118 Siemens employees could lose their jobs
The manufacturing group Siemens has to downsize in Norway because of the oil crisis. 118 employees could lose their jobs. After having been in dialogue…
Finance
6.8 billion Nav-kroner paid to people living abroad last year
Nav paid out a total of 6.8 billion kroner to persons residing abroad last year. The majority of persons who received the money were Norwegian…
House prices up 1.7 per cent
House prices increased by 1.7 per cent from the 4th quarter of 2015 to the 1st quarter of 2016, when adjusted for seasonal variations. Prices…
Oil Service Company notifies wage cuts
The poor state of the oil industry has led to the management in Reinertsen AS ask its employees reduce their salary by 5 percent. The reduction in salary shall also…
Shipyards bankruptcy – 96 lose their jobs
Shipyard Noryard BMV at Laksevåg in Bergen is bankrupt. We have given up hope of achieving a forced debt settlement. The consequence of that is that Noryards BMV on Laksevåg will be filed with the bankruptcy court says Managing Director Paul k. Grimsrud to newspaper Bergen Tidene. 96…
The sun could turn everyone into producers of energy
The combination of sunshine and more profitable technology means that Norwegians eventually can be both consumers and producers of solar energy, according to a new…
Directorate of Taxes looking for Norwegians with money in tax havens
The Directorate of Taxes have faith that they will be given information about the 21 Norwegians who placed money in tax havens with the assistance of…
Rumors of an agreement leads to increase in oil prices
The price of North Sea oil approached $ 45 a barrel Tuesday. The cause of the increase in the price of oil is unconfirmed reports…
Statoil makes money at Mongstad Facility
Having lost billions for several years, the Statoil facility Mongstad is finally making money. Profit before taxes was 3 billion NOK last year and profitability is also…
Employees of nine Expert stores may go on strike on Friday
Retail and Office and Expert are in mediation trying to negotiate a collective agreement for nine stores. If they don’t get an agreement, all the…
Elkjøp increases its number of stores in Denmark
Elkjøp Nordic AS has signed a definitive agreement to acquire ten of the stores of the retail Fona in Denmark. This means the combine will…
Widerøe customers pay plane passenger fee even though it is not introduced
Thousands of Widerøe customers pay 88 kroner in aeroplane passenger fees despite the fact that the fee has not yet been introduced. The money ends…
DNB chairwoman does not rule out people being fired because of disclosures
So far, none of DNB-management have been fired as a consequence of the Panama disclosures, but chairwoman Anne Carine Tanum does not rule out this…
All time record quarter for Norwegian codfish exports
Norway exported cod, saithe, haddock and other demersal to a combined value of NOK 4 billion in Q1. This is 15 per cent or NOK…
The Norwegian cabin crew in Norwegian are ill most often
The Thai cabin crew in Norwegian have an absence rate of 1.5 percent, while Norwegian cabin crew have an absence of 15.8 per cent, the…
Yara is investing 2 billion in factory in Brazil
Set for completion in 2020, the investment will create one of the biggest and most modern fertilizer sites in the Americas. “This expansion represents…
Marine Harvest says up 500 employees in Chile
Marine Harvest has decided to reduce its manning in Marine Harvest Chile by up to 500 employees due to the recent algal bloom and poor…
Experts believe that Norwegian restructuring will benefit from involvement in Asia
– Asia has never been more important for the Norwegian economy, says Innovation Norway’s Asia leader. At tuesday Prime Minister Erna Solberg opens a major…
Strong gains for Norwegian salmon exports in Q1 2016
Norway exported salmon to a market value of NOK 13.4 billion in Q1. This is an increase of 21 per cent, or NOK 2.34 billion…
Decrease in production of poultry
A total of 332 800 tonnes of meat from domestic animals were approved for human consumption in 2015, a decrease of 2 per cent from last…