The founders of the quirky Norwegian clothing brand have filed for bankruptcy after continued poor financial performance. Known for their bright colours, zany designs, in-store pink tractors, and high prices, Moods of Norway had been unprofitable for the past few years and racked up losses of NOK 30 million in 2016. According to the message sent by the company to the Oslo Stock Exchange this … [Read more...]
Business in Norway
Business in Norway is about much more than oil and salmon! We share the stories of some of the most exciting Norwegian startups that are about to make an impact on the global stage.
A Norwegian American startup is planning to build the world's biggest green data centre in a small Norwegian town. A small town in northern Norway is set to become a lot better known after plans were announced to build the world's biggest data centre there. Once fully operational, the Kolos facility is planned to draw on a record-setting 1,000 megawatts of power. The four-storey facility is … [Read more...]
Known for its maritime past, Bergen's future may be digital. Industry leaders are getting together with the aim of creating a FinTech hub in the city. The purpose of the new association is to help establish companies that can develop new products within financial technology, in particular to develop products or services that can be used beyond Norway. The University of Bergen is also involved … [Read more...]
Video games, board games, virtual reality, co-working, shuffleboard and beer: The perfect storm? Open since 2016, Work-Work is a co-working space, gaming lab and bar in Trondheim city centre. It's also the host of events as varied as VR industry meetups, startup investor days, and pinball competitions. Who's in the house? Some of the companies and organisations with a presence there include the … [Read more...]
A group of more than 1,400 creative people sharing ideas, asking for advice and promoting their work. In August of last year I finally picked up a pencil and started drawing again. A long time ago, actually it felt like it was in a previous life, I used to be an illustrator and graphic designer. 2 kids later and I was missing my creativity. Once reunited with my pencil I found that, whilst … [Read more...]