Business Chief Europe Magazine October 2018 | Page 58

Currency Norwegian Krone
Norway is named as the sixth ‘ easiest place to do business in Europe ’ by IFC and World Bank
Oslo ’ s population in the metropolitan area
CITY FOCUS | OSLO
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Currency Norwegian Krone

2015

Norway is named as the sixth ‘ easiest place to do business in Europe ’ by IFC and World Bank

1.71mn

Oslo ’ s population in the metropolitan area
also credited as being the world ’ s fourth best city for talent by the Global Talent Competitive Index .
Oslo ’ s startup scene may spend less time in the limelight than some of its Nordic cousins , but this is changing fast . In the past year , the Norwegian capital has seen a 160 % uptick in startup investments according to Oslo ’ s State of the City report – the second biggest jump in the Nordic region behind Sweden , which rose 171 %.
With the highest wealth per capita , Norway is also one of the richest countries in the world so there ’ s no shortage of money for investment . Last year , there were 78 investments in Norwegian tech companies , racking up total funding of $ 100 million , according to the 2017
OCTOBER 2018