It goes against zero growth and fewer jobs in the Norwegian economy, according to Norges Bank’s survey.
The article has been added to your reading list.
– It is very quiet now. I’ve never experienced any period that has been quieter than this during my time in the industry. It is fiercely quiet now, says industry veteran Magne Orstad.
Regional network He is the owner and founder of the cornerstone enterprise Malm Orstad at Klepp at Jæren in Rogaland. Until the end of the 1980s produced now equipment for agriculture. Now it’s just the oil industry that stands on its customer list for now with 270 million in revenue and 140 employees on the payroll. In summer last year, the first signals of recession, and Orstad have had to terminate 11 employees.
– There were minor requests. It became thinner and thinner. We hoped it would go over. This is an unpredictable industry. But now this has lasted too long, says Orstad.
Malm Orstad is just one of a number of companies are finding that oil downturn in the Norwegian economy does not seem to go over with the first.
No comments:
Post a Comment