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page links Norway
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norway The Norwegian marketplace is small, especially for new and emerging technology companies. With many countries, the size of the market is a reflection of the total population, and with 4.5 million people in a geographically widely spread country, the Norwegian market is, by definition, limited. Of course, Norwegian companies can always turn to the rest of Scandinavia when looking to export, as a near common language and geographical proximity are important issues to any organisation seeking to expand its sales reach. The United Kingdom can be seen as a vast market in its own right. Thanks to its geographic and political proximity to the rest of Europe, the UK is an ideal stepping-stone to one of the world's largest marketplaces. Moreover, because of Britain 's special relationship with the US , the UK represents the logical starting point for organisations contemplating a move into the American market. And remember, the UK is Norway 's largest trading partner, with a two-way trade of over NOK 130 billion. With Innovative and Information Technology in particular, speed and control of market entry are vital elements to consider - especially when the reward is a significant market share for your leading edge products or services. And, because Norwegian companies are renowned for their innovative and exciting IT products, the UK offers a ready made market in which to flourish.
The North East of England has proven itself to be one of the most dynamic regions in Europe. Statistics: • Population: 2.5 million Major Towns & Cities • Darlington Key Business Sectors • Automotive International Investment There are now 575 overseas companies in the Region. Over the last 10 years there have been over 600 investment projects creating or safeguarding 87,000 jobs and attracting £14.5 billion of investment. Universities There are five universities in the Region, Durham, Newcastle, Northumbria, Sunderland and Teesside. Graduates (2001) • Business Studies: 2,302 Norwegian Investment There are 25 Norwegian companies in the Region operating in many business sectors. Norwegian Links Bergen and Newcastle Communications There are over 20 trains a day to London. The North East of England - keypoints • Offers a low risk stepping stone for businesses from Norway entering Europe • Has already welcomed many successful Norwegian household names • Provides easy access to a huge UK market • Has a stable and skilled work force which is easily accessible • Is geographically and culturally close to Norway with a benefit of low cost travel routes • Supports the Norwegian Collaboration Centre • Supports a range of organisations able to help Norwegian technology companies entering the UK • Experience has shown that the ideal location for the first step in Internationalisation is the NE of England.
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