Breaking News:

2:45:54 am CDT AM

Tuesday, 28 May 2013

Business

Labour import gives economic growth

Business - Money and Finance

Wednesday, 29 May 2013 02:45

The import of labour from the new EU member nations gives Norway a low interest rate and high economic growth, according to many economists.

Call for joint administration of fisheries in the North

Business - Fisheries and Fish farming

Wednesday, 29 May 2013 02:45

The Vice Governor of Murmansk, Vjatsjeslav Zilanov, who is also responsible for fisheries, has called for the establishment of a joint center for the administration and control of the fisheries in the Barents Sea. The joint fisheries commission meets on Monday.

Call for joint administration of fisheries in the North

Business - Fisheries and Fish farming

Wednesday, 29 May 2013 02:45

Telenor invests in Thai Telco Holdings

Business - General Business

Wednesday, 29 May 2013 02:45

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..

Expensive Norwegian beer

Business - General Business

Wednesday, 29 May 2013 02:45

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

Major Norwegian offshore contract in China

Business - General Business

Wednesday, 29 May 2013 02:45

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

Foreign firms use false labour contracts

Business - General Business

Wednesday, 29 May 2013 02:45

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.

Oil & Gas: Fire threatened Aasgard platform

Business - Shipping, Oil and Gas

Wednesday, 29 May 2013 02:45

The crew were able to extinguish a fire in a generator onboard the Aasgard B platform in the Norwegian Sea on Saturday. It was not necessary to evacuate the platform.

Plans for ocean-based windmill-parks

Business - General Business

Wednesday, 29 May 2013 02:45

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

Gas leak closes Sleipner

Business - Shipping, Oil and Gas

Wednesday, 29 May 2013 02:45

The 217 workers on the Sleipner A-platform were ready to enter the lifeboats after a gas leak was registered Wednesday. However the situation was quickly brought under control.