The new Norwegian government has made clear commitment to the seafood industry (Source: Norwegian Seafood Federation)

Skjermbilde 2018 01 14 kl. 21.36.15 1000x500 According to Mr Geir Ove Ystmark, Managing Director of Norwegian Seafood Federation, the new Norwegian government has made clear commitment to the seafood industry.

 In the article he has mentioned an importance of focusing on other industries in Norway than petroleum industry. 

 Please read the original version of the article here.

 Mr Geir Ove Ystmark, Managing Director of Norwegian Seafood Federation

Picture: Norwegian Seafood Council

Seafood exports worth record-high NOK 94.5 billion in 2017 (Source: Norwegian Seafood Council)

f6lsgcof1gsaafcarnbq mainimageAccording to Norwegian Seafood Council, Norway exported 2.6 million tonnes of seafood worth NOK 94.5 billion in 2017. This is an increase in value of 3 per cent, or NOK 3 billion,  and an increase in volume of 7 per cent from the record year of 2016. This is the equivalent of 36 million meals every day, year round.

 Please read the original version of the article here.

 Picture: Norwegian Seafood Council

Kværner will participate in the construction of Russia's important and controversial new gas pipeline over the Baltic Seaorway will help Putin in building a large and controversial project. It may completely change the energy market in Europe.

According to the Aftenposten article from December 31, prepared by Mr Per Anders Johansen, Aftenposten correspondent in Moscow, Kværner will participate in the construction of Russia's important and controversial new gas pipeline over the Baltic Sea. Please read the full version of the article here (in Norwegian).

img121Picture: Aftenposten 

 Merry Christmas and a Happy New Year 2018!


Dear NRCC members, may your holiday season be all wrapped up with cheer and filled with celebration for the New Year.

Merry Christmas and a Happy New Year!

Please save the date for the first NRCC networking meeting in Oslo after winter holidays, to be held on 30 January at the NHO facilities.

With warmest regards, Administration of the Norwegian-Russian Chamber of Commerce.




Kværner ASA: Contract for Nord Stream 2 export gas pipeline facilities (Source: Kværner ASA)


21 December 2017 - The Swiss operating company Nord Stream 2 AG and Kvaerner have signed a contract for delivery of onshore facilities for a new Russian gas export pipeline. The contract value is somewhat above NOK 600 million. 

The planned new Nord Stream 2 pipeline across the Baltic Sea will provide reliable, affordable and sustainable gas supplies to the European market. Kvaerner's subsidiary Kvaerner LLC is contract partner for the work related to the construction of parts of the onshore facilities at the pipeline's export landfall facilities in the St. Petersburg region. The work will include procurement and project management for civil, mechanical and piping works in addition to installation of some onshore pipelines and service buildings at the facilities. 

The scope of Kvaerner LLC's contract consists mainly of civil works and foundations, procurement and installation of piping and valves for the pipe cleaning pig launch and receiver unit. The scope also includes installation of the approximately two kilometre long adjacent pipeline onshore, as well as construction of permanent buildings for operation of the gas export plant. Design of the installations will be performed by Nord Stream 2 AG's engineering contractor.
"We are excited to be selected for this important new project. We have extensive experience from both delivery of onshore plants and from solid track record on execution of projects in Russia", says Hans Petter Mølmen, Executive Vice President for Concrete & New Solutions in Kvaerner.

Kvaerner LLC's execution of the Russian export landfall facilities will take place in cooperation with local subcontractors and international suppliers. Collaborating with other international EPC contractors, Kvaerner LLC is part of a strong team which will ensure the execution of the Nord Stream 2 pipeline project with focus on HSSE, quality and efficiency.


CCI of Russia and NRCC discussed plans for 2018

On December 14, NRCC Administration met with Vice President of CCI of Russia Mr Vladimir Padalko. 


Mr Vladimir Padalko (CCI of Russia), Mr Dmitry Bystrov (CCI of Russia), Mrs Katarina Saetersdal (Member of NRCC Board), Mr Jarle Forbord (NRCC). Picture: CCI of Russia 

The parties discussed plans for future cooperation between the Chambers in 2018.

Upon request from Mr Jarle Forbord, Mr Vladimir Padalko informed of the results in 2017, plans for the upcoming year, current tasks and activities of CCI of Russia. On the other side, Mr Jarle Forbord informed that in November 2017 NRCC signed the Program Agreement with the Norwegian Ministry of Foreign Affairs for NOK 10 million (USD 1.22 million) for the period 2017-2020. The purpose of the upcoming NRCC events mentioned in the Program Agreement is an implementation of various activities regarding interests of Norwegian and Russian companies. The aim of those events is to increase the volume and diversification of trade and economic cooperation between Russia and Norway. As Mr Jarle Forbord mentioned, the Norwegian Ministry of Foreign Affairs was very much encouraged by the fact that the projects within the framework of this program will be implemented in a close cooperation with longstanding Russian partners of NRCC, in particular, the CCI of Russia and regional CCIs.

Also, the participants have talked about upcoming Russian-Norwegian Business Forum as a main event in 2018. It was decided that forum will be held on the 18th of October at the premises of the Congress Center of the CCI of the Russian Federation. Mr Vladimir Padalko and Mr Jarle Forbord have shared some ideas regarding concept and format of the event and so on. As NRCC believes, the most urgent topics for consideration at the forum are cooperation in the oil and gas field, shipbuilding and marine technology, science and research, aquaculture.

Finally, the participants in the meeting highly appreciated the parties' willingness to cooperate in 2018.



Russia & CIS Relevant Books 2017: Recommended Reading List

Dear NRCC members & partners, please find Russia & CIS relevant books 2017: recommended reading list, prepared by Chris Weafer, Senior Partner at Macro-Advisory Ltd from Moscow. 

weaferShort summary of the recommended reading list: 

Most useful & interesting books in 2017. The first section of this report lists the most useful (for investors and business managers) books about Russia, the CIS and Central Asia which have been published in 2017 and which offer some insight into either the economy and politics or simply how Russia works. Specifically excluded from this list are most of the “tabloid” books focusing on, e.g. the impending doom of war or simply ranting about why Russia/the CIS is either so bad or so wonderful. We mention just a few which, e.g. attracted media attention. This year there have been a large number of books covering the more sensational aspects of the Russia-US relationship, particularly the allegations surrounding the US presidential election and Donald Trump. These books are also excluded, as they offer no useful insight for investors or those doing business with or in Russia. 

The books we recommend are listed in no particular order other than within these thematic categories: Domestic Politics, International Relations, Economy,  Historical Russia,  General Books and Guides,  CIS and Eurasia.

 Download here the full report in PDF format.



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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