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Tag: construction

Plummeting new home sales ‘worrying’

New home sales dropped sharply in January to 40 percent below the same time last year, according to the latest figures from the Norwegian...

Oslo housing sales halve

New home sales have slumped in Norway, falling 34 percent in the last quarter of 2013 compared to the same time last year. The...

Construction fall an economic red flag

Economists and industry analysts warned a sharp downturn in the Norwegian construction industry is likely to have a serious affect on the wider economy....

German bunker halts housing project

Construction crews preparing the grounds for a new housing project at Ganddal in Sandnes, western Norway, suddenly dug up a large German bunker from...

State cancels contract with bankrupt construction firm

Norway's state highway department (Statens Vegvesen) has cancelled all three contracts it had with bankrupt Austrian construction firm Alpine Bau, after the firm's bankruptcy...

Bankruptcy halts major projects

The bankruptcy last week of an Austrian construction firm is causing problems for some major road projects in Norway. Work stopped on the expansion...

Building firms fined for price-fixing

State competition authorities have hit two large construction firms with heavy fines after some employees were found to have set prices on road-building projects....



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