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...
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