Finance
Latvian vessel seized for illegal fishing
A Latvian fishing vessel became subject to arrest for illegal catches of snow crab (snøkrabbe) in the Svalbard zone (Svalbardsonen). The vessel was taken to shore by the…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Increased production of chicken in 2016
After declining in 2015, broiler production increased by 8% last year. According to the Agriculture Directorate, 86,300 tons of broilers were produced in 2016. This is…
Finance
Higher oil production than expected
Oil production fell from November to December, but is still well above the previous year’s figures and forecasts for the Oil Directorate (NPD). Preliminary production…
Finance
Berlingske: – SAS considering registering flights in Ireland
SAS is considering applying for a license to operate aircrafts from Ireland, such as Norwegian, to open up for cheaper labor, writes the Danish media. If the airline…
Finance
Norwegian arms exports down 20 percent
Norway exported weapons for NOK 1.9 billion in 2016, which is NOK 485 million less than the year before, according to Statistics Norway. With the exception of 2015, the…
Finance
Norway on top
Growth report from the World Economic Forum. No country is as good at inclusive growth as Norway, according to a new report from the World Economic Forum. In a report…
Finance
Norway has its lowest trade surplus in 17 years
Norway’s trade surplus fell 36.3% last year compared with the previous year. It was at its lowest level since 1999. The explanation lies in the petroleum industry.…
Finance
Tens of thousands hit financial difficulty with even a little rise in interest rates
70,000 households in this country say they will have trouble managing their mortgage if interest rates rise by just one percentage point. This is shown in a survey…
Finance
New record for Avinor and Oslo Airport
More than 50 million passengers in 2016 – 50,802,801 passengers travelled via Avinor’s 46 airports last year. This is an increase of 1.6 per cent. In December, 5.3 per…
Finance
Norwegian is working on a frame agreement with Ryanair
Norwegian is close to come to an agreement on cooperation with Ryanair, according to several media. The goal is to reach a frame agreement, confirmed by Norwegian CEO…
Finance
Norges Bank considers new ‘e-money’
While hard-cash is on the wane, Norges Bank is considering introducing online, ‘virtual’ banknotes, a new type of electronic money. Today we use money in two forms,…
Finance
Doormen in Oslo may go on strike
In two weeks, 39 doormen, a familiar element of Oslo’s nightlife, may go on strike if there is not a collective agreement. The 39 bouncers work for Youngstorget…
Finance
New hotel accommodation record set in November 2016
In November last year, there were nearly 1.6 million nights at spent in Norwegian hotels. This is 4% more than in the same month in 2015, and a new record for November.…
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