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Otto Søberg, CEO of Export Credit Norway

18 November 2020 15:04

Export Credit Norway, Q3: Good influx of loan applications despite uncertain outlook

- These are challenging times for Norwegian export businesses, but the situation speeds up a highly necessary conversion, said Otto Søberg, CEO of Export Credit Norway.
Export Credit Norway experienced a good influx of loan applications in the quarter, but notes that the pandemic hits the various business sectors differently.
Export Credit Norway paid out NOK 1,5 billion in new loans in the

15 May 2020 10:30

Q1 2020: Greater uncertainty due to COVID-19 and drop in price of oil

Export Credit disbursed NOK 3.2 billion in loans in the first quarter of 2020, considerably more than in the same quarter in the previous year (NOK 1.2 billion). 79 per cent of these disbursements went to shipping, cruise ships, special ships and financing of cleaning technologies for ships constituting the majority in terms of both numbers and value.

1 April 2020 10:30

Report: Export industry in western Norway hardest hit by coronavirus

The coronavirus crisis and the drop in oil prices is affecting Norwegian export industries. This is especially true for the counties of western Norway. 20,000 export jobs may be lost in Rogaland, Vestland and Møre and Romsdal counties in 2020. This is according to a report prepared by Menon Economics for Export Credit Norway.

25 March 2020 10:30

Report:The impact of coronavirus on Norwegian export-oriented trade and industry

The coronavirus crisis and the drop in oil prices is hitting Norwegian export industries hard. A new report prepared by Menon Economics on behalf of Export Credit Norway estimates that the impact may be severe and lasting for export industry, particularly for the maritime and oil service industries.
Up to 55,000 jobs in the most important export industries are at risk of being lost by the end o

14 November 2019 10:05

Report: Four key industries identified for a green and competitive business sector

The industries with the greatest potential for green, profitable and export-oriented growth in Norway are: renewable energy, maritime industry, seafood and the process industry.

10 October 2019 10:12

Report: Floating offshore wind can become major industry in Norway

The source is an analysis of the value creation potential associated with the development of a Norwegian floating offshore wind industry.

22 August 2019 10:10

Report: Strong “green” maritime growth in Norway

Turnover from technologies that reduce emissions of climate gases or harmful gases in the maritime industry has tripled in the past five years, to NOK 28 billion in 2018. The record high turnover laid the foundation for approximately 8,000 jobs in the Norwegian maritime industry last year.