(IN BRIEF) Saab and Singapore’s Defence Science and Technology Agency (DSTA) have expanded their partnership through a new Memorandum of Understanding (MoU) to advance underwater defense technologies. Building on a 2023 agreement, the collaboration now includes joint studies on operational … Read the full press release
(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release
(IN BRIEF) Sweco has been commissioned by Region Norrbotten to design and plan a new regional hospital as part of Kiruna’s relocation three kilometers east due to the expansion of its iron ore mine. The hospital, expected to be completed … Read the full press release
(IN BRIEF) Symrise, a global leader in health and nutrition solutions, has made a public cash offer to acquire the remaining shares of Probi AB, a biotics solutions company listed on Nasdaq Stockholm. Already holding a 69.7% stake in Probi, … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged acquisition, Health Solutions, Heinz-Jürgen Bertram, ownership, partnership, Probi AB, Stockholm, sustainability, Symrise
(IN BRIEF) Sandvik has ranked #5 in Comprend’s 2024 Europe 500 web ranking, which evaluates the online presence of Europe’s largest companies by market capitalization, and retained its top position in the “Industrial Goods and Services” category for the third … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Awards, Björn Roodzant, leadership, Sandvik
(IN BRIEF) TRATON Charging Solutions, the eMobility Service Provider for TRATON GROUP brands like Scania and MAN, has achieved significant progress in its first year, offering over 400 charging points across 150 locations in 19 European countries. It simplifies charging … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Hahn, Dr. Petra Sundström, Electric Commercial Vehicle Infrastructure, Europe, Hubject, partnership, sustainability, TRATON Charging Solutions, TRATON GROUP
(IN BRIEF) Scania has launched the Complete Fleet concept, a digital service enabling haulage companies to integrate and manage mixed-brand and multi-fuel fleets, including trailers, through its unified digital ecosystem. Accessible via the My Scania platform, it offers services like … Read the full press release
(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged Data Center Project, Norway, partnership, Skanska, sustainability
(IN BRIEF) Enea AB has named Teemu Salmi as its new President and CEO, effective April 1, 2025. Salmi, currently CEO of Nixu Corporation, brings extensive experience in telecom and cybersecurity, with a history of leadership roles at Ericsson and … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged Anders Lidbeck, appointment, CEO, Enea AB, Kjell Duveblad, leadership, Teemu Salmi
(IN BRIEF) SSAB has launched the Strenx® Certified Fabricator program to recognize top fabricators excelling in high-strength steel fabrication. This initiative connects certified fabricators, including MTL Advanced Ltd in the UK, who demonstrate exceptional quality, innovation, and sustainable practices in … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, United Kingdom
Tagged High-Strength Steel Fabrication, MTL Advanced Ltd, partnership, Sara Maltén, SSAB, Strenx® Certified Fabricator Program, sustainability, UK
(IN BRIEF) Michelle Shi-Verdaasdonk is set to return to Electrolux Group as Chief Procurement Officer, bringing a wealth of experience from her time at Dyson and Signify. In her new role, she will help steer Electrolux’s procurement strategy and supply … Read the full press release
(IN BRIEF) Telia has been recognized in the Global Child Forum’s 2024 report for its outstanding contributions to children’s rights. Ranked the top Swedish company and third in the Nordic region, Telia’s efforts include initiatives focused on cybersecurity awareness, child … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Law, Management, News, Security & Safety, Sweden, Technology, Telecom
Tagged Anna Augustson, Awards, child privacy, children’s rights, cybersecurity awareness, family-oriented tools, Global Child Forum, leadership, online safety, Telia
(IN BRIEF) The Sandvik Innovation Prize for 2024 has been awarded to a team from Sandvik Mining and Rock Solutions for their innovative work on the CT67/CT55 thread concept. The team, led by Anders Nordberg, Tomas Jansson, Andreas Norman, and … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Anders Nordberg, Andreas Norman, Awards, CT67/CT55 Thread Technology, David Wickström, leadership, Sandvik, Sandvik Innovation Prize 2024, Stefan Widing, Susanne Norgren, Tomas Jansson
(IN BRIEF) Ericsson showcased its D-15 Innovation Center to analysts and industry partners, highlighting advancements in open, programmable networks and the value of network APIs, which could generate billions in new opportunities. The event emphasized Ericsson’s role at the heart … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Sweden, Technology, Telecom
Tagged 5G, AI, APIs, AT&T, D-15 Innovation Center, enterprise connectivity, Ericsson, Erik Ekudden, Google, innovations, Intel, Meta, Niklas Heuveldop, Open Networks, partnership, Silicon Valley, SoftBank, T-Mobile, Verizon
(IN BRIEF) The Saab F-39E Gripen fighter jet is making its debut at CRUZEX 2024, Latin America’s largest air exercise, hosted by the Brazilian Air Force. Held at Natal Air Base, the event includes over 2,000 personnel and 100 aircraft … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Brazil, Brazilian Air Force, CRUZEX 2024 Air Exercise, F-39E Gripen, Lieutenant Colonel Ramon Lincoln Santos Fórneas, Micael Johansson, partnership, Saab
(IN BRIEF) Falkenklev Logistik in Sweden has added six FUSO eCanter electric trucks to its fleet for DHL deliveries in Malmö, supporting its commitment to sustainable urban logistics. These compact electric trucks, supplied by Veho Import AB, are well-suited for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Daimler truck, DHL, electric fleet, Falkenklev Logistik, FUSO eCanter Trucks, Malmö, partnership, sustainability, Sweden, Veho Import AB, Victor Falkenklev
(IN BRIEF) The 2024 State of Network Threat Detection report by Cybersecurity Insiders and Enea reveals that alert fatigue, encrypted attack masking, and limited cloud visibility are worsening challenges in cybersecurity. Poor alert accuracy is the top issue, with 61% … Read the full press release
(IN BRIEF) Skanska has been awarded a GBP 197 million contract by a joint venture of Grosvenor and Mitsui Fudosan UK to construct two new office buildings as part of the South Molton redevelopment in Mayfair, London. The project includes … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, United Kingdom
Tagged London, Mayfair, office, partnership, Retail Hub, Skanska, South Molton Development, sustainability
(IN BRIEF) H&M’s Holiday 2024 Collection, inspired by the 1960s and 1970s couture, brings a blend of timeless sophistication and contemporary flair. Featuring bold silhouettes in black and white with playful accents like sequins and crystals, the collection offers festive … Read the full press release
(IN BRIEF) Ahlstrom has completed the sale of its Aspa pulp mill to Sweden Timber, a move that allows Ahlstrom to concentrate on its specialty materials portfolio as part of its growth strategy. Sweden Timber plans to expand its product … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Ahlstrom, Aspa Pulp Mill, partnership, sustainability, Sweden Timber
(IN BRIEF) Alfa Laval is celebrating 40 years in China by presenting its latest innovations at the China International Import Expo (CIIE), including the global launch of its T25 SW semi-welded plate heat exchanger. At the event, Alfa Laval will … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Sweden, Technology
Tagged Alfa Laval, CHINA, China International Import Expo, Christian Thomsen, innovations, Julien Gennetier, partnership, sustainability
(IN BRIEF) Ericsson has launched a suite of seven 5G Advanced software products designed to empower communications service providers (CSPs) with high-performing programmable networks. These products leverage AI-driven automation, intent-based functionality, and service-aware RAN to optimize network performance, improve user … Read the full press release
(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson have received the FutureNet Asia 2024 Award for their AI-powered intent-based operations (IBO) solution in Malaysia’s 5G network, recognized for advancing intelligent network management and resilience. This IBO solution leverages AI to … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI-Driven Solution, Award, David Hägerbro, Digital Nasional Berhad (DNB), efficiency, Ericsson, FutureNet Asia 2024 Award, Ken Tan, leadership, Malaysia, resilience
(IN BRIEF) Ericsson and MasOrange have launched a five-year collaboration to establish an Open RAN-ready network in Spain, integrating Orange Spain and MASMOVIL’s infrastructure to create a high-capacity 5G Standalone network. This partnership enables MasOrange to provide flexible, scalable 5G … Read the full press release
(IN BRIEF) Ericsson and Telstra have launched the 5G Advanced Automated Energy Saver (AES), a cutting-edge feature for energy-efficient network management, making Telstra the first in the Southern Hemisphere to implement such a solution. AES uses intent-based automation to optimize … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G Network Management, Australia, Automated Energy Saver(AES), Emilio Romeo, Ericsson, partnership, Sri Amirthalingam, sustainability, Telstra
(IN BRIEF) SSAB has appointed Per Elfgren as the new head of SSAB Special Steels, where he will leverage his extensive experience in market development, product innovation, and international sales. Having been with SSAB since 1996, Elfgren’s expertise is expected … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Sweden, Technology
Tagged appointment, Head of Special Steels, INNOVATION, Johnny Sjöström, leadership, Per Elfgren, SSAB, sustainability
(IN BRIEF) Helen has commissioned AFRY to conduct a feasibility study for a large-scale green hydrogen production plant in Helsinki. This study will evaluate the conditions for producing green hydrogen effectively, supporting Helen’s goal to offer carbon-neutral district heating, cooling, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Finland, Helen, Hydrogen Production Plant, Ilkka Heikkilä, partnership, Sari Mannonen, sustainability
(IN BRIEF) The European Investment Bank (EIB) has granted an additional €264 million to the ongoing redevelopment of Stockholm’s Slussen area, which aims to modernize infrastructure and enhance sustainability. This funding builds on an earlier €382 million loan and will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged EIB, modernization, partnership, Slussen Revamp, Sofie Nilvall, Stockholm, sustainability, Thomas Östros, urban development
(IN BRIEF) Saab has signed a GBP 20 million amendment to its existing training contract with the UK Ministry of Defence, enhancing support for British Army training in Oman. The deal, which includes deliveries through 2024 and 2025, provides advanced … Read the full press release
Posted in Business, Defence, Education, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, United Kingdom
Tagged Andy Fraser, British Army Training, Oman, partnership, Saab, Simon Pearce, UK
(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) Ericsson, in partnership with China Mobile and Zhangjiagang Port Group, has successfully deployed a 5G-powered smart network at Zhangjiagang Port, resulting in improved operational efficiency, cost reductions, and energy savings. Since its implementation in August 2022, the 5G … Read the full press release
(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail, Sweden
Tagged Community-Focused Retail, Europe, IKEA, Ingka Centres, Leisure Destinations, Livli, partnership, Sebastian Hylving, shopping, sustainability, Sweden
(IN BRIEF) Statkraft has applied for a permit to develop the 2.1 GW Baltic Offshore Delta North wind farm in the Baltic Sea, located 100 kilometers east of Stockholm. This bottom-fixed offshore wind project, designed to generate up to 8 … Read the full press release
(IN BRIEF) Vattenfall and design studio Superuse have converted the nacelle of a decommissioned wind turbine into a compact, sustainable tiny house, which is being showcased at Dutch Design Week. The project demonstrates innovative reuse of turbine materials, featuring modern … Read the full press release
Posted in Art & Culture, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Malta, Management, Netherlands, News, Sweden, Technology
Tagged Dutch Design Week, Netherland, partnership, Recycled Wind Turbine, Superuse, sustainability, Tiny House Made, Vattenfall
(IN BRIEF) Altor Fund III has announced the sale of Carnegie Investment Bank, a top Nordic investment bank and asset manager, to DNB Bank ASA. Altor acquired Carnegie in 2009 and has since helped the firm grow into a market … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Norway, Sweden
Tagged acquisition, Altor, Carnegie Investment Bank, DNB, investment, Norway, partnership, Tony Elofsson
(IN BRIEF) Neuberger Berman, EQT, and CPP Investments, along with a consortium of global investors, have signed agreements to acquire Nord Anglia Education for USD 14.5 billion. Nord Anglia, a leading international schools organization with over 80 schools in 33 … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged acquisition, Andrew Fitzmaurice, CPP Investments, David Stonberg, Education, EQT, investments, Neuberger Berman, Nord Anglia Education, partnership
(IN BRIEF) SSAB and Parmaco have partnered to build the world’s first concept building made entirely from fossil-free steel, using SSAB’s HYBRIT® technology. This innovative process replaces coal with hydrogen and fossil-free electricity in steel production, reducing CO2 emissions. Construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged building, construction, Finland, fossil-free steel, Jukka Joutsenkoski, Olavi Huhtala, Parmaco, partnership, SSAB, SSAB’s HYBRIT® technology, sustainability
(IN BRIEF) The Impossible Statue campaign, a collaboration between Sandvik Manufacturing and Machining Solutions and the Sandvik Group, continues to win accolades, receiving two golds at the Swedish Content Awards in the categories of Employer Branding and Industry & Energy. … Read the full press release
(IN BRIEF) ASSA ABLOY has agreed to sell its Citizen ID business, part of HID, to TOPPAN. Citizen ID specializes in providing physical and mobile identity solutions for government programs, employing around 450 people across facilities in Ireland, Malta, and … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged acquisition, ASSA ABLOY, Björn Lidefelt, Citizen ID Division, Japan, Nico Delvaux, partnership, SECURITY, sustainability, TOPPAN
(IN BRIEF) Husqvarna Group has unveiled four new robotic lawn mowers designed for professional use, including the 580L EPOS, 580 EPOS, 560 EPOS, and an updated 535 AWD EPOS. These boundary wire-free models feature GPS navigation and selectable cutting patterns, … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
