Nordic PR Wire

Iceland Investment Act recently approved

A new bill of law proposed by the Icelandic Ministry of Industry, Energy and Tourism for investments in Iceland has recently been passed. The ‘Incentives for Initial Investment in Iceland’ bill is directed towards promoting initial investment in commercial operations, the competitiveness of Iceland and regional development by specifying what incentives are permitted in respect of new investments...

Norway Oil Money Boosts Health as Biotechs Dig Up Cancer Cures

Norway, which built its wealth on salmon and oil, is emerging as a force in biotechnology as companies around Oslo discover new ways to fight cancer. PCI Biotech Holding ASA, whose product attempts to blast tumors with a drug charged by light, surged eight-fold on the Oslo stock exchange in the past year. Algeta ASA, working on a way to destroy cancer cells and spare healthy tissue, doubled over 12...

FIRST HOUSE: New senior advisory firm focusing on governmental affairs and financial communication and in Oslo, Norway

Oslo, Norway, 24th October 2009 – FIRST HOUSE is a focused strategic advisory firm with Norway and the Nordic countries as its home markets. The firm is founded on the belief that the strategic importance of excellent, insightful and honest advisory within financial communication and public and governmental affairs is a crucial value creator for clients within the public and the private sector....

Economic downturn hits businesses in Stockholm

The situation for businesses in Stockholm is now worse than it was following the bursting of the IT bubble, according to a report from the city’s Chamber of Commerce. The Chamber’s Stockholm Barometer finds that industries which remained unscathed during previous economic downturns, including the computer industry, are finding themselves struggling to withstand the pressures associated with the...