Industry group bankruptcy-over 500 loses his job
540 jobs lost after the industrial group Bandak ( oil and gas industry) has gone bankrupt. The Group has subsidiaries in Lunde in Telemark, Risør, Stavanger,…
Finance
900 million NOK for innovation in business!
Industry and Fisheries Ministry will distribute 900 million NOK to the business community through the Research Council. The funds will go to innovation projects. –…
Most Swedes, Poles and Lithuanians
In the fourth quarter of 2015, 77 431 wage-earners were staying in Norway short term. Most wage-earners on short term stays are young men, 25 and…
Oslo City Council says no to new runway
Oslo City Council says no to a third runway at Gardermoen, citing the reason that a development will lead to increased air traffic and additional…
Marine Harvest CEO thinks brexit is good
The world’s largest aquaculture company Marine Harvest, produces most of its salmon in the UK. This means the company is left with more money because…
Million loss to the Norwegian after Brexit
The value of several airlines dropped considerably after the British decision to leave the EU. Norwegian CEO Bjorn Kjos lost 247 million kroner of his…
Passengers in northern Norway could be hit by fuel strike
The strike affecting refueling of aircraft could cause the airport in Tromsø to run out of fuel. This could have consequences for Widerøe passengers, said…
Solberg fears brexit unrest will foil Norwegian upswing
Increased uncertainty as a result of Britain’s EU NO could threaten an already fragile recovery in the Norwegian economy, Prime Minister Erna Solberg warns. She…
Norwegian salmon may lead to improved relations between China and Norway
Six years after the Nobel Prize award lead to a frosty relationship between China and Norway, the salmon trade may lead to the diplomatic relations…
Minor decrease in sickness absence proportion
The number of employees with doctor certified sickness absence in per cent of all employees (sickness absence proportion) or was 6.2 per cent in the…
Electric car industry will have strong growth in Norway
Number of companies working on electric vehicles and other zero emission transportation in Norway is more than quadrupled (increased by 5 time) in just ten…
Brexit may lead to higher demand for oil
Brexit may result in higher demand for Norwegian oil and gas and make it harder to achieve global climate goals, Statoil and environmentalists think. Chief…
Greater uncertainty in the fishing industry after the EU no
Norwegian Seafood industry is excited about what Britain’s “No” respond to EU means for the industry which most probably is unpredictable and it will be…
Real estate company indicted for aggravated fraud
The police suspect one of Trondheim’s most prominent real estate companies of fraud for tens of million, according to the newspaper Adresseavisen. The reason why…
Siv Jensen expecting turmoil in financial markets
The result of the referendum in the UK has resulted in large movements in the international financial markets. This will continue in the coming days,…
Taxi most expensive in Oslo
In 2015, the price per kilometre with passengers averaged NOK 29 for the whole country. A taxi kilometre was most expensive in Oslo and least…
Likely new interest rate cut in autumn
Norges Bank keeps the key interest rate unchanged at 0.5 percent, but in September, an already record-low interest rates may become even lower. – There…
Oslo-people have to pay more in property taxes
People in Oslo have to pay more in property taxes than initially estimated. The estimates of this year have increased from 150 million to 266…
More foreign ownership
The total number of foreign-controlled enterprises in Norway continues to rise, and the strongest growth is in British, North-American and Swedish ownership. Enterprises controlled from…
Brexit may affect Norwegian fishermen
Analysts and fish exporters believe a brexit may affect Norwegian fishermen and lead to a drop in the price of cod. – Half of what…