The Norwegian Pension Fund, or National Oil Fund, as it is also known, has for the first time invested in properties in the US, purchased from the US Pension Fund TIAA-CREF.
Many analysts feared that the global financial crisis and unemployment would also reach Norway this year. Instead, new prognoses show that this will not happen.
Approximately 40,000 citizens from within the European Economic Area (EEA) and close to 10,000 workers outside of the EEA were granted work permits in Norway last year.
The value of Norwegian exports of military equipment in 2012 fell by over NOK 100 million or 4 per cent, compared to 2011, to a total of NOK 2.5 billion. Exports to the USA showed a further decline.
Only two years after the osmotic power prototype was opened at Tofte in Hurum (photo), Norway's Statkraft has started to assess a location for a possible pilot facility of 1-2 MW.
The Norwegian construction company Kvaerner has been awarded a contract to build the Garrison Energy Center, a 309MW combined cycle gas-fired power plant in Dover, Delaware.
An agreement has been signed to merge the Norwegian classification company Det Norske Veritas (DNV) and Germanischer Lloyd (GL). The new entity will be called DNV GL Group, and will be headquartered in Norway.
The Telenor Group has announced that the company has been successful in securing spectrum license to provide mobile telephony services in six telecom circles in India.
In India, Norwegian telecom company Telenor has transferred all its shares in Uninor to a new wholly owned Indian entity, Telewings Communications Pvt. Ltd. (Telewings).
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Many analysts feared that the global financial crisis and unemployment would also reach Norway this year. Instead, new prognoses show that this will not happen.
Approximately 40,000 citizens from within the European Economic Area (EEA) and close to 10,000 workers outside of the EEA were granted work permits in Norway last year.
The Telenor Group has announced that the company has been successful in securing spectrum license to provide mobile telephony services in six telecom circles in India.
