People Doing business - Photo: Ilja C. Hendel
Photo: Ilja C. Hendel

Doing business in Norway

There are many good reasons for doing business in Norway, such as the high level of education, high productivity, and a longstanding culture of innovation. Norway has one of the world’s strongest economies. High priority is given to knowledge development, innovation, technology and maintaining a sustainable business sector.

The Norwegian authorities wish to encourage foreign investment and the setting up of businesses in Norway. Norway has a predictable business climate with an open economy and good access to major markets. Making the most of its natural resources is important for Norway, for instance by exporting seafood, oil and gas.

Large Indian IT companies, as Tata Consultancy Services (TCS), Wipro and Infosys have established offices in the Nordic countries and are winning contracts from Norwegian companies.