Word: norwegian
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Dates: during 1970-1979
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...first, the distress call seemed routine. The Soviet oceanographic vessel Zarya asked permission to enter Norwegian waters, claiming engine problems. Later the captain added the information that the ship's hull was leaking. But when a Norwegian naval officer and an engine expert clambered on board, they found no signs of water or of mechanical trouble. Instead, they glimpsed an enormous amount of sophisticated electronic gear. Local authorities ordered the boat out of Norwegian territory. Once in international waters, the Zarya turned on a miraculous burst of speed...
...Finnmark province, which abuts Russia's Kola Peninsula with its strategic naval bases and 900,000-member complement of Communist ground and air forces. The spy planes turn back only when challenged by NATO interceptors. At least twice a year, large-scale Soviet naval exercises are held off the Norwegian coast. Soviet submarines, based at Murmansk, glide into Norway's deep fjords. All but one of the latest incursions have been confined to Norway's northern shores. The Norwegian government has twice protested to Soviet Ambassador Yuri Kirichenko?without results...
...nautical trespassing began on June 27, when a Soviet tugboat and three smaller vessels anchored off the Nordkyn Peninsula in the Barents Sea. The Soviet captains claimed to be seeking shelter from bad weather. The often stormy northern seas were calm at the time. The boats left after a Norwegian gunboat was dispatched to escort them out of the area...
According to the plan, which still has to be approved by Volvo's unions and the Norwegian parliament, the present firm will be dissolved and replaced by a holding company, called Volvo (Svenskt-Norskt) and composed of two divisions. The Swedish branch will have 60% of the shares and appoint six directors to the ten-seat board; the Norwegian wing will own 40% and name four board members. Owners of Volvo stock will be given shares in the Swedish operation; half of the shares of the new Norwegian branch will be sold to the public, with the rest going...
Under the deal, which is to go into effect on Jan. 1, Swedish Volvo will receive $160 million from the Norwegian government and the right to explore for oil off the Norwegian coast, where huge finds have been made. The Norwegian company, in turn, will take over Volvo's Penta marine-engine business and build a plant in Norway. Further, the Norwegians will build important components for a new small Volvo for the 1980s...