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Business - General Business

The Kongsberg Group has signed a contract modification with the US Army increasing the existing CROWS II frame contract with NOK 508 million for purchase of spare parts and depot support.


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Business - General Business

Norwegian telecommunications provider Telenor has reported Second Quarter revenues of NOK 25.4 billion, representing an organic revenue growth of five per cent. (Photo: Telenor CEO Jon Fredrik Baksaas)


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Business - General Business

Norwegian company Kongsberg Automotive has entered into a contract with a European car maker for the delivery of seat comfort products. The contract is worth 287 million Euro (NOK 2,150 million).

 


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Business - General Business

The final blade of the eighty-eighth and last wind turbine at the Sheringham Shoal Offshore Wind Farm was bolted into place this week marking one of the few remaining milestones in the construction of this 317MW project in the Greater Wash the coast of North Norfolk.


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Business - General Business

The Norwegian company Applica Training Systems (ATC) has signed a contract with the US Defence for the development and delivery of a computer-based training program for F-35 fighter pilots.


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Business - General Business

The traditional, Norwegian porcelain factory Porsgrunn will most likely have to close as a result of poor sales and a loss of NOK 3,5 million.

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Business - General Business

The Court of Human Rights has today unanimously ruled that the Norwegian ground lease law § 33 violates the Human Rights  Convention Article 1.


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Business - General Business

Norwegian aluminum producer Hydro is considering moving its aluminum production abroad, CEO Sven Richard Brandtzæg says.

 


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Business - General Business

A total of 16 279 new enterprises were registered in Norway during the first quarter of 2012. This is 12 per cent more than in the first quarter of 2011, Statistics Norway reports.


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Business - General Business

The unemployment rate in Norway was 3 per cent of the labour force in March 2012. This represents a decrease of 0.3 percentage points compared with December last year.


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