Norway is arguably the lowest-risk choice for organizations planning investments in European data centers and logistics facilities. It placed #1 in the 2020 FM Global Resilience Index, a global ranking of the most resilient business environments compiled by one of the world’s largest commercial property insurers. The World Bank ranked Norway 9th in the world for ease of doing business in its Doing Business 2020 report. And the 2019 Euromoney Country Risk survey of economists found Norway was one of the least risky countries for investment.
Norway is part of the European Economic Area (EEA) agreement. It benefits from the European Union’s (EU’s) four freedoms: free movement of goods, services, persons and capital. GDPR data privacy regulations are law in the country, because Norway is a member of the EEA joint committee.
Norway consistently offers the lowest energy prices in Europe, according to data from the Nord Pool international power exchange.
Norway and other Nordic countries produce a surplus of low-cost renewable power. This makes the region the ideal location for sustainable and efficient data center investments.
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