Industrial and Manufacturing

After the initial “time of gloom” which we saw seen in January and February the market has started to grow again. In the region the majority of companies are linked to Oil & Gas and low oil prices resulted in many projects being stopped or delayed. The current development with oil process slowly, but surely growing from the minimum of just below USD 40 is encouraging and we all are hoping that the oil process will remain growing as it will have positive effect to this region.

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