Statkraft puts partly built Turkish Power plant up for sale

Statkraft is launching a process to sell its partly built Cetin hydropower plant in Turkey, with the deal expected by the end of this year, the state owned power produser said on June 13.

Nortus Group is in the board of members of the Norwegian Turkish Business Association.

Partner and managing director at Nortus Group, Behram Zakariyya was chosen to the board of members of the newly established Norwegian Turkish Business Association - Notid. The association is non-profitable and aims to increase and encourage econom...

Joint Venture Between CIC, Russia State-Backed Firm Plans $800M Tourism Fund

A joint venture between the Russian Direct Investment Fund, or RDIF, and China Investment Corporation, or CIC, plans to raise an $800 million fund to invest in infrastructure for senior living centers and to tap rising Sino-Russia tourism, a top e...

Norway is expanding free trade agreement with Turkey

Turkey and the EFTA countries have agreed to extend free trade agreement to also include trade in services. The agreement with Turkey from 1991 is the oldest EFTA agreement and it only covers trade in goods. Norway wants to negociate a more compre...