The Sanctions Against Russia Are Determined by Our Own Needs (Commentary) Around 20 Norwegian businesses are under investigation for violating the sanctions against Russia. At the same time, Russian gas carriers anchor in Norwegian ports and fill up the Russian coffer with euros and dollars.
Norwegian Government Expects the Business Sector to Adhere to Sanctions The Norwegian Ministry of Foreign Affairs has sent out a reminder about the sanctions which applied to Russian fishing vessels' port calls. Among other things, it is specified that only emergency repairs of Russian fishing vessels are allowed. This could severely affect one of the cornerstone businesses in the Norwegian border town Kirkenes.
"The Constant Calls for Port Bans Causes Great Uncertainty for Our Operations" Continued debate about port bans creates significant uncertainty for Kimek in Kirkenes, Northern Norway. "The challenge is that some parties cannot let this issue go. It leads to uncertainty for our operations, our employees, and for the community here," says CEO Greger Mannsverk.
Nussir, LNS and Kimek Hope to Commence in First Quarter of 2021 “We really believe in Nussir and the people behind this project. We also believe in the future development of the price of copper, and we believe in developing the region in which this project will take place”, says CEO of LNS, Jonas Tetlie.