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 other than that, there were few highlights. In the return game against the Hungarians, Norway were beaten 5–0. Thorbjørn Svenssen remained a mainstay in Norway's central defence throughout the decade, and when he finally bowed down in 1962, he had played an amazing 104 full internationals. At the time, he was only the second footballer in history to reach a century of caps (the first was England captain Billy Wright). Another national team star at the time was striker Harald Hennum, whose 25 international goals is a post-war record. Nobody knows what Norway might have achieved if Per Bredesen had