History of Norway company by 1985, just to go bankrupt by 1993. Unemployment reached record-high levels in the early 1990s. By 1990 Norway was Europe's largest oil producer and by 1995 it was the world's second-largest oil exporter. Membership in the European Union was rejected in a 1994 referendum, with Norway instead joining the European Economic Area and later also the Schengen Area. Large public investments in the 1990s were a new National Hospital and Oslo Airport, Gardermoen—connected to the capital with Norway's first high-speed railway, the Gardermoen Line. A number of large government companies, such as Statoil, Telenor and Kongsberg were privatized.
History of the Norway national football team a draw or a Yugoslavia win. In what must be described as an awful match, the game between Norway and Slovenia ended goalless. In the other match, Yugoslavia had a 3–2 lead after 90 minutes, which would be enough for Norway to advance. However, when Spain scored twice in stoppage time to win the game, Norway were knocked out. After the tournament, Semb had to suffer a lot of criticism for his tactics. A slow start to the 2002 FIFA World Cup qualifiers did not stop the criticism. After five games, Norway had gained only two points, and after a