General Business

Hydro's best quarterly results ever

Business - General Business

Thanks to oil and gas, Hydro on Tuesday posted the best quarterly result ever. Hydro's income from continuing operations for the third quarter of 2005 amounted to NOK 4,183 million (NOK 16.60 per share), compared to NOK 2,480 million (NOK 9.80 per share) for the third quarter of 2004..

Tuesday, 25 January 2005 08:01

Green energy contract for Aker Kvaerner

Business - General Business

Aker Kvaerner has secured a contract for a turnkey delivery of a biofuel-fired power station in Scotland in a consortium with Siemens. The consortium will be the main supplier of the largest dedicated biomass power plant in the UK..

Tuesday, 25 January 2005 07:01

Hydro's best quarterly results ever

Business - General Business

Tuesday, 25 January 2005 07:01

Telenor invests in Thai Telco Holdings

Business - General Business

Telenor has acquired a 49 per cent stake in Thai Telco Holdings.
Telenor Asia has purchased the shares from the Bencharongkul family for NOK 1.4 billion..

Friday, 21 January 2005 07:01

Expensive Norwegian beer

Business - General Business

Norwegians pay more for their beer than their cousins in the other Nordic countries. Norwegian beer is twice as expensive as Danish beer.

Tuesday, 18 January 2005 07:01

Major Norwegian offshore contract in China

Business - General Business

The small Norwegian company APL has acquired a large contract for offshore production equipment in China. The contract is worth NOK 400 million.

Tuesday, 18 January 2005 07:01

Foreign firms use false labour contracts

Business - General Business

Polish firms in Norway use false labour contracts which show lower salaries than their workers actually receive, according to NRK. The aim is to pay lower taxes both in Norway and Poland.

Monday, 17 January 2005 07:01

Plans for ocean-based windmill-parks

Business - General Business

The national energy producer Statkraft and Shell plan to invest NOK 11 million on the development of ocean-based windmills off the Norwegian coast..

Friday, 14 January 2005 07:01

VCP picks Aker Kvaerner to supply wash presses

Business - General Business

Votorantim Celulose e Papel (VCP) has awarded Aker Kvaerner a contract for two wash presses for the Jacare

Friday, 07 January 2005 07:01

Aker Kvaerner acquires subsea tie-in contract

Business - General Business

Aker Kvaerner Subsea has been awarded a contract for supply of tie-in and connection system for Hydro's Fram Oest and Vilje Field Development in the North Sea. The total contract value for the two projects are approximately NOK 23 million

Thursday, 06 January 2005 10:01