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Statoil chooses Zalaris to deliver HR Services

Zalaris, a leading provider of cloud-based payroll and HR outsourcing services and solutions, today announced a five-year agreement to provide a broad range of HR functions to Stavanger, Norway-based Statoil, one of the world’s largest energy companies. With global 2013 revenue of 632.5 billion NOK and more than 23,000 employees, Statoil will initially rely on Zalaris for travel and expense reimbursement services worldwide―supporting People Operations & Control functions, along with Statutory Leave & Reconciliation of HR accounts across Norwegian business units. The agreement also encompasses various HR reporting and related services delivery to Statoil employees and managers as part of the integrated Zalaris solution.>>

StormGeo sold to EQT Mid Market

Weather provider StormGeo Group made its international breakthrough under the wings of RCP VII. The fund entered StormGeo as the majority owner in 2011. Since then, the company has built a global reach through 320 employees in 14 countries. EQT Mid Market is now acquiring the majority ownership of 55 percent of the shares. This will be a total exit for RCP VII (50%) and Norwegian broadcaster TV 2 (5%). "It feels like it has been more than three years, because StormGeo has been through such an eventful journey. The company has become a world leader in its field and we are proud of having been part of this development, together with a dedicated management team, employees and owners," says Christian Melby, managing partner in Reiten & Co.>>