NORWAY >  Germany based Siemens is set to digitalize the Norwegian Railway infrastructure which is the biggest rail infrastructure order in Siemens history totaling around 800 million Euros ($989.17 million)

Siemens logo1 Siemens is set to equip the entire Norwegian railroad network of approximately 4200 track kilometers. European Train Control System (ETCS) Level 2 type Trainguard combined with the interlocking type Simis W and IP-based wayside network communication solution type Sinet will be equipped in the railroad network. Siemens has also received a maintenance service for 25 years in the contract which More …

NORWAY > The Netherlands based Bitfury is set to invest $35 million in new energy- efficient data center in Norway and creating 30 new local jobs

Bitfury logo Bitfury Group is set to expand into Norway with the opening of an energy efficient data center investing about  274 million NOK (35 million USD) in the data center’s infrastructure and expects the center to create approximately 30 local jobs. Two physical sites in Mo Industrial Park in the town of Mo i Rana is planned by the data center. More …

NORWAY > France based Saint-Gobain finalizes acquisition of Glava

Saint Gobain logo After receiving permission from the Norwegian Competition Authority, Saint- Gobain has announced that it has been holding exclusive talks with the founding families and shareholders of Glava. Glava is one of the market leading companies in the insulation market in Norway and has reported sales of over  €140 million ($185.5 million) in 2016. Glava has two glass wool plants in More …