Menon Economics with a new report on consequences of coronavirus for Norwegian industry

Menon Economics Corona report 2020

On 23 March 2020, Menon Economics published a new report "Impact of the corona virus on the Norwegian export industries". The report was comissioned by the NRCC member Export Credit Norway.

Corona crisis and oil price fall hit Norwegian export industries hard. The new report by Menon Economics estimates that the consequences can be serious and lasting for the export industry - especially for the maritime industry and the oil service industry.

Read more and download the report (in Norwegian only).

 

 

 

 

 

 

 

 

NRCC and Selmer's Corona Task Force invite to a webinar series

Selmer logo CMYK orange

We are in an extraordinary situation. The outbreak of the coronavirus (SARS-CoV-2) and the subsequent measures adopted by various governments affects all of us; people's lives and health, workplaces and business operations.

In this webinar series, Selmer's expert lawyers will give specific advice and highlight the most relevant legal issues that companies face as a consequence of the virus outbreak.

FOR REGISTRATIONS: please contact Ksenia Borzenina at kb(at)nrcc.no

Date: Thursday 26 March 2020, time: 12 – 12.30
Employment Law

  • What measures and restrictions can employers implement? Employer's right of management.
  • How are sick leave, temporary lay-offs handled?

Date: Friday 27 March 2020, time: 12 – 12.30
Corona Contract Management

  • What measures should you take to make sure that all contractual rights and remedies are correctly and timely invoked? Force majeure and contract renegotiation

Date: Monday 30 March 2020, time: 12 – 12.30
Crisis management and financial restructuring

  • The board's responsibilities and liabilities under insolvency law
  • Transactions structures for distressed m&a

Date: Tuesday 31 March 2020, time: 12 – 12.30
Covid 19 - good Governance

  • The role and the involvement of the Board - Duties, responsibilities and liabilities

Selmer also have an extensive network of expert lawyers in all relevant jurisdictions prepared to assist with local law requirements and formalities.

Please get in touch with:

Gro Loge Eirik Hoiby Kine B Christophersen

Gro Løge
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
M: + 47 917 67 516

Eirik Høiby
E: 
e.hoiby(at)selmer.no
M: + 47 934 53 926
Kine Bjelke Christophersen
E: 
k.christophersen(at)selmer.no
M: + 47 906 50 658

 




 

 

 

 

 

 

In Search of the Russian Market: - Everything is Permitted If It is Not Banned

High North NewsIn the recently published article, Arne O. Holm, Editor in Chief of an independent Norwegian newspaper High North News, writes about a larger Norwegian delegation to Vladivostok in the Russian Far East in the end of October 2019. The delegation was led by Norway's Ambassador to Russia Rune Resaland and consisted of business representatitives from more than 20 companies in addition to research and education institutions and organizations.

Several NRCC members took part in this visit, including members of the Møre Maritime Russia Cluster (MacGregor, Optimar, Kongsberg Maritime, Mørenot and Mustad Autoline) who carried out several executive level meetings with local fishing boat owners. Other NRCC members traveling to Vladivostok were Innovation Norway, the Norwegian Barents Secretariat, the High North Center at Nord University, the University of Tromsø (Norway’s Arctic university) and Northern Productions.

Arne O. Holm interviewed Ambassador Resaland and some of the members of the Norwegian delegation asking them to reflect on the current status of the Norwegian-Russian business cooperation and on how imposed restrictive measures affected their business. One of the interviewed - Lars Sundquist, the CEO of NRCC member company Northern Productions - has worked towards the Russian market since 1990, in the interview he elaborated on his new project - trout farming in the Ladoga lake in Karelia and the Leningrad region.

READ THE ARTICLE IN ENGLISH on www.highnorthnews.com

 

 

 

 

 

B2B Delegation to Kaliningrad on 09-11 October 2019

NRCC and several of its member representatives took part in the International Baltic Business Forum organized in Kaliningrad.

NRCC partner - Chamber of Commerce and Industry of the Kaliningrad region - assisted in organizing B2B meetings for the Norwegian delegation. Also companies from Estonia, South Korea, Poland and Lithuania joined B2B discussions.

2019 Kaliningrad 2019 Kaliningrad 3 2019 Kaliningrad 2

Please view a presentation of the Investment potential of the Kaliningrad region 2019 and a presentation of the Industrial Park Khrabrovo forwarded to the NRCC by the Kaliningrad Region Development Corporation - one of the organizing partners of the Baltic Business Forum.

 

 

 

 

 

 

 

 

Presentations from NRCC Business Seminar in Petrozavodsk, Karelia on 24 September 2019

Status in Norwegian–Russian Trade 2019. Cooperation within Aquaculture sector. By Jarle Forbord, Managing Director, NRCC and Hans-Olav Rekdal, Senior Project Manager, NRCC.

Economic Development and Investment Potential of the Republic of Karelia. By Pavel Burenkov, Minister of the Economic Development and Industry of the Republic of Karelia

Norwegian wood house construction – potential for cooperation. By Bjørn Ove Volden, Export Manager, Hunton

Karelian timber industry – a wide range of opportunities for bilateral cooperation. By Roman Petukhov, Head of Analytics and Timber Industry Department, Ministry of Natural Resources and Environment of the Republic of Karelia.

Norwegian Aquaculture sector – latest developments and innovations. By Alexei Bambulyak, Senior Adviser, Akvaplan-niva

Norwegian Economy: status and outlook. By Katarina Sætersdal, Senior Advisor, Confederation of Norwegian Enterprise

Aquaculture sector in the Republic of Karelia. By Evgeny Rekin, Head of Fisheries Development Department, Ministry of Agriculture and Fisheries of the Republic of Karelia

Investment Fund for North – Western Russia and Eastern Europe. By Hans Christian Dall Nygård, Head of the State Investment Fund for North–Western Russia and Eastern Europe

Automation and decision-making support at aquaculture enterprises in Karelia. By Alexander Rumyantsev, Senior Researcher, Karelian Research Centre, Russian Academy of Sciences

Aquaculture in Norway:Planning, control and monitoring. By Gjermund Bahr, Senior consultant, Akvaplan-niva AS, Tromsø

Agricultural park AQUA-BIOTECH KARELIA: background for establishment and development prospects. By Yuri Saveliev, Professor, North-West Institute of Management of the Presidential Academy of National Economy and Public Administration, Consultant for the agricultural park project

Landbased trout farming – the total value chain. By Trond Karlsen, Sales Manager, AquaOptima, part of ScaleAQ

Modern trout processing and freezing trends in Aqua. By Dag Roar Arntsen, Sales Manager Aquaculture, Optimar and Grigory Pokotilo, Optimar representative in Russia

Game changer in fish farming on land. By Torbjørn Haaland, CEO, Nordic Molecule, a subsidiary of Jutland Group

 

 

 

 

 

 

 

 

 

SELMER'S SANCTIONS MAP

NRCC member company Law Firm Selmer has launched a "Sanctions Map" - a comprehensive overview outlining the current EU and Norwegian sanctions against different countries world-wide. Based on the feedback from our members, we believe that this could be a valuable tool for NRCC member companies and other market players doing business in Russia.

Click on the map to access the overview for Russia-related sanctions.

Sanctions map by Selmer

 

 

urban growth

On 23 May 2019, BI - Norwegian Business School will host the 6th annual Norwegian seminar of green economics, focusing on Urban development into the future.

-Mission-Oriented Innovation for 100 carbon neutral cities by 2030, launched by Mariana Mazzucato, UCL London, to be presented by project leader Martha McPherson 

-A good disruption on food, mobility, buildings by CEO Martin Stuchtey from Systemiq / McKinsey.

-Good Urban density, by prof. Kathy Pain from Reading Business School

The Norwegian Seminar on Green Economics - URBAN GREEN GROWTH is a collaboration between BI (Norwegian Business school), Oslo University, and IFE and members of NRCC are welcome to join.

Urbanization could in principle be a strong enabler of a green, net-positive economy. But on our current trajectory, cities are growing into 'more of the old' rather than the infrastructure for a new better economy. This seminar gives you the theory, practical examples and opportunity for mingling to get you updated. The event is open to guests and may be of interest to NRCC members.

See full program on web.

Free attendance, but registration required.  

 

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The aim of the NRCC is to stimulate and improve business relations between Norwegian and Russian companies regarding import, export, shipping, business development, tourism or investment activities. More...

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