Norway

Coop Norway Elects Runar Leite As Its New Chair

Coop Norway elected Runar Leite as the new chair of its board at the company's annual general meeting.

Oda To Cut 150 Jobs As It Shifts Focus On Norway, Sweden

Oda plans to merge its Swedish, Norwegian and global management group as it seeks to achieve profitability in the Norwegian and Swedish markets by 2025.

Orkla Reports Growth In Profit And Volume In First Quarter

Norwegian conglomerate Orkla has posted an 8% year-on-year increase in profit before tax of NOK 1.9 billion (€160 million).

Premium

REMA 1000 Parent Reports 4% Decline In Annual Profit

Reitan Retail has reported a decline in profit for its 2023 financial year while store sales increased compared to the previous year.

Norway's Wealth Fund Backs Bid For PepsiCo Biodiversity Risk Assessment

Norway's sovereign wealth fund plans to back a shareholder proposal demanding PepsiCo conduct a biodiversity risk assessment.

NorgesGruppen Reports 9.3% Increase In Operating Income In FY 2023

NorgesGruppen has posted a 9.3% increase in operating income to NOK 112.2 billion (€9.7 billion) in its financial year 2023.

Norway's Kiwi To Remove Chocolate And Sugar Products From Checkouts

Norwegian discount retailer Kiwi is removing chocolate and sugar products from its checkout areas to assist people with making healthier choices.

Anora Appoints Stein Eriksen As New Finance Chief

Nordic drinks group Anora has appointed Stein Eriksen as its new chief financial officer and member of its executive management team, effective August 2024...