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  Issue No. 59 - 21 November 2008
   
  Newsletter for Norwegian-British Chamber of Commerce  
     
 
Dear NBCC members and associates,

Please find the latest British-Norwegian business news below. In advance thank you for feedback and news tips! (Send tips to: info@nbccuk.com)
regMain story:

TINE UK Ltd is now Norseland Ltd
The Norwegian Dairy Cooperative TINE BA has bought Ilchester Cheese Company Ltd for an undisclosed sum. TINE is through Norseland Ltd represented in the UK market, selling the following products: Jarlsberg, Snøfrisk and SkiQueen. Read more

 


regShipping, energy and offshore news:

Norway: smaller energy budget powers “Oil Fund”
Government spending on new oil and gas projects offshore Norway is seen falling in 2009 after costly efforts to stabilize ailing financial institutions, the head of the Nordic country’s “oil fund” said Thursday. Read more

Norwegian Energy stocks make huge gains
Norwegian energy stocks made powerful strides early Friday in defiance of oil dipping below $50 and the trend the night before in North America, where energy indices followed the burses in downward spirals of up to five percent. Read more

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Europe’s arctic oil, gas drive begins
The European Commission has officially called for cooperation with Norway and Russia — who are not members of the European Union — in coordinating its drive to secure the Arctic’s hydrocarbons and fish wealth. Read more

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Rumors regarding shipping loans
DnB NOR is aware that there are rumours and claims in the market concerning the quality of the bank`s portfolio of shipping loans. Read more

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regFish, food and beverages news:
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Support conservation measures in the North Sea
The latest initiative by the fishing industry to support conservation measures in the North Sea is due to begin in Peterhead next week. Read more

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Licences for new aqua farms distributed
Fisheries Minister Helga Pedersen on Friday issued licences for 65 new Norwegian aqua farms for salmon and trout nationwide for 2009. Read more

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regFinance, market and government news:
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mergermarket publishes the Nordic Mid-market report
70% of Nordic mid-market companies expect to participate in M&A activity over the next 12 months. Tumbling financial institutions have dented global investment expectations, but Sweden, Norway, Finland and Denmark appear to have ducked the credit crunch relatively well. Read more

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The return of the curvy cucumber: Commission to allow sale of 'wonky' fruit and vegetables
Rules governing the size and shape of fruit and vegetables will be consigned to history after European Union Member States today voted on Commission proposals to repeal specific marketing standards for 26 types of fruit and vegetables. The Commission's initiative to get rid of these standards is a major element in its ongoing efforts to streamline and simplify EU rules and cut red tape. Read more

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Commission adopts proposal to regulate credit rating agencies
The European Commission has put forward a proposal for a Regulation on credit rating agencies. This proposal is part of a package of proposals to deal with the financial crisis and adds to Commission's proposals on Solvency II, Capital Requirements Directive, Deposit Guarantee Schemes and accounting. The new rules are designed to ensure high quality credit ratings which are not tainted by the conflicts of interest which are inherent to the ratings business. Read more

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A European "blue card" for highly-skilled immigrants
The EU's "blue card" plan to attract highly-skilled immigrants to take jobs in EU economic sectors suffering from skill shortages, modelled on the US "green card" system, needs clearer definitions, said the EP Civil Liberties Committee on Tuesday. Read more

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Acting now for a better Europe: Commission brings forward its 2009 work programme
The priorities are structured around 4 pillars: Growth and Jobs, Climate Change and Sustainable Europe, EU’s citizens and EU’s role internationally. Read more

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regVarious Anglo-Norwegian news:
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King of Norway awarded Honorary Freedom of Newcastle
HM King Harald V of Norway received the Honorary Freedom of Newcastle upon Tyne when he visited the city on 13 November. Read more

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Girl Power! Norway closes the gender gap
Norway leads the world in closing the gender gap between men and women, according to the overall ranking in the World Economic Forum’s Global Gender Gap Report 2008. Read more

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Football: Another loss for Norway
Norway lost 0-1 to Ukraine in a friendly Wednesday evening. This means that Norway has not won one match all season,- the worst season in 30 years. 
Read more

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regExternal events:
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Special Swedish Christmas menu at Deep Restaurant & Bar
DEEP’s Swedish Christmas Buffet will be served on Saturday evenings and Sunday lunches from 29th November until 20th December, and will offer something special to diners. Celebrating Christian and Kerstin’s Swedish heritage, it will be based around a very traditional and, sadly, increasingly rare menu of classic festive dishes. Read more

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Norwegian Christmas tree in London
The 62nd Norwegian Christmas tree in Trafalgar Square will be lit on Thursday 4 December in the annual ceremony that attracts thousands of spectators to Central London. Read more

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Norwegian children's film at the Barbican
On November 23rd, the successful Norwegian children's film 'The Ten Lives of Titanic the Cat' will be screened at the Barbican during the London Children’s Film Festival. Read more

 
 
     
NBCC EVENTS CALENDAR
Date Title (click for details) Venue/Time
27 November 2008 Joint Nordic Thursday Drinks at Scandinavian Kitchen
A fantastic way to make new business contacts in an informal environment.
Scandinavian Kitchen (W1W), 7pm
28 November 2008 YP Christmas Dinner
In cooperation with The Norwegian Church and ANSA (Association of Norwegian Students Abroad)

The Norwegian Church (SE16)

 

5 December 2008 Christmas Concert and Reception
Musicians: Tord Gustavsen, Ingebjørg Kosmo and Tore Dingstad
St Martin-in-the-Fields (SW1)
 
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Looking for an appartment to rent from April 2009 - Carina B. Glomsrud November 16, 2008

 

 



We want to hear your success stories


We believe in networking and want our members to know about your success.

By being a NBCC member and through attending our events…

  • did you meet a new employer?
  • did you employ anyone?
  • did it benefit your business in any way?

Your story might be published in the next issue of our quarterly magazine ‘Connections’.

Please e-mail your story to hildegunn@nbccuk.com



 
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