Norwegian Forest kilometer Halden factory is assisted by her weak dollar, but the control is the clear that more is required to survive.
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Oslo Stock Exchange defied market turmoil and had this week it’s price rally since December 2011. Norwegian Skog shares were down 5.3 percent last week, although the company is assisted by the latest penny drop.
Norwegian Forest giant factory in Halden penny drop that clean doping. Over 500 employees receive salaries in weaker Norwegian krone, while almost all magazine paper they stock goes to foreigners, for precious dollars and euros.
– It gives us a breather, but costs must still down, says Kjell Arve Kure, plant manager at Saugbrugs.
In the 1990s was invested three billion dollars in this factory, and this was the decade’s corporate investment in Norway.
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