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.
Military history of Norway But by late summer the fleet Vice Admiral Sehested's fleet had not appeared offshore, having been ordered by Frederick IV to return to Baltic waters. Without naval support, the Norwegian Army was forced to return to Norway. Norway was a founding member of NATO in 1949. Norway made a bilateral agreement with the United States to host U.S. nuclear weapons to be delivered by Norwegian military forces, in what was to become the NATO nuclear sharing concept, but ultimately did not partake in the scheme. Military history of Norway The military history of Norway commences before the Viking age with