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Sunday, August 14, 2022

Tag: industry

Forest products firm to shut down

Efforts to save what once was a major pulp mill on the Hurum peninsula southwest of Oslo have failed. The Swedish owner of the...

‘Challenging’ pay negotiations begin

Wage negotiations between Norway's confederation of trade unions LO and the national employers' organization NHO were getting underway this week, with LO leader Roar...

High costs won’t halt good times

The average hourly wage costs of an industrial worker in Norway are now more than eight times that of a worker in Poland, according...

Euro crisis hits industry harder

Prime Minister Jens Stoltenberg has been issuing more warnings about the ill effects of the European economic crisis on Norwegian industry, and many companies...

New aluminum giant wins praise

This week's sudden birth, in Oslo, of what's being called the world's biggest "aluminum solutions provider" was being hailed on Tuesday as everything from...

Historic industrial firm gears for stock spin-off

Borregaard, which has long played an important role in Norway's industrial history, is about to be spun off from its parent company of the...

Industrial firms celebrate support

It's not often that Norwegian industrial firms, labour and business organizations are all in agreement but they were collectively celebrating this week after the...

Hottest candidate won top job

Kristin Skogen Lund, already listed among the most powerful women in the world by US-based Fortune Magazine, has climbed farther up the career ladder....

‘No interest rate increase this year’

Norway's central bank, Norges Bank, not only refrained from raising interest rates on Wednesday but its deputy governor said its key lending rate is...

Industry mounts new crisis plans

More storm clouds are building over Norwegian industrial plants, like Norsk Hydro's aluminum operations in the mountains at Årdal. Local industrial players are more...

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