Finance
Agreement on fast track for refugees jobs
The Government and their business partners are announcing a collaborative effort for getting more refugees quickly into work. A collaborative statement to that effect…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Unemployment at 4.7 per cent
Adjusted for seasonal variations, there were 130 000 unemployed persons in March 2016, which is on a par with December 2015. The Labour Force Survey (LFS) has shown a…
Finance
Schlumberger warn of new cuts in Norway
The oil services company Schlumberger is faced with a difficult market situation and warn of new cuts in their Norwegian operations. – This will be done through layoffs…
Finance
Oil Fund said no to Facebook
Before the IPO in 2012 Facebook wanted the oil fund to be one of the investors. The Oil Fund then refused the offer, but since then they have aquired shares to the value…
Finance
Norwegian competitiveness is weakened, according to ranking
Norway drops two places and is now at ninth place in a new ranking of the world’s most competitive economies. Norway drops from seventh place in the ranking of…
Finance
Construction company paid 55 Norwegian kroner per hour
The Labor Inspection Authority believes that a building firm in Trondheim is behind several offenses. Among other things, employees have received a salary of down to 55…
Finance
Nav has received more notifications about layoffs this year than last year
Nav received 5,600 notifications of layoffs and termination of contracts in April. That’s almost twice as many as they received one year ago. Of the 5,600 notifications…
Finance
One out of three lorries are Norwegian-registered
One third of all the lorries that crossed the Norwegian border by road were Norwegian-registered in the first quarter of 2016. Norwegian lorries are still dominant, but…
Finance
More SAS flights despite flight tax
SAS has set up a wide range of new departures in winter despite protests against the new passenger tax and worries about a decline in the number of tickets being…
Finance
DNB illegally stored employee email
DNB admit to having illegally stored emails of former employees, even though the bank is required by the Inspectorate to delete them. DNB apologize and admit to…
Finance
UDI has paid 2.5 billion to large asylum companies
In 2015 and so far in 2016 the Directorate of Immigration (UDI) has paid nearly 5 billion kroner to operators of reception centers. The six largest have got the half of…
Finance
Tine dairies move more of the Jarlsberg-production to Ireland
Tine will expand its operations in Ireland and move the production of 10,000 tons of Jarlsberg cheese to the country. On Thursday, the Board of Tine decided to begin…
Finance
Øystein Olsen appointed governor of Norges Bank for a second six-year term
Øystein Olsen was appointed Governor of Norges Bank by the Council of State for a second six-year term on Friday 27 May. “I look forward to a new term as Central Bank…
Finance
70 million kroner for environmentally friendly ships
The Government will provide an additional 70 million kroner to the development of climate-friendly ships through a new aid scheme. Through this arrangement, we want to…
Finance
SSB alerts even lower oil investments
Oil investments will fall also next year, according to figures from Statistics Norway. The estimate is 14.6 percent lower than for 2016. The total investment in oil and…
Finance
Large state-owned companies lagging behind on the public opinion survey
Large state-owned corporation like Statoil, DNB and Telenor all experience a decline in the public opinion on TNS Gallup’s annual public opinion survey. The Wine…