Economics

The Research Council of Norway has pledged 160 million NOK for the establishment of eight new research centers that will work on sustainable energy production. The project has an overall …

Negotiations between NHO Service (the Norwegian confederation of the industries of services) and Parat have broken down, and if arbitration is unsuccessful, the result will be a strike at Oslo …

Norway’s industry safety body has formally imposed an order on BP to act on its crane maintenance and materials handling on the Ula and Valhall facilities. It comes after “serious” …

The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to Engie E&P Norge for well 36/7-4 in offshore Norway. Engie will use the Transocean Arctic drilling facility at position …

Norway’s sovereign wealth fund has grown its share in a multi-billion-dollar US office portfolio, acquiring a further 4% stake for $142m (€125m). Norges Bank Investment Management (NBIM), responsible for the …

In the new white paper on direct ownership in state-owned enterprises the Government asks for consent to reduce state ownership in several companies. In the new white paper on direct …

You have finally done it, decided to visit Norway. Now the fun of planning for your trip begins. Today’s traveler has access to a wide array of websites to help …

Norway’s sovereign wealth fund should encourage companies within its portfolio to be more transparent about their tax affairs, according to the country’s Parliament. In a report by the Storting’s cross-party …

Foreign workers are leaving Norway like never before, new figures from Statistic Norway (SSB) show. Norway’s economic recession has led to high unemployment rates among foreign workers and according to …

Ryanair has come under attack for deciding to close its base near Oslo – a move that is expected to result in the loss of 1,000 jobs – after Norway …

Norges Bank Investment Management (NBIM) has welcomed the Financial Stability Board’s efforts to draft “homogeneous, appropriate and consistent” reporting guidelines for climate risks. The manager, responsible for Norway’s NOK7.1trn (€763bn) …

Norway’s largest farmer-owned dairy co-operative TINE are to open a new Jarlsberg cheese production facility in Ireland. The project will see TINE form a partnership with Dairygold’s existing speciality cheese …

The Norwegian Export Credit Agency (GIEK) has said that the sharp downturn in the offshore industry means that a massive 50 per cent of its NKr102 billion (US$12.3 billion) loan …

When Snøhetta was approached to develop and identity for Høyskolen Kristiania it developed a concept that would embrace the school’s holistic focus on the individual rather than education alone. Høyskolen …

European lobby group Airlines for Europe (A4E) said it is “astonished” that Norway’s government is pressing ahead with a new airline passenger tax despite evidence that such levies depress demand …

Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components, today announced it has closed a $10 million growth debt facility with Harbert European Growth Capital …

Lexus is by far the car brand which the Swedish and Norwegian car owners are most satisfied with. It is the fifth year that Lexus is included in the AutoIndex …

The initial launch comprised two flavours, peach and lemon with a black tea base. The new addition to the range is a citrus green tea variant. Imsdal is Norway’s leading …

Departing IRO Pål Kildemo promoted to head of finance for primary metals division. Finance executive Stian Hasle has been promoted to lead the IR team at Norsk Hydro. Hasle has …

SHANNON Airport is well positioned to tap into any potential deal for a new carrier to fly to the United States, if the way is cleared by US authorites for …

Hillary Clinton is urging the White House to reject Norwegian Air’s application to fly to the United States over questions about its labor practices, adding her voice to a growing …

An oil-dependent economy straddling the Arctic Circle, battered by low prices but sitting on a massive savings account. That could describe Alaska, but it also describes Norway. Norway’s ambassador to …

Norway-based mobile operator Telenor Group has acquired Malaysia-based licensed money services business Prabhu Money Transfer Sdn Bhd, in order to reinforce its mobile financial services footprint in Asia. The terms …

Norway exported seafood worth NOK 21.3 billion in Q1 2016, – an increase of 22 per cent or NOK 3.8 billion compared with Q1 2015. For the month of March …

Oslo Guldsmeden was the first hotel in Norway to be awarded Green Globe certification. Green Globe recently recertified the property for the fourth consecutive year. The Oslo Guldsmeden is an …