NorgesGruppen

Price Reduction Initiatives Dent NorgesGruppen’s Annual Profit

Investments in price reduction initiatives and increased costs led to a decline in profit for Norgesgruppen in its financial year 2022.

NorgesGruppen Urges Government To Control Price Increases In The Value Chain

Norwegian retail conglomerate NorgesGruppen has emphasised that controlling exponential cost increases in the value chain is essential to keep food prices...

Norway's Asko Tests Maritime Drones For Emission-Free Goods Transport

NorgesGruppen subsidiary, ASKO is testing two maritime drones to move goods across the Oslofjord, a 107km long 'fjord' (sea inlet) in the south-east of Nor...

NorgesGruppen Acquires Majority Stake In Dollarstore

NorgesGruppen has acquired 51% of Dollarstore to become the majority owner of the business, with founders Gudmundur As Birgisson and Sigurbjørg Sigu...

NorgesGruppen Co-owner Torbjørn Johannson Passes Away

Torbjørn Johannson, the co-owner of NorgesGruppen, has passed away at the age of 73 in Oslo, Norway.

NorgesGruppen Expects Weaker Sales In Second Half Following Bumper H1

Norwegian retail conglomerate NorgesGruppen has reported first-half sales of NOK 50.4 billion (€4.93 billion), a 5% increase, however CEO Runar Hollev...

Norway's Competition Authority Closes Purchase Prices Investigation

The Norwegian Competition Authority has announced that it has closed its investigation case on purchase prices against Norgesgruppen, Orkla and M...

Competition Authority Revokes Infringement Fee On NorgesGruppen

The Norwegian Competition Authority has revoked its decision to impose an infringement fee of NOK20 million (€1.98 million) on NorgesGruppen, the comp...