All entries related to Norway, newest first. tag:eurotrack.ai,2026:en:en/countries/norway 2026-11-03T06:00:00Z Eurotrack tag:eurotrack.ai,2026:96c4daa4:en 2026-11-03T06:00:00Z

ACG Metals plans to acquire 100% of Blue Moon Norway from Blue Moon Metals, including its 94.52% stake in the Nussir copper mine under construction and other Norwegian development projects. The US$220m price is paid entirely in ACG shares; ACG describes the result as a high-growth European copper company (ACG Metals, announcement via Oslo Børs, 3 November 2026). — Source: https://newsweb.oslobors.no/message/685434

tag:eurotrack.ai,2026:01711a66:en 2026-10-30T06:00:00Z

BMO Entreprenør plans to acquire all shares in F15 Bergteknik and F15 Anläggning of Bålsta, Sweden, via BMO Fjell. The firms specialise in vibration-free rock splitting, rockfall protection and groundworks for Swedish contractors. Base enterprise value is SEK 38.5m (adjustable by +24/-20m to 2030), with expected 2026 revenue of about SEK 25m and EBIT of about SEK 7m. Closing is planned for Q4 2026 (Endúr ASA via Oslo Børs, 30 October 2026). — Source: https://newsweb.oslobors.no/message/685168

tag:eurotrack.ai,2026:a2f3da67:en 2026-10-26T06:00:00Z

Endúr's subsidiary BMO is buying steel contractor Notech, which has about 80 employees and expected 2026 revenue of NOK 185 to 195m, at a base enterprise value of NOK 120m. An earn-out can move the price by +35 or -20m NOK; the seller receives Endúr shares among other consideration (Endúr via Oslo Børs, 26 Oct 2026). — Source: https://newsweb.oslobors.no/message/684754

tag:eurotrack.ai,2026:af5fe12d:en 2026-10-26T06:00:00Z

Swedish family-owned group Stena AB, owner of Stena Line, has agreed to buy Norwegian ferry operator Color Line from Olav Nils Sunde and family. Color Line is to continue as a separate brand with local management and Norwegian-registered ships; completion needs regulatory approval, and the stock exchange notice gives neither price nor timetable (Color Group via Oslo Børs, 26 Oct 2026). — Sources: https://newsweb.oslobors.no/message/684805 · https://news.cision.com/de/stena-line-deutschland/r/stena-unterzeichnet-vereinbarung-zur-ubernahme-von-color-line,c4415356

tag:eurotrack.ai,2026:a6099c7f:en 2026-10-22T06:00:00Z

PartnerTech, a subsidiary of Norway's Fjord Defence Group, is acquiring Swedish precision manufacturer Microprecision for the defence sector, mainly ammunition components; the company had 2025 revenue of SEK 102m. Its 44 employees move with the business and the enterprise value is SEK 23m. Closing is expected in the fourth quarter of 2026, subject to approvals for the manufacturing permit and foreign investment (Fjord Defence Group, stock exchange notice, 22 Oct 2026). — Source: https://newsweb.oslobors.no/message/684573

tag:eurotrack.ai,2026:77872fee:en 2026-10-22T06:00:00Z

Danske Bank told staff on 22 October 2026 that 106 jobs will be cut, around half of them in Denmark. Roles in Norway, Finland, Lithuania, Poland and Sweden are also affected, the bank said in a statement (E24, live ticker, 22 Oct 2026). Single-source report; no primary release from the bank was found. — Source: https://e24.no/bors/nyheter/a/305963?pinnedEntry=305963

tag:eurotrack.ai,2026:d7e8ef61:en 2026-10-21T06:00:00Z

Parc Bidco, the acquisition vehicle of Norwegian leisure operator Activeon, signed the agreement to buy Funky Monkeys Playcentres (Airtastic) on 21 Oct 2026; Airtastic is a multi-activity group with sites in Ireland and Northern Ireland and an adjusted EBITDA of about €5.1m. To part-finance the deal Parc Bidco is exploring a tap issue of up to €24.9m on its bonds (€125m currently outstanding); the filing does not state the purchase price. Combined, the two would have pro forma revenue of €188.7m and adjusted EBITDA of €46.4m (Parc Bidco, stock exchange notice, 21 Oct 2026). — Source: https://newsweb.oslobors.no/message/684498

tag:eurotrack.ai,2026:b7800bef:en 2026-10-20T06:00:00Z

Magnora Data Center, together with Blix Group, has acquired an operating data centre in Oslo from an international telecom operator; Magnora holds 75% and Blix 25%. The site covers about 1,400 m² with up to 2 MW of IT load and is the third site in the Oslo metro strategy; Blix will connect it to its fibre network. The release names no price or job figures (Magnora Data Center, exchange release, 20 Oct 2026). — Source: https://newsweb.oslobors.no/message/684387

tag:eurotrack.ai,2026:edaa2172:en 2026-10-14T06:00:00Z

UK-based Kistos has signed a sale and purchase agreement with Vår Energi for a 10% working interest in three production licences in the Norwegian Balder-Ringhorne area; the upfront payment is USD 12.9m (effective 1 January 2026). It adds 4.3 mmboe net (reserves and resources combined), with the resource volumes expected on stream from 2029. Completion still needs approval from the Norwegian Ministry of Energy (Kistos, exchange announcement, 14 Oct 2026). — Source: https://newsweb.oslobors.no/message/684045

tag:eurotrack.ai,2026:7d8d3af0:en 2026-10-14T06:00:00Z

The Commission has awarded €168.2m to the first eight projects under the industrial reinforcement pillar of EDIP, covering components for missiles, drones and ammunition. The call, published in June 2026, drew 83 proposals from 23 member states and Norway. The projects are expected to cut production times by up to 90%; the source names no projects (European Commission, Daily News, 14 Oct 2026). — Source: https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2159

tag:eurotrack.ai,2026:815add34:en 2026-10-13T06:00:00Z

Owner Coral HoldCo, which held about 99.03% after a capital increase, bought all remaining shares by compulsory acquisition under Norwegian law on 13 October 2026 at NOK 0.80 per share – the price of the mandatory offer completed in September (Atlantic Sapphire, stock exchange notice, 13 Oct 2026). — Source: https://newsweb.oslobors.no/message/683978

tag:eurotrack.ai,2026:69796840:en 2026-10-09T06:00:00Z

The Norwegian fingerprint-sensor maker says it can no longer assume it will continue as a going concern after its financing fell through and the sale of its legacy business did not materialise. The board is preparing a bankruptcy petition that it intends to file with the competent district court on 12 October 2026. Annual operating costs had previously been cut from about NOK 73m to about NOK 41m, and the company says it will keep assessing alternatives until the filing. The release gives no figure for affected staff (NEXT Biometrics, Oslo Børs filing, 9 Oct 2026). Update (13 Oct 2026): On 12 Oct 2026 the board resolved that the parent and its subsidiary NEXT Biometrics AS file for bankruptcy; the petitions go to Oslo District Court and a trustee will be appointed, as no new financing materialised (NEXT Biometrics, Oslo Børs filing, 12 Oct 2026). — Sources: https://newsweb.oslobors.no/message/683850 · https://www.biometricupdate.com/202610/next-biometrics-to-file-for-bankruptcy · https://newsweb.oslobors.no/message/683958

tag:eurotrack.ai,2026:6d3a5eb6:en 2026-10-07T06:00:00Z

Norske Skog has taken the investment decision to rebuild paper machine PM6 at its Saugbrugs mill in Halden, idle since the April 2023 rockslide, at a cost of up to about NOK 850m. The rebuilt line is to make either up to roughly 300,000 tonnes of TMP-based kraftliner or about 230,000 tonnes of SC magazine paper a year and start up in the first half of 2028; machines PM4 and PM5 are then to close for good, and the new line needs fewer staff (the company gives no job figures). Funding is to come partly from a sale and leaseback of the PM6 building; the site is also exploring an 80–100 MW data centre on spare land (Norske Skog Oslo Børs filing, 7 Oct 2026). Update (1 November 2026): The letter of intent with Green Mountain for a data centre at Saugbrugs expired on 31 October 2026 and will not be extended; Norske Skog is continuing development of the 80-100 MW project and will look for a new industrial partner (Oslo Børs disclosure, 1 November 2026). — Sources: https://newsweb.oslobors.no/message/683727 · https://newsweb.oslobors.no/message/685269

tag:eurotrack.ai,2026:8ab5e2be:en 2026-10-07T06:00:00Z

SpareBank 1 Gruppen and the Kredinorstiftelsen foundation are selling the Norwegian debt collection and credit management firm Kredinor to a consortium led by Searchlight Capital Partners together with Fitzroy Capital, under a definitive agreement. The sale follows a strategic review of the company. No price was given; completion is subject to customary regulatory approvals and is expected in January 2027, with the current ownership remaining in place until then (Kredinor, Oslo Børs filing, 7 Oct 2026). — Source: https://newsweb.oslobors.no/message/683675

tag:eurotrack.ai,2026:eff3a6ac:en 2026-10-06T06:00:00Z

DNB, Norway's largest bank, is cutting around 400 full-time positions as part of a wide-ranging reorganisation of its Technology & Services division. The bank attributes the move to its use of agentic AI, which now handles previously manual work, notably customer data checks (KYC) as well as software development and coding. Restructuring costs will be booked in the fourth quarter of 2026, the reduction is to be completed in the same quarter and the full cost effect is expected from the second quarter of 2027 (DNB, stock exchange announcement, 06.10.2026). — Source: https://newsweb.oslobors.no/message/683620

tag:eurotrack.ai,2026:feaa77d9:en 2026-09-21T06:00:00Z

Norway's Public Property Invest (PPI) is acquiring six social-infrastructure properties totalling around 63,400 sqm from Sweden's SBB — among them a care home in Stockholm, a police station outside Helsinki and a Karlskrona project let to Saab on a ten-year lease; expected annual net operating income on completion is SEK 76 million. The underlying property value is about SEK 1.35 billion (a discount of roughly 3 %), with a net purchase price of some SEK 1.26 billion after deducting outstanding project costs: SBB receives around SEK 250 million in cash and about SEK 1.01 billion in just over 39.4 million newly issued PPI shares, lifting SBB's stake in PPI from about 41 % to 43 %. Completion is subject to resolutions by extraordinary general meetings of both companies and is expected in the fourth quarter of 2026 (Placera, 21 Sept 2026). — Source: https://www.placera.se/nyheter/sbb-saljer-fastigheter-for-135-miljarder--okar-agandet-i-ppi-2026-09-21

tag:eurotrack.ai,2026:a29d79e1:en 2026-09-17T06:00:00Z

On 17 September 2026 the Railway Directorate (Jernbanedirektoratet) received guidelines from the transport ministry for future contracts to procure passenger rail services. The government would have preferred to award the expiring contracts directly, but the rules of the EU's fourth railway package, adopted in 2021, no longer allow this, so several rail companies must compete; the traffic packages South, North and West remain, the state intends to set requirements on quality, maintenance and employee rights for bidders and to involve the unions through a reference group. Transport Minister Kamzy Gunaratnam, who succeeded Jon-Ivar Nygård on 11 September 2026, announced a more precisely defined mandate for the directorate later this year. (LOK Report, 21 Sep 2026) — Sources: https://www.lok-report.de/news/europa/norwegen/norwegen-die-eisenbahnbehoerde-erhaelt-die-uebergeordneten-rahmenbedingungen-fuer-kuenftige-verkehrsvertraege-im-schienenverkehr.html · https://www.regjeringen.no/contentassets/1057bae838a040b9877d1cdcb188adec/brev-til-jdir-overordnede-rammer-for-det-videre-arbeidet-med-fremtidige-trafikkavtaler.pdf · https://www.regjeringen.no/no/aktuelt/dep/sd/nyheter/2026/sporsmal-og-svar-om-trafikkpakker-og-konkurranser-om-drift-av-persontogtilbud/id3172998/

tag:eurotrack.ai,2026:38395c5c:en 2026-09-10T06:00:00Z

Owner CK Partners announced on 9/10 Sept 2026 that it plans to discontinue foundry production at Ulefoss Jernverk in Nome (Norway's oldest factory, founded in 1657) within three years, citing weak demand and competition from low-cost countries such as China; casting production would be consolidated at the Stange site. Around 114 employees are affected (source: Finansavisen/tu.no, 9 Sept 2026). — Source: https://www.finansavisen.no/industri/2026/09/09/8379204/norges-eldste-fabrikk-kan-bli-lagt-ned

tag:eurotrack.ai,2026:b79f2fc4:en 2026-09-01T06:00:00Z

Norwegian oil and gas producer DNO announced on 1 September 2026 a cash offer recommended by the Capricorn board for Edinburgh-based Capricorn Energy: USD 4.224 per share in cash plus a USD 0.99 special dividend, together USD 5.214 (about 384 pence) per share or an equity value of around USD 396 million — a 45% premium to the undisturbed share price. DNO thereby outbids Genel Energy's July offer (USD 4.74 per share, about USD 360 million) and gains entry to Egypt's upstream sector through Capricorn's production interests (Offshore Technology, 1 September 2026). Update (17 Sep 2026): On 17 September 2026 DNO and Capricorn agreed a revised offer structure: instead of $4.224 in cash plus a planned $0.99 special dividend, DNO Bidco pays the full $5.214 per share (about 388p) in cash, and the special dividend falls away. The total value of around $396m is unchanged, and the Capricorn board intends to recommend the revised offer unanimously (AskTraders, 17 Sep 2026). Update (21 Sept 2026): Capricorn Energy published the scheme document for the acquisition by DNO Bidco on 21 September 2026, meeting the UK Takeover Code's 28-day deadline following the 1 September 2026 announcement. The dates of the Court Meeting and General Meeting, and the scheme's effective date, are set out in the offer document and were not stated in the announcement (GlobeNewswire via MENAFN, 21 Sept 2026). Update (25.09.2026): Genel Energy raised its offer to USD 5.74 per share (about USD 436m); Capricorn's board withdrew its recommendation of DNO and now recommends Genel. The DNO offer has not lapsed; the relevant amount is carried by follow-up entry 7274828d (Capricorn stock exchange announcement via Investegate, 25.09.2026). Update (28.09.2026): DNO declared the terms of its USD 5.214 per share cash offer final — it ruled out raising it in response to Genel's USD 5.74 and will not switch to a contractual takeover offer. DNO therefore remains below the Genel offer, which Capricorn's board recommends (follow-up entry 7274828d) (ADVFN, 28.09.2026: https://uk.advfn.com/market-news/article/23609/capricorn-energy-shares-fall-as-dno-declares-5-214-offer-final). — Source: https://www.dno.no/en/investors/announcements/recommended-cash-acquisition-of-capricorn-energy-plc-2026-09-01/

tag:eurotrack.ai,2026:a66f8337:en 2026-08-20T06:00:00Z

DIY retail chain Bauhaus announced on 20 August 2026 that it will close all three of its Norwegian stores (Lier, Stavanger, Vestby); CEO Kenneth Litland confirmed 223 of the roughly 294 employees are affected (NRK, 20 Aug 2026). — Source: https://www.nrk.no/nyheter/bauhaus-legger-ned-i-norge_-_-223-personer-pavirkes-av-nedleggelsen-1.17996380

tag:eurotrack.ai,2026:670b3926:en 2026-08-04T06:00:00Z

First reported by Bloomberg on 4 August 2026 and picked up independently by several trade outlets. The counterparty is Volta Infra, a company founded only in January 2026 by former Brookfield executives, which has raised USD 300 million in venture capital at a USD 2.4 billion valuation; its investors include Nvidia. The amount is reported in US dollars, so no euro investment volume is given. — Source: https://the-decoder.com/anthropic-locks-in-10-billion-of-compute-from-volta-a-cloud-startup-that-didnt-exist-six-months-ago/

tag:eurotrack.ai,2026:eda11b60:en 2026-07-31T06:00:00Z

Norway's sovereign wealth fund (Norges Bank Investment Management) and Portuguese shopping-centre operator Sonae Sierra formed an Iberian joint venture on 31 July 2026 and simultaneously agreed to acquire eight Spanish shopping centres from Sociedad General Inmobiliaria de España (LSGI) for around €1.5bn. The portfolio, with over 250,000 sqm of gross lettable area, comprises La Vaguada, Gran Plaza 2, Plaza Norte 2, Plaza Río 2, Plaza Moraleja 2 and Plaza Loranca 2 (all in the Madrid area), Gran Vía 2 in Barcelona and Plaza Mar 2 in Alicante. Sonae Sierra takes over direct management of the portfolio and separately acquires 100% of management company SCCE with its more than 130 staff. The joint venture's ownership split was not disclosed; completion is subject to competition clearance. — Source: https://forbes.es/ultima-hora/992577/norges-bank-y-sonae-sierra-crean-una-joint-venture-y-adquieren-una-cartera-de-8-centros-comerciales-en-espana/

tag:eurotrack.ai,2026:1770e31d:en 2026-07-31T06:00:00Z

Norwegian renewable energy group Scatec is acquiring the ready-to-build 77 MW Urleasca onshore wind project in Brăila county, south-eastern Romania, from Swedish developer OX2. Total investment is around €168 m (excluding VAT), financed with non-recourse debt and equity at roughly 60% leverage. About 43 MW is secured under a state contract-for-difference at an average €71.3/MWh, with the remaining 34 MW sold on the Romanian wholesale power market. Financial close is targeted for the third quarter of 2026 and commissioning for the second half of 2028. The deal marks Scatec's entry into European onshore wind; the group is already building the 190 MW Dobrun and Sadova solar projects in Romania. — Source: https://www.scatec.com/en/scatec-acquires-77-mw-onshore-wind-project-in-romania/

tag:eurotrack.ai,2026:56a76658:en 2026-07-23T06:00:00Z

Energy services provider Expro announced on 23 July 2026 that it had completed the acquisition of Norwegian drilling technology specialist Enhanced Drilling for around NOK 2 billion in cash. Enhanced Drilling specialises in managed pressure drilling (MPD), controlled mud level and riserless mud recovery, operating mainly in the North Sea, the Caspian region and the Gulf of Mexico. Expro describes the deal as adding a 'transformational' MPD capability. — Source: https://www.expro.com/media-hub/news/expro-completes-enhanced-drilling-acquisition-adding-transformational-managed-pressure-drilling-capability

tag:eurotrack.ai,2026:9f976308:en 2026-07-09T06:00:00Z

Strengthens Europe's AI sovereignty through local, low-latency inference capacity as an alternative to US/Asia-centric Nvidia infrastructure; demand comes from European companies, research and governments. — Source: https://www.euronews.com/business/2026/07/09/cerebras-targets-europe-with-multibillion-dollar-ai-expansion-challenging-nvidia

tag:eurotrack.ai,2026:06acdf5f:en 2026-07-08T06:00:00Z

Telenor is buying 50.8% of the capital and 86% of the votes in Swedish internet provider Bahnhof from founders Jon Karlund and Andreas Norman at SEK 60 a share, plus Öresund's stake at SEK 62; a mandatory offer at SEK 62 to the remaining shareholders follows. The deal values Bahnhof at SEK 6.1bn and makes Telenor Sverige the second-largest fixed broadband provider in Sweden (Nyhetsbyrån Direkt via Placera, 8 July 2026). Update (2 November 2026): the Swedish Competition Authority has approved the acquisition, so all regulatory conditions are now met (Telenor Sverige, 2 November 2026). — Sources: https://www.placera.se/telegram/bahnhof-telenor-blir-huvudagare-avser-lagga-bud-ny2-20260708 · https://news.cision.com/se/telenor-sverige/r/konkurrensverket-godkanner-telenors-forvarv-av-en-majoritetspost-i-bahnhof,c4418775

tag:eurotrack.ai,2026:aee4b148:en 2026-07-08T06:00:00Z

According to the report of 8 Jul 2026, the European Commission has approved the joint acquisition of control of Norway's Nordic Ferry Infrastructure Holding by Swedish shipping company Gotlandsbolaget and Luxembourg's EQT Fund Management. The deal concerns passenger and freight ferry services in Sweden, Denmark and Norway; it was cleared under the simplified procedure (case M.12388) because the businesses of the buyers and the target neither overlap nor sit in the same supply chain. The report gives no price or closing date. (LOK Report, 8 Jul 2026) — Source: https://www.lok-report.de/news/europa/europaeische-union/europaeische-union-kommission-genehmigt-uebernahme-von-nordic-ferry-infrastructure-durch-gotlandsbolaget-und-eqt.html

tag:eurotrack.ai,2026:3d2d0362:en 2026-06-30T06:00:00Z

The French electrical engineering group is acquiring 100% of the industrial AI and data software provider Cognite (over 800 employees, revenue over $170 million in 2025) and intends to integrate it into its software subsidiary AVEVA. Completion subject to approvals. — Source: https://www.cognite.com/en/company/newsroom/schneider-electric-announces-agreement-to-acquire-cognite

tag:eurotrack.ai,2026:2aaeb1cd:en 2026-06-29T06:00:00Z

Finnish energy group Fortum and the board of Elmera agreed on 29 June 2026 on a recommended voluntary cash offer for all shares of the Norwegian power and energy services company at NOK 47 per share, about 59% above the 24 June 2026 closing price; the total value is around NOK 5.1bn. Major shareholders holding about 30.4% had signalled their support. Update (23 Oct 2026): settlement of the offer has been completed and Fortum holds about 91.9% of the capital; a compulsory acquisition of the remaining shares and a delisting from Oslo Børs are planned (Fortum, 29 Jun 2026; Oslo Børs, 23 Oct 2026). Update (30 Oct 2026): Fortum has resolved a compulsory acquisition of all remaining Elmera shares at NOK 47 per share and now owns all shares; payment is due by 5 Nov 2026 (Oslo Børs, 30 Oct 2026). — Sources: https://www.fortum.com/media/2026/06/inside-information-agreement-between-elmera-group-and-fortum-recommended-voluntary-cash-tender-offer-shareholders-elmera-group · https://newsweb.oslobors.no/message/684676 · https://newsweb.oslobors.no/message/685254

tag:eurotrack.ai,2026:e04b2cf7:en 2026-06-15T06:00:00Z

On 15 June 2026 Kesko agreed to buy the building-services wholesalers Dahl in Sweden and Brødrene Dahl in Norway and Denmark from the French group Saint-Gobain, the largest acquisition in its history. The price is €1.2bn on a debt-free basis, or €1.518bn including lease liabilities; the businesses had sales of almost €2.1bn in 2025 and, according to Kesko, run about 190 outlets with around 2,700 staff. They are to continue as three units under their own brands. The deal is initially financed with a bridge loan from Danske Bank and Nordea (Kesko release of 15 Jun 2026, published by Arctic Today). Update (24 Sep 2026): The European Commission cleared the deal unconditionally; Kesko expects completion by the end of 2026 (Kesko). Update (8 Oct 2026): Kesko plans a rights issue of about €500–700m to refinance part of the bridge loan and has called an extraordinary general meeting for 30 October 2026 (Kesko, 8 Oct 2026). — Sources: https://www.arctictoday.com/%F0%9F%87%AB%F0%9F%87%AE-kesko-to-strengthen-its-technical-trade-by-acquiring-dahls-operations-in-sweden-norway-and-denmark/ · https://www.inderes.fi/releases/k-ryhma-european-commission-unconditionally-approved-the-transaction-in-which-kesko-acquires-dahl-operations-in-sweden-and-brodrene-dahl-operations-in-norway-and-denmark · https://news.cision.com/fi/k-ryhma/r/kesko-suunnittelee-noin-500-700-miljoonan-euron-suuruista-b-osakkeiden-merkintaoikeusantia-dahlin-ru,c4406010

tag:eurotrack.ai,2026:8db647e6:en 2026-06-09T06:00:00Z

Backfilled entry: on 9 June 2026 Saab announced the sale of its Public Safety Solutions unit to Norway's Omda to focus on core defence areas. The situational-awareness software for police, fire services, airports and transport operators moves with its staff. Omda reported closing of the acquisition on 30 October 2026; Saab does not state a price (Saab, 9 June 2026; Omda via Oslo Børs, 30 October 2026). — Sources: https://www.saab.com/newsroom/press-releases/2026/saab-to-divest-its-public-safety-solutions-operations · https://newsweb.oslobors.no/message/685208

tag:eurotrack.ai,2026:494c80cc:en 2026-05-21T06:00:00Z

The first 7 km section of the Tinnosbanen from Notodden to Lisleherad returned to service with a ceremony on 21 May 2026; a train thus ran on this line for the first time since 2009. Bane NOR laid about 11,200 new sleepers for this, financed by state grants of NOK 45 million (EUR 4.2 million). The line, closed in 1991, is part of a UNESCO World Heritage site and belonged to the Rjukanbanen system, over which Norsk Hydro shipped fertiliser to Skien until 1991; the stated wish is museum operation on all lines, including the ferry across Lake Tinnsjø. (LOK Report, 26 May 2026) — Source: https://www.lok-report.de/news/europa/norwegen/norwegen-weltkulturerbe-wieder-betriebsfaehig.html

tag:eurotrack.ai,2026:2a7530f8:en 2026-04-30T06:00:00Z

The transport ministry under Jon-Ivar Nygård has decided that, after Go-Ahead's contract ends in December 2027, passenger trains on the Sørlandsbanen (Oslo–Stavanger) and Arendalsbanen will be awarded directly to Vy, initially for five years and without a tender; an earlier switch failed on legal grounds. The plans presented on 30 April 2026 provide for better punctuality, additional stops in Telemark, reserve trains and three new long-distance trains from Stadler. Go-Ahead, operator of the Sørlandsbanen, Arendalsbanen and Jærbanen since 2019, announced, according to a report of 8 June 2026, that it will leave Norway after 2027: despite NOK 500 million in state support it claims a NOK 530 million loss, and more than 1,000 services were cancelled between September 2025 and February 2026 because of vehicle faults. (LOK Report, 5 May and 8 Jun 2026) — Sources: https://www.lok-report.de/news/europa/norwegen/norwegen-die-eisenbahn-revolution-beginnt-zu-broeckeln.html · https://www.lok-report.de/news/europa/norwegen/norwegen-go-ahead-zieht-sich-aus-norwegen-zurueck.html

tag:eurotrack.ai,2026:b84ec7c6:en 2026-04-09T06:00:00Z

A consortium led by Gotlandsbolaget (54% of the acquisition vehicle) is buying 30% of Nordic Ferry Infrastructure from EQT for about €510m; EQT keeps 70%. The company runs ferry routes with about 3,200 staff and had 2024 revenue of NOK 9.0bn (Gotlandsbolaget, 9 April 2026). Update (8 July 2026): the European Commission cleared the deal as case M.12388 (European Commission, Daily News, 8 July 2026). Update (26 August 2026): the purchase has been completed as planned (Shippax, 26 August 2026). — Sources: https://mfn.se/a/gotlandsbolaget/gotlandsbolaget-enters-into-an-agreement-to-become-minority-owner-of-nordic-ferry-infrastructure · https://www.shippax.com/en/news/gotlandsbolagets-operating-result-holds-steady-as-fueleu-maritime-credits-offset-weaker-passenger-volumes.aspx · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1557

tag:eurotrack.ai,2026:1b381cfb:en 2026-03-03T06:00:00Z

The Norwegian government has cut the rail investment framework in the state budget from NOK 13 billion (2025) to NOK 10 billion (2026); on 3 March 2026 Bane NOR said it would therefore stop and postpone several expansion projects. Which projects are affected was left open; after a strong reaction the company withdrew the statement and replaced it with a milder version that confirms the reduced framework and says ongoing construction continues. A commentary in LOK Report sees a conflict with the National Transport Plan (2025–2036) and points to frequent, months-long line closures and permanent 20 km/h speed restrictions on the Sørlandsbanen between Kristiansand and Egersund. (LOK Report, 10 Mar 2026) — Sources: https://www.lok-report.de/news/europa/norwegen/65716-norwegen-regierung-kuerzt-budget-fuer-die-eisenbahn.html · https://www.banenor.no/nyheter-og-aktuelt/nyheter/2026/bane-nor-beklager/

tag:eurotrack.ai,2026:bfb11f1d:en 2026-02-18T06:00:00Z

The Railway Directorate (Jernbanedirektoratet) has decided which improvements the combined regional and airport train offer is to bring; Vy will operate it in Østlandet from December 2027 and takes over train services to Oslo Airport from Flytoget. The plan provides more departures, a common ticket for all trains, boarding and alighting at all stations and, on Drammen–Oslo Lufthavn (about 26 million trips a year, the busiest rail line in the country), departures every ten minutes at a single fare cheaper than Flytoget charges today. Since the last major change in 2014, domestic rail trips have risen by about 30 per cent, from roughly 60 to more than 80 million a year; the next change follows in 2028. (LOK Report, 18 Feb 2026) — Source: https://www.lok-report.de/news/europa/norwegen/65190-norwegen-neuer-fahrplan-fuer-2028-passagiere-in-ostnorwegen-profitieren-von-mehr-zugverbindungen-und-mehr-platz-an-bord.html

tag:eurotrack.ai,2026:b11cf7c5:en 2026-02-02T06:00:00Z

The triggers are external shocks: Russia's war of aggression against Ukraine, the security policy realignment of Europe, growing geopolitical uncertainty due to US foreign policy (Greenland threats). Previous referendums failed due to domestic resistance. The new debate: more factual, more strongly security-oriented. Norway is a NATO member but not an EU member; the EEA status is regarded as unsatisfactory, since it offers no say in EU rule-making. The economy and society are beginning to raise the question of accession anew. — Source: https://www.handelsblatt.com/politik/international/eu-beitritt-in-die-europaeische-union-in-norwegen-kehrt-die-debatte-zurueck/100195469.html

tag:eurotrack.ai,2026:218296ee:en 2026-01-26T06:00:00Z

Ten European countries agree to accelerate the expansion of offshore wind farms in the 2030s and to build a power grid in the North Sea – a milestone in transforming the ageing oil basin into a 'clean energy reservoir'. Plan: offshore wind farms with direct connections to various countries via high-voltage submarine cables; 100 gigawatts (GW) of offshore wind capacity (enough for 143 million households). Governments pledge to jointly build 5 GW of offshore wind capacity per year from 2031-2040. Over 100 companies signed an industry declaration on cost reduction and the creation of 91,000 jobs. German Chancellor Friedrich Merz: the North Sea is to become the 'largest clean energy reservoir worldwide'. The UK also plans to cooperate with Germany, Belgium, Denmark and the Netherlands on cross-border offshore projects with joint planning and cost sharing. Transmission system operators are to identify around 20 GW of 'economically promising' cross-border projects by 2027 (including hybrid projects such as a UK wind farm exporting electricity to other countries). — Source: https://www.theguardian.com/environment/2026/jan/26/uk-among-10-countries-to-build-100gw-wind-power-grid-in-north-sea

tag:eurotrack.ai,2026:c66e1239:en 2025-12-14T06:00:00Z

Electrification of the Meråker Line between Trondheim and Storlien (the Norway–Sweden border) began in 2023; the overhead line was energized in November 2025 and work was completed in December 2025. The overarching project (including the Trønder Line, about 120 km in total) cost roughly NOK 2.4 billion. It is the first newly electrified rail line in Trøndelag since the Dovre Line in 1970, with new electric Class 73/76 trainsets replacing the previous diesel units. Update (20 Mar 2026): On 31 October 2025 Bane NOR announced that the new high-voltage system between Eidum and the national border would go into operation on 1 November 2025, but a landslide between Hell and Gudå on 7 November 2025 closed the line and delayed electric operation on the Hell–Storlien section (between Trondheim and Hell it was scheduled from 15 December 2025). According to Bane NOR (report of 20 March 2026), the Meråkerbanen resumes operation on 23 March 2026 after extensive rock-securing work; because of reduced speed through the slide section SJ will run trains again only from 13 April 2026, with buses until then. Under a decision of the Railway Directorate (Jernbanedirektoratet, report of 13 November 2025), SJ Norge continues to run two train pairs a day on Trondheim–Storlien until 2028, using bimodal Type 76 trains instead of the diesel Type 93; no direct trains to Stockholm will be ordered, as they would be too expensive relative to the market potential. (LOK Report, 31 Oct, 13 Nov, 21 Nov 2025, 19 Feb and 20 Mar 2026) — Sources: https://en.wikipedia.org/wiki/Meråker_Line · https://www.lok-report.de/news/europa/norwegen/norwegen-die-merakerbanen-nimmt-am-23-maerz-den-betrieb-auf-doch-bis-zum-13-april-wird-weiterhin-ein-busersatzverkehr-angeboten.html · https://www.lok-report.de/news/europa/norwegen/65192-norwegen-die-merakerbanen-wird-am-23-maerz-eroeffnet.html · https://www.lok-report.de/news/europa/norwegen/63258-norwegen-erdrutsch-verzoegert-die-aufnahme-des-elektrischen-betriebs-auf-der-merakerbanen.html · https://www.lok-report.de/news/europa/norwegen/63054-norwegen-norwegen-schweden-bimodale-zuege-des-typs-76-auf-der-merakerbanen-nach-der-elektrifizierung-keine-zuege-nach-stockholm.html · https://www.lok-report.de/news/europa/norwegen/62675-norwegen-stromzuschaltung-auf-der-merakerbanen.html

tag:eurotrack.ai,2026:04241c1b:en 2025-12-02T06:00:00Z

Siemens Mobility and Sporveien put the radio-based Trainguard MT train control system (CBTC, grade of automation GoA2) into passenger service on a first 3 km section of the Oslo metro on 2 December 2025. The EUR 270 million contract, awarded in 2021, covers the complete replacement of the signalling system across the 86 km network and the integration of the 8 km Fornebubanen with six stations; no completion date for the whole network is given. According to Siemens, capacity rises from 28 to 36 trains per hour (about 30 per cent), with up to 40 technically possible, and Oslo is the first metro in Europe to use public LTE mobile networks for safety-critical train control. (LOK Report, 2 Dec 2025) — Source: https://www.lok-report.de/news/europa/norwegen/63513-norwegen-siemens-liefert-cbtc-system-fuer-die-oslo-t-bane.html

tag:eurotrack.ai,2026:a3e41595:en 2025-11-27T06:00:00Z

LKAB inaugurated a new ship loader at the port of Narvik on 27 November 2025; it replaces the loader commissioned in 1977 and was mounted at the same spot on the retained, refurbished crane. It forms part of an ongoing NOK 5 billion investment programme to 2029 that also covers automated silo systems, a new unloader at quay 5, conveyor belts and a new store for fine material. Around 22 million tonnes of iron ore products from Kiruna and Svappavaara are exported each year through the ice-free port, arriving by the Malmbanan; of some 300 ships calling, about 200 load LKAB products. (LOK Report, 2 Dec 2025) — Source: https://www.lok-report.de/news/europa/norwegen/63457-norwegen-schweden-lkab-staerkt-die-strategische-malmbane-route-mit-einem-neuen-schiffsbelader-in-narvik.html

tag:eurotrack.ai,2026:6c3c4002:en 2025-10-20T06:00:00Z

In its draft 2026 state budget the Norwegian government proposes raising funding for rail maintenance and renewal by NOK 1 billion (EUR 85 million), or 7 per cent, so that trains run more reliably and on time. The plan provides NOK 7.5 billion for operations and maintenance and NOK 7.9 billion for renewal and smaller investments, plus NOK 9.3 billion for rail investment to keep large ongoing projects such as InterCity and the Trønderbanen upgrade moving. It also proposes buying 13 new regional trains, after 72 new trains have already been ordered. (LOK Report, 20 Oct 2025) — Sources: https://www.lok-report.de/news/europa/norwegen/62364-norwegen-aufstockung-fuer-instandhaltung-und-erneuerung-im-staatshaushalt-2026.html · https://www.regjeringen.no/no/dokumenter/prop.-1-s-20252026/id3123501/

tag:eurotrack.ai,2026:d6a97af2:en 2025-09-11T06:00:00Z

The fully rebuilt Drammen Station (six new tracks, new platforms, raised 40 cm for flood protection) and the roughly 10 km new double-track section between Drammen and Kobbervikdalen on the Vestfold Line entered service in 2025, centred on the approximately 7 km Drammen Tunnel (6 km rock tunnel, 290 m soft-ground tunnel, 540 m concrete culvert). Scheduled train traffic began on 31 August 2025, followed by an official opening ceremony in Drammen on 18 September 2025. Bane NOR puts total cost at about NOK 13 billion (2025 prices) versus the 2019 control budget of NOK 12.7 billion; construction started in December 2019. — Source: https://www.banenor.no/prosjekter/alle-prosjekter/nytt-dobbeltspor-drammen-kobbervikdalen

tag:eurotrack.ai,2026:4976458f:en 2025-08-31T06:00:00Z

According to Bane NOR, the new double-track section of the Vestfold Line between Drammen and Kobbervikdalen (Buskerud county) is about 9 km long, including 6-7 km of tunnel through Strømsåsen, and opened for traffic on 31 August 2025. The project includes a new city bridge over the Drammenselva river, an upgraded Drammen station (platforms raised 40 cm for flood protection) and a permanent train parking facility at Sundland. Combined with the separate Nykirke-Barkåker project, it is intended to enable four trains per hour in each direction. — Source: https://www.banenor.no/Prosjekter/prosjekter/vestfoldbanen/drammen-kobbervikdalen/

tag:eurotrack.ai,2026:35597a59:en 2024-11-16T06:00:00Z

Bane NOR has commissioned the newest version of the digital train-control system ERTMS on the Gjøvik Line between Roa and Gjøvik; according to the operator this makes Norway one of the first countries in Europe running this system version in regular operation (a "historic day"). The Gjøvik Line is about 124 km long overall and connects Oslo with Gjøvik; the Vestfold Line is next in the nationwide ERTMS rollout. The project page does not state a specific investment figure, and Bane NOR notes that all three signalling suppliers have reported delays across the overall programme. — Source: https://banenor.no/Prosjekter/prosjekter/ertms/

tag:eurotrack.ai,2026:8506cea8:en 2024-05-31T06:00:00Z

To enable double-track operation between Bergen and Arna, a second roughly 7,800-metre tunnel bore through Mount Ulriken was built starting in 2013 — Norway's first railway tunnel driven with a full-face tunnel boring machine. The new bore opened for traffic on 13 December 2020 while the original 1964-built 7,670-metre tunnel was refurbished; total cost of the double-track project was about NOK 4.6 billion. According to Wikipedia, the overall expansion was completed in May 2024, giving the line continuous double track across two separate single-track tunnel bores. — Source: https://no.wikipedia.org/wiki/Ulrikstunnelen

tag:eurotrack.ai,2026:99c01d75:en 2022-12-31T06:00:00Z

Hywind Tampen is the world's first floating offshore wind farm built to power oil and gas platforms, located about 140 km northwest of Bergen in the Norwegian North Sea (water depth 260-300 m). It comprises 11 floating turbines (Siemens Gamesa SG 8.0-167 DD, 8.6 MW each) for a total capacity of 88 MW, operated by Equinor together with partners including Vår Energi, Petoro, INPEX Idemitsu and Wintershall Dea. It supplies electricity to the Snorre and Gullfaks platforms, came online in stages from November 2022 and reached full operation by May 2023 (official opening August 2023). — Source: https://en.wikipedia.org/wiki/Hywind_Tampen

tag:eurotrack.ai,2026:5d4bd05b:en 2022-12-11T06:00:00Z

The Follo Line is a 22 km double-track railway between Oslo S and Ski, whose centerpiece is the 19.5 km Blix Tunnel, the longest railway tunnel in Scandinavia. Passenger service began on 11 December 2022, with the official opening by King Harald V following on 12 December 2022, halving the Oslo–Ski travel time from 22 to 11 minutes. Final costs rose from an original estimate of about NOK 26 billion (2014) to NOK 36.8 billion. — Source: https://no.wikipedia.org/wiki/Follobanen

tag:eurotrack.ai,2026:c1ed3220:en 2022-12-11T06:00:00Z

By the end of 2022, Bane NOR had invested more than NOK 1 billion in upgrading the Gjøvik Line between Oslo and Gjøvik – the largest investment in the line since its electrification in 1963. The goal was an hourly base timetable between Oslo and Gjøvik (doubling frequency), achieved by lengthening passing/crossing loops (e.g. Monsrud to 1,165 m, plus Reinsvoll), rebuilding several stations (Jaren, Nittedal, Movatn, Hakadal, Gjøvik), and introducing the digital remote-controlled ERTMS signalling system on the Roa–Gjøvik section. The user-supplied source (banenor.no/Prosjekter/prosjekter-pa-gjovikbanen) is reachable but only lists currently ongoing/planned projects and no longer describes this now-completed project; the facts above come from a working replacement source instead. — Source: https://anlegg.bygg.no/bane-nor/storste-satsing-pa-gjovikbanen-siden-1963/1233045

tag:eurotrack.ai,2026:1cecc30c:en 2018-09-24T06:00:00Z

The 22.3 km new railway line between Farriseidet and Porsgrunn (Vestfold Line) cuts travel time between Larvik and Porsgrunn from 34 to 12 minutes; 15.3 km run through seven tunnels, including the 4.72 km Storberget tunnel. The line opened for traffic on 24 September 2018, with the official opening by Transport Minister Jon Georg Dale on 28 September 2018; construction costs were about NOK 6.1 billion. The list's date of 30 Nov 2018 could not be confirmed by the source or web search, so the verified opening date is used instead. — Source: https://de.wikipedia.org/wiki/Vestfoldbanen#Neubaustrecke_Farriseid