Utbyttefest in Sparebanken Vest – Hegnar Online

Sparebanken Vest reported a profit after tax of nok 270 million in 4. quarter of 2016, compared to 266 million in the same period the year before.

the Result per primary capital certificates was 1,08 nok 1,54 crown in 4. quarter of 2015.

the Result before tax amounted to 361 million, compared with a 341 million the year before.

Net operating revenues ended at 780 million, compared with nok 717 million the year before.

Net interest and kredittprovisjonsinntekter amounted to 597 million, compared with nok 591 million in 4. quarter of 2015.

It proposed a dividend of 4.50 million, compared to 1,10 million the year before, as well as 100 million in donations, compared with 20 million in 2015.

- Sparebanken Vest is well capitalized and has further strengthened the financial platform for a solid net profit in 2016. With this, the bank has the best prerequisites to be able to provide financing on the west coast
and contribute to growth in 2017 in a region that is in the middle of a demanding restructuring process. Local connection with, short beslutningsveier and user-friendly digital solutions that Sparebanken Vest will be able to help make life on the
the west coast even a little bit better, ” says ceo Jan Erik Kjerpeseth in the report.

Here is the report and the presentation

Thunders against the bank’s “would” interest: – Cut the card in two! – E24

(E24) Published: 15:19 – 31.01.2017, Updated: 17:03 – 31.01.2017

Consumer right now a strong warning against using the so-called Red-the credit cards from Santander Consumer Bank.

medical director Jorge Jensen’s call for a boycott:

– Cut the card in two, and find a bank that charges you for the loan you actually have. The bank’s practice is directly kundefiendtlig, ” says Jensen.

– This is the only card we know of in the market today that has such interest, he says to E24.

Santander responds by emphasising that they have among the market’s “most favourable credit cards in all parameters”.

If there is anything that should be cut in two, it is possibly Forbrukerrådets calculations, writes the officer Cecilie Miller in Santander in an email to E24.

Horne will have gjeldsregister in place from the fall of the

– Payment provides rentehopp

When taking up the loans tend interest rates, to be calculated from the balance you owe. It means that the interest burden in the money becomes less the more you pay down on the loan.

But for the Red cards to Santander works it is not so, contends Jensen. He says the bank requires interest rates for the entire the loan, even after most of it is paid down.

such A construction means that interest rates go up as your outstanding debt shrinks.

the Norwegian Consumer council have counted on what happens as you pay down nok 30,000 in debt on a Red credit card.

A billion percent

• Once you have paid back the 20,000 dollars and has 10,000 dollars in restgjeld, the annual interest rate on the outstanding amount be 45 per cent.
• the Interest rate go up to 224 per cent when you have 2000 money in restgjeld, and doubled to 448 per cent when you have a tusenlapp again on the debt.
• And when you only have ten bucks in restgjeld, you will be charged 4.476 percent annual interest.

the Consumer calls the remaining amount-interest “would”. At the same time argue they are “good guys” against Santander in the calculations above, because conservative assumptions are applied.

When they instead assume the effective interest rate on restbeløpene, the rates astronomical:

– Should you be so unfortunate to have 100 million left on a loan of 30 000, the effective interest rate of a billion per cent”, states the Norwegian Consumer council.

Yes, we are citing them correctly. It should be a billion.

– wrong

It rejects Santander:

All 10 calculations is directly wrong. In the Consumer theoretical example, where they claim that the effective interest rate will be over a billion per cent, is the correct number about one billion lower, type Miller in the email to E24.

Warns about the growth in consumer loans – is itself the greatest of credit card debt

– This is one of the market’s most favourable credit cards in all parameters, but if you do not pay the entire debt, you will not receive interest-free period”, she writes.

Consumer does not have knowledge of how many norwegians who use the card, but the medical director Jensen points out that Santander is a major provider of consumer loans and credit cards in the Norwegian market.

Should be allowed

Santander received a letter from the Norwegian Consumer council with several questions about kortbetingelsene before christmas.

First and foremost, we were looking for answers as to why they believe this is appropriate for the customer. That they answered us not, ” says Jensen.

They’ve also got the lawyers to check the legality.

What you found out?

– It is kundefiendtlig, but within the law.

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Stordalen is investing a billion in Denmark – NRK

A very engaged Petter Stordalen met on Tuesday the press at Copenhagen airport Kastrup.

Photo: Tore Tollersrud

In addition to that Stordalens hotel chain taking over an existing hotel in Kastrup, it should also be built a new hotel with 500 rooms and a 3000 square meters large conference center.

the Investment has a frame on the 800 million Danish kroner, equivalent to almost one billion Norwegian.

the Acquisition of today’s Hilton hotel will take place 1. april.

It enlightens the Nordic Choice hotels in a press release, which was sent out at the same time as the press conference started at Kastrup.

– We will create the greatest community forums at any hotel in Europe, ” says Stordalen at the press conference.

He says that the investments in Kastrup is the largest liability Choice has taken on ever, and that the new building will not be completed until about two and a half years.

But we plan to be here in 30 years, ” says Stordalen.

Nordic Choice Hotels operates the airport hotels at Stockholm, Oslo, Bergen, Stavanger and Helsinki. And in the spring also in Copenhagen.

the Current Hilton hotel in Kastrup to being renovated and re-emerge after the renovation in the Clarion-suit.

Photo: Nordic Choice hotels

Seadrill will obtain at least one billion dollars in new capital – E24

(E24) Published: 07:08 – 31.01.2017, Updated: 07:50 – 31.01.2017

It has in quite exactly a year been known that the rig company Seadrill jobs with a larger restructuring, and on Tuesday, the company has sent out a message that is presented more detail of the work around this.

the Background is that conditions are difficult in the rig market, and that the company has large gjeldsforfall the coming years.

“the key objectives guiding the company’s restructuring is still to build a bridge towards improvement and to achieve a sustainable capital structure,” writes the company in an announcement.

As expected, the company has been in dialogue with their creditors, and these have been referred to the following package:

• the Company wants to extend the maturity of its bank loans from 2021 to 2023, reduce the fixed installments and adjust the loan conditions
• Seadrill also wish to extend the maturity of unsecured claims, so that these expire in the period from 2025 to 2028
• And last, but not least, want Seadrill to fetch at least one billion dollars in new capital, equivalent to around nok 8.3 billion

Hard work

at the same time admits Seadrill ceo Per Wullf that work to get in place, the solution has been surprisingly demanding.

the Negotiations have proven to be more complex than we originally had expected. But no matter have key interested parties shown a clear willingness to be part of a solution, and with the right structure and the right conditions, we believe that there is significant capital available for us, ” says Wullf in a comment.

In connection with the current message, it has also been released a presentation of obligasjonseiernes suggestions for Seadrill – one could call it a kind of “motbud” to the company’s own proposal.

Here it is stated that the bondholders want to work with the company and the market risks in order to find a solution.

They agree that it needed additional capital and liquidity, as well as a reduction in the company’s debt burdens, and outlines among other things the following points:

• It is proposed a guaranteed issuance of new secured debt securities for 700 million dollars. This shall be subordinate to the existing secured credit facility
• Substitution of unsecured bonds for convertible, secured bonds and equity to the stated terms and conditions
• Extension of the maturity on the credit facilities, available credit and reduce the avdragsbetalinger on these, as well as to adjustments of terms and conditions
• A item where cash flow will be used to pay off debt
• A cleanup in Seadrill system, among other things, related to the obligations between the companies

Seadrill is a great company with brilliant people, assets and customers, and we look forward to conclude a transaction that ensures that Seadrill is still well positioned for an upcoming improvement in the industry.

So far, the company has had contact with the secured creditors who are first in the queue (read banks, journ.anm.). This contact has taken place over the past year.

Through the second half of last year, it was so established dialogue with potential new investors, which include Fredriksen-family market risks the Holding.

In December, saw a group of bondholders brought on the path.

“the Discussions with the banks, potential new pengeinvestorer, the group, with bondholders and the market risks Holdings continues”, writes Seadrill on Tuesday.

Warns against the dilution and loss

the Company is aiming for a voluntary agreement within the decay of a loan associated with the West Eminence the 30. april 2017. Given that this falls in place, can the implementation be done within the second quarter of 2017.

Seadrill also account for the fact that it is not being able to land any agreement, and has “nødplaner” in bakhånd. It is namely clear that a restruktureringsløsning not be as comfortable for everyone.

“We expect that a comprehensive agreement will be based on to obtain significant new capital is likely to result in significant dilution of existing stakeholders and potentially cause the loss of other financial stakeholders.”

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Weaker debt growth in Norway – Dagens Næringsliv

Macroeconomics

The domestic bruttogjelden experienced a tolvmånedersvekst of 4.8 per cent in December.

Published: 31.01.2017 — 08:00 Updated: 31.01.2017 — 08:21

the Article is added to your reading list.

the Case is updated.

the twelve-month growth in the general public’s gross domestic debt (K2) was 4.8 per cent until the end of December, down from 5.0 per cent the month before.

the Debt constitutes 5.121 billion at the end of December.

It shows Statistics Norway’s (SSB) credit indicator K2 on Tuesday.

debt growth for households

Household domestic debt amounted to 3.057 billion by the end of December, according to STATISTICS norway. The twelve-month growth was 6.4 per cent up to the end of December, up from 6.3 per cent the month before.

Weaker utlånsvekst for banks

Domestic debt was 80 per cent loans from banks and mortgage companies by the end of December. This amounts to 4.103 billion, according to the credit indicator. The twelve-month growth in lending from banks and mortgage companies in total were 5.4 per cent to end-December, down from 5.5 per cent the month before.

municipal government’s gross domestic debt totalled nok 455 billion at the end of December. The twelve-month growth was 5.1 per cent until the end of December, up from 4.6 per cent the month before.

Aker Solutions and Aibel has secured contracts in hundremillionersklassen – E24

(E24) Published: 08:45 – 31.01.2017, Updated: 09:54 – 31.01.2017

Kværner and Aker Solutions is awarded a contract for the “hook-up” of the riser platform for the Johan Sverdrup.

the contract value is approximately nok 900 million and will be divided roughly equally between the two companies. Kvaerner estimates its share to around 450 million.

The two companies will work integrated with Statoil in the work, which mainly will consist of planning, management, and pairing of the seven platform-modules on Sverdrup. These are going to Norway in the second quarter of 2018.

” We are very pleased to win this contract in cooperation with Aker Solutions. This is a confirmation that our experience and expertise within the offshore hook-up and commissioning are in demand”, says Terje Johansen in Kværner.

“We are very pleased to continue to support Statoil forward in this gigantutbyggingen, which will be of great importance for Norway in several decades,” says ceo Luis Araujo, Aker Solutions.

Will employ over 1,000 people

the companies will work could employ 100 people in the preparation phase and around 1000 from 2018. It looks however that there will be any immediate new employment in the preparation phase.

It is too early to say whether there will be employment, but together with Aker Solutions, we have a relatively large capacity, and we don’t see immediately great ansettelsesbehov, says Johansen to the E24.

− It may come innleiebehov, but we have to come back to later. This is very early estimates in both volume and size, ” he says.

According to Johansen, it will not take long before the first phase of the work will come in time, and compilation will take place on the west coast.

− the preparation phase will be done from Aker Solutions on their premises in Stavanger where we will have a joint project team between Aker Solutions and Kvaerner, ” says Johansen.

− This work will start immediately and offshore start up in 2018, and will reach out in 2019, he says.

Aibel on the team

In addition, Aibel has been awarded the contract for hook up and commissioning of drilling platform on the Johan Sverdrup field centre in 2018.

the Value of the contract Aibel has been awarded should be at closer to 400 million, writes the company in a press release.

We build the drilling platform to Sverdrup, and think it’s stats to be able to do the job completely done offshore, svp communications, Bjørg Sandal in Aibel to E24.

− There is far between the contracts of a certain size, so this is welcome for us, ” she says.

the Contract also includes an option for the installation and completion of the prosessplattformen and boligplattformen in 2019, writes Statoil in a press release.

“This is an important contract for Aibel, we have been focused and worked hard to improve our competitiveness, and we are pleased to see that we hijacker shares in a tough market,” says president and ceo in Aibel Mads Andersen in the press release.

the Company writes that they will employ up to 600 people up to summer 2019.

despite the new contract does not see the company for themselves that there will be no employment boom of the grun.

− We are not looking for us recruitment, but people who go out of the other finished projects fit well into this project. So there will be no resurgence of recruitment, but there are some people that work here that are secured job in a relatively long time in the future, ” says Sandal.

– Important to ensure the workplace

Also the oil and energy minister Terje Søviknes (Frp) express themselves positively to the new contracts, and the impact it will have on the Norwegian jobs in the years ahead.

– the Current contracts are another example of how important new projects on the Norwegian continental shelf in general and the Sverdrup especially for Norwegian jobs and value creation. Therefore, the government is to ensure that we can maintain the high activity on the Norwegian continental shelf in decades to come. It is the most important thing we can do to ensure jobs, economic growth and welfare, says Søviknes.

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Oppkjøpsfond will spend billions on the Norwegian continental shelf – Hegnar Online

Dagens Næringsliv writes that while traditional oil companies are shrinking their investment budgets, the opportunity for new entrants opportunities. So-called oppkjøpsfond, also called private equity or PE funds, are now behind tens of new actors on the Norwegian continental shelf.

Pandion is the last new initiative of this type, owned by the PE fund Kerogen. A handful of Norwegian oljeveteraner can now go ahead to purchase the asset, with between 100 and 300 million dollars in the back.

– Kerogen is a PE fund that is specialized on oil and gas upstream, and invested in two oil companies on the uk continental shelf in 2015 and 2016. We are their first investment on the Norwegian continental shelf, ” says Pandion-chief Jan Christian Ellefsen.

According to the newspaper, there are tens of similar actors who are positioning themselves to pull the solder in the Norwegian oljelotteriet. Overall, these nykomlingene call on about 20 billion dollars in fondskapital. This figure is based on an estimate based on the official information about the kommittert capital. That is to say the framework for the equity of the companies have provided to you. In addition, the oil companies up loans.

– When many will sell, it is interesting to be on the buyer. PE capital is looking for bargains. It is easier to make bargains when there are many sellers, says the chief financial officer of Origo, Ørjan Gjerde.

(©NTB)

Herbjørn Hansson about John Fredriksens tankfusjon: – Can look like a enemy … – E24

In an interview in tirsdagsutgaven of Mallorca is the shipowner Herbjørn Hansson, Nordic American Tankers harsh in his description of John Fredriksens attempts to buy up and merge tankerederiet DHT with its own tankrederi Frontline.

at the same time he opens even the door for a fusjonsprat with DHT-the shipping company.

– From what I read in the press, this may look like an attempt at a hostile takeover. It is my opinion that it is not the way to go forward, ” says Hansson of the newspaper.

He adds that through their 30 years in the industry he has personal negative experiences with hostile acquisitions, and that it is negative for all parties.

He says that he himself would have tried to reject oppkjøpsforsøket from Fredriksen if he put in the management, the board of directors or as a shareholder in the DHT.

DHT is an excellent company with first class people and I deal only with decent people, I. We in Nordic American Tankers will be more than happy to talk with DHT when it suits, says he passed on to the newspaper and emphasizes that he will not go forward with any hostile acquisition.

As E24 wrote Monday a merger between Frontline and DHT to form the world’s largest tankerederi, both measured after flåtestørrelse and the market value.

DNB Markets: the Purchase Programme – Newspaper

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Travel tips with annonselenker

Norway’s largest brokerage firms to recommend the purchase of forsikringsaksjen Storebrand in ukesporteføljen its of the recommended stocks.

Storebrand has had a strong development lately and is up 10 percent this year and 6.3 per cent just in the last week. On a year is the stock up 44.4 per cent.

Ukesporteføljen to DNB Markets consists of the Kongsberg Group, Wilh. Wilhelmsen ASA, Salmar, Proud-Nielsen Borregaard and BW LPG. DNO disappear out of the portfolio.

Otherwise, the Oslo stock Exchange down Monday, weighed down among other things by Statoil, falling 1.4 per cent and Norsk Hydro, which falls to 2.5 per cent. The price of oil is little changed against the level when the stock exchange closed Friday. The price of nordsjøolje located on the 55,51 dollars a barrel.

Otherwise, send Trump asian stock exchanges down Monday.

Read more here: Unrest over Trumps politics weakens the Tokyo stock exchange

Similar to NA24 here and get several fresh financial news!

New job for former minister – Today’s Business

Work

Former minister of petroleum and energy Tord Lien has got a new job in the confederation of Norwegian enterprise.

Published: 30.01.2017 — 10:44 Updated: 30.01.2017 — 10:52

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Tord Lien was minister of petroleum and energy in December, and already then it was clear that NHO could be his next employer. Adresseavisen spoke of him as “høyaktuell” as the leader of the confederation of Norwegian enterprise office in the county.

Now is this become reality.

– With this hire, we have secured a very experienced regional director to help to lift our work for me and the Norwegian business sector, says deputy director of the confederation of Norwegian enterprise, Ole Erik Almlid in a press release.

Almlid says Liens political background from the Parliament, academia and as minister of petroleum and energy made him a clear first choice among the applicants.

Nutrition for welfare

Tord Lien originally comes from Øksnes in Nordland. He was member of parliament for the progress party in Sør-Trøndelag from 2005 to 2013 and then a minister until the end of 2016. He has a master’s in history from NTNU.

Success of business and industry, Norway will succeed to further develop the welfare state. I want to help, “says the new good future prospects system had,” says Lien in a press release.

Weaker christmas shopping than expected – E24

(E24) Published: 08:23 – 30.01.2017, Updated: 10:33 – 30.01.2017

Statistics norway (SSB) reported a decline of 2.1 per cent in retail from november to December of last year, according to seasonally-adjusted figures.

It is far weaker than expected. An average of analysts had expected a decline of 0.1 percent, according to Reuters via DNB Markets.

sales volume in most industries fell, with a particularly negative contribution in the sale of food and drink in the grocery stores, ” says SSB.

Stores with sales of electrical goods, clothing, shoes, textiles and utstyrsvarer also had a decline in the seasonally adjusted the volume.

Only a few industries increased sales volume from november to December, and it was ecommerce, building materials, toy shops and pharmacies, according to STATISTICS.

the Crown weakened slightly after the figures. A euro can buy 8,92 million, compared to 8,91 million before the numbers came.

– Weaker than expected

– It came in weaker than both we and market had expected, ” says chief economist Kjetil Olsen in Nordea Markets to E24.

He says that a part of the christmas shopping may have been done in november, and that one should not read too much into figures from a single month.

total household spending on goods decreased 1.7 percent from november to December, shows varekonsumprisindeksen. There was a reduction in all product groups except the purchase and operation of cars. Especially helped electricity and fuel to the decline.

Yet it was varekonsumet in the fourth quarter of 0.6 per cent higher than in the previous quarter.

(Source: SSB)

– These figures jump and bounce the aux in connector, and December is often an uncertain month because of christmas shopping, ” he says.

Desembertallene looks also not so bad if one corrects for the somewhat stronger numbers in the preceding months, he believes.

– These figures are chronically hard to follow from month to month, you need to see it a little bit over time, ” says Olsen.

Drag interest rates down

Also, DNB Markets believe that a part of the consumption was done in november instead of December, because of the handledagen “Black Friday”.

– Especially forbrukstallene suggest a weak start in 2017, and points to the Norges Bank’s estimates of consumption (2,0%) is on the optimistic side, writes Kyrre Aamdal at DNB Markets in a comment.

in Isolation, this will contribute to lower rentebane, but Norges Bank will also get januarindeksen before the next meeting. Continued solid growth in the housing market acts as an effective barrier to further rate cuts, he writes.

Also for 2016 total declined sales volume in the retail sector. The decline was 1.5 percent from the year before.

Increased import prices

part of the reason that the sales volume goes down, can be inflation on imported goods, believes Olsen in Nordea Markets.

It is one of the negative effects of a weaker crown, which overall is good for the Norwegian economy, but fraraner households with some purchasing power, ” he says.

– It is very different than what we are accustomed to, ” he adds.

the rate of Inflation on imported goods will probably come down somewhat in years, and it can have a positive effect on the retail industry, according to sjeføkonomen.

We are relatively optimistic on behalf of the retail sector for 2017. We think it will be a better year than 2016, ” says Olsen.

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All in Rolls-Royce Marine in Norway are offered a severance package – E24

(NTB) Published: 11:41 – 30.01.2017, Updated: 12:36 – 30.01.2017

The staff got sluttpakketilbudet Monday, writing Sunnmørsposten.

I’d like to emphasize that this is a voluntary arrangement. We have not set any targets on the number of applications that can come in, explains director of communications Anette Bonnevie Wollebæk to the newspaper.

She adds that the offer to take the severance package is one of the measures the group is implementing to cut costs. The employees after the newspaper know of the two-week deadline on the search. Outside of the notice period the company offers three to seven months of salary. The plan is to sluttpakkene three effect 1. march.

Rolls-Royce lit in December that they planned to downsize with 800 employees in marinedivisjonen globally. 1. December of last year, the company had around 1.800 employees in Norway, 1.630 of them are working at the five departments in the county of Møre and Romsdal.

Over a third in Norway

Marinedivisjonen consists of around 4.800 employees distributed in 34 countries.

Since 2015, the group has cut about 1.000 jobs, and half of these have been cut in the Uk, comes out of the press release.

– It is never easy having to go to the step to downsize, but we have no other choice than to continue to adapt ourselves to the market. We have a fundamental strong business that will be working through the short-term but major challenges, and at the same time focus for future technology that will create growth, ” said Mikael Makinen, director of Marine at Rolls-Royce in a press release in December.

Need to cut and develop

It is the tough times in the oil industry which is the main reason behind the cuts, and the director of communications Wollebæk says that they are now going to have to get down costs in a difficult market.

It is currently not known which countries will be affected by the cuts, but according to the communications director, it is natural to assume that it will be cut in Norwegian workplaces.

– It is likely that it will have an effect on us in Norway also, since we are, after all, a large proportion of the employees in the marinedivisjonen, said Wollebæk to E24 in December.

– Get to see how many

The employees have been aware that it could be any cutbacks in the workforce, but still don’t know how many that is going to stop.

– We’ll see how many there are when sluttpakkene conclusion, ” says a representative Kjell Bjørn Hatlebakk of the trade unions at Rolls Royce Propulsion in Ulsteinvik to E24.

The last few years, many companies in the offshore nedbemannet without offering severance pay, which is an offer to the employees to quit voluntarily to get the salary in few months extra. Hatlebakk think it is a good tool to use.

I don’t see anything negative in the severance package, he says.

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Decline in production in the industry – Today’s Business

Industry

Statistics norway’s business tendency survey shows the decline in production in the Norwegian industry. The outlook for the Norwegian industry is not very good, ” says chief analyst Erik Bruce at Nordea.

Published: 30.01.2017 — 08:01 Updated: 30.01.2017 — 08:38

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Norwegian respondents reported a decline in production in 4. quarter of 2016, still driven by the suppliers to the oil and gas industry.

It shows konjunkturbarometeret for the industry for the fourth quarter of 2016, according to Statistics norway (SSB).

Better than expected

the Composite economic indicator for the industry was in 4. quarter of 2016 on -0,4, up from -5,1, in the preceding quarter. This is below the historic average of 3.0.

The advance was expected, an index of -1, according to a compilation of various økonomers expectations conducted by Bloomberg.

An index of zero suggests growth in output in the next quarter, while index values below zero imply a decline in output. The indicator is calculated on the basis of what businesses answering about expected production, total stocks of orders and ferdigvarelager.

- It is a positive change, but still a negative development. The largest negative drawbar is past us and is already communicated through the oljeinvesteringsplanene that are reported, ” says senior economist Marius Gonsholt Hov, Handelsbanken to DN about konjunkturbarometeret.

senior economist Marius Gonsholt Hov, Handelsbanken. Photo: Thomas T. Kleiven

He points to the fact that Norway has two years behind the us with 15 per cent fall in petroleum investment, while in the year are reported in investments corresponding to a fall of around ten per cent.

More industries are affected

Indicator picked up slightly, but is still on the weak side, ” says chief analyst Erik Bruce at Nordea about the numbers.

the Decline in the third quarter, comes specifically from the manufacturers of capital goods, which experienced a further decline in production. The low activity among suppliers to the oil and gas sector contributes still to this development, and affects particularly the following industries, according to STATISTICS norway.

chief analyst Erik Bruce at Nordea Markets. Photo: Per Ståle Bugjerde

• machine industry
• the Construction of ships and oil platforms
• Repair and installation

the Outlook for the Norwegian industry is not very good, for we know petroleum investment is going to fall also this year, ” says Bruce.

He points out that kronesvekkelsen helps and that it is with respect to new orders.

- It is completely as expected. We expect in total that it becomes relatively weak year for Norwegian industry, but hopefully we are soon on the bottom and probably will be 2018 something brighter.

Positive expectations

The general bedømmelsene of the prospects for 1. quarter of 2017 is overall positive, according to STATISTICS norway.

industrial leaders sign yet that the investments nedjusteres something, and it is expected a further fall in employment. New orders from both the domestic and the export markets is expected to increase, and the overall decline in total stocks is assumed also to go up. The producers of intermediate goods and consumer goods is optimistic in his assessment of the coming quarter, while manufacturers of capital goods is negative, according to STATISTICS.

– A really bad detaljhandelstall – Dagens Næringsliv

Macroeconomics

Retail sales in Norway fell more than expected in December.

Published: 30.01.2017 — 08:01 Updated: 30.01.2017 — 10:11

the Article is added to your reading list.

retail sales excluding motor vehicles fell by 2.1 per cent in December, shows the seasonally adjusted volumindeksen as Statistics norway (SSB), put forward on Thursday.

-It is a really bad detaljhandelstall, ” says Eric Bruce, chief analyst at Nordea.

It was expecting a fall of 0.3 per cent, according to estimates collected by Bloomberg News, but the fall was far greater.

the Decline comes after a growth of 0.2 per cent in november and 0.9 percent in October.

Services saves the economy

Bruce believes weak detaljhandelsutvikling hangs together with the fact that the norwegians in the last year have had a relatively solid reallønnsnedgang. Wages have increased around two percent, while prices of goods have increased approximately 3.5 percent. Weakened Norwegian krone, it contributes by providing more expensive imports, and figures from the SSB is adjusted for rises in prices. As measured in nok has trade increased, but we got less gifts for the money than the year before.

-the Growth in the consumption of services has held up much better. It is therefore the Norwegian economy has fared relatively well, says Bruce.

He points out that tjenesteandelen of the economy increases, a development that is now probably helped by the fact that the services in larger extent is produced locally in Norway, and that the price thus does not go up because of the weakened dollar. At the same time, there is an international trend towards a larger share of services in the economy, says Bruce.

Growth of ecommerce

most of the industries had a decline in sales volume from november to December of this year. Sales in the grocery stores and spesialforretningene with the sale of food and drink contributed particularly to the decline.

“The only industries that had growth in sales volume from november to December, was e-commerce, sales of building materials, toy shops and pharmacies,” writes STATISTICS norway in a message Monday.

so-Called virkedagskorrigerte figures show that the sales volume to detaljhandelbedriftene went down by 0.7 per cent in the period October-December of last year compared with the same period in 2015.

Blåmandag for black Friday

Household kjøpelyst also fell markedly in the julemåneden. Household spending on goods fell by 1.7 per cent from november to December. There was a decrease in all commodity groups excluding the purchase and operation of cars.

the Consumption of clothing, shoes, furniture, sports equipment and other sports goods fell by 2.9 per cent in December.

STATISTICS norway writes that the decline of these items should be viewed in conjunction with strong novembertall, partly as a result of Black Friday.

Better prospects for the 2017

Bruce expect that 2017 will be something better for retail trade than 2016, partly because wage growth is expected to rise from around 2 per cent to 2.5 per cent in the course of the year, as well as the rise in prices of goods is expected to decline towards two per cent.

- With reallønnsnedgang, it is not really good news that people put consumption by industry?

-For your own wallet it makes sense, but for the country’s economy, we should have an increase, ” says Bruce, who points out that last year’s growth to be rescued by a growth of 3.5 per cent in tjenesteforbruket.

(the Case is updated)

The plaintiff auditors for the expensive alternation of generations – Today’s Business

Law

Two of the country’s most successful laksegrossister transferred large parts of the ownership to the children, and ended with a skatteregning of 10 million. Now think of the families that the auditor who gave the advice must take millionregningen.

Published: 29.01.2017 — 20:48 Updated: 30.01.2017 — 05:37

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In 2009/2010 transferred Coast Seafood-founders Sverre Søraa (52) and the Odd Martin is his own ” (49) large shares of their respective holding companies to the children. In the following claims both the founders that they would not made generasjonsskiftet if they had received better advice from his accountant.

Måløy-based Coast Seafood has been a dream come true for the founders Sverre Søraa and the Odd Martin is his own”. The company sells farmed salmon and per kilo for more than three billion in 2015, and the result before tax ended at nok 58 million. After a year in which kiloprisen has shot to the sky is probably the numbers are even better in 2016.

l Is the parent in a variety of fiskerelaterte companies

l Daily leader: Sverre Søraa,

l Chairman of the board: Hermann Alexander Cup

l Owners: Maan Invest (Odd Martin his own ” and his three minor children) 45,33%, Eili Invest (Sverre Søraa, and he and the two adults and one minor child) 45,33%

l Turnover in 2015: 3.073 million, up from 2.828 million the year before.

l the Profit before tax in 2015: 57,6 million, up from 49,9 million.

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Both have built up significant fortunes since the Coast was started in 1994. Even after generasjonsskiftet in all the holding companies Eili Invest and Maan Invest had Sverre Søraa a ligningsformue of 58 million by the end of 2015, while the Odd Martin is his own ” could boast with a net worth of 105 million.

10 million

Together with their total of six children have co-founders sued the auditors Odd Monsen and the auditing company Ernst& Young. They require replacement of nearly 10 million, including interest.

Of the claim constitutes the total of the employee’s social security contribution, the six children have to pay nearly two million, while the remainder is the dividend tax, gevinstskatt and additional tax fathers had to pay.

Lawyer Day Steinfeld at the law firm Wikborg and Rein represents sjømatgründerne and their children. He did not want to comment about the case, which will be up the court in February. Of the final Steinfeld has sent to the Bergen district court will, however, forward that Søraa and his own ” claim they would not have made generasjonsskiftet whether the auditor had obtained the correct tax paid.

Skattevilje

“The forward generasjonsskiftet would not have been made if the plaintiffs had received information about the tax this would result in,” writes Steinfeld. The assumption was that the “generasjonsskiftet could be carried out without the accrued tax”.

Lawyer Hanne Skaarberg Holen at the law firm Thommessen represents Monsen and Ernst& Young. She also refers to his sluttinnlegg. Which rejected the claim on the contrary with reference to the fact that it is partially outdated and that the auditor is not responsible for errors in the company’s aksjonærregister, which triggered the share of the tax debt. In addition, the opinion of the auditor that the employee’s social security contribution incurred was in line with what we were told.

Her clients believe they have never taken upon themselves the mission to assure the quality of the basis for generasjonsskiftet or the implementation of it. Holen shows that the rules for auditor independence that one cannot undertake such missions.

There are a set of three days to the case where both his own ” and Søraa will explain themselves to the court.

When Sverre Søraa was interviewed in DN in april 2016, he believed it was important and proper to pay taxes.

I’m proud of each skattekrone I pay, it is important to drive the nation of Norway, he said then.

Søraa has not responded to DNs questions about whether he has changed the meaning since that time.

Considering, to invest 40 billion in the solar energy – Hegnar Online

the World’s largest oil companies are considering investments of up to five billion dollars, the equivalent of 42 billion, in solar energy as a means to diversify away from oil production, say sources to Bloomberg.

The same sources claim that HSBC, JPMorgan Chase and Credit Suisse should be hired to look at potential oppkjøpsmål, as well as provide advice in connection with the agreements.

Already this year, the first agreements come able, say sources who are not named.

Neither Saudi Aramco nor any of the banks have wanted to comment on the information facing Bloomberg.

At the World Economic Forum in Davos, however, was Saudi Arabia’s energy minister and chairman of Saudi Aramco, Khalid Al-Falih, obviously offensive when it comes to the plans to be big on renewable energy.

among other things He said that the kingdom wants to be a global “powerhouse” of renewable energy which include solar, wind and nuclear power.

Within 2030, will the kingdom of produce 30 per cent of power from renewable energy sources, according to Bloomberg.

as of today, the country has only one solar pv plants in use, in addition to a small pilot project. It is a facility of 10 megawatts on top of the parking garage to Saudi Aramcos headquarters, informs news agency.

Norwegian savings flows into the indeksfond – Dagens Næringsliv

VFF

more and more norwegians put the money in indeksfond. – It is natural, according to toppsjefen in KLP Kapitalforvaltning. – You can turn it on its head, ” says Arctic-partner Sidre quiet calm.

Published: 29.01.2017 — 10:16 Updated: 29.01.2017 — 10:59

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According to the Norwegian mutual fund association (VFF), the Norwegian aksjesparere increasingly put their money in indeksfond – equity fund that follows the market – the last few years.

In 2016 reached, the proportion of total assets in Norwegian indeksfond the highest level ever, both for retail customers and institusjonskunder. Combined was in excess of 20 percent placed in the indeksfond this year.

“Difficult” to pick the winners

Fondsforvalteren KLP was the fund which had the second highest nettotegning to their fund in 2016, only beaten by the DNB. The proportion of funds placed in indeksfond amongst Klp’s customers has increased over the last few years. According to KLP was approximately one per cent of the total aksjesparingen for retail customers in Norway in indeksfond in 2011, while this proportion has increased to in excess of six percent in the day. The amendment by that sparerne has gone out of active funds and that new money has found its way to indeksfond.

– It is natural to have a greater share in the index, to avoid the risk of selecting the wrong manager, ” says managing director Håvard Gulbrandsen KLP Kapitalforvaltning to DN.

He believes it is still too low indeksandel among fondsforvaltningen in Norway, and that the majority of the shares should ideally be in indeksfond.

– the Norwegian mutual fund has done well over the last ten years, but it is not easy to pick the winner, ” he says.

Gulbrandsen refers to a review KLP has done over the Norwegian mutual funds in the last years, which shows that if one puts their money in the fund that has made it the best in the last year, or the last three years, one will not achieve a better return than putting their money in indeksfond.

Find winners

portfolio manager and partner at Arctic Fund Management Sindre quiet calm agree in that many actively managed funds have delivered poor returns in recent years, but disagree in the conclusions that indeksfond is the best for Norwegian savers and that it is impossible to point out the best active managers.

Several of the conditions these conclusions are derived from is outdated, he believes.

quiet calm leader the management of the fund the Arctic Nordic, which has an active share of 76 per cent. The fund has had a return of 140 per cent since its inception in 2012, 30 per cent ahead of the fund’s index during the same period.

In the actively managed equity funds seeks fund managers to find stocks that will provide better returns than the general stock market conditions.

The Norwegian active against the business idea is to beat the stock market conditions, represented by fondsindeksen (OSEFX) on the Oslo stock Exchange.

A indeksfond is a fund that aims to achieve the same return as the general stock market conditions.

An active fund is more expensive than a indeksfond. An active mutual fund sold to retail customers costs an average of 1,70 percent in annual management fees. A indeksfond sold to retail customers takes from zero to 0.3 per cent in management fees.

If the active fund does not beat the index, would customers earned to buy a indeksfond.

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quiet calm point out several common characteristics of the best active fund managers, and shows to the more academic study to detect similarities between active fund that shows good returns; among other things, large deviations from the indekssammensetningen, a long-term investment horizon and relatively few positions.

Active fund “shone”

An analysis conducted by Bloomberg shows that the ten best Norwegian aksjefondene had an average excess return of 21.3 per cent, the average yield of 31.8 per cent, with an average active share of 71,2 per cent. The ten worst funds, on the other hand, had an average excess return of 1.1 per cent in 2016, with an average aktivandel of 32,5 per cent.

– We see that funds with the highest active share really shone in 2016, writes Morningstars analyst Thomas Furuseth in the analysis.

quiet calm is not worried that more and more are investing in indeksfond, and believe the only solution to avoid losing customers to indeksfond is to deliver good returns.

For the industry as a whole, it is undoubtedly a challenge, but as long as you fail to deliver you can turn it on its head, ” he says.

Leading in Europe

– Both passively and actively managed fund has its natural place in the fondsmarkedet, ” says managing director Bernt Zakariassen in the VFF.

the Figures from the VFF shows that Norway is among the countries in Europe with the highest proportion of funds in indeksfond, after several years with the Zakariassen call a “marked increase”. In the united STATES, this share is far greater, at 22 percent by the end of 2015.

– Indeksfond are excellent products for those who are satisfied with to achieve markedsavkastningen. To be able to have the hope of achieving a return in excess of this, one will have to invest in active managed funds, ” he says.

See the parallels to major accidents – Today’s Business

Oil

the Man who saved Statoil from the company’s worst gassutblåsning in 2004, believes “Songa Endurance”-event is similar.

Published: 29.01.2017 — 20:05 Updated: 29.01.2017 — 20:05

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At the end of november 2004, fought a small group of people for 15 hours against a gassutblåsning on the Snorre field in the north Sea. Boreplanleggingen on the land had failed completely in the forefront, and it was pure luck that the crew had stabilized the well when they only had a few cubic meters of drilling mud left in the tanks.

the Man who led the work, was then oim Dag Lygre. Now wakes the memories to live after Statoil for just over a week ago, put forward a investigative report of brønnkontrollhendelsen on the rig “Songa Endurance” on the Troll field in October. Lygre believes that this incident also reminiscent of the run-up to Bp’s catastrophic blowout on the “Deepwater Horizon” in the gulf of mexico in 2010, a deadly blowout that got totally out of control.

– I see distinct parallels. There was a ukultur on the installation which allowed that such things happened. A did shortcuts from selskapskrav. It was the same as happened on the “Deepwater Horizon” also, a had done such shortcuts before. It had been usual, ” says Lygre.

Also Statoil’s investigation refers to the Snorre A and the Deepwater Horizon in a summary comparison, although there are several differences. Statoil received nok 80 million in fines after the Snorre blowout. “Deepwater Horizon” cost BP around 62 billion dollars in cleanup, fines and damages.

– We see that there is a need for improvements on the Goblins both within the quality in risk assessments and change management. It goes on how we handle changes from the original plans, ” says Statoil spokesman Ola Anders Skauby.

” We believe that nevertheless there is no basis for asserting that there has been local ukultur or shortcuts. We do not see any general practice that deviates from Statoil’s stringent requirements for well control.

do you See parallels to the “Deepwater Horizon”incident?

– There is a significant difference in these events. We had the barrier in place, that came after one minute.

Is it a possible cause of the Songa-event?

– We feel that it is streamlining and simplification that allows the wells are cheaper, not the shaving of the cost. The simplification and streamlining strengthen security, not weaken it. We have become better at planning and better at simplifying the well-design, ” says Skauby.

Investigation for “Songa Endurance”-blowout refers to several similar eruption.

• “West Vanguard” in 1985, which had high gassrater on the deck.
• “Treasure Saga” in 1989, with high gassrater on the deck.
• Snorre A in 2004, which failed in boreplanlegging and exchange of experience, and resulted in 80 million in fines.
• the Deepwater Horizon in 2010, where the de-sludging valve also was activated, then without working.
• the Gullfaks C in 2010, where the drilling programme was changed without the documentation, and gave Statoil nok 30 million in fines.

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“The Troll Way”

Lygre, who today works for the oil company Mærsk in Qatar, bases its assessment on a quick review of the report.

– the Field-teams at the Troll has over time developed a different operasjonspraksis from that which is used in the rest of the company, is there to read.

the Report describes how there had been an established routine on the Troll field, where a lot be to perform pressure measurements under certain draw operations even though this deviated from Statoil’s brønnintegritetsmanual.

Some of the interviewees have mentioned “The Troll Way” in a negative view, in the sense that “we have done such operations many times, they are standardized and simplified”. In this episode, it could have had a negative impact related to the awareness about the robust, independent barriers and hendelsesstyring, said the report.

the Report describes also how the crew of “Songa Endurance” had no experience with using the type vertical valve trees that were used. None the less chose to use a new type of valves as a barrier, a type that proved to work poorly in this setup. The communication between the people involved get rapids in the report. Important participants were not invited in risikovurderingsmøter.

– This is one of the most serious brønnkontrollhendelsene we have had in Statoil, ” said Statoil’s executive vice president with responsibility for the drilling operations Margaret Øvrum da Songa investigation was put forward last Friday. Photo: Tommy Ellingsen

Saved by the barrier). 2

Gassutblåsningen on the “Songa Endurance” were, however, stopped after a minute thanks to that barrier number two, boresikringsventilen on the seabed, worked. Admittedly struggled Statoil for the next ten days to drive gas out from the places it shouldn’t be in the brønnbanen.

Lygre think it is reassuring to see that the group is so open about the incident. He believes it would have been unthinkable for companies to publish such reports, for example, in the arabian Gulf, where he now works. He also emphasises that the Songa-the incident never escalated, thanks to barrier number two. The highest agent concentration, which was measured on the rig, was at 60 percent of the lower eksplosjonsgrensen.

– There is a very low level. They managed to stop this before it was directly life-threatening. It is, therefore, always work with two barriers. The other will turn into if the first fails. As such, it was within the design, and not very dramatic that happened, ” says Lygre.

Statoil spokesman Ola Anders Skauby said it is important for Statoil to transparency about such incidents, both for learning within and across the company. He refers to the company over several years has had a strong improvement in an indicator called serious hendelsesfrekvens, even if the arrows pointed the wrong way in the last year. He also rejects the Songa incident is directly related to Statoil’s efforts to streamline brønnoperasjonene.

Went to the one billion plus last year – now permitteres 100 employees – NRK

The financial results are so good that you almost don’t believe it is possible, said laksegründer Inge Berg in Nordlaks to the Current Business 13. January.

To the newspaper course of it he announced that the last year passed the one billion money in profit.

Large profit despite the fact – in a press release, informs the Nordlaks today that they permitterer 100 employees.

In the first place affected the people who work in filetfabrikken and the slaughterhouse in Stokmarknes. Nordlaks Products will keep the 20 people in work with the maintenance and upgrades until further notice.

Have no fish to harvest

Is it not a paradox to lay off when the profit in the previous year was so large?

It is a paradox, but this is not directly together. The background for that you have done it well, is that prices have been very high. We had had fish to slaughter also at this time here, when prices are extremely high, so it would have been positive.

the Problem now is that we don’t have fish to harvest, ” says commercial director Merete Kristiansen, who contends that it Nordlaks earn invested in the company and the industry as a whole.

Not a new phenomenon

Norway exported seafood for 91,6 billion in 2016. It is 23 per cent, or 17 billion more than in the record year of 2015.

Photo: Kallestad, Gorm / NTB scanpix

But how is it that a company with 420 employees and as of 2015 had a turnover of 2.2 billion suddenly doesn’t have fish to harvest?

Kristiansen explains that this is not a new phenomenon.

This hangs together with the fact that the fish farming industry is based on how much fish we at any time are allowed to have with the licences that we have.

Easily explained one can compare with having money in the bank, she explains:

• What the company reaps from time to time is “renta”, i.e. the fish grows.
• In North-Norway is the low temperatures during the winter, and then grows hardly fish.
• It means that there is something extra to harvest, and thus nothing to kill.

we Had cut down on fish now it means that we in the next place, that next year, smaller fish. For then we have in a way taken out of that which stands in the bank. You take out the money in the bank, you also get less interest, ” says Kristiansen.

This is a problem you see each year?

– Yes, mostly, and we have been forced to lay off earlier also. We have tried to speak up for that you can do it in a different way, and manage it differently. But as long as we have not reached through with it.

Need to hire in extra people in the fall

Merete Kristiansen points out that it is the regulations – together with the natural conditions for production in the North of Norway – that is the problem.

the Result is that for Nordlaks his person, then one-third of the harvest in the springtime, and two-thirds in the autumn. That means low production throughout the spring, with permitteringer in periods, and then double shift in the autumn.

– In the autumn we need to in addition hire the extra people. We would like to see that we could have had a smoother production, and put more fish in the spring. Then we had to be allowed to push any of the volume into the months where we have less growth.

Want to change the rules

Merete Kristiansen tells that it could be avoided permitteringer with a flexible biomassevurdering, which according to her is quite possible to get to.

– It will say that we are through the one year rolling average has a limit, but that in periods of the year can be above.

due to low sea water temperatures grow slowly in the winter, and it is thus too little raw material to keep the wheels in motion in the slaughterhouse and filetfabrikken to Nordlaks Products on the Kelty, which is dependent on purchasing raw material from farmers in the region, writes the company in a press release.

Photo: Marius Fiskum

DNB turns the alarm on – E24

(NTB) Published: 12:19 – 29.01.2017, Updated: 12:19 – 29.01.2017

In a semi-annually survey that Ipsos has done for the bank, it comes out that half of the respondents between 18 and 29 years of age, do not have any budget nyttårsforsetter for the year we have initiated.

Also, the answer of 46 per cent of the young people that they are planning to spend more money.

Of these, two of the three spend more on general consumption, travel and leisure. Only 13 percent will spend more on housing, 6 per cent more on debt repayment and 4 percent more in savings.

– May be smaller

It troubles Trond Bentestuen, which is DNBs head of retail, that so many of the young people who will spend more money, prioritizes consumption over savings.

– We must teach people that they actually need to save money and use common sense, he says to NTB.

He points out that there are good times in Norway, but that people need to plan for that times can change.

– There is no doubt that people have high confidence in their own economy, which is reflected in indicators of consumption and saving. But it is also clear that it can come in tighter times, ” states he.

Boliggalopp

A runaway housing market and tighter equity requirements is one important reason why the DNB asks the young people to think through their spending habits.

In the Ipsos survey provide 67 per cent of those between 18 and 29 years of age that they will save more in the next twelve months.

the Young state often that they will increase their savings for future boligkjøp. It comes, among other places, by the fact that 62 percent of those between 18 and 29 years of age who want to save more, will put the money to housing.

But the DNB would like to see that more young people were saving even more.

– When house prices are rising, it means that the requirements to saving increases, because the authorities are now tightening on utlånspraksisen for domestic purposes. It means that banks have less opportunity to deviate on egenkapitalkrav, says Bentestuen.

House prices have increased dramatically in the last few years, especially in Oslo.

It has caused the authorities to intervene with stricter regulations. Requirement of 15 percent equity, and a provision that a customer’s aggregate loans shall not exceed five times the lost income.

In practice, this means that the young need to save more, or get help, to get into the housing market.

Boligbyråden reject the housing-failure: – We do everything we can

Kredittregister

Bentestuen and DNB has taken measures to help strengthen the upcoming generations of knowledge about personal finances. Therefore, DNB, in cooperation with the Red Cross, made “Lessons”, a free education program for 5.– 7.-graders. So far have 960 schools registered on the programme.

– We must take a responsibility to give the rising generation the basics about personal finance, ” says Bentestuen.

– If you don’t have it, you can incur large liabilities that you do not see the consequence of and end up in the “luksusfellen”, he stresses.

DNB-top points out that the availability of unsecured credit is good in the world today and is therefore well pleased with that the next year is going in a gjeldsregister.

– What have we missed and sought after for many years, states Bentestuen.

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– Hansa said even up the nationwide agreement – Fanaposten

In 2015, said Hansa Borg even up the nationwide distribution agreement with Rema 1000. It confirmed ceo Lars Midtgaard opposite Fanaposten yesterday.

In 2015, we had a nice sales trend, and had 22 percent of the market through Rema 1000. In november 2015, during the negotiations for 2016 with Rema 1000, we felt that we were faced with unreasonable demands. We should pay more for the location in the stores and at the same time get less shelf space and product lines. It led to that we said up a commercial annex to the agreement with Rema 1000, which dealt with the conditions for volume, placements, and rates because the premise was changed. We wanted a binding agreement with new terms. The cancellation was made with respect to the renegotiation. We believe there must be balance between what one pays and what one gets back. Already at that time we got a wind of that Rema 1000 has its bestevennstrategi was under development, ” says Lars Midtgaard.

He admits that the very process of negotiations between suppliers and grocery store chains is quite complicated, and may not be as easy to understand for consumers.

It is consumers brands, merchandise they can find in the stores. From February, they will see the result of the negotiations between Rema 1000 and Hansa Borg Breweries, ” says Midtgaard.

Powerful reduction

the Negotiations between Hansa Borg Breweries and Rema 1000 chain has not brought forward. Yesterday morning met Hansa Borg-ceo Lars Midtgaard the press to tell what is going on.

” We have had two meetings just in the last week, and negotiations have led to that we have gone from being a domestic supplier in 2015 to become a local provider for Rema 1000-chain. From now on we shall only be represented Retail stores with five lines in Bergen and Hordaland, as well as a few items in the Vest-Agder and Østfold. In 2015 we sold 14.5 million litres of our products through Rema 1000. We estimate that after the transformation we will be down in the 1 million litres traded through Rema 1000 their business. This is a dramatic decline, and I have not witnessed in my 25 years in the dagligvarebransjen, ” says president and ceo Lars Midtgaard in Hansa Borg Breweries.

The five product lines of beer from Hansa Borg, which is to find at Rema 1000 is: Hansa Pils, Hansa Draught beer, Hansa IPA, Hansa White Ipa and Hansa Zero.

Find new friends

Midtgaard says that Hansa Borg lose 95 per cent of the volume they have sold through Rema 1000.

– Roughly 1 million gallons of around five per cent of the 15 million litres. The figures we have obtained from Nielsen, and it is the official figures, ” says Midtgaard.

Hansa Borg-the director is aware of the strategy forward.

” We will not lay us down and die. Rema 1000 accounts for 25 per cent of the dagligvarebransjen in Norway. The other grocery chains account for 75 per cent of the market. We still have the Coop, Norgesgruppen and Bunnpris. We must strengthen the cooperation with these, and now we’ll find ourselves our own best friends. We will never, says Midtgaard.

Hope to compensate

” We think this is a pity. It is a pity for consumers who have fewer choices when they shop at Rema 1000, and it is a pity for the Rema-the merchants, who are standing on and do a good job. We would like to been with and followed up, but the Rema group-management will it differently. As it is now, we apologize for the situation. We must prove that we are worth a bestevennsstempel, without that we must buy ourselves to such a position, ” says Lars Midtgaard.

What are the consequences of volumnedgangen will get for the employees of the Hansa Borg Breweries, do not know the Hansa-management yet.

We have implemented cutbacks in the workforce earlier. Now I hope the pursuit of their own best friends to compensate the loss of Rema 1000 volumes. If people continue to purchase our products through other dealers, we will see this pretty quickly on the volumes. Therefore, we choose to await the situation throughout the spring. We have an ongoing dialogue with the employee representatives in the company, ” says Midtgaard.

- hansa’s own sake

I’m irritating to me over the virkelighetsbeskrivelsen as Hansa Borg Breweries. In the entire 2016 has not Hansa Borg Breweries had some agreement about national delivery to Rema 1000. The reason for this lies in the fact that Hansa Borg Breweries said the nationwide distribution agreement in 2015. It’s no use to come now and accuse Rema 1000 for that there is a national agreement, ” says Eivind Madsen.

Similar terms

Madsen was one of several local Retail merchants which in its time pushed that the Hansa would get national distribution agreement with Rema 1000. He will not be with on that Rema 1000 sticking sticks in the wheels of the Hansa Borg Breweries. “Best friend-the strategy” is about to get better prices from grossistleddet.

I react when Hansa Borgs representative says that they do not have anything in against to compete against the small breweries as long as it is on equal terms. Rema 1000 is the smallest of the grocery chains, and we don’t have similar conditions as our competitors. It is what is the background of this whole case. Suppliers “premieres” the grocery chains where large quantities they sell. Let us say that the Rema 1000 has two similar goods of different brands, such as jam. The Rema 1000 25 per cent of the market with each of these two brands. If we remove one of an item type, and so we are investing in that we sell double of what mark we have left, is our market share to 50 per cent of the mark we have left. Then give the one the contractor us a better price on the purchase. That is what this case is all about. Rema 1000 want to get the same sales prices as competitors. Then there is competition on equal terms, ” says Eivind Madsen.

- No longer locally

Madsen can also provoke by Hansa Borgs appeal to lokalpatriotisme, and he believes that after that the ownership is no longer local, it will be wrong to play on the string.

– Hansa can no longer call himself a bergensbedrift, in my opinion. Hansa christmas beer 2016 was not a time manufactured in Bergen. The values that are generated at Kokstad, with the exception of the workplaces, sent as surplus to the parent company in southern california. Hansa and Ringnes has been just as little local. The same also applies Friele, which is owned by a Dutch company. Profits and value creation disappears away from Bergen, if one looks away from the workplace. For comparison, all Rema 1000 merchants in Bergen, locally owned companies as taxes to Bergen, ” says Eivind Madsen.

- We taxes to the county of Hordaland

Hansa Borgs managing director would like to comment on Madsen statements in this way:

– We have our head office in Kokstad. We taxes to the county of Hordaland, and we invest in production locally in order to secure the jobs of the 200 employees at Kokstad. Out of it, I do not want to comment on Eivind Madsen initiatives, ” says president and ceo Lars Midtgaard in Hansa Borg Breweries.

Despairs

Madsen understands that customers can respond to the strategiendringen as Rema 1000 has added up to, but he observes, that the resurrection was not as great as It did changes a couple of years ago.

It cut out all the eksponeringsfolkene who worked with placing goods in the shelves in the stores. There were so many people who lost their jobs. There was no one who responded to it. I am desperate and sad when people come with things that are obviously incorrect or misleading. All jam in the shelves of our that is of the Rema-the brand is produced by Lerum. We wars on to operate our stores every day, and we are portrayed as if we do not want to sell the products from Hansa Borg. It is the error. 60-70 per cent of the beer sold in my shop is Hansa beer, and we want to continue with that, ” says Eivind Madsen.

Norwegian will be the first with Boeing’s new aircraft – the Tu.en

When the fourth-generation Boeing 737s, to be delivered about three-four months, it is English that is the first to take the new aircraft type in use.

the Company confirms to CNN that they receive the first aircraft in may.

Thus, the English aircraft before american Southwest Airlines, who actually stood first in the queue.

Takes over the role

On the morning of Wednesday 25. January 2012 could the Norwegian present one of the greatest flight bookings. When the company had just flesh and ordered the entire 222 aircraft, of which 100 were of the remotoriserte and more efficient fourth-generation B737.

just over A month earlier had us Southwest Airlines ordered more B737. The company was lanseringskunde also on both the 737-300, 737-500 and 737-700 and should be the same on the 737 Max 8.

Boeing 737 Max 8 flew for the first time a year ago and shall be delivered in English from may. Photo: Paul Weatherman Boeing 737 Max 8. Photo: Paul Weatherman

ever since Norwegian put in kjempebestillingen five years ago, it has been clear that the company would be the first in Europe with the new aircraft type. Now rush they’re past the Southwest in the queue and becomes a global lanseringskunde on one of the by far the most important planes in aviation.

A type of aircraft that has been in production in over 50 years and so far have been delivered in well over 9.000 copies.

a year ago, the plan was that Southwest would receive the first aircraft in the third quarter of 2017. Now the first deliveries precipitated. It is certainly favorable with respect to competition with the corresponding remotoriserte Airbus A320 Neo which has been operational for a year already.

– it is important For us to have new aircraft because they are more efficient in operation and has lower emissions. In addition, the new aircraft more comfortable for the passengers, ” says communications manager Lasse Sandaker-Nielsen in Norwegian.

However, the story will show that there can be challenges with the new technology. It has English itself known, with a number of operational difficulties in the early stages, with the Boeing 787.

Max is an upgraded version of the luftas workhorse, the Boeing 737, so this will be different than when, for example, the Airbus A380 or the Dreamliner was put in commercial traffic, ” Sandaker-Nielsen.

New intercontinental routes

The first 737 Max was rolled out of the factory Seattle Tuesday 8. December 2015. “the Spirit of Renton” is the name of the testflyet, named after the factory location just outside of Seattle, and it flew for the first time 29. January of last year.

With new and more efficient CFM Leap 1B engines, and aerodynamic nyvinnginger as they split the vingetuppene, this 737-a, for example, able to fly transatlantic.

Boeing 737 Max comes with CFMs new Leap 1B engines. Viftediameteren has increased by 20 cm compared with the CFM56. Photos: JIM ANDERSON

It is also the plan to Norwegian: To exploit the increased range to put into the 737 Max on intercontinental routes. Today, the company the greater bredbuksflyet Boeing 787-8/9 Dreamliner on the longest routes. Now the 737 Max come in as a supplement where there is less passasjergrunnlag.

English receives six aircraft of this type in 2017, but where they will fly is not yet completely clarified, writes the company in an email.

New haleparti and new vingetupper on the B737 Max. Photos: Bob Ferguson

Boeing promises the 737 Max will be 14 percent more efficient than the 737-800 aircraft, which is still produced, and 20 percent more efficient than when the current generation 737 was put into operation in 1998. It is the new generation of engines that in essence should have the credit for effektivitetsforbedringen.

In addition to the CFM Leap 1B engines with a larger fan (176 cm) is the most eye-catching change on the 737 Max the new vingetuppene that is kløvd in two, with a oppoverbøyd and a nedoverbøyd part.

“Advanced Technology winglets” call Boeing that is a mix of tilbakestrøkede (“rake tip”) and oppoverbøyde vingetupper. This so-called “dual feather winglet concept provides a larger effective wing span and will provide up to an additional 1.8 per cent efficiency.

757-replace

Boeing provide range on the 737 Max 8 to “over 3500 nautical miles”. According to Norwegian is this 400-500 nautical miles extra compared to today’s 737-800 aircraft. The range is, for example, sufficient to fly Trondheim-New York city.

English receive in addition an additional alternative to the intercontinental and anything thinner routes for each:

at the same time the company ordered the 737 Max ordered 100 A320 Neo. Last summer did the English about the order and converted 30 of the planes to the new version A321LR which has the largest passenger capacity and range. These, the company shall use even when they are among the first to receive the aircraft in 2019.

Airbus launched this LR version as a replacement for the Boeing 757. The maximum takeoff weight (mtow) at 97 tonnes, and will be able to carry 206 passengers 4.000 nautical miles.

Have over 700 of 737-is

When it comes to the original lanseringskunden, ordered the Southwest just before christmas in 2011 all 150 737 Max and 58 737 NG. The order is later extended.

this is the Boeing 737 Max 8 in Southwest Airlines colors. Photo: Boeing Graphics

by this time The had Southwest recently had two incidents where the aircraft had to make an emergency landing with a hole in the ceiling. At one event had a two-metre hole caused by an overlapping shot “lap joint” in the ceiling approximately in the middle of the cabin, and the american accident found cracking in several places in the aircraft. It was later discovered cracking in three additional aircraft.

the Company flies exclusively Boeing 737 and today has a fleet of around 723 fly – quite exactly twice as many as Ryanair for comparison. Four months ago phased the company out of his last 737-500.

Boeing has made good progress with 2017 and has, among other hijacked storkontrakter of 100 737 Max 8 to SpiceJet and 75 similar aircraft to GE Capital Aviation Services. The company has now passed to 3,600 orders on the 737 Max.