Mo i Rana and Rana Industriterminal, the industrial port.

A challenging year ahead

22 March, 2015 14:51

Several new developments have characterised activities in the Rana industrial sector in 2014, e.g. the production start-up at Wasco Coating Norway AS and the production of suction caissons at Momek Fabrication AS. At the same time, Celsa Armeringsstål AS managed to retain its competitiveness in the Scandinavian market. The year was very negative for Rana Gruber AS, with very low iron ore prices.

Significant uncertainty attaches to the 2015 outlook for several of the companies with a tougher climate for competition, weakened framework conditions and falls in investment in the oil and gas industry.