Norway Business News in English

Latest business news and updates from Norway in English.

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Salmon Billionaire Witzøe Plans World's Best Product

Salmon Billionaire Witzøe Plans World's Best Product

Gustav Magnar Witzøe, Norway's salmon billionaire heir, announced a new initiative called 'World's Best' to create the top salmon product. The announcement came on May 15, 2026, but no details were released yet. Witzøe's net worth exceeds $11 billion.

Business
Norway's Tax Authority Raids Seafood Industry, Uncovers Violations

Norwegian tax raid uncovers seafood industry violations

The Norwegian Tax Administration conducted a large-scale enforcement operation in the seafood industry, uncovering multiple legal violations. The action has already generated over 5,000 searches in Norway.

Business
Equinor Q1 Results: Key Figures Revealed

Equinor Q1 Results: Key Figures Revealed

Equinor released its Q1 2026 financial results on May 10, 2026, covering revenue, net income, and production. The results impact the Oslo Stock Exchange and Norwegian oil revenues, with high public and investor interest.

Business
Norway's April CPI Data Due Monday: Forecasts and Market Impact

Norway's April CPI Data Due Monday: Forecasts and Market Impact

Statistics Norway releases April CPI data on Monday, May 11, with forecasts pointing to a decline from 3.0% to around 2.8% year-on-year. The data is a key factor for Norges Bank's rate path and often affects the Norwegian krone and bond yields.

Business
Equinor Starts Johan Sverdrup Phase 2 Production

Equinor Starts Johan Sverdrup Phase 2 Production

Equinor has started production at the Johan Sverdrup Phase 2 field in the North Sea. The addition of 200,000 barrels per day will boost Norwegian oil output by roughly 15 percent. CEO Anders Opedal said the ramp-up will be gradual over the coming weeks.

Business
Norway GDP Growth Beats Forecasts at 0.8%

Norway GDP Growth Beats Forecasts at 0.8%

Norway's GDP grew 0.8% in Q1, beating analyst forecasts of 0.6%, driven by oil and gas investments and household consumption. The krone strengthened against the euro after the release.

Business
Spetalen Reacts to Norges Bank Rate Hike in Norway

Spetalen Reacts to Norges Bank Rate Hike in Norway

Norges Bank raised its key policy rate by 0.25 percentage points. Investor Øystein Stray Spetalen's name spiked in online searches afterward. The trend shows high public interest in his economic views.

Business
Norges Bank Interest Promise: Critics Call It a Bluff

Norges Bank Interest Promise: Critics Call It a Bluff

A surge of over 10,000 searches reveals public scrutiny of Norway's government interest rate promise, which critics are calling a bluff. The trending term 'norges bank' is linked to an article exposing the claim. This reflects high public concern over borrowing costs and economic policy.

Business
Nordic Central Bank Hike Fuels Swedish Housing Market Forecast

Nordic Central Bank Hike Fuels Swedish Housing Market Forecast

Norges Bank raised its key policy rate by 0.25 percentage points, directly affecting Nordic housing markets. A new forecast predicts Swedish house prices will rise by 5% in 2026 as homeowners and investors adjust to the monetary policy shift.

Business
Norway's Central Bank Holds Interest Rate at 4.25% in May

Norway Holds Interest Rate at 4.5% as Expected

Norges Bank held its key policy rate at 4.5 percent on May 7, 2026, as analysts expected. Core inflation remains above target at 4.2 percent, and Governor Ida Wolden Bache has signaled rates could stay high for a prolonged period.

Business
Equinor to Report Q1 2026 Earnings With Higher Oil Prices

Equinor to Report Q1 2026 Earnings With Higher Oil Prices

Equinor will release its Q1 2026 results on May 6, with analysts forecasting strong profits due to OPEC+ cuts and Middle East tensions. Investors will focus on production figures and a share buyback program update.

Business
Norway's Oil Fund Reports Record 1.5 Trillion Kroner Q1 Profit

Norway's Oil Fund Posts Record $50 Billion Quarterly Profit

Norway's sovereign wealth fund reported a record $50 billion quarterly profit for early 2026, driven by rising oil prices and strong tech stock performance. The fund, worth over $1.7 trillion, saw its best quarter since 2021.

Business
1.8 Billion Kroner Urgent as Norwegian Tax Deadline Nears

1.8 Billion Kroner Urgent as Norwegian Tax Deadline Nears

The Norwegian Tax Authority sees over 5,000 searches as a major tax deadline approaches. The phrase 'Now it's urgent for 1.8 billion' suggests a large sum of refunds or payments is at stake. Citizens are rushing to file their tax returns before the April 30, 2026 deadline.

Business
UAE to Leave OPEC, Impacting Norway's Economy

UAE to Leave OPEC, Impacting Norway's Economy

The UAE is leaving OPEC, a decision that could cause oil price volatility and affect Norway's oil-dependent economy. The news is trending in Norway as the energy ministry has yet to respond.

Business

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