In his sixth year as CEO, Geir Karlsen is aiming for a listing of Norwegian's shares on the Stockholm Stock Exchange and hotels in Spain. He downplays the risk of canceled flights and more expensive tickets because of higher jet fuel prices.
BusinessNorwegian Air is buying Petter Stordalen's hotel and travel group, Nordic Leisure Travel Group (NLTG), which includes Ving and Spies, among others. The price tag is almost 8 billion Swedish kronor.
BusinessThe Norwegian hockey heroes' celebration in connection with tonight's international football match at Ullevål has been saved - by billionaire Petter Stordalen.
Ice hockeyHotel magnate Petter Stordalen is right in a dispute with the Norwegian Tax Agency, reports E24.
BusinessHotel magnate Petter Stordalen loses in the Norwegian Court of Appeal, which agrees with the Oslo District Court. The hotel investor must now pay 184 million Norwegian kroner in unpaid taxes.
BusinessThe Norwegian hotel magnate Petter Stordalen was sentenced in the district court to pay 184 million Norwegian kronor in unpaid tax. Now the case will be settled in the lagmannsretten – equivalent to the Swedish court of appeal.
BusinessOne of Norway's richest men, the Norwegian billionaire and real estate magnate, Olav Thon has died. A legend, says hotel billionaire Petter Stordalen.
BusinessNorwegian salmon farmers are currently struggling with a range of problems. For one producer, it has meant a price drop of over 70 percent on the Oslo Stock Exchange.
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