According to major nightlife participants, if the eye of the needle does not become too narrow and funds become easy to obtain, 700 million kronor will be a good help.
It was announced on Saturday that the government will invest 700 million Norwegian kroner in tourism and nightlife companies as a restart aid after the reopening.
-Karl-Henning Svendsen, head of Noho, Norway, said that it is interesting to know how these funds will be distributed.
The company operates several of Oslo’s largest nightclubs-including Kulturhuset, Prindsens Hage, Oslo Camp, Jans and Colonel Mustard.
He explained that many players in the industry have accumulated a lot of debt because they have been losing money for about a year.
-There is no doubt that restarting will come in handy, but the question is, is it sufficient when you consider everyone affected and the criteria used as a basis?
In addition, Svendsen emphasized that they still lack compensation for the inventory that must be discarded. He said that the plan was coming, but it was often too late.
Markus Gjelseth runs with his brother Mat & Drikke-Gruppen, who owns restaurants and nightclubs such as Louise Restaurant and Bar, Albert Bistro and Lekter’n.
-He said that for the new crisis package, it is very, very good for the industry to start looking forward again, and it is absolutely vital.
He added that if the eyeballs that are eligible for funding are not too small, it will be very beneficial to the entire industry.
-But, given the deficits that many people have accumulated over the years, do you think this will bring salvation to the players in the industry?
-I don’t think this will determine whether industry participants can survive, but I think it can give those survivors an economic opportunity to think.
He added that due to the current situation, without capital investment, it will be difficult for the industry to focus on innovation, technology and sustainability at the same time.
-This can be a great help to promote some players to the next stage, he explained.