OSLO Dec 19 Norwegian business sentiment is set
to improve significantly in 2017 compared with this year, a
survey by Norway's biggest bank DNB said on Monday.
The survey's total benchmark was up 10 points, with the
firms polled more optimistic for the future with regards to
profitability, turnover and number of employees, it said.
Some 62 percent of the surveyed firms expected a higher
turnover, up from 52 percent a year ago, while 54 percent saw
improved profitability, up five percentage points year-on-year.
Some while 35 percent of companies expected to hire more
However, the low oil price is still a drag on Norway's
oil-reliant regions, the survey said, with other parts of the
country where the oil industry is not so predominant more
The survey, based on 3,200 interviews among DNB's small and
mid-sized business customers, was conducted by surveying firm
Ipsos Norway between Oct. 25 and Nov. 7.
(Reporting by Ole Petter Skonnord, editing by Gwladys Fouche)