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Business - General Business

Smedvig has entered into an agreement with Malaysia Marine & Heavy Engineering Sdn Bnd in South Malaysia for the building of a new self erecting tender rig, T-10, scheduled to be delivered in June 2007.

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Business - General Business

Staff reductions in Norwegian industry have ended, and companies are expecting increased employment this year. This is shown by fresh figures from the trade organization Norsk Industri.

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Business - General Business

The Norwegian Supreme Court has ruled that Telenor does not have to pay the state NOK 2.4 billion in taxes, on an internal sale of shares five years ago which resulted in a loss which Telenor claimed was tax deductable. 

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Business - General Business

Swedish Mats Jansson (54) has been appointed new CEO of the SAS airline. He succeeds Danish Jorgen Lindegaard who has led the airline through a turbulent period of restructuring and cut-backs

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Business - General Business

The Norwegian company Teco Management has acquired the Canadian Davie Industries' shipyard in Quebec, which has been in financial difficulties.

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Business - General Business

Aker Kvaerner has signed a letter of intent with Statoil to provide the engineering, and assistance to Statoil on the procurement and construction management for the upgrade of the group's Mongstad refinery, north of Bergen, Norway.

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Business - General Business

Two of Norway's major farmer cooperatives have announced plans for a merger. Egg and poultry producer Prior and meat producer Gilde will become Gilde Prior, in response to increased competition from abroad.

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Business - General Business

The Nordic Council of Ministers for Labour and the Work Environment has discussed the enlarged EU labour market and its effects on the Nordic countries.(Photo : The Norwegian Minister of Labour and Social Inclusion, Bjarne Haakon Hansen)

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Business - General Business

A large German retailer has chosen TOMRA as its supplier of reverse vending machine systems for non-refillable beverage containers. There is also a frame contract for further orders in 2007 and 2008.

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Business - General Business

Norwegian employees will in 2006 spend altogether 2.6 million workdays on deleting spam or junkmail, according to estimates made by Commtouch. The cost - nearly NOK 3 billion.

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