Finance
Tine planned to reduce the cost up to 69 million NOK
Tine will save 69 million by closing down the creamery facility in Hardanger and move parts of its production, said by company. Production of cream cheese should be…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Today is the day of the tax refunds
Most people who received a tax refund, will get the money into their accounts during this Wednesday. 2.5 million Norwegians will get back 28 billion in total in taxes,…
Finance
Head of NHO: Brexit will not strengthen Norway
The head of NHO, Kristin Skogen Lund, do not think Norway and a UK which has left the EU can join together for a common agreement with the EU. – Because of the EEA…
Finance
Analyst expects rig death in North Sea
The level of unemployment for people working at rigs in the oil sector will continue to rise, and many of the rigs that become vacant will probably not return, Nordea…
Finance
Nearly 200 people will lose their jobs at Oslo hotel
190 employees will lose their jobs from January when Petter Stordalen is to start the work of altering Clarion Hotel Royal Christiania to the largest hotel in Norway. –…
Finance
Brexit will lead to low interest rates and few bright spots for Norway
Low interest rates and weak economic growth for a long time may be the consequences for Norway of a possible British withdrawal from the EU, analysts say. – There will…
Finance
Strongest growth in loans to employees in Sør-Trøndelag
Total loans from banks and mortgage companies to employees in Norwegian counties increased by 6.9 per cent in 2015 to NOK 2 310 billion. Sør-Trøndelag county had the…
Finance
Northern Norway needs more manpower
While the unemployment rate is getting higher in the southwestern part of Norway, several businesses in Northern Norway are having a hard time recruit people. – The…
Finance
Hotels revenue halved in Stavanger
Hotels in Stavanger have gone from being the country’s most profitable to a halving of the revenue in just over a year. ‘No one makes money there now’, says Chief…
Finance
Analysts believe that rate will remain unchanged in Norges Bank
Norges Bank have communicated that the key rate should go further down to zero this year while analysts do not believe in rate changing on next reoccurring Thursday’s…
Finance
Norwegian permitted to use foreign crews on Norwegian registered aircraft
Norwegian gets the permission to use crew from other continents on Norwegian-registered aircraft, the newspaper Dagens Næringsliv reports. The issue has been under…
Finance
Retail sales for NOK 68 billion
The turnover in retail sales was almost 68 NOK billion in January and February this year; an increase of 3.4 per cent from the same period last year. By comparison, the…
Finance
Norway less expensive viewed from abroad
The price level in Norway viewed from abroad has decreased in the last two years. In 2013, the general price level in Norway was 55 per cent higher than the average…
Finance
Large demand for store jobs worries experts
Experts are concerned about the large influx of applicants for vacancies at grocery chains . Last year Kiwi got 65,352 applications for 1,347 vacancy announcements. That…
Finance
Faster and cheaper to build housing
The government proposes several rule changes that will make it faster, cheaper and easier to build housing. Simpler rules can reduce the time required for processing in…
Finance
Estate agent heads predict higher prices in Oslo
Housing prices in Oslo are quickly increasing and will rise by at least 25 percent during 2016 and 2017, estate agent heads talking to Finansavisen predict. – The trend…
Finance
Positive developments in the Norwegian economy
Norwegian economy is probably about to reach a turning point, and optimism increases among businesses in this country, the NHO’s report for the second quarter shows. The…