(IN BRIEF) On 18 June 2025, Norges Bank’s Monetary Policy and Financial Stability Committee reduced the policy rate from 4.50 percent to 4.25 percent in a unanimous decision, marking the beginning of a cautious normalization after a tightening cycle that … Read the full press release
Posted in Banks, Financial, Management, Norway
Tagged 2 percent inflation target, 4.25 percent, Arendalsuka, economic projections, Financial Stability, Ida Wolden Bache, inflation outlook, interest rate forecast, June 18 2025, Monetary Policy and Financial Stability Committee, mortgage rates, Norges Bank, Norway, output gap, policy rate cut, rate normalization, unemployment
(IN BRIEF) NIQ-GfK’s pan-European analysis finds that average per-capita spending on clothing and shoes in 25 countries is €772, with Luxembourg (€1 777), Switzerland (€1 096) and Norway (€1 034) at the top and Romania (€375) at the bottom; fashion … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail
Tagged Berlin, Bucharest, clothing and shoes, Europe, Filip Vojtech, Finland, Germany, Giurgiu, Hamburg, Luxembourg, Milan, Munich, NIQ-GfK, Norway, purchasing power, regional disparities, Romania, Rome, Spain, Sweden, Switzerland, United Kingdom
(IN BRIEF) Solstad Maritime was listed on Euronext Oslo Børs today, marking the ninth listing on Euronext in 2025. The company, part of the Solstad Group, has a market capitalisation of NOK 10.5 billion. With 32 vessels serving the global … Read the full press release
Posted in Business, Investment, Ireland, Netherlands, Norway
Tagged Euronext Oslo Børs, global energy markets, Lars Peder Solstad, listing, market capitalisation, market value, NOK 10.5 billion, Norway, offshore tonnage, Shareholder Value, shipping company, Skudeneshavn, Solstad Group, Solstad Maritime, Solstad Offshore ASA
(IN BRIEF) Thales is excited to announce its continued support for Vipps, Norway’s mobile wallet leader, as it reaches over one million users for mobile contactless payments. Vipps is the first third-party wallet to offer NFC payments on iOS, powered … Read the full press release
Posted in Business, Financial, France, Government, Industrial, Management, News, Security & Safety, Technology
Tagged BankAxept, Contactless Payment, D1 technology, digital card, digital payments, financial institutions, François Chaffard, iOS, Mastercard, mobile wallet, NFC, Norway, payments innovation, Real-Time Payments, Rune Garborg, secure payments, Thales, transaction notification, Vipps, VISA
(IN BRIEF) Fortum has been nominated once again for Norway’s Best Customer Service in the electricity sector, reflecting its commitment to customer satisfaction. The nomination follows over 20,000 customer interviews, and the award ceremony will take place during the Customer … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News, Norway, Technology
Tagged app, award nomination, Awards, customer experience, customer service, Customer Service Days, electricity prices, electricity sector, energy crisis, feedback, Fortum, Fortum Strøm, Hans-Erik Ramsdal, Kundeserviceavisen, leadership, Norway, Oslo, Sanjin Pekusic
(IN BRIEF) Stadler has secured a €50 million contract from Bybanen Utbygging to supply and implement advanced signalling systems for the expansion of Bergen’s light rail network. The project covers the initial phase toward Åsane and includes design, delivery, and … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Switzerland, Technology, Transportation & Logistics
Tagged Albrecht Teich, Arve Tjønn Rinde, Åsane expansion, Bergen Light Rail, Braunschweig, Bybanen Utbygging, Control Center, light rail development, Loddefjord tram extension, modern infrastructure, Norway, partnership, public transport, railway technology, signalling systems, SIL2, SIL4, Stadler, Stadler Signalling, sustainability, train control, tram network, urban mobility
(IN BRIEF) LAB Entreprenør, part of AF Gruppen, has signed a NOK 146 million contract with the Student Welfare Organization of Vestland (Sammen) to renovate a student housing building in Hatleberg, Bergen. The project involves refurbishing the eight-story AB block, … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged AB block, AF Gruppen, Bergen, building restoration, construction industry, Emissions Reduction, Gard Kvalheim, Hatleberg, LAB Entreprenør, Norway, partnership, Q3 2025, Q3 2026, Rehabilitation Project, rooftop ventilation, Sammen, student housing, Student Welfare Organization of Vestland, sustainability, turnkey contract
(IN BRIEF) DNV has expanded its operations in Ireland by fully integrating Dublin-based Enviroguide Consulting and planning to recruit 200 new employees over the next two years. This expansion strengthens DNV’s commitment to supporting Ireland’s sustainability and energy transition goals … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Norway, Technology
Tagged 200 jobs, decarbonization, digital assurance, DNV, energy systems, energy transition, Enviroguide Consulting, environmental consultancy, expansion, global technical leadership, Hari Vamadevan, IDA Ireland, Ireland, Irish operations, Janet O’Shea, low-carbon energy, Norway, partnership, renewable energy advisory, risk management, sustainability, Taoiseach Micheál Martin
(IN BRIEF) In 2023, a historic initiative saw all 27 EU countries, along with Iceland and Norway, collecting and reporting both sales and usage data on veterinary antimicrobials for the first time. The resulting ESUAvet report details that 98% of … Read the full press release
Posted in Business, European Union, Financial, Government, Healthcare, Iceland, Industrial, Investment, Management, Netherlands, News, Norway, Science, Technology
Tagged 2023, AMEG, Animal Health, antimicrobial resistance, antimicrobials, ASU Platform, breeders, Category B, Category C, Category D, Cattle, chickens, EMA, ESUAvet, ESVAC, EU27, European Union, farmers, feed mills, food-producing animals, Iceland, Norway, penicillins, pharmacies, pigs, public health, retailers, sales data, sulfonamides, tetracyclines, turkeys, usage data, veterinarians, veterinary medicine
(IN BRIEF) Hydro has unveiled plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, aiming to supply aluminium for Europe’s critical energy infrastructure. With a production capacity of 110,000 tonnes per year, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway
Tagged 2028, aluminium, aluminium conductor, automotive, building systems, casthouse products, critical energy infrastructure, Eivind Kallevik, energy transition, EU, Hydro, investment decision, Karmøy, low-carbon aluminium, NOK 15 billion, Norway, power cables, primary aluminium, production capacity, R&D, recycled aluminium, renewable energy, smelting technology, wire rod casthouse
(IN BRIEF) Norway has allocated NOK 180 million (around EUR 16 million) through Nefco to drive Ukraine’s green recovery and reconstruction efforts by funding energy-efficiency projects that renovate schools, hospitals, and wastewater facilities, as well as by installing solar energy … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Ukraine
Tagged 2023–2030, Åsmund Aukrust, Energy Efficiency Projects, energy savings, EUR 16 million, green recovery, hospitals, infrastructure, internally displaced persons, Koziatyn, Krasyliv, municipalities, Nansen Support Programme for Ukraine, near-zero-energy school buildings, NEFCO, NOK 180 million, NOK 205 billion, Norad, Norway, Ovruch, partnership, reconstruction, resilience, SCHOOLS, solar energy, sustainability, UKRAINE, Ulf Bojö, wastewater systems
(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release
Posted in Banks, Business, Denmark, Entertainment, European Union, Financial, Finland, Government, Iceland, Investment, Luxembourg, News, Norway, Sweden, Technology
Tagged Behold Ventures, Denmark, early stage investment, EIF, European Commission, Finland, game developers, Iceland, InvestEU, MediaInvest, Nordic gaming, Norway, Sweden, venture capital
(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release
Posted in Banks, Business, Education, Energy, Gas & Oil, Environment, Financial, Finland, Society
Tagged Beyond the Grid Fund for Africa, BGFA, BrightLife Uganda, business skills, capacity building, customer engagement, decentralised solar solutions, Denmark, Energy Access, energy service providers, Eric Adweko, Financial Planning, gender inclusion, green transition, Inensus, job creation, job opportunities, mini-grids, NEFCO, Norway, off-grid electrification, off-grid energy, project management, RENAC, renewable energy, Renewables Academy, Sendea UG, skills development, solar home systems, solar market, Sweden, technical training, Tina Möller, Uganda, USEA, women in leadership
(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged adoption rates, building construction, carbon emissions, carbon price, electricity, electricity-to-gas price ratio, energy efficiency, energy transition, Europe, France, gas, Germany, grants, heat pumps, KfW Research, low-interest loans, Norway, residential heating, Sweden, Switzerland
(IN BRIEF) Ticket sales for the Men’s EHF EURO 2026 have now opened in Denmark and Norway, following Sweden’s early release. This prestigious handball tournament, set to run from 15 January to 1 February 2026, will feature top-tier matches across … Read the full press release
Posted in Business, Denmark, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Norway, Sports, Sweden
Tagged championship, CTS EVENTIM, Danish Handball Federation, Denmark, EHF, EHF European Championships, elite handball, Erik Langerud, European Handball Federation, event, fans, handball, Herning, Jan Kampman, Jens B. Arnesen, Jyske Bank Boxen, Kristianstad Arena, live entertainment, Malmö Arena, Martin Hausleitner, Men’s EHF EURO 2026, Norway, Norwegian Handball Federation, Oslo, partnership, sports experience, sports ticketing management, Sweden, Swedish Organizing Committee, ticket infrastructure, ticket purchasing, ticket sales, ticketing, Tobias Frejfors, Unity Arena, World Handball Championships
(IN BRIEF) A cooperative effort between Norwegian and Danish authorities, supported by Eurojust, has resulted in over 1,000 years of prison sentences for 152 drug traffickers, dismantling a major cross-border criminal network. From 2019 to 2024, Eurojust facilitated a joint … Read the full press release
Posted in Business, Defence, Denmark, European Union, Financial, Government, Industrial, Investment, Law, Management, Netherlands, News, Norway, Security & Safety, Spain, Technology
Tagged Cross-Border Crime, cryptocurrencies, Danish authorities, Denmark, drug seizures, drug trafficking, Eurojust, European Union, firearms, joint investigation team (JIT), Judicial cooperation, Liaison Prosecutor, MOROCCO, Norway, Norwegian authorities, partnership, prison sentences, Spain
(IN BRIEF) AFRY has entered into a framework agreement with Statkraft, Europe’s largest renewable energy producer, to provide technical consultancy in hydropower and electric power sectors in Norway. Building on their previous work in Sweden, the partnership aims to improve … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged AFRY, collaboration, consultancy services, electric power, energy security, energy solutions, energy supply, energy transition, Framework Agreement, hydropower, low-carbon future, Marcus Bergman, Norway, partnership, reliable energy, renewable energy, Statkraft, sustainability, sustainable solutions, Sweden, technical consultancy
(IN BRIEF) IKEA’s Sleep Uncovered report reveals that people are losing an average of 1 hour and 20 minutes of sleep per night, with Mainland China reporting the best sleep quality and the USA and Norway at the bottom. The … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Industrial, Investment, Management, Netherlands, News, Retail, Science
Tagged bedding, comfort, disabilities, disrupted routines, Dr. Tom Crawford, financial insecurity, global sleep habits, GlobeScan, IKEA, IKEA Sleep Formula, LGBTQ+, Mainland China, Norway, schedule, screen time, sleep environment, sleep inequalities, Sleep Quality, sleep report, sleep sanctuary, sleep study, sleep tips, Sleep Uncovered, sleepwear, stress, University of Oxford, USA, vices, wellbeing
(IN BRIEF) SEB has maintained its position as the leading advisor and research provider in sustainable financing across the Nordic region, according to the latest Prospera customer survey by Kantar Sifo. The bank achieved the highest score, outperforming its competitors, … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Awards, competitive advantage, corporate clients, Denmark, Finland, Green Bond Report, Hans Beyer, institutional clients, investment-grade bonds, Kantar Sifo, leadership, Nordic Region, Norway, Prospera customer survey, regulatory changes, RESEARCH, SEB, sustainability advice, sustainability integration, sustainable banking, sustainable financing, Sweden
(IN BRIEF) SFE has awarded ANDRITZ a contract to supply advanced electromechanical equipment for the new Øksenelvane hydropower plant, which will significantly increase clean energy production in Norway. The project is set to play a key role in supporting Norway’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Andritz, clean energy, Firdakraft AS, grid stability, hydropower contract, hydropower solutions, Norway, partnership, Pelton turbines, renewable electricity, renewable energy, SFE, Sogn og Fjordane Energi, sustainability, sustainable energy future, Øksenelvane hydropower plant
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