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Hydro: Qatalum restart imminent

Qatalum is preparing for an imminent restart of primary aluminium production, following a power outage in early August this year. Full capacity is expected by the end of the first quarter 2011.


Next generation wind turbine on test

In the world’s northernmost wind farm at Havøygavlen, in Finnmark county, Statoil is to test next generation turbine technology. The innovation is a promising gearless turbine.


One of three work overtime gratis

Fifty per cent of all Norwegians work overtime every week. One out of three does this without compensation, according to a new survey made by InFact News for Xtra Personnel.


Air Travel: Increased traffic for SAS

SAS airlines carried 2.2 million passengers in August. This is an increase by 7 per cent, compared with August last year. The load factor improved to 78.2%, record high for August.


Strong Growth in the Housing Market

Fresh numbers from Statistics Norway (SSB) show that the housing market is rebounding. In fact, house building has grown by 30 percent in the last year.

The growth is most noticeable in orders for new private houses, which grew by 59 percent from the second to third quarter in 2010. However, also orders for commercial structures grew by 32 percent in the same period.

Renovation of private housing grew by around 28 percent, but for commercial buildings this rate remained stable in the last year. The demand for new industrial complexes fell by 10 percent since the same period last year, remaining stable in the second quarter.

(NRK/SSB/TV2 Nyhetene)

Contributed by Thor Steinhovden


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