Majority supports fur industry phase-out

A new survey shows that a majority of Norwegians support the conservative government’s recent decision to phase out the fur industry. The survey was taken after the newly expanded government agreed on the phase-out. The survey was conducted by research firm Sentio for newspaper Nationen, which traditionally is supported by farmers and advocates of rural […]

Oil Fund gushes with new record results

Norway’s huge sovereign wealth and pension fund that’s fueled by the country’s oil revenues reported record results for last year. Commentators quickly reported that the money earned on the so-called Oil Fund amounted to more than NOK 194,000 (USD 25,000) per Norwegian. The actual returns on the fund hit 13.7 percent, according to the annual […]

Hydro accused of pollution in Brazil

Oslo-based industrial firm Norsk Hydro is fending off accusations that its Hydro Alunorte aluminum plant in northern Brazil has polluted water sources used by the local population. After initially denying the accusations, Hydro has formed an “expert task force” to review the situation, and stresses that it is cooperating with “all relevant authorities.” Both local […]

‘Hytte’ sales pick up with economy

Norwegians still love having a hytte, their own holiday cottage in the mountains or by the sea, and prices are picking up. A sure sign of the current winter holidays in Norway have been all the ads for vacation properties with ski trails nearby. “All signs are pointing upwards in our market, and have been […]

Bribery indictments hit Tine, Tetra Pak

A long-time purchasing director for Norway’s dominant dairy cooperative, Tine, has been indicted on charges he knowingly accepted bribes and then tried to hide it from the rest of Tine’s management. He now must defend himself against charges of aggravated corruption. An official of the packaging firm Tetra Pak Norge, which supplies drink cartons to […]

Police raided brokerage firm

Investigators from Norway’s economic crimes unit Økokrim have raided the offices of brokerage firm Nordic Securities in Oslo and Bergen, and charged several people working for the firm. They acted after state financial authority Finanstilsynet filed a complaint, and arrests were made last week. Newspaper Dagens Næringsliv (DN) reported Wednesday that authorities claim the brokerage firm […]

Ski resort to demand use of helmets

The Hovden Alpinsenter ski resort in the mountains of Southern Norway is set to become the first in the country to require use of helmets on its downhill slopes. Insurance companies are rejoicing and hope other alpine resport make helmets mandatory, too. “We’re doing this because we see that helmets are very important as a […]

Postal service profits on service cuts

Norway’s postal service (Posten Norge) is a shadow of its former self, after a wave of post office closures and major cuts in delivery service. It is, however, earning money. Posten reported pre-tax profits last week of NOK 248 million in the fourth quarter, compared to a loss of NOK 167 million in the same […]

OSL Gardermoen sets a new record

Oslo’s main airport at Gardermoen, OSL, opened expanded terminals last year and they’ve been well used already. Airport officials reported over the weekend that traffic through OSL last year set another record. A total of 27 million people traveled through OSL in 2017, an increase of 1.6 million from 2016. Those traveling to and from […]

Oslo wins another Michelin star

Not only are Norwegian athletes raking in honours at the Winter Olympics, the country’s chefs are doing rather well, too. When the Michelin Guide handed out its stars on Monday, all five of Norway’s winners kept theirs while a new Oslo restaurant won one, too. Björn Svensson stuck again. The formerly Swedish chef who landed […]