Finance
American giant mobile company is with major acquisitions in Tidal
The US giant mobile company, Sprint, buys 33 percent stake in the Norwegian-developed music streaming service Tidal. According to a press release from the companies,…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
NHO: The worst is over for the Norwegian economy
NHO’s newly appointed chief economist Øystein Dørum is very optimistic about Norwegian economy and business. He says several indicators suggest that the worst is done. A…
Finance
Tax Administration will have a clear tax limit for the sharing economy
The Tax Administration is proposing several measures to improve and simplify the taxation of the so-called sharing economy with global companies like Uber and Airbnb…
Finance
Fewer receive work assessment allowance (arbeidsavklaringspenger)
Over the past year, there were 2,200 fewer people receiving the work assessment allowance. But there are continually more younger receivers. ‘The number of people…
Finance
Foreign banks dominate the Norwegian market
Foreign banks accounted for approximately 75% of revenues and profits in the Norwegian banking market in 2015. Ten years earlier the proportions were respectively 2 and…
Finance
Now you can check your pension
You save for retirement? Then check the fees on your pension savings, says the Consumer Council. Annually, Norwegian consumers pay 300 million in fees. But with a single…
Finance
Fewer young Norwegians choose to enter the construction industry
While employment in the construction industry increased by 11% between 2008 and 2014, the number of young Norwegians within the industry went down. Migrant workers were…
Finance
Fewer holdings
The number of holdings dropped by 2.3 per cent from 2015 to 2016 to a total of 41 100. In 2016, 39 000 holdings were operated by natural persons, while 2 100 were…
Finance
Banks warn of tighter lending and higher interest rates
Banks will tighten credit standards for households ahead. At the same time Norwegians should prepare for higher lending rates. It was revealed in Norges Bank’s lending…
Finance
Analyst sees bright aspects of oil downturn
Although oil downturn has been a sharp and severe concussion for the industry, it also has its bright sides says senior analyst Eirik Larsen from DNB Markets. At the…
Finance
Alcohol sales are down to the same level as 1980
More wine was sold in cartons, but otherwise, figures continued to drop in alcohol sales. Alcohol consumption is back to the same level it was at in 1980. Wine sales…
Finance
Jensen: New job figures show improvement
Almost no jobs have been created in the private sector, according to Labor. Finance Minister Siv Jensen denies the allegation and claims that 80,000 new jobs have been…
Finance
Brekke: Telenor may die as a company
Established telecommunications companies are exposed to such great competition that Telenor and other companies could be gone in ten years, says Telenor CEO Sigve…
Finance
Over 70,000 received NAV support abroad
In all, 74,500 people received support from Nav abroad in 2015. Retirement was the most common performance to receive, according to figures from Statistics Norway.…
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