Doing Business in Norway

EENI- School of International Business

Subject - Doing Business in Norway. Oslo. Syllabus:

1. Introduction to the Kingdom of Norway (Europe, Scandinavia)
2. The Norwegian Economy
3. Doing Business in Oslo
4. The Norwegian Foreign Trade
5. The Foreign Direct Investment in Norway
6. Access to the Norwegian Market
7. Business Plan for Norway

The goals of the subject “Doing Business in Norway” are the following:

1. To analyse the Norwegian Economy and Foreign Trade
2. To evaluate the business opportunities in the Norwegian Market
3. To analyse the trade relations of Norway with the country of the student
4. To know the free trade agreements of Norway
5. To develop a business plan for the Norwegian Market

Description of the Subject: Doing Business in Norway

The Kingdom of Norway

1. Capital: Oslo
2. Official Language: Norwegian. The Norwegian has two modalities: The Nynorsk and the Bokmal
3. Area: 323,802 square kilometres
4. The Norwegian Population: 5 millions of people
5. Type of Government: Parliamentary Republic
6. Borders of Norway: Russia, Sweden and Finland
7. Religion in Norway:  Protestantism (Evangelical Lutheran Church) - Christianity
8. Norway belongs to the Western Christian Civilisation (European Economic Area)

The Norwegian Economy.

1. The Kingdom of Norway is one of the richest countries in the world
2. Norway is the country with the highest human development index
3. The Norwegian GDP (nominal): 501,582 millions of dollars
4. GDP per capita: 99,664 dollars (the third of the world)
5. Currency: Norwegian krone
6. Norway has abundant natural resources (natural gas, hydropower, fisheries and minerals)
7. Other important sectors of the Norwegian economy are the agri-food industry, shipbuilding, metallurgy, mining, paper and chemicals
8. Strong state intervention in certain sectors such as oil
9. Norway is one of the countries with the highest fiscal pressure in the world

The Norwegian Foreign Trade.

1. The Kingdom of Norway is the world's third largest oil exporter (25% of Norwegian GDP)
2. Norway is the world's second largest exporter of fishery products
3. Main Norwegian Exports: petroleum, machinery and equipment, metals, chemical products, ships, fishing products
4. Top Norwegian exports destinations: The United Kingdom (22%), Germany, the Netherlands, France, Sweden
5. Main Norwegian Imports: machinery and equipment, chemical products, metals, food products
6. Main suppliers of Norway: Sweden, Germany, China, the United Kingdom, Denmark
7. Norway as a member of the European Free Trade Association (EFTA) has free trade agreements with Jordan, Bosnia and Herzegovina, Canada, Macedonia, India, South Korea, Mexico, Peru, Chile, Singapore, Turkey, Lebanon, Central America, Morocco, Egypt, Tunisia, the Southern African Customs Union (SACU), the Gulf Cooperation Council, Montenegro, Colombia, Serbia, Ukraine, Albania, Georgia, the Philippines etc

International economic relations of Norway

1. European Free Trade Association (EFTA)
2. Inter-American Development Bank
3. Council of the Baltic Sea States
4. Regional Cooperation Council
5. United Nations
6. International Chamber of Commerce
7. World Bank
8. World Trade Organisation
9. International Monetary Fund (IMF)
10. Organisation for Security and Cooperation in Europe (OSCE)
11. Economic Commission for Europe (UNECE)
12. Group of States of the Council of Europe Convention against the corruption (GRECO)

❮ Samples - Business in Norway ❯