Booming construction industry and interesting ONS coming up
June 8, 2016
News
Welcome to the latest business news from Norway!
In this brief weekly newsletter we would like to tell you about our local activity and success stories here in Norway, while giving you a quick update on the Norwegian industry news, latest business opportunities and coming events. Feel free to follow us on twitter as well @AnttiMakikyro and @FinnishPartners.

The Royal Family is waving to thousands of people during the national day in Norway. People are looking very nice in heir national costumes.
Finnish Partners stories
Last two months have been flying with many clients visiting in Norway and different national holidays during this time. I still have to say though that 17.mai (Norwegian National Day) is a fantastic celebration and you should experience it at least once. Maybe not too much business done on that day, but you get to see many happy Norwegians.
The industry is not maybe smiling everyday here but is very interesting. Construction industry is doing very well and especially companies within infrastructure are living their prime times. Offshore and maritime industry might be the more unsecure one but we still get news about big contracts everyday. So just remember to book your trip to ONS the soonest if haven’t done so. Hotels are impossible to get at this time so I would suggest using AirBnB or the booking through ONS administration. They have been usually very good at getting an accommodation for visitors.
Offshore industry has seen some interesting transactions during last months and this definitely means that companies are becoming stronger for the future market development. We have to remember that the projects are very large as well and contracts are worth of billions of kronors. Talking to the industry here it seems quite challenging situation with potential projects and opportunities. Either they are thinking about laying off people…. Or in the same time they need to recruit if they are getting even one project. And many of them are same time bidding for several projects. So many projects are happening and someone will be getting them. That’s why it is important to spend time on the market and get to know those companies.
Therefore ONS will be very exciting this year. Either we are seeing a bit more quiet exhibition or there will be many new announcements from the market. Remember also that there is Offshore Technology days in Bergen in October and again Norshipping exhibition in Oslo in May. Great opportunities to meet with companies.

Subcontractors are very big and important part of the projects in Norway. Without good suppliers the companies would not be successful here and therefore they are looking for new good partners all the time.
Construction industry in other hand is really booming. You might have read some news that Norwegian projects are giving work for Finnish laid off workers. So this was definitely great news for Ruukki employees, but same time the construction industry is looking for new subcontractors all the time. Finnish Partners were recruiting interior suppliers for AF Gruppen’s mega projects regarding a new national museum, Munch museum and Deichmanske library. These projects are so big that they wanted to invite all subcontractors to present themselves in their supplier day. We got four companies from Finland but didn’t like to see that other countries were highly more present. So we have to work on this and get Finnish companies to understand the potential here.
Infrastructure investments are sky high here and according to the new national transportation plan some €100 billion will be invested until 2029. I was talking about these opportunities in Finpro’s Intelligent Transportation systems and Mobility as a service day in Helsinki and you can find the presentations here.
At the moment Finnish Partners are heavily involved in construction projects, shipbuilding, offshore projects, different technologies (specially health tech) and looking for new companies to be presented into those projects in Norway.

You know you are a tourist during the national day when not wearing the bunad (national costume)
So let me know if you have any questions regarding upcoming ONS or any other projects in the market. The month of July will be a bit more quiet in Norway as well as it is in Finland. I am most likely visiting the eastern part of Finland at the end of June and visiting companies there. Please find many interesting projects from below links as well!
Enjoy the sunny days!
-Antti
Overview of the latest news in different sectors:
Offshore and Maritime
New orders – updated order list on Norwegian Yards.
Oceaneering AS gets a framework agreement with Statoil for subsea maintenance
4Subsea extends their contract with Statoil
DOF Subsea secures more work for Skandi Achiever
Karsten Moholt signs contract with Det norske
Contract for new types of cranes for PALFINGER MARINE Offshore Cranes
TCO is awarded a framework agreement from Wintershall
Novenco delivers HVAC-equipment to Martin Linge FSO
GE Oil & Gas is awarded a long-term deal on Sverdrup
Rosenberg awarded contract worth 600 million kroners from Sverdrup
Maritime Partner will launch their first catamaran
Two new contracts for Havila Shipping
Wood Group given a service contract with Statoil
Technip delivers umbilicals to Oseberg
Bartec Technor gets a contract with IKM Haaland
New walkway contract for Uptime
Six different companies are given drilling contracts with Wintershall
Sverdrup contract for Fjellstrand
Safetec wins framework contract with Det norske
Vex Gruppen Rekruttering og Bemanning wins a new contract
Håland Instrumentering check out Det norskes torch measures
Fiskerstrand builds a new environmental ferry
AGR has signed a framework contract for consulting services with Det norske
Aibel AS and Reach Subsea come to an agreement about working together
CCB Mongstad wins contract with Wintershall
Sotra Contracting secure a contract with Apply Sørco
This is Subsea 7s mystical customer
Siem Offshore buys Canadian company
New contract for Karsten Moholt
Kværner, Technip and Fluor are in the race for building the british FPSO
Origo Solutions wins contract with Hywind
Njord will be upgraded at Stord
Halliburton gets a huge contract with Wintershall
Egersund Trål secures contract with NOFO
Contract worth a billion kroners for Vard
Many new contract deals for Emas Offshore
Xodus is given a study contract with Lundin Norway
Westcon enter a subsea contract with Statoil
Maersk Training is handed a contract from Statoil for a drilling simulation program
Eureka get a framework contract with Det norske
Statoil gives a framework contract to Mjørud
Northern sea contract for Bibby Offshore
Three year contracts for Acona, Bjellcon and MDE
CCB get a new subsea contract with Statoil
German company secure a new contract with Statoil worth around a billion kronersSub Sea Services is given a new contract
Glassfiber Produkter is given a contract to deliver protection for subsea structures
Wood Group secure four new contracts with Statoil
Techonology
The online store Komplett becomes a mobile operator
Norway is working for more mobile broadband
Every year they increase their income by 30 million kroners
eSmart Systems wants to hire 30 people and double their turnover from last year
In the future facades will be packed with technology
This is how much a Norwegian developer earns in Oslo
Teknisk ukeblad is this years best niche website
Lenovo begin server production in Europe
Lynet sold to Broadnet for an unknown price
Norways minister of culture wants a Nordic gathering against IT-giants
Construction
Veidekke builds housing for Neptune Properties in Oslo
Svevia continues to work with Mosjøen
Åsane Byggmesterforretning builds a new school in Kleppestø
AF Group modernizes and expands student dorms in Oslo
AF Group builds for Statsbygg at Campus Ås
Strøm Gundersen builds Søndre Bondi Terasse in Asker
Anlegg Øst secured Jerbaneverket contract
Norwegian railroad company got the Alnabru contract
Betonmast builds for BOB Eiendomsutvikling
Statnett signs two new lucrative contracts
AF Gruppen builds a new care center in Etne
Seltor builds 149 new apartments
Busengdal will traffic secure Tresfjorden
GK signed a framework contract with Forsvarsbygg
Vegvesenet signed a contract with both Mesta and Traftec
LNS will build the Djupvik passing tracks on the Ofotbane
Veidekke is going to build the structural work on the new Munch museum
CURA-gruppen eye out new hospitals in Tønsberg
Maxbo and Backe have become partners by signing a supply agreement
Statens Vegvesen has signed an operating contract with Opedal Drift AS
Danish steel supplier goes big in Norway
Risa will rebuild the E39 Kirkehei- tunnel
Lemminkäinen is given a big contract from Implenia
Betonmast is building for Primahus Bolig in Trondheim
Statens Vegvesen signed a contract with Strabag AG
Consto builds Slemmestad Shopping park
Betonmast is building for the rescue company
Veidekke expand High school on Stjørdal
EVR-Norge builds new health park in Moss
LAB entreprenør builds the housing project Elsesro Brygge in Bergen
Team Bygg entrepreneur business signs a contract for 151 million kroners
Bravida will install and have service at their charging stations
Negotiating in overtime for a solution for the E18 tangle
Betonmast signed a contract at Ytre Enebakk school
Rambøll Water has a framework agreement with VEAS
Betonmast builds Nyhavn Brygge in Bergen
Peab is going to upgrade Tåsentunnelen in Oslo
Skanska, Peab and NCC choose Blåkläder-anska, Peab and NCC choose Blå Bergenith Statoil
Mvh,