Norway

Companies, Ibex, Spanish economy 17th December 2022

ArcelorMittal presents offer for Iberdrola’s macro renewables portfolio in Spain valued at some €1.2 B

Link Securities | According to financial sources consulted by the daily Cinco Días, Arcelor Mittal has presented an offer, teaming up with the fund Copenhagen Infrastructure Partners, for Iberdrola’s macro renewables portfolio in Spain. This is valued at some 1.2 billion euros. The decision on which offer will be selected by the electricity giant for the so-called Proyecto Romeo is expected to be published next week. Separately, Cinco Dias said Iberdrola…

Companies, European economy, Ibex 7th November 2022

Acciona hands over to Norwegian authorities the biggest railway tunnel in the Nordic countries; the €1 B project was awarded in 2015

Intermoney | Acciona (Buy, T.P. 245 euros/share) and its partner in the Ghella consortium have handed over to the Norwegian authorities the biggest railway tunnel in the Nordic countries. The 1 billion euros contract for the project was awarded in 2015. The works included the design and construction of the twin tunnels for high speed railway lines of the Follo Line project, the biggest transport initiative developed in Norway up…

European economy 29th September 2020

Sweden And Norway Are Moving Toward A Cash-Free Society

The payment market in Sweden and Norway is being digitized. To give an international comparison, the cash in circulation as a percentage of GDP variable is used as a proxy for the demand for cash. In 2018, the cash in these two economies was equivalent to 1.3% and 1.5% of their GDP, respectively. In contrast, in the United States and the Eurozone, this variable was at 8.2% and 10.9%, respectively.

World economy 23rd October 2015

Saudi Arabia And Norway, Still Attractive For Investment Opportunities

Following the oil price slump, both wealthy countries will relatively see their privileged economic position trimmed, but they can still capitalize on their status as oil producers, boosting production to defend market share and leading the European M&A market, respectively.

In Europe 8th December 2014

Norway bets on Spain

MADRID | The Corner | The Norway Government Pension Fund Global (GPFG) is the World’s biggest sovereign wealth fund. Managed by an investment unit of the central bank (NBIM) it counts with $900 billion under management, focusing on Europe. Lately its interest in Spain goes beyond the usual sectors: financial, construction and energy.

In Europe 20th May 2014

Norwegian Immigration and Europe’s Swiss Dilemma

At first glance, Norway and Switzerland seem to have much in common. Both are prosperous alpine nations with relatively small populations (5.1 million and 8 million), while they also have some of the lowest unemployment levels in Europe (3.6% and 3.5%). In fact, both nations are enjoying tremendous success amid turbulent economic times. Norway , however, will not seek to emulate Switzerland’s policy on immigration quotas.