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Small businesses critical of the government’s electricity support package

Photo: Javad Parsa / NTB

SME Norway, the interest organization for small and medium-sized enterprises, says the electricity support package for business is bureaucratic and complicated.

SME Norway CEO Jørund Rytman told E24 that he is disappointed that NHO and Virke support the government’s electricity subsidy package and that his organization had not agreed to support it.

“I hope I’m wrong, but I think we’ve only seen the beginning of a bankruptcy wave,” Rytman said.

He calls it “sensational” that NHO and Virke accepted the government’s package. During the press conference when the package was presented, NHO chief Ole Erik Almlid said the scheme was not perfect.  

“It’s better than nothing, but there is symbolism in the fact that they are presenting this together with the Minister for Business,” Ryman added.

“At first glance, this electricity package appears like a ticking bureaucratic bomb. It is too little, too late, and it seems far too complicated to make use of these measures. If you have had the smallest companies in mind when you have designed this, then it shows a lack of understanding of how everyday business life works in practice,” Rytman warned in a press release from SME.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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