Economic losses faced by Norwegian grain farmers due to the unusually wet summer is increasing, and the Norwegian Farmers' Association estimates that losses have now reached NOK 600 million.
Norsk Hydro ASA has signed an agreement to divest its 35 percent interest in the Jamaican bauxite and alumina partnership Alumina Partners of Jamaica (Alpart) to UC Rusal for a cash consideration of NOK 250 million (USD 46 million).
Norway's foreign debt amounted to NOK 3 474 billion at the end of the 2nd quarter of 2011. This is a reduction of NOK 68 billion from the previous quarter.
Foreign investors are buying up Norwegian shares and national debt in an effort to take advantage of the Norwegian krone which is very strong at present.
Norwegian aluminum producer Hydro is breaking ground for a new extrusion press in Suzhou to help satisfy the growing local demand of high-value extruded aluminium products and solutions.
The heavy rainfall over South Eastern Norway continues, and Norwegian farmers stand to lose NOK 500 million, according to the Norwegian Farmers' Association, mostly from ruined grain crops.
Scandinavian Airlines (SAS) set a punctuality record last month and thereby became the world's most punctual airline for the second month in a row, according to Flightstats.
The One Young World 2011, held in Zürich, has ended, and the 1200 delegates from 170 countries around the world are returning home to share impressions and experiences, with the call for a new beginning. (Photo: Norwegian delegate, Javad Mushtaq)
The Orkla Group has sent a letter to shareholders in Jotun AS offering to buy their A shares at a price of NOK 70,000 per share. Orkla wishes to increase its exposure in its current core areas.
The heavy rains in Norway this summer will most likely result in a poor grain harvest this year, Aftenposten reports. The fields are too wet for the use of combines or other farm machines.
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Economic losses faced by Norwegian grain farmers due to the unusually wet summer is increasing, and the Norwegian Farmers' Association estimates that losses have now reached NOK 600 million.
Norsk Hydro ASA has signed an agreement to divest its 35 percent interest in the Jamaican bauxite and alumina partnership Alumina Partners of Jamaica (Alpart) to UC Rusal for a cash consideration of NOK 250 million (USD 46 million).
Norway's foreign debt amounted to NOK 3 474 billion at the end of the 2nd quarter of 2011. This is a reduction of NOK 68 billion from the previous quarter.
Foreign investors are buying up Norwegian shares and national debt in an effort to take advantage of the Norwegian krone which is very strong at present.
The heavy rainfall over South Eastern Norway continues, and Norwegian farmers stand to lose NOK 500 million, according to the Norwegian Farmers' Association, mostly from ruined grain crops.
Scandinavian Airlines (SAS) set a punctuality record last month and thereby became the world's most punctual airline for the second month in a row, according to Flightstats.
The One Young World 2011, held in Zürich, has ended, and the 1200 delegates from 170 countries around the world are returning home to share impressions and experiences, with the call for a new beginning. (Photo: Norwegian delegate, Javad Mushtaq)
The Orkla Group has sent a letter to shareholders in Jotun AS offering to buy their A shares at a price of NOK 70,000 per share. Orkla wishes to increase its exposure in its current core areas.
