General Business

General Business

2014 was a good year for the National Oil Fund

The Government Pension Fund Global, also called the National Oil Fund, returned 7.6 percent, or 544 billion kroner, in 2014. “2014 was a good year for the Fund, with positive results for all its asset classes,” says the Fund's CEO, Yngve Slyngstad.

Sharp drop in export from Norway

Export of goods from Norway amounted to NOK 71.6 billion in the first month of 2015. This is a decline of 20.9 per cent compared with the corresponding month last year.

Hydro to build pilot plant at Karmøy

Aluminium producer Hydro has signed a contract with Multiconsult for engineering services for the planned pilot plant at Karmøy. The Karmøy pilot aims to verify the world's most energy and climate efficient electrolysis technology.

Norwegian online games are a success abroad

gaming industrySome of the largest international distributors are picking up Norwegian online games. The Game Developers Conference will be the greatest international exhbition of Norwegian-produced games. 

Norway and Australia to cooperate on JSM-development

The Norwegian Ministry of Defence and the Australian Department of Defence have agreed to cooperate on the development of the Joint Strike Missile (JSM), following talks during the Norwegian State visit to Australia last week.

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