Somewhat lower capacity utilisation

The share of contacts in Norges Bank's Regional Network reporting full capacity utilisation fell somewhat compared with the preceding surveys in 2025. At the same time, fewer contacts are facing recruitment difficulties. Contacts expect output growth to remain elevated in the final months of 2025 but to decline slightly towards spring. On the one hand, they expect higher household purchasing power to strengthen demand for both goods and services. On the other hand, contacts expect low housing construction, weak demand from the local government sector, international trade tensions and completion of oil-related projects to dampen growth. Contacts have revised down their employment plans slightly but still expect growth through 2025 Q4 and 2026 Q1.

Recruitment difficulties have eased slightly

In this survey, 33% of contacts report full capacity utilisation (Charts 1 and 2), which is somewhat lower compared with the preceding surveys in 2025 and somewhat below the historical average for this indicator. Contacts are also asked about their capacity utilisation relative to a normal level. Contacts reporting lower-than-normal capacity utilisation somewhat outnumber those reporting the opposite. In addition, a number of contacts report that recruitment difficulties have eased, and the share reporting recruitment difficulties has fallen to 21%, but this is still close to the historical average for this indicator.

Chart 1 Capacity utilisation1 and labour supply constraints2

Percentage shares

Chart 2 Capacity utilisation3 4

Percentage shares

Contacts expect slightly slower growth

On the whole, Norges Bank’s Regional Network Contacts expect growth to remain elevated in 2025 Q4 and then fall slightly in 2026 Q1 (Charts 3 and 4). Retail trade contacts have revised up their growth expectations for 2025 Q4. At the same time, prospects in services are little changed, and the other sectors have revised down expectations for Q4. Both oil services and construction contacts now expect lower activity through winter, while the other sectors still expect a rise in activity.

Chart 3 Total output growth

Expected growth current quarter and next quarter. Seasonally adjusted. Percent

Chart 4 Output growth. All sectors5

Expected growth current quarter and next quarter. Seasonally adjusted. Percent

High household demand

Retail contacts expect growth to accelerate from Q3 to Q4 and then decline at the beginning of 2026. Contacts point in particular to the announced changes in VAT for electric vehicles that have resulted in strong sales growth ahead of the New Year. At the same time, growth expectations in retail are broad-based. Contacts envisage an increase in consumer durables sales this winter, and some point to stronger household purchasing power. Some building materials retail contacts report high household demand, while demand from building contractors is weak. Contacts also expect that sales of consumer nondurables will continue to increase through winter.

Among household-oriented services contacts, hardly any envisage declining activity levels through winter, and like retail contacts, some point out that households' spending power has improved. Tourism contacts still expect the strongest growth and report a rise in the number of domestic and foreign guests, and some now also report an increase in the number of non-European guests. Most entertainment, leisure activity and communication services contacts also expect growth through winter.

Commercial services contacts expect growth to remain elevated through winter. As in previous surveys, many contacts cite global uncertainty as a reason for customer caution, particularly contacts in market communication, courses and conferences, information technology and consultancy services. At the same time, low activity in construction is dampening order volumes among recruitment agencies, architects, technical consultants and logistics firms. However, firms report a rise in demand from defence and emergency preparedness, health, aquaculture and energy sectors.

Weakened prospects in construction

In August, construction contacts expected growth to pick up somewhat in Q4. They are more pessimistic in this survey and expect declining activity levels within both construction in general and in construction of new buildings. This decline primarily reflects lower order volumes from the local government sector, and a number of contacts report postponements or cancellations of local government projects. At the same time, large public projects are sustaining activity for some contacts. Construction contacts emphasise that housing construction is very low, and a number of contacts report that new home sales have been weaker this autumn than expected. However, few contacts expect a further decline ahead, and some are planning to increase housing starts. Contacts report that private commercial building construction projects are also at a low level and point to continued high construction and financing costs dampening order intake. However, many contacts report growth in the renovation and maintenance of existing homes and commercial buildings.

Weaker growth in manufacturing

Contacts in manufacturing have revised down their growth expectations for Q4 but expect a gradual increase in growth through winter. In aquaculture, growth was rapid in 2025 H1. This autumn, salmon louse problems worsened for a number of contacts, and they also expect that this will dampen growth ahead. In addition, low fish stocks result in smaller wild fish quotas. Contacts also point to global trade policy uncertainty, but the number of contacts reporting that tariffs on Norwegian goods are dampening activity remains low. Some contacts, however, report that higher tariffs on goods between China and the US lead to stronger competition from Chinese manufacturers in the European market. Contacts report weak demand from the construction sector, both in Norway and abroad. On the other hand, there is rapid growth in the defence industry. A number of contacts also point to growth related to electrification and energy transition, although some contacts also report failed green manufacturing projects.

Oil services contacts envisage lower order volumes through winter, and expectations for Q4 have been revised down since the preceding survey. In the domestic market, reduced investment, falling demand and the completion of projects in response to the petroleum tax package leads to weaker developments. Lower oil and gas prices are mentioned as one important reason for heightened caution and deferred investment both in Norway and abroad. In the export market, a number of contacts point to stronger competition from Asian market participants and uncertainty about political framework conditions. On the other hand, there is a rise in activity for some export contacts, partly owing to the EU's drive to replace Russian gas.

Slightly weaker employment growth

Overall employment expectations are slightly weaker than in the preceding surveys (Chart 5). Both oil services and construction contacts will reduce staff numbers as a result of expected lower activity levels. In other sectors, contacts plan to increase staff numbers. However, this growth is dampened because a number of contacts have spare capacity, and some are implementing measures to optimise efficiency.

Chart 5 – Total employment growth

Expected growth current quarter and next quarter. Seasonally adjusted. Percent

Minor changes in annual wage growth projections

Contacts expect annual wage growth of 4.4% in 2025 and 4.1% in 2026 (Chart 6). The projection for 2025 has been revised down slightly from the preceding survey, while the projection for 2026 has been revised up slightly. Relatively few contacts in this survey point to a tight labour market, and many still expect that inflation will have a substantial impact on wage growth in 2026. Some contacts point out that the wage settlement in manufacturing will provide the norm for wage growth and that employees expect real wage growth in 2026 as well.

Chart 6 Annual wage growth6

Expected annual wage growth. Percent

Services boost investment

Contacts expect that investment will be somewhat higher in 2025 than in 2024 and that investment will increase further in 2026. Services contacts in particular contribute to the expected rise in investment in 2026 as they have revised up their investment expectations for both 2025 and 2026. Household-oriented services contacts point in particular to higher investment in tourism business premises. Services contacts that supply other firms, mainly invest in IT solution upgrades and some plan to increase investment in commercial buildings in 2026. Retail contacts have increased investment in 2025 as a result of deferred investment in preceding years and envisage little change in investment in 2026. Manufacturing contacts report increased investment in 2025 and are planning for continued weak investment growth in 2026. However, a number of contacts report that they are now waiting to launch new projects as a result of reduced global demand and slightly lower profitability.

Overall, profitability among contacts is approximately unchanged from 2024 Q4 (Chart 7). Construction contacts report reduced profitability from an already low level as a result of high construction costs and low activity levels. At the same time, cost-cutting measures, such as reducing the number of permanent and contract staff, have dampened the decline. In retail, profitability has increased in pace with higher household demand, while other industries report minor changes to margins.

Chart 7 Overall profitability growth

Change in operating margin in the current quarter compared with the same period one year earlier. Percent

The economic situation is weakest in regions Central, Inland and East.

Contacts are asked, on a scale from -3 to +3, how they would rate their economic situation in terms of demand, profitability and prospects. A value of zero indicates a normal situation. The regional indicator is an average of the responses in the individual region. In this survey, all regional indicators are positive, with the exception of a neutral indicator for region Central. Nevertheless, indicators are lower than in the preceding survey in a majority of the regions. As in previous surveys, the economic situation is most favourable for contacts in region South-West, but in this survey, contacts in region South report an equally strong situation. Compared with the preceding survey, contacts in retail trade and household-oriented services in particular contribute to the improvement in region South. On the other hand, the economic situation is weakest in regions Central, Inland and East, where regional indicators are dampened in particular by declining activity levels in construction.

1. 1 Share of contacts that will face some or considerable difficulty increasing output/sales without committing additional resources such as labour or machinery.

2. 2 Share of contacts citing shortage of labour as a constraint on production/sales. The question about labour is asked only of the enterprises reporting full capacity utilisation, but the series shows the share of all ­contacts included in the interview period.

3. 3 Share of contacts that will face some or considerable difficulty increasing output/sales without committing additional resources such as labour or machinery

4. 4 Shares in the various industries may not add to aggregate growth due to rounding.

5. 5 Growth in the various industries may not add to aggregate growth due to rounding.

6. 6 Growth in the various industries may not add to aggregate growth due to rounding.

Regional indicators

Regional Network – enterprises and organisations interviewed over the past year

1881
3M
3T PRODUKTER
4SERVICE EIR RENHOLD
7 STEEL NORDIC MANUFACTURING
7. HIMMEL
A BYGG
A. HANSEN GRUPPEN
A. MARKUSSEN
A-2
AB ØKONOMI
ABB
ABOBIL
ABYSS
ACADEMIC WORK
ACCENTURE
ACCOUNTOR
ACRYLICON, NORD-NORGE
ACTIVEPEOPLE
ADDSECURE
ADECCO
ADECCO, STAVANGER
ADEPTH MINERALS
ADMENTO
ADRESSEAVISEN
ADVISO ADVOKATFIRMA
ADVOKATFIRMA KJÆR
ADVOKATFIRMA TOFTE HALD
ADVOKATFIRMAET ARNTZEN
ADVOKATFIRMAET BAHR
ADVOKATFIRMAET GRETTE
ADVOKATFIRMAET SCHJØDT
ADVOKATFIRMAET ØVERBØ GJØRTZ
AERO
AF
AFTENPOSTEN
AGAIA
AGNITIO
AGRA
AHLSELL
AIBEL
AIBEL, HARSTAD
AIDER, STAVANGER
AIR PRODUCTS
AIRLIFT
AKER SOLUTIONS
AKER SOLUTIONS, EGERSUND
AKER SOLUTIONS, MMO
AKER SOLUTIONS, STORD
AKER SOLUTIONS, VERDAL
AKERSHUSGARTNEREN
AKERSHUSGRUPPEN
AKOFS NORWAY OPERATIONS
AKSEL ENDRESEN TRANSPORT
AKSELL
AKSESS BEMANNING
AKTIESELSKAPET VINMONOPOLET
AKTIV BEMANNING
AKTIV EIENDOMSMEGLING
AKVA GROUP
AKVAPLAN-NIVA
AKVARIET I BERGEN
ALCOA
ALCOA, LISTA
ALENTO
ALERIS
ALL THINGS LIVE
ALLIANCE HEALTHCARE APOTEKDRIFT
ALLNEX
ALLOC
ALPINCO
ALTA MØBLER
ALTERA INFRASTRUCTURE
ALTI FORVALTNING
ALTIBOX
ALUDYNE
ALVDAL SKURLAG
ALVDAL-TYNSET SPORT
AMEDIA
AMESTO SOLUTIONS
AMFI MOA
AMOKABEL
ANDERS O GREVSTAD
ANDERSEN MEKANISKE VERKSTED
ANDERSEN OG AKSNES RØRLEGGERBEDRIFT
ANGVIK EIENDOM
ANGVIK GRYTNES ENTREPRENØR
ANKO
ANLEGG ØST ENTREPRENØR
ANORA
ANTENOR OTG
ANTICIMEX
APOLLO REISER
APOTEK 1
APPETITE FOR PRODUCTION
APPEX
APPLICA
APROPOS INTERNETT
APTUM
AQILA
AQUAGEN
AQUARAMA BAD
ARBOR
ARCHER
ARCTIC PLAST
ARE TREINDUSTRIER, KAUPANGER
ARENA TRENINGSSENTER
ARENDAL BRYGGERI
ARGES
ARK BOKHANDEL
ARKI ARKITEKTAR
ARKITEMA
ARKWRIGHT CONSULTING
ARM
ARNA & ÅSANE RØRLEGGERSERVICE
ARTEC AQUA
ARVID GJERDE
AS BETONG
ASAP PERSONAL
ASCO, SANDNESSJØEN
ASK MEDIA
ASKO
ASKO, MIDT-NORGE
ASKO, NORD
ASPELIN RAMM EIENDOM
ASPLAN VIAK
AT ARKITEKTUR
ATEA
ATEC BEMANNING
ATELIER EKREN
ATLANTERHAVSPARKEN
AUKSJONEN.NO
AURORA GROUP
AURSTAD
AUTOPLAN
AVANTOR
AVINOR
AVINOR, BERGEN LUFTHAVN
AVINOR, STAVANGER LUFTHAVN
AVINOR, TRONDHEIM LUFTHAVN
AVIS BILUTLEIE
AWORD
BACKE
BACKE, ROGALAND
BACKE, SANDEFJORD
BACKE, SØR
BACKE, TRONDHEIM
BACKERGRUPPEN
BAKEHUSET NORD-NORGE
BALLANGEN SJØFARM
BALLSTAD SLIP
BAMA
BAMEK
BANDAK
BANESERVICE
BARCO FREDRIKSTAD
BAREL
BARNAS HUS
BARTEC
BATE BOLIGBYGGELAG
BATTERI ELEKTRO
BAUER MEDIA
BAVARIA, NORDVEST
BCD TRAVEL
BECKMANN
BEERENBERG CORP.
BEITOSTØLEN RESORT
BELSVIK
BENESTAD SOLUTIONS
BERG BETONG
BERGANS FRITID
BERGE SAG
BERGEN ENGINES
BERGEN FIBER
BERGEN LIVE
BERGEN PERSONAL
BERGENE HOLM
BERGET
BERG-HANSEN REISEBUREAU
BERG-HANSEN REISEBUREAU, VESTFOLD
BERRY NORWAY CONTAINERS
BERRY PACKAGING
BERTEL O. STEEN, ROGALAND
BERTEL O. STEEN, TRØNDELAG
BERTELSEN & GARPESTAD
BEST GLOBAL LOGISTICS
BETONMAST, INNLANDET
BETONMAST, RØSAND
BEWI INSULATION
BEYONDER
BIBLIOTEK SYSTEMER A/S
BICO BYGG
BIL & GUMMISERVICE
BIL I NORD
BIL I NORD NARVIK
BILALLIANSEN
BILECO CAR PARTS
BILFINGER ENGINEERING & MAINT, HØYANGER
BILFINGER ENGINEERING & MAINT, ÅRDAL
BILFINGER INDUSTRIAL SERVICES
BILFINGER, KARMØY
BILSENTERET NAMSOS
BILTEMA
BILTEMA SØRLANDSPARKEN
BIOMAR
BIOSIRK
BITASTAD
BJERGABYGG
BJØRKLUND RETAIL
BJØRØYA
BLANK
BLIKSUND
BLOCK WATNE
BLOWTECH GT
BLU ELECTRO
BMO ELEKTRO
BMO ENTREPRENØR
BN ENTREPRENØR
BO ANDRÉN
BOA OFFSHORE
BOASSON
BOEN BRUK
BOHUS
BOLAKS
BOLIDEN, ODDA
BOLSETH GLASS
BORREGAARD
BOSS INDUSTRI OG MEKANISK VERKSTED
BOURBON OFFSHORE
BOUVET
BOUVET, ARENDAL
BRAVIDA
BRAVIDA BERGEN
BRAVIDA, TRONDHEIM
BREMANGER QUARRY
BREMNES SEASHORE
BREVIK ENGINEERING
BRG
BRIMER
BRITANNIA HOTEL
BRUMUNDDAL REGNSKAP
BRUNVOLL
BRYGGELOFTET & STUENE INVEST
BRØDRENE GUDBRANDSEN
BRØDRENE JAKOBSEN
BRØDRENE SPERRE
BRØDRENE ULVESETH
BRØNNØY KALK
BSA OFFSHORE
BSH HUSHOLDNINGSAPPARATER
BULLDOZER MASKINLAG ENTREPRENØR
BUNDEGRUPPEN
BUNNPRIS
BUNNPRIS, MØRE
BUSENGDAL
BUSSRING
BWISE
BY NORTH
BYBERG
BYGG OG MASKIN
BYGGIMPULS
BYGGMAKKER
BYGGMAKKER HANDEL
BYGGMESTER SAGEN
BYGGPARTNERE
BYGGSERVICE INNLANDET
BYHAVEN KJØPESENTER
BYKLE VINDU
BYRAA BODØ
BÆRUM RØRLEGGERBEDRIFT
BØRSTAD TRANSPORT
CAIANO HOTELLDRIFT
CAPGEMINI
CARANORD
CARBON PARTNERS
CARGILL AQUA NUTRITION
CARNEGIE
CARPENTER
CARSHINE
CAVERION
CAVERION, BERGEN (NORD-VEST)
CAVERION, GJØVIK
CAVERION, SUNNMØRE
CC DAGLIGVARE
CC GJØVIK OG HAMAR
CEGAL
CEMASYS NORDIC
CEMO
CENIKA
CERMAQ
CGG
CGI
CHRISTIAN JAKHELLN
CHRISTIANIA RØRLEGGERBEDRIFT
CHRISTIE & OPSAHL
CHSNOR
CITY LADE
CLAMPON
CLARION ERNST HOTELL KRISTIANSAND
CLARION HOTEL ENERGY
CLARKES
CLAS OHLSON
CLASSIC NORWAY
CMS KLUGE ADVOKATFIRMA
COAST CENTER BASE
COGNIA
COGNITE
COLDWATER PRAWNS PRODUCTION
COLLICARE LOGISTICS
COLOR LINE, KRISTIANSAND
COMFORT HOTEL KRISTIANSAND
COMFORT HOTEL PORSGRUNN
COMROD
CONCEPT RESTAUTRANTS
CONCEPTOR
CON-FORM
CON-FORM, ORKANGER
CONSTO
CONSTO, MIDT-NORGE
COOP
COOP NORDVEST
COOP NORDVEST, FØRDE
COOP, HORDALAND
COOP, INNLANDET
COOP, MIDT-NORGE
COOP, NORD
COOP, NORDLAND
COOP, SØRVEST
CORONA INTERIØR
COSL
COWI
CRAMO
CRYOGENETICS
CSUB
CTM LYNG
CUROTECH
DALE OF NORWAY
DALEN HOTEL
DANSKE BANK
DARK
DE BERGENSKE
DEDICARE
DEFENDABLE
DEKKTEAM
DELITEK
DELOITTE
DELOITTE, GJØVIK
DELTA ELECTRONICS
DELY
DEN NORSKE OPERA & BALLETT
DEVICO
DEVOLD OF NORWAY
DEVOTEAM
DIALECTA KOMMUNIKASJON
DIALOG EXE (DX)
DIGITAL ETIKETT
DINAMO
DNB BANK, NORD
DNB BANK, STAVANGER
DNB EIENDOM
DNB EIENDOM, HAMAR
DNB EIENDOM, TRONDHEIM
DNB EIENDOM, TØNSBERG
DNB NÆRINGSEIENDOM
DNB NÆRINGSMEGLING
DNB NÆRINGSMEGLING, TRONDHEIM
DNB TRONDHEIM
DNH DEN NORSKE HØYTTALERFABRIKK
DNV
DOF
DOMSTEIN
DRAG INDUSTRIER
DRAMMEN LIFTUTLEIE
DROMEDAR KAFFEBAR
DRYTECH
DURI FAGPROFIL
DYNEA
DYRSKUN
DØLAKJØTT
E A SMITH
E I NORD
E. FLASNES TRANSPORT
ECOSØR
EFFEKTIVT RENHOLD
EGENCIA
EGERSUND GROUP
EID ELEKTRO
EIDESVIK OFFSHORE
EIDSVAAG
EIENDOMSHUSET MALLING & CO
EIENDOMSMEGLER 1 ØSTLANDET
EIENDOMSMEGLER 1, KRISTIANSAND
EIENDOMSMEGLER 1, MIDT-NORGE
EIENDOMSMEGLER 1, NORD-NORGE
EIENDOMSMEGLER 1, SR-EIENDOM
EIENDOMSMEGLER 1, TELEMARK
EIENDOMSMEGLER VEST
EIENDOMSSPAR
EIGEDOMSMEKLING SOGN OG FJORDANE
EIK SERVERING
EIKA
EINAR ØGREY FARSUND
EKORNES
ELECTRO TEAM
ELEFUN
ELEKTRO 4
ELEKTRO BODØ
ELEKTRO INSTALLASJON
ELEKTRO-KONTAKTEN
ELEMENT NOR
ELEMENT SØR
ELKEM, BREMANGER
ELKEM, SALTEN VERK
ELKEM, THAMSHAVN
ELKJØP
ELKJØP, FJORDANE
ELMO TEKNIKK
ELTA RESTAURANTBEDRIFT
EL-TEAM
ELTEL NETWORKS
ELTERAGRUPPEN
EL-TJENESTE
ENGØ GÅRD
ENIVEST
ENRX/IPT
ENTRA
ENTRACK
ENTREPRENØR HARALD NILSEN
ENTRO
EPAX
EPINOVA
EPIROC
EPLEHUSET
ERAMET, KVINESDAL
ERAMET, SAUDA
EUROPRIS
EUROSKO
EUROSPAR, BRUMUNDDAL
EVENSEN & EVENSEN
EVENSTAD MUSIKK -DISTRIBUSJON
EVERZINC
EVIDIA
EXBO SØRLANDET
EXPLORO
EXSITEC
EXTRA LEKER
EY
EY, BERGEN
EY, SUNNMØRE
FABELAKTIV
FABER BYGG
FABI
FAGTRYKK
FARRIS BAD
FAUN
FELLESKJØPET, ROGALAND AGDER
FENIX OUTDOOR
FERDA
FERROGLOBE MANGAN
FIGGJO
FINN OG ALBERT EGELAND
FINNEID SVEISEVERKSTED
FINNFJORD
FINNY SIREVAAG
FINNØY GEAR & PROPELLER
FIRDA BILLAG
FIRDA MEDIA
FIRESAFE
FIRING &THORSEN
FIRMENICH BJØRGE BIOMARIN
FISKERSTRAND VERFT
FISKÅ MØLLE
FIVEN
FJELDSETH
FJELLSPORT.NO
FJORD PROCESSING
FJORD1
FJORDKJØKKEN
FLAKK
FLEISCHER'S HOTEL
FLEKKERØY VVS
FLISA TRYKKERI
FLISEKOMPANIET
FLOKK
FLUID CONTROL SERVICE
FLYTOGET
FLØIBANEN
FM
FOCUS CARE
FOKUS ELEKTRO
FOLK
FOOD FOLK
FOODMAN
FOODORA
FOODTECH INTERIØR OG STORKJØKKEN
FORCE TECHNOLOGY, KRISTIANSAND
FORD MOTOR
FORESTIA
FORMUE
FOSDALEN
FOSS FABRIKKER
FOURPHASE
FPE SONTUM
FRAM REVISJON
FRAMO
FRAMSIKT
FRANZEFOSS MINERALS
FRANZEFOSS PUKK
FREJA TRANSPORT AND LOGISTICS
FREMTIND FORSIKRING
FRENDE FORSIKRING
FRESH FITNESS
FRESVIK PRODUKT
FRONTLINE POS
FROST KRAFTENTREPRENØR
FRYDENBØ BIL
FRYDENBØ BIL FØRDE
FRYDENBØ INDUSTRI ØKSFJORD
FRØY GRUPPEN
FUGLEFJELLET
FUGRO
FUNDAMENTERING - FAS
FURNES JERNSTØPERI
FURSETGRUPPEN
FURSTÅL
FUTURE PRODUCTION
FÆDRELANDSVENNEN
FØRDE SEMENTVARE
FØRRE TREVAREFABRIKK
G3 GAUSDAL TREINDUSTRIER
GAGAMA ELEKTRO
GALVANO INDUSTRI
GANN TRE
GAUPEN-HENGER
GAUSDAL LANDHANDLERI
GC RIEBER VIVOMEGA
GE HEALTHCARE, SPANGEREID
GE VINGMED ULTRASOUND
GEILOGRUPPEN
GET INSPIRED
GIGANTE HAVBRUK
GILJE TRE
GINA TRICOT
GJENSIDIG ASSURANSEFORENING
GJENSIDIGE FORSIKRING
GJØCO
GJØVIK GRAVESERVICE
GK
GK, LILLEHAMMER
GKN AEROSPACE
GLACIO
GLAMOX
GLAVA
GLENCORE NIKKELVERK
GLOBALCONNECT
GLOMMA PAPP
GLØR PARTNER
GLÅMDALEN
GMC
GNIST ARKITEKTER
GOKSTADAPOTEKENE
GOODTECH
GORINES
GRADE JOBBNORGE
GRAND HOTELL EGERSUND
GRANDE ENTREPRENØR
GRAPE ARCHITECTS
GREEN H
GREEN MOUNTAIN
GREEN YARD GROUP
GRIEG SEAFOOD, FINNMARK
GRILSTAD
GRILSTAD, BRUMUNDDAL
GRILSTAD, STRANDA
GRIP MALING OVERFLATEBEHANDL KORROSJONSENTREPRENØR
GROMSTAD AUTO
GROTNES STEEL
GRUNN-SERVICE
GRØNNE FOLK
GRØNSBERG BYGG
G-TRAVEL
GUDBRANDSDAL ENERGI
GUDBRANDSDALENS ULDVAREFARBRIK
GULLSMED J. FRISENBERG
GUMPEN
GUNNAR HIPPE PLATE OG SVEISEVERKSTED
GUNNAR KLO
GUNVALD JOHANSEN HANDEL
GYLDENDAL
H & K SANDNES
H. MYDLAND
HAGEN
HALLGRUPPEN
HALLIBURTON
HALLINGPLAST
HALOGEN
HANDELSBANKEN
HANESETH
HANS H. IVERSEN
HANSEN OG JUSTNÆS
HAPLAST
HAREID GROUP, BYGG & INDUSTRI
HAREID GROUP, FORBRUKERELEKTRONIKK
HAREID GROUP, MARITIM INDUSTRI
HARRIS ADVOKATFIRMA
HARSTAD MASKIN
HARSTAD MEK. VERKSTED
HAUCON
HAV EIENDOM
HAV GROUP
HAV LINE
HAVER ADVOKATFIRMA
HAVFRAM
HAVILA SHIPPING
HD HYUNDAI INFRACORE
HEAD ENERGY
HEATWORK
HEGSTAD & BLAKSTAD
HEIDELBERG MATERIALS SEMENT
HEIDELBERG MATERIALS TILSLAG
HEIMDAL BOLIG
HEIMDAL EIENDOMSMEGLING
HEIMSTADEN
HELEN & HARD
HELGELAND MARINASYSTEMER
HELGELANDSBASE
HELGESEN TEKNISKE BYGG
HELLENES INDUSTRIER
HELLY HANSEN
HELP FORSIKRING
HELSESERVICE ENGROS
HELTHJEM DISTRIBUSJON VEST
HEMMINGODDEN LOFOTEN FISHING LODGE
HENDEN SPORT
HENDUG BYGG
HENNIG-OLSEN IS
HEPRO
HERREGALLERIET
HERTZ
HEXAGON RAGASCO
HEY DI
HEYMAT
HG BYGG
HHO-GRUPPEN
HIGHSOFT
HITEC PRODUCTS
HK TROMSØ REKLAMEBYRÅ
HMH
HOB GODS
HOFSETH INTERNATIONAL
HOLBERG FORVALTNING
HOLDBART
HOLMØY MARITIME
HOLTE CONSULTING
HORISONT ENERGI
HOTEL ALEXANDRA
HOTEL UNION GEIRANGER
HOTEL VICTORIA
HOTELL VIC
HOTELLDRIFT ÅLESUND
HOVDEN BADELAND
HOVDEN HYTTESERVICE
HOVLI AUTO
HRL
HSH ENTREPRENØR
HTH
HTS DYNAMICS
HUNDERFOSSEN FAMILIEPARK
HUNTER DOUGLAS
HUNTON FIBER
HUNTONIT
HURTIGRUTEN
HUSTAD MØBLER
HYDRO
HYDRO EXTRUSION
HYDROLIFT
HÆHRE ENTREPRENØRER
HØGEVARDE
HÅ ELEMENT
HAALAND NORD
HÅNDVERKSGRUPPEN
I P HUSE
IBIZA BOATS
IFF N&H
IGLAND GARASJEN
IGLO MANO
IK
IKEA
IKEA, FORUS
IKEA, LEANGEN
IKEA, ÅSANE
IKM
IKM ACONA
IMPEC
IMPLENIA
IMPULSE TRENINGSSENTER
IMS GROUP
IMS TECHNOLOGIES
INDIRA
INDUSTRIVISUALISERING
INGENIØR IVAR PETTERSEN
INISSION LØKKEN
INNOMHUS
INNOVA
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INNTRE
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INOVYN
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INSPIRIT365
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ISIFLO
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ITAB INDUSTRIER
ITEAM
ITERA
IV GROUP LEKSVIK
IZOMAX
JANSEN OG WILLUMSEN SERVICES
JANUSFABRIKKEN
JARO
JC DECAUX
JESL
JM
JM HANSEN
JOHAN KJELLMARK
JOHN GREGER
JOHNNY LOVE
JOHS J SYLTERN
JOTRON
JOTUN
JULA
JULIUS JAKHELLN
JÆGER SENTRUM
JÆREN SPAREBANK
K A RASMUSSEN
K EKRHEIM
K. LUND
K. NORDANG
KAEFER ENERGY
KAFFEBØNNA
KANFA
KANTEGA
KAPPAHL
KARMSUND GROUP
KAVLI
KB ARKITEKTER
KCA DEUTAG DRILLING
KEWA INVEST
KICKS
KILDEN TEATER OG KONSERTHUS
KIMEK
KINN BRYGGERI
KITCH'N
KIWI
KLETOR
KLP EIENDOM
KLP EIENDOM, TRONDHEIM
KLP KAPITALFORVALTNING
KNOWIT OBJECTNET
KNOWIT, KRISTIANSAND
KONGEPARKEN
KONGSBERG DISCOVERY SEATEX
KONGSBERG ENTREPRENØR
KONGSBERG GRUPPEN
KONGSBERG MARITIME, TRONDHEIM
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KONGSBERG TEKNOLOGIPARK
KONKURRENTEN
KPMG
KPMG, TRONDHEIM
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KREDINOR SA
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KVADRAT KJØPESENTER
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KVENNA
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LAB
LABORA
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LEBA
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LEIRVIK
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LENDO
LEONHARD NILSEN & SØNNER
LERUM
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LMG MARIN
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LUNDHS
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LYRECO
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LØYPE ANLEGGSDRIFT
LAADER BERG
MADLA HANDELSLAG
MADSHUS
MAGNETEN KJØPESENTER
MAGNUS M. THUNESTVEDT
MANDAL HOTEL
MANPOWER
MANPOWER, TRONDHEIM
MANTENA
MARBRE EIENDOM
MARIN TEKNIKK
MARINE INSTALLASJONER
MARINE TECHNOLOGIES LLC
MARITIM SVEISESERVICE
MARNAR BRUK
MARTHES RENSERI
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MAT & DRIKKE
MBA ENTREPRENØR
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MCE
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MEDIEHUSET STAVANGER AFTENBLAD
MEKONOMEN
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MENTO
MENTO, HAMMERFEST ENGROS
MESTA
MESTER GRØNN
METALLTEKNIKK
METIER OEC
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MIELE
MILES, STAVANGER
MINDSHARE
MINTRA
MJØRUD
MM KARTON FOLLACELL
MMC FIRST PROCESS
MOELVEN BYGGMODUL
MOELVEN LIMTRE
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MOELVEN WOOD
MOI RØR
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MONGSTAD TAVLETEKNIKK
MONTEL
MONTÉR, LYNGDAL
MONTERA
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MOWI
MOWI FEED
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MRC GLOBAL
MULTI MARITIME
MULTI-BYGG
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MULTICONSULT, STAVANGER
MUR I SØR
MURMESTER DAG ARNE NILSEN, SEM
MUSEENE I SØR-TRØNDELAG
MUSTAD AUTOLINE
MYKLEBUST VERFT
MYSTORE.NO
MØBELGALLERIET TROMSØ
MØBELRINGEN
MØBELTRE
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MØLLER BIL, LARVIK
MØLLER BIL, SØR-ROGALAND
MØLLER BIL, TRØNDELAG
MØRE DRIFT
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MØRENOT AQUACULTURE
MÅLSELV MASKIN & TRANSPORT
MAALØY SEAFOOD
MÅSØVAL FISKEOPPDRETT
NABOEN UTLEIE
NAMMO
NAPIER
NAUSTDAL DAMPBAKERI
NEDIG
NEKTON
NEMKO
NERGÅRD
NESSEPLAST
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NEUMANN BYGG, TROMSØ
NEXANS
NICRO
NILLE
NILS SPERRE
NILSSON
NOBIA
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NOEN
NOFI TROMSØ
NOMEK
NORCONSULT
NORCONSULT, BODØ
NORD NORSK BILUTLEIE
NORDAN
NORDEA
NORDEA, KRISTIANSAND
NORDFJORD KJØTT
NORDIC BULK
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NORFLOOR
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NORGESGRUPPEN
NORGESHUS
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NORGRO
NORLI
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NORSK TEKNISK MUSEUM
NORSK TIPPING
NORSK TRANSFORMATOR
NORSKE BACKER
NORSKE SKOG, SKOGN
NORSOL
NORTHERN LIGHTS
NORTRANSPORT
NORTURA
NORTURA, FORUS
NORTURA, FØRDE
NORWEGIAN
NORWEGIAN CONCEPT
NORWEGIAN SHIP DESIGN
NOS
NOTABENE ENGROS
NOTAR HOVEDKONTOR
NOV
NOV, APL
NOV, MOLDE
NOVA INTERIØR
NOVA SEA
NOVAFORM
NRC
NSK SHIP DESIGN
NSW
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NUTRIMAR
NY FRISØR OG VELVÆRE
NYEVEIER
NYLANDER & PARTNERS
NYMO
NÆRINGSBANKEN
NÆRINGSMEGLEREN SÆDBERG OG HODNE
NØSTED KJETTING
O. MUSTAD & SON
OBOS
OCEAN ELECTRONICS
OCEAN SUPREME
OCEANEERING
OCEANEERING ROTATOR
ODAL SPAREBANK
ODAL ØKONOMI
ODDA PLAST
ODDA TECHNOLOGY
ODEON KINO, STAVANGER OG SANDNES
ODFJELL DRILLING
OEG OFFSHORE
OK MARINE
OLAV THON EIENDOMSSELSKAP
OLAV THON SURNADAL, SERVERING OG SERVICE
OLAV THON SURNADAL, VAREHANDEL
OLYMPIC SUBSEA
OMA BÅTBYGGERI
OMD
OMEGA 365
OMYA HUSTADMARMOR
ON & OFFSHORE SERVICES
ONESUBSEA PROCESSING
ONNINEN
ONRAIL
OPS MEKANISKE
OPTIMEK
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OPTIMERA, VEST
OPUS
ORICA
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ORIS DENTAL
ORKEL
ORKIDEEKSPRESSEN
ORKLA FOODS
ORKLA FOODS, TORO ELVERUM
ORKLA HEALTH OCEAN
OS ID
OSC
OSHAUG METALL
OSKAR PEDERSEN
OSKAR SYLTE MINERALVANNFABRIKK
OSLAND
OSLO BYGGENTREPRENØR
OSS-NOR
OSTEHUSET
OSWO
OTOVO
OTTADALEN MØLLE
OTTEM GRUPPEN
OTTO OLSEN
OTTS
OVE SKÅR
OVERHALLA BETONGBYGG
OXER EIENDOM
P4-GRUPPEN
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PARAT HALVORSEN
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PROACTIMA
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PROPLAN
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PSW
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PUBLIQ
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PWC, NORDVEST
PWC, TRONDHEIM
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Q4 NÆRINGSMEGLING
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QUALITY HOTEL, WATERFRONT ÅLESUND
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RADISSON BLU CALEDONIEN HOTEL, KRISTIANSAND
RAGDE EIENDOM
RAMBØLL, MIDT-NORGE
RAMCO
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RAPP BOMEK
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RAUFOSS ALUMINIUM
RAUFOSS TECHNOLOGY
REANAA RESTAURANTER
REITAN EIENDOM
REKEFJORD STONE
REKLAMESTASJONEN
REMA 1000
REMA 1000, VEST
RENEX
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RENTAL ONE
RESPONS ANALYSE
RESPONSE NORDIC
RESQ GRIMSTAD
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RETRO
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RSM
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SD WORX
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SG ARMATUREN
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SHAWCOR
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SIEMENS, DIGITAL INDUSTRIES
SIG. HALVORSEN
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SIGNICAT
SIKTEDUKFABRIKKEN
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SIMONA STADPIPE
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SIREVÅG MEKANISKE
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SKALA FABRIKK, TRONDHEIM
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SKANSKA, AGDER
SKANSKA, MIDT
SKANSKA, STAVANGER
SKARPNES
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SKO HUUSE
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SLB
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SLETTVOLL STAVANGER
SLIPEN MEKANISKE
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SMARTDOK
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SNE EIENDOMSMEGLING
SNØHETTA
SODEXO
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SPAR KJØP
SPAREBANK 1 NORDMØRE
SPAREBANK 1 SMN
SPAREBANK 1 SR-BANK
SPAREBANK 1, BODØ
SPAREBANK 1, HELGELAND
SPAREBANK 1, LOM OG SKJÅK
SPAREBANK 1, NORD-NORGE
SPAREBANK 1, ØSTLANDET
SPAREBANK 68 GRADER NORD
SPAREBANK1, NORD-ØSTERDAL TYNSET
SPAREBANK1, REGNSKAPSHUSET
SPAREBANKEN SOGN OG FJORDANE
SPAREBANKEN SØR KONSERN
SPAREBANKEN VEST
SPEIRA
SPICHEREN TRENINGSSENTER
SPILKA
SPORTY
SPORVEIEN
SPRELL
SR GROUP
STAMAS SOLUTIONS
STANGELAND MASKIN
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STRANDMAN ANLEGGSGARTNERFIRMA
STRANDTORGET KJØPESENTER
STRATUM RESORVOIR
STRAUMEN BIL
STRAWBERRY
STRAWBERRY, BRYGGEPARKEN
STRONGPOINT
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STRYVO
STRYVO, BISMO
STRØMMES24
STS
STUDENTSAMSKIPNADEN I STAVANGER
STUDENTSAMSKIPNADEN I TRONDHEIM
STUDENTSAMSKIPNADEN PÅ VESTLANDET
STUDIO NSW
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SUBSEA 7
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SVEVIA
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SWECO
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SYLVSMIDJA
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SØGNE OG GREIPSTAD SPAREBANK
SØRENSEN MASKIN
SØRLANDSBADET
SØRLANDSKJØKKEN
SØRLANDSLISTEN
SØRMEGLEREN
SØSTRENE KARLSEN
T FJELLAND & CO
TAKEDA
TALGØ MØRETRE
TANG OG JACOBSEN RENHOLD
TANK DESIGN TROMSØ
TEAM HELGELAND
TEAMTEC
TECHNIPFMC
TELENOR
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TELIA
TELLUS EIENDOM
TEMA EIENDOM
TEPAS
TESS, NORD
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TGS
TH. FALKANGER
THAUGLAND
THE FJORDS
THE QUARTZ CORP
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THE WELL
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THON HOTEL HØYERS
THON HOTELS
THON HOTELS, ORION
TIBBER
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TIBNOR
TIDE
TIMBERBYGG
TINDE HYTTER
TINE
TINE, BRUMUNDDAL
TINE, BYRKJELO
TITANIA
TIZIR TITANIUM & IRON
TKS HEIS
TO ROM OG KJØKKEN
TOKLE
TOMA
TOMRA SYSTEMS
TOPP TIL TÅ VELVÆRE
TORGHATTEN SØR
TOSTRUP INVEST
TOTAL BETONG
TOTEN TRANSPORT
TOYOTA
TOYOTA, FØRDE
TRAFIKKJENTENE
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TROMSØ KJØKKEN & INTERIØR
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TRONDHEIM KINO
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TRONDHEIM TORG
TRY REKLAMEBYRÅ
TRYGGE BARNEHAGER
TRØNDELAG TEATER
TT ANLEGG
TUBOSCOPE, FLORØ
TUI
TV 2
TVERÅS MASKIN & TRANSPORT
TWODAY AVENTO
TYSSE MEKANISKE VERKSTED
TØNNESEN SKO
TØNSBERG BLAD
ULDAL
ULEFOS JERNVÆRK
ULMATEC
ULSTEIN
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UMOE MANDAL
UNDERHAUG - HERDE INDUSTRIER
UNIL
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UNIT4
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VARD
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VARTDAL PLAST, BODØ
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VB
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WESTCO MILJØ
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WK ENTREPRENØR
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WÄRTSILÄ GAS SOLUTIONS
X5 ELEKTRO
XL-BYGG, HARSTAD
XL-BYGG, SORTLAND
YAPRIL
YARA
YC RØR
ZAPTEC
ÆVENTYR 1
Ø M FJELD
ØDEGAARD ENGROS
ØGLÆND INDUSTRIER
ØKSFJORD FISKEINDUSTRI
ØSTBØ
ØSTENSJØ REDERI
ØSTER HUS
ØSTERBØ MASKIN
ØSTRAADT RØR
ØVREBERG INSTALLASJONSFORRETNING
ÅLGÅRD OFFSET
ÅLHYTTA
AARBAKKE
ÅRDAL MASKINERING
AARSLAND MØBELFABRIKK
ÅSEN & ØVRELID