Expert believes a bankruptcy wave could hit Norway in 2021
There are still fewer bankruptcies and foreclosures than last year, but the difference is flattening out. The expert expects the bankruptcy wave to hit Norway…
Bankruptcy
The surprising bankruptcy figures for August
August saw 33% fewer bankruptcies than in the same month last year. There were 184 bankruptcies in August, compared to 274 in August 2019. A…
More and more people are losing their jobs due to Employers filing for bankruptcy
Three times as many people have lost their jobs as a result of bankruptcies since Norway shut down on March 12, compared to the same…
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…
Over six out of ten tourism companies fear bankruptcy
The Coronavirus crisis is causing over six of ten tourism companies to fear bankruptcy, according to a recent survey. 125,000 jobs are at risk, says…
Bankruptcy of the Superdry chain – up to 60 employees affected
Several of the stores in the Superdry clothing chain have filed for bankruptcy. Between 50 and 60 employees are affected. “I can now inform that…
Clothes chain Pm file bankruptcy
The nationwide clothing chain Pm has lost its battle to bankruptcy after spending a lot of money in the last three years. The clothing…
Power broker Einar Aas signs for probable personal bankruptcy
Speculator, Einar Aas, one of Norway’s most wealthy men,had a forced sale of his entire portfolio on Wednesday.Now he’s probably signing for personal bankruptcy. …
Bankruptcy record looming in Norway
Norway perilously close to bankruptcy record The latest bankruptcy report from the data and analysis company Bisnode shows strong growth in bankruptcies and foreclosures in Norway….
FlyViking airline bankrupt after just seven months
The airline, FlyViking, who started flying in March this year, put an end to the business, and will stops flying on the 12th of January…
100 Potential buyers of Norske Skog plants
About 100 potential buyers of Norske Skog plants According to Dagens Næringsliv, around 100 potential buyers are interested in Norske Skog factories, but the board…
Norske Skog heads towards bankruptcy
Stock plummets for Norske Skog – The company heading for bankruptcy On Thursday, Norske Skog ASA (Norwegian Forrest Industry Incorporated) stock market value fell by…
70 must go after steelworks bankruptcy in Jørpeland
A Steel Plant in Jørpeland in Rogaland is in bankruptcy and 70 people’s contracts are being terminated. – We have had challenges, yet we had…
Fred. Olsen Energy must pay 60 million to bankrupt
The rig company Fred. Olsen Energy is sentenced to pay 60 million to bankrupt estate Bergen Group Hanøytangen, according to an arbitration award. Bergen Group…
Havila Shipping avoided bankruptcy
Havila Shipping avoid bankruptcy after the company agrees with two-thirds of bondholders on a rescue plan for the debt-ridden company. – The Company is pleased…
Shipyards bankruptcy – 96 lose their jobs
Shipyard Noryard BMV at Laksevåg in Bergen is bankrupt. We have given up hope of achieving a forced debt settlement. The consequence of that is that Noryards BMV on Laksevåg will be filed with the bankruptcy court says Managing Director Paul k. Grimsrud to newspaper Bergen Tidene. 96…
Analysts fear bankruptcy surge in the oil service
24 of the oil service companies on the Oslo Stock Exchange has had a price drop of over 90 percent. Analysts are expecting a number…
