Norway : Market Reports
Norway
Perfect storm of high interest rates and weakening currency suppressing demand
The Norwegian boat market has been hit almost more by the tougher economics than its neighbour Sweden, despite the strong oil economy and the country’s massive oil fund.
NorwayNorway | 2022 Market Report
Positive momentum carries through early 2022 but war in Ukraine and rising material prices look set to take heat out of market going forward
NorwayRecord sales following sudden stop imposed by Covid
Out of lockdown, customers focus on domestic vacations with boating coming out as a major winner
SwedenMarket struggles to keep pace with boom
Staycations and influx of new buyers prove perfect hothouse for growth as market struggles to keep up with demand
Companies - Norway
NewsNavtor opens new office in Dubai to support regional growth
Navtor Middle East is the e-navigation specialist’s 13th office in the region
NewsVestdavit signs largest sales contract yet
Norwegian firm to deliver new davit systems to Damen Naval
NewsFinnmaster expands dealer network across Europe, Middle East and SE Asia
The Finnish builder is looking to strengthen its presence in fast-growing boating regions
People - Norway
NewsZEM appoints new CEO to drive global growth
Jonathan Sørbye takes up his position at the Norwegian firm in October
NorwayInsight | Knut Frostad - executive chairman, Henri-Lloyd
It’s been a turbulent few years for the revered sailing clothing brand Henri-Lloyd. Founded by Henri Strzelecki and Angus Lloyd in 1963, the brand was the go to choice for technical sailing wear, its on-water success mirrored with a winning crossover to fashion sportwear in the 1980s and 1990s, ...
NewsNew CEO at Fincantieri’s Vard subsidiary
Norwegian shipyard division has built a number of superyachts over the years
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