Finance
Telenor stops 200,000 telephone fraud attempts daily
Despite the fact that Telenor blocks around 200,000 attempts at telephone fraud every day, there are some who do succeed. The so-called “Olga scams” are spreading. With…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Sharp decline in activity
According to Regional Network contacts, the Covid-19 outbreak and containment measures have led to a sharp fall in economic activity this spring. The oil price fall has…
Finance
Sats preparing to reopen fitness centers in Norway and Denmark
On Monday, the fitness center chain Sats has called back employees, and the company says that they are preparing to reopen fitness centers in both Denmark and Norway.…
Finance
The oil industry must halve greenhouse gas emissions by 2030
The broad oil tax agreement from Stortinget imposes strict requirements on cuts in the greenhouse gas emissions from the Norwegian continental shelf. In the agreement,…
Finance
Fewer fears for loss of jobs after the Coronavirus outbreak
19 percent have either lost their jobs, been laid off or feared for their jobs. After the first week of the Coronavirus outbreak, 34 percent reported the same, according…
Finance
Bleak prospects for the Norwegian labour market
Norwegian employers expect staff reductions to continue as a result of the Corona crisis. Today’s record high unemployment figure seems to be continuing throughout the…
Finance
Norway providing civil society organisations with NOK 4.3 billion in aid funding
The Government is now providing civil society organisations with NOK 4.3 billion to support their work in poor countries. This is the largest overall amount ever…
Finance
Coronavirus pandemic leads to slower mail delivery from abroad
Mail delivery from abroad is much slower than usual. Mail is now sent by ship across the Atlantic rather than by air. Deliveries that would normally only take a few…
Finance
Vy drops night trains on the Bergen railway this summer
Vy has canceled all night trains on the Bergen railway this summer as a result of passenger failure. – “Right now, 85 percent of our passengers are gone. We do not have…
Finance
SAS informs employees of layoffs in the following week
SAS has called their cabin-crew employees to inform notice on layoffs in the coming week. The company will cut down a total of 1,300 permanent employees in Norway. In a…
Finance
Telenor employees can choose where to work from
On Wednesday night, Telenor CEO Sigve Brekke announced to all employees that they could choose where to work from in the future and not have to physically meet at the…
Finance
Downsizing in the oil sector increases
Despite falling numbers of Coronavirus contaminations and rising oil prices, Tekna members report increased in staff reductions in the oil sector. In a survey Tekna has…
Finance
11,000 companies have been denied emergency aid
One of four companies that have applied for support during the Coronavirus crisis has been rejected, figures from the Tax Administration show. It is Dagens Næringsliv…
Finance
The Norwegian krone strengthens
Over the course of a week, the Norwegian krone has strengthened significantly as a result of rising oil prices and reduced market risk. The Norwegian currency was the…
Finance
Record-high amounts of snow provide the cheapest electricity in history
Never before has Norway had such cheap electricity. Melting record-high amounts of snow lead to power prices to a historic bottom. On Wednesday, the electricity price…
Finance
Norwegian seafood exports fall in value in May
The value of Norwegian seafood exports fell for the second month in a row. In May, Norway exported seafood worth NOK 7.8 billion. This represents a reduction of NOK 764…
Finance
This year’s salmon season is underway
From midnight, this year’s salmon fishing started. One thing was missing: around 10,000 foreign salmon fishermen, who currently have to stay at home. The salmon season…