Finance
Pfizer expects to earn billions from corona vaccine sales in 2021
The pharmaceutical giant Pfizer expects to sell COVID-19 vaccines for USD 26 billion this year, a sharp upward adjustment from previous forecasts of USD 15 billion.
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Norway’s direct oil revenues in the first quarter of 2021 amounted to 26 billion kroner
The Norwegian state's direct revenues from the oil business amounted to NOK 26 billion in the first quarter. This corresponds to the cash flow for the last two quarters…
Finance
House prices in Norway rose by 0.2% in April
House prices rose by 0.2% in April. As a result, house prices in Norway have risen by a total of 12.2% in the last twelve months.
Finance
Norwegian cuts 1,200 jobs in Spain
Norwegian plans to cut 85% of its staff in Spain. Around 1,200 cabin crew employees will lose their jobs as part of the company's restructuring.
Finance
Financial Supervisory Authority fines DNB 400 million kroner for violating Money Laundering Act
DNB has been fined NOK 400 million for violating the Money Laundering Act. The fee from Finanstilsynet (Norway's Financial Supervisory Authority) comes after a money…
Finance
Christian Democrats oppose Solberg’s new tax cuts: “The time for major tax cuts is over”
The Christian Democrats (KrF) and Kjell Ingolf Ropstad have been supporting cutting taxes by NOK 34 billion since 2013. Now, they decided to oppose new tax cuts.
Finance
Car sales in Norway increased sharply in April
A total of 13,166 new passenger cars were registered in April this year, 77% more than in the same month last year. Over half were electric cars, with Volkswagen ID.4 at…
Finance
NAV: Number of job seekers in Norway fell by 2,100 in April
At the end of April, 202,600 fully unemployed workers, partially unemployed workers, and job seekers were registered for measures at the Norwegian Labor and Welfare…
Finance
The price tag for Norway’s military contribution in Afghanistan? 10.5 billion kroner
In total, the military effort in Afghanistan has cost Norway NOK 10.5 billion, according to the Forsvarets Forum.
Finance
SSB: Cabin sales in Norway grew by 49% compared to the same quarter of last year
Just over 3,600 cabins and holiday homes were sold at a price that corresponds to the market value in the first quarter of the year.
Finance
Norwegian state sells all its shares in Aker companies
On Thursday, the Norwegian state sold all its shares in Aker Carbon Capture and Aker Offshore Wind.
Finance
Emergency corona funding ready for distribution, 103 million kroner allocated for Norwegian sport
This week, 6,450 sports players will receive more than NOK 100 million in corona emergency support from the Ministry of Culture.
Finance
Danish stores set March record after reopening
Retail sales in Danish stores rose by 19.8% from February to March - the highest recorded level - after they were allowed to open their doors again.
Finance
IMF: Norway’s economy will grow by 3.2% in 2021 and recover corona losses
By the end of the year, Norway's GDP will grow by 3.2% and will be larger than before the corona pandemic.
Finance
Norwegian Minister of Labor warns about danger of employers abusing home office
“Home office should not be a lawless area,” Minister of Labor and Social Affairs Torbjørn Røe Isaksen (H) said. New rules will soon apply. Today’s “Regulations on work…
Finance
Liberal Party opposes new oil exploration licenses on the Norwegian continental shelf
The Liberal Party (V) does not want new licenses to be issued for oil exploration, the party's national leadership decided on Friday night.
Finance
The Fagforbundet union is giving 6.5 million kroner in election campaign support to the Labor Party
The Norwegian Union of Municipal and General Employees (Fagforbundet), which is the largest union in LO, will provide millions of kroner in campaign support to the three…
Finance
Norway’s Enova lowers support for purchases of electric commercial vehicles from 40% to 30%
The number of newly registered electric commercial vehicles has skyrocketed since the New Year. Enova is now adjusting the support rate down from 40% to 30%.
Finance
Norway is launching a new subsidy scheme for ethnic diversity in working life
A new subsidy scheme will help strengthen diversity work in working life, the Norwegian government states.
Finance
Experts believe house prices in Oslo will continue to fall
In March, Oslo house prices fell by 1.2%. Now, several experts in the industry believe that prices will fall further in April.