Business
Companies, exports, and the seafood economy.
Nel names Morten Holum as its next chief executive, and Hexagon Purus makes the other half of the move
The hydrogen company will be led on an interim basis by its finance chief from Nov. 1 until Mr Holum arrives from Hexagon Purus by May 2027 at the latest, where Salman Alam steps in as interim chief executive the same day.
Five Norwegian sites will host hybrid-electric EL2 demonstration flights in 2027
A quay with no runway, a business park, two large hub airports and a short northern strip: Bristow, Electra, Avinor and the aviation authority have picked the places where the EL2 demonstrator will test what ultra-short flight needs from Norway.
Inflation quickens to 3.4 percent as food and transport prices climb
Consumer prices rose 3.4 percent in the year to September, the highest reading since April, while core inflation held steady at 3.0 percent. The figures land two weeks after Norges Bank raised its policy rate to 4.5 percent.
Rheinmetall Nordic opens new Skoppum site as defence industry expands
The 4,579-square-metre facility in Vestfold will develop and integrate electro-optical and fire-control systems, with 100 employees at opening and room for 127.
The oil fund's record half: 1,753 billion kroner in six months
A 9.4 percent return took the fund to 22,683 billion kroner. Currency moved against it, and the 3 percent rule still governs what the state can spend.
House prices jumped 2.1 percent in August. The average home now costs 5.04 million kroner
Eiendom Norge reports a startlingly strong month after the weakest July on record. Oslo is the exception, with 0.3 percent growth so far this year.