20 C
Oslo
Sunday, August 14, 2022

Tag: industry

More cuts loom at Norsk Hydro

One of Norway's largest industrial firms, Norsk Hydro, is feeling the pain of the euro crisis after suffering major losses in the second quarter....

Another boat builder bails out

Norwegian boat builder Windy Boats has become the latest Scandinavian manufacturer of pleasure craft to move production abroad, to combat high costs. Around 50...

Canadian fund buys Helly Hansen

The longtime Norwegian maker of stormy weather gear that later evolved into high fashion, Helly Hansen, has been sold for around NOK 1.5 billion...

Investigation confirms ‘unacceptable’ payments at Yara

Norwegian industrial firm Yara, which has been under both internal and criminal investigation for suspected bribery the past year, has been found to have...

Former Yara CEO also faces charges

UPDATED: The former chief executive of industrial concern Yara has also been charged in an expanding corruption case against the state-controlled company. Thorleif Enger...

Jens lowers ‘moon landing’ gear

It wasn't exactly a small step for Norway, and not yet a giant leap for Norwegian industry  either, but Prime Minister Jens Stoltenberg could...

Another head rolls at Orkla

Top management turmoil at one of Norway's largest companies, Orkla, continued this week with the abrupt departure of a 31-year-veteran who's been in charge...

Cyber attack hits big companies

Norway's national security authority and police have uncovered what they're calling a "very serious" intrusion into the computer systems of several Norwegian companies. It's...

Johnsen backs EU pressure on Greece

Norwegian Finance Minister Sigbjørn Johnsen says it's more important than ever that EU leaders carry out the measures they've approved as they grapple with...

Jotun rejects Orkla’s bid

The major Norwegian paint producer Jotun has, as expected, turned down an offer from industrial concern Orkla to buy a controlling interest in the...

FOR THE RECORD

Donate

If you like what we’re doing, please consider a donation. It’s easy using PayPal, or our Norway bank account. READ MORE

MOST READ THIS WEEK

CURRENCY RATES
For up-to-date info on exchange rates and currency news, Newsinenglish.no recommends ExchangeRates.org.uk - Exchange Rates UK
For more news on Arctic developments.