Meet Norway's richest people according to the latest data from business magazine Kapital. Norway's leading business magazine Kapital has once again published its annual list of the 400 wealthiest people in Norway. The list is based on the semi-public data published by the Norwegian tax authorities every year. #1: John Fredriksen An Oslo-born Cypriot national who lives in London tops the … [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, plus other interesting news from the business community.
This growing Trondheim startup help companies bridge the gap between idea and creation to help make the products of the future a reality. Formed in 2012, Trondheim-based Norwegian Creations is a company that solves problems for other companies, using their unique makers as a service approach. The young team of tech-savvy engineers work with startups and established companies to brainstorm ideas, … [Read more...]
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...]
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...]