Finance
Increase in Christmas shopping last week
Christmas sales are up over 30 percent from week 49 to week 50, according to Virke. Profits in week 50 (12.-18. December) increased by 34.4 percent from the week before,…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
IKEA have to pay $50 million for a chest of drawers falling over
The Swedish furniture giant IKEA must pay $50 million in damages to three families in the United States, after the death of three children when a chest of drawers of the…
Finance
Fresh graduate oil engineers are no longer top earners
For the first time in 15 years, fresh graduate engineers in the oil industry will earn less than their counterparts elsewhere in the private sector. ‘Both engineers in…
Finance
DNB will employ 100 new IT professionals
DNB has 800 IT staff but need 100 to cover the need for the financial group called future bankers. – The world is digital and all business and new business is connected…
Finance
The two biggest shopping days remain
The final stages of Christmas shopping are approaching. Wednesday and Thursday are the days we spend most money in stores, according to calculations made for Virke. Each…
Finance
Oslo municipality has purchased housing for NOK 869 million
During the year Oslo municipality has purchased 252 properties with a total value of NOK 869 million. There has been set aside an additional NOK 800 million for housing…
Finance
Jensen relaxes borrowing requirements for small businesses
Finance Minister Siv Jensen will ease capital requirements for small and medium businesses seeking loans in Norwegian banks. The so-called SME discount has been demanded…
Finance
Demands for faster visa processing for Chinese tourists
NHO’s tourism director Kristin Krohn Devold requires that processing time for Norwegian visas is reduced for Chinese tourists. On Monday, it became known that the…
Finance
The Central Statistics Bureau (SSB), reported 4.8% of Norwegians unemployed in October
There were 133,000 people unemployed in this country in October, according to seasonally adjusted figures from Statistics Norway (SSB). It accounted for 4.8% of the…
Finance
1300 Oslo citizens file a class action lawsuit over property tax
1,300 homeowners in Oslo have joined a class action lawsuit against the City of Oslo relating to property taxes in the capital. The ‘Home Owners Association’ has sent…
Finance
Swedish newspaper reports Norwegian Airline equal size to SAS
Preliminary passenger figures show that Norwegian has caught up with SAS, becoming Scandinavia’s largest airline. Svenska Dagbladet has obtained preliminary passenger…
Finance
Per Sandberg: Wonderful news for Norwegian seafood
Fisheries Minister Per Sandberg says normalization of relations with China is fantastic for the Norwegian seafood industry. The Fisheries Minister thinks China is a…
Finance
Nav project will focus on work as good medicine for mentally ill
A Nav project for the mentally ill, shows that it is better for participants to work while they are healthy, than to be healthy first, and only then go out to work. Four…
Finance
Fewer notices of job termination and layoffs
Nav received notices for lay-offs and dismissals of 2,900 people in November. That is 2,000 fewer than in October, and 1,200 less than in the same month last year. By…
Finance
We shop more online
Online shopping has increased significantly over the past year, but making purchases using a keyboard still represent only a small part of Norwegians’ total retail…
Finance
Forced collection of debts has doubled
The Debt Enforcement Officer has had to issue 360,000 forced demands for debt, according to calculations from the Police Directorate. This is twice as many as ten years…
Finance
Survey: Over 500,000 fear Christmas’ aftershock
A survey shows that 16% of the population fear being broke in January due to high Christmas consumption in December. The survey was conducted by ‘Respons Analyse’ on…