Finance
Agreement reached out to increase the defense budget by 400 million
Government parties and the Labor Party will be agreed to increase next year’s defense budget for about 400 million Kroner. However, this would not be enough for the…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
More trains to run between Oslo and Stockholm
Due to a steady rise in passenger numbers, the train route between Oslo and Stockholm is to increase the number of daily departures from three to five. Managing Director…
Finance
Quick consumer loans may be prohibited
Norwegians consumer debt has almost doubled in eight years. A report the government has ordered, concludes that it may be prohibited to promote “simple, easy and fast”…
Finance
New record year for the fishing fleet
Norwegian Raw Fish Organisation has traded wild fish for over NOK 10 billion in Northern Norway and Trøndelag so far this year. This already exceeds last year’s figure…
Finance
Marine Harvest shows record figures
The Livestock Company, Marine Harvest has never had better operational ‘Earnings Before Interest & Tax’ (EBIT) than those presented for this year’s third quarter. ‘High…
Finance
Higher house prices and high debt makes financial system vulnerable
Strong growth in house prices and high household debt is increasing the vulnerability of the Norwegian financial system, according to Norges Bank. An abrupt decline in…
Finance
45,000 Norwegians are asked to block their credit cards
The card companies asking 45,000 Norwegians to block bank cards for use in a foreign shop. The recommendation comes after a major fraud case is rampant. – There is talk…
Finance
More use of credit cards for everyday transactions
In recent years, more and more Norwegians began using credit cards for small purchases, according to a new analytical report. The Consumer Council warned that it could…
Finance
Decline in new car sales in October
In October, 11,932 new passenger cars being registered with a decrease of 9.6 percent compared with the same month last year. This is 1,265 fewer cars than in October…
Finance
Airlines cut domestic routes and reduce deals
SAS and Norwegian are cutting routes after an airline passenger fee was introduced in May. It goes beyond domestic routes and scheduled holiday routes next summer. – We…
Finance
40,000 fewer jobs in the oil industry
Over 40,000 jobs in the oil and gas industry have been lost since the beginning of 2014, according to figures from DNB Markets. Although oil prices are on the rise,…
Finance
Swedish company director charged with illegal insider trading in Norway
A Swedish company director and business manager was arrested last Wednesday in Stockholm at the request of Norwegian authorities. On Saturday he was detained for one…
Finance
Statoil appoints a committee after IT failures
Statoil will scrutinize their own IT security following several unfortunate incidents after their IT work was outsourced to a company in India. Statoil had on Friday…
Finance
New roads ahead of schedule
E6 Kolomoen-Moelv will be partially opened as soon as 2018, according to “Nye Veier” (New Roads), the company the government has established to accelerate road…
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Reports published without a photograph- Finance
Rec Silicon must terminate 70 employees
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Price increase at OBOS homes leveling off
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Solberg will look at unemployment packages in the spring
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Norwegian interests in the disputed pipeline in the US
- Finance
Debt growth increases
- Finance
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