News

AmCham Financial Forum: IPO Frenzy and Transparent Compensation

Category: Accounting / Financial

Leaders gathered at KPMG Norway’s downtown offices for AmCham’s quarterly Financial Forum. Reflecting on his own observations over the past years’ “Norwegian IPO Frenzy,” our forum was kicked off by Geir Bjørlo, Partner at Corporate Communications. With 100 listings since 2020, the pace has now slowed to only a handful due to current uncertainty.

Source: AmCham

Published: May 24, 2022

Norway Set For Cruise Travel Record In 2022

Category: Airline / Travel

Four million cruise passengers are expected to visit Norway during 2022 on more cruise ships than ever before. Fears that the pandemic would put people off traveling by cruise ship seem to have disappeared, at least in Scandinavia. The figures from Cruise Norway show that 500 more port calls are registered this year than in […]

Source: Forbes

Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel

Category: Business News

Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the first in the US offshore wind sector capable of sailing partly on battery power. The vessel will […]

Source: Equinor

Defigo strengthens foothold in the United States with new distribution agreement

Category: Business News

Defigo, leader in digital access control solutions for residential and commercial buildings, has announced a new distribution agreement with Brooklyn Low Voltage Supply (BLVS), wholesaler of security solutions for buildings in the greater New York area. ‍The deal will see BLVS act as Defigo’s logistics and distribution partner in the states of New York and California. This move […]

Source: Defigo

Norway Raises Wealth Tax, Scraps EV Sales Tax Exemption

Category: Business News

Norway’s coalition government is raising the wealth tax and cutting a sales tax exemption on electric vehicles as it seeks to stem spending from its wealth fund and prevent the economy from overheating. The government proposes raising the wealth tax rate for joint stock companies, mutual funds and banks to 0.25% from 0.15% from the […]

Source: Bloomberg