retail trade and repair of motor vehicles industry. Eight out of ten…
Finance
Strike may paralyze air traffic from February 5th
Parts of air travel can be affected by a strike from next Sunday if the ground crews at Widerøe, SAS and Norwegian don’t agree on a new collective agreement. It is the…
Finance
Lånekassen lays down in Bergen and Tromso
Lånekassen (Norwegian State Educational Loan Fund) is reducing their number of offices from six to four. Bergen and Tromsø will be sacrificed, while the offices in Oslo,…
Finance
50,000 announced layoffs and dismissals last year
Nav received alerts about possible layoffs and dismissals of a total of 50,000 people in 2016. That’s 400 more than in 2015. Thus the level remained relatively stable,…
Finance
Tax Director would shed 1.000 kroner notes. Norges Bank is skeptical
Tax Director: – We do not need 500 and 1000 kroner notes. The Tax Administration, many business sectors and banks want to get rid of large notes. Norges Bank , however,…
Finance
Snow crab dispute between Norway and the EU
The EU and Norway have very different views on the right to fish in the protected zone around Svalbard. Law Professor Geir Ulfstein thinks Norway stands alone in its…
Finance
Slight increase in bankruptcies in 2016
In the fourth quarter of 2016, fewer bankruptcies were registered compared with the same quarter in 2015. In 2016 as a whole, however, there were more bankruptcies than…
Finance
Record number of unemployed sailors registered with NAV
At the end of December last year, there were a total of 1163 totally or partially unemployed seamen registered with NAV. This is more than it has been at any time since…
Finance
‘We need healthy oceans’ says Erna Solberg
Sustainable use of marine resources is the cornerstone of Norwegian welfare, said the Prime Minister, Erna Solberg, at the opening of the Arctic Frontiers conference.…
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Several foreign workers lost lives while at work
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A Norwegian energy company is investing eight billion in Georgia
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IKEA recalls a beach chair on safety grounds
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Trump promises massive tax cuts