Finance
Substantial increase in job loss following bankruptcies
As many as 63 per cent more employees have lost their jobs as a result of bankruptcies so far this year compared to the corresponding period in 2019, according to…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Coronavirus has knocked-out Moss Rygge Airport
COVID-19 has knocked out the plans for the owners of Moss Rygge Airport. Now the owners are looking to sell the airport. There have been many ups and downs for the…
Finance
The service industry in Oslo receives salaries after two weeks with open taps
The lifting of the nightclub and bar closures in Oslo has gone smoothly, and there is no basis for introducing a new closure in Oslo, according to the branch. The…
Finance
Record-high travel reimbursements following the Coronavirus outbreak
Travel claims have increased sharply since the Coronavirus outbreak, according to figures the insurance companies have reported to Finans Norge for the first quarter of…
Finance
Marine farming billions disappearing from Norway
Half of the proceeds from the Norwegian fish farming industry are going out of the country, according to a new study. One-third of the industry has foreign ownership.…
Finance
The solar power market in Norway doubled in one year
In 2019, solar panels with a capacity of 51 megawatts (MW) were installed in Norway, more than twice as much as in 2018. The largest growth is in commercial buildings.…
Finance
The Chinese state becomes a major owner of Norwegian
The company BOC Aviation Limited will own 12.67 percent of the shares in the airline Norwegian after the crisis issue. The company is owned by the Chinese state. BOC…
Finance
No deductions for those being laid off and paid in advance
As of Friday, those who have been laid off during the coronavirus measures and have been paid in advance will not get the payments deducted from their unemployment…
Finance
The krone at its strongest level against the dollar since March
On Tuesday morning, the dollar was below ten kroner for the first time since mid-March. The krone has also strengthened against the euro. The reasons are, among other…
Finance
Bankruptcy race among clothing stores in Norway
The clothing industry in Norway has been severely affected by the Coronavirus crisis. Since March, 34 companies have gone bankrupt. In April last year, clothing stores…
Finance
17,400 fewer job seekers in the last week
On Tuesday, 372,500 people were registered as job seekers at Nav. That is 17,400 fewer than a week ago. – “More people are now back at work and this is positive. So far…
Finance
The tax office to reopen gradually
The tax authorities have started a gradual opening of their service offerings. Now 18 tax offices have opened for services that require physical attendance. For now, it…
Finance
Sporveien removes seven out of ten passenger places
The Sporveien rail systems has started to remove seating and standing on its trams and subways in Oslo and Viken. Now 70 percent of the seats will be gone. This weekend,…
Finance
Gasoline and diesel sales plummeted in April
Total sales of gasoline and diesel fell by 21 percent in April. This contributed to a corresponding reduction in CO2 emissions from road traffic. In total, 482 million…
Finance
The government will postpone deadlines for annual accounting filings as well as general meetings
Because of the Coronavirus crisis, the government wants to postpone the deadlines for establishing annual accounting filings, annual reports, general meetings and annual…
Finance
Norway ratifies Agreement on unregulated fishing in the central Arctic Ocean
After the Norwegian Parliament approved a new agreement that aims to prevent unregulated fishing in the central Arctic Ocean and promote scientific research in the…
Finance
Nine out of ten companies in Oslo say no to summer vacancies
This year, it will be difficult for the youth to make money during the summer holidays. In a new survey, nine out of ten Oslo companies respond that they do not want to…
Finance
Sharp fall in residential sales – fear of loads of layoffs
Sales of new homes were almost halved in April, compared with the same month last year. So far this year, new home sales are down by almost a third. All the arrows point…
Finance
Ferry company is asking the authorities to open the borders
The head of Fjord Line requests that the Norwegian authorities gradually open the borders to neighboring countries, first to Denmark and then to Sweden. “Opening for…