Hordaland 2006

Innovation Norway Hordaland had an active and good year and can boast of extensive activities with good results. The office has substantial financing activities. In 2006 the office had a very good budget utilisation and all of the local grant schemes were utilised in full, with a total of around NOK 90 million in new grants.

Norway is currently in a period of strong economic expansion and the gross domestic product (GDP) for mainland Norway has grown by over 3.5 per cent since the summer of 2003.

Capacity utilisation is nearing a historic high after a long period of growth. Increased globalisation and structural changes have allowed strong economic growth without prices and wages taking off. The most important reasons are strong growth in inexpensive imported goods, increased competition in the domestic market, and increased labour immigration.

Director: Nina Broch Mathisen

The office has 24 employees.