(IN BRIEF) Skanska has been awarded a EUR 40M contract by The Railway of the Slovak Republic for the modernization of Levice and Veľké Kozmálovce railway stations in southern Slovakia. The project includes the construction of new tracks, installation of … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Slovakia, Sweden, Technology, Transportation & Logistics
Tagged 12 months, barrier-free platforms, catenary lines, construction period, crossroads, EUR 40M, Europe, integrated control center, January 2025, Levice, modernization, new tracks, order bookings, partnership, passenger accessibility, Railway of the Slovak Republic, railway stations, remote traffic management, SEK 460M, Skanska, Skanska project, southern Slovakia, station security systems, sustainability, switches, traffic safety, train speed, Veľké Kozmálovce
(IN BRIEF) Telia has earned a spot in the top 1% of over 130,000 global companies assessed by EcoVadis for its sustainability efforts, receiving the EcoVadis Platinum Medal for the third consecutive year. The company improved its score to 87/100 … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Anna Augustson, Annual Report 2024, Awards, corruption risk assessments, Digital Inclusion, EcoVadis, EcoVadis Platinum Medal, fossil-free sources, global companies, Global Reporting Initiative, Information Security, International Labour Organization, ISO 26000, leadership, Mobile devices, net-zero emissions, Platinum medal, renewable energy, sustainability, sustainability performance, sustainability ratings, sustainability strategy, sustainable procurement, Telia, top 1%, UN Global Compact, whistleblower mechanisms
(IN BRIEF) H&M HOME has teamed up with Disney Home and Sanderson to launch a unique collection that reimagines Disney’s iconic Bambi character through a fusion of modern design and classic heritage. The collection, available starting January 16, 2025, features … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, Sweden
Tagged 1942, animated character, babies, BAMBI, banner, Beauty, centennial celebration, children's rooms, Claire Vallis, clothing, cloths, collection, colorways, crib bedding, curtains, cushions, design, Disney, Disney Home, double-weave jacket, EMEA, fairytale, fashion, floral patterns, growth chart, H&M HOME, H&M Kids, heritage, home, home furnishings, jersey wrap set, Modernity, muslin blanket, newborns, nostalgia, paper boxes, partnership, playmat, plush velvet blanket, puzzle, pyjamas, rattles, recycled cotton, rompers, Sanderson, Sanderson archive, snuggle toy, Sofia Löfstedt, Sonia Samra, storage solutions, storytelling, sustainability, textile baskets, Therese Kahnlund, velvet blankets
(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Politics, Sweden
Tagged break-even, business outlook, CHINA, China Financial Index, Chinese government, Covid-19 crisis, customer demand, economy, EU-China relationship, foreign businesses, foreign direct investment, foreign exchange rates, geopolitical concerns, Investment Outlook, Juliette Xue Lascoux, labor costs, local competition, May 2020, modest investments, northern European companies, order intake, partnership, pessimism, profit outlook, profit shrinkage, profitability, sales growth, SEB, SEB Shanghai, staffing outlook, subsidiaries, trade war, US presidential election, US-China relationship, US-China tensions
(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release
Posted in Business, Denmark, Environment, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Sweden, Technology
Tagged 2027, academic institutions, AI, Alfa Laval, bio-solutions, capital expenditure, collaboration, Copenhagen, Copenhagen and Southern Sweden, Denmark, digitalization, efficiency, environmental impact, Food & Water Division, Food Innovation Centre, food producers, food production, food sector, future innovations, global corporations, global population, net-zero emissions, partnership, research and development, resilience, Sammy Hulpiau, start-ups, sustainability, technology
(IN BRIEF) Lantmännen, a Swedish cooperative owned by farmers, is tackling the global protein gap by investing 105 million euros in a groundbreaking plant-based protein processing facility in Lidköping, Sweden. The plant, powered by Alfa Laval technology, will focus on … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Agro & Protein Systems, Alfa Laval, CEO, climate-smart crops, decanters, Denmark, evaporators, fava beans, field beans, food demand, food miles, food supply, global protein gap, gluten-free pasta, Group President, Head of Energy Division, Lantmännen, Lars-Gunnar Edh, Lidköping, Magnus Kagevik, Oats, partnership, plant-based production, plant-based proteins, protein extraction, protein isolates, separators, sports drinks, Sumit Pingle, sustainability, sustainable food production, Sweden, Swedish farmers, vegetarian foods, Vice President, wet processing, Wheat, yellow peas
(IN BRIEF) Sicit, a company in Vicenza, Italy, specializing in converting leather tanning residues into protein hydrolysates, implemented Alfa Laval’s ConditionAlert™ solution to ensure optimal performance of their decanters. After installing the system in 2022, it proved invaluable in March … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Sweden, Technology
Tagged Alfa Laval, Andrea Pelizzaro, ConditionAlert™, Connected Services, Customer support, data-driven insights, decanters, downtime, environmental impact, equipment reliability, failure prevention, IoT, Italy, main bearing, partnership, predictive maintenance, proactive support, protein hydrolysates, rotating assembly, separation expertise, service center, Sicit, sustainability, Vicenza
(IN BRIEF) ASSA ABLOY has announced its acquisition of 3millID Corporation and Third Millennium Systems Ltd, both specializing in physical access control solutions. These acquisitions will expand ASSA ABLOY’s offerings and support growth opportunities, particularly outside the United States. 3millID, … Read the full press release
Posted in Business, Industrial, Investment, Sweden, Technology
Tagged 3millID Corporation, Access Control Solutions, acquisition, ASSA ABLOY, Björn Lidefelt, closing conditions, commercial partnership, EBIT margin, Enterprise Customers, EPS, growth opportunities, HID, Highlands Ranch, Nico Delvaux, physical access control, Physical Access Control Solutions Business Area, technology, technology-driven solutions, Third Millennium Systems Ltd, transaction, UK, Wales
(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release
Posted in Automotive, Environment, Sweden, Transportation & Logistics
Tagged battery electric solutions, CES 2025, CES keynote, charging infrastructure, Clean Energy Production, climate change, decarbonization, freight volumes, hydrogen fuel cell technology, Incentives, infrastructure, Martin Lundstedt, mobility, paradigm shift, policymakers, renewable fuels, sustainable transport, The Venetian, TRANSPORT, transport system, Volvo Group, Volvo Group website, Zero-emission vehicles, ZEV
(IN BRIEF) Evolution AB announced that Jacob Kaplan, the company’s CFO since 2016, will step down on February 18, 2025. Kaplan will continue to serve in an advisory role during the transition. Joakim Andersson, with extensive experience as a CFO … Read the full press release
Posted in Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology
Tagged appointment, CFO Transition, Evolution AB, Joakim Andersson, leadership, Martin Carlesund
(IN BRIEF) Mutares has completed the sale of Asteri Facility Solutions to SOL Facility Services, with the transaction finalizing in December 2024. The sale follows a successful repositioning of Asteri, which specializes in soft facility management across Sweden and is … Read the full press release
Posted in Business, Germany, Industrial, Investment, Sweden
Tagged acquisition, Asteri Facility Solutions, Baltic countries, business model, customer relationships, Erki Milistver, Gothenburg, Greater Stockholm, growth strategy, Johannes Laumann, Malmö, Mutares SE & Co. KGaA, Nordic countries, Repositioning, soft facility management, SOL Facility Services, SOL Group, Stockholm, sustainability, Swedish Market
(IN BRIEF) Hexagon has announced its acquisition of Septentrio NV, a leading provider of Global Navigation Satellite System (GNSS) technologies. This acquisition will combine Septentrio’s advanced GNSS platform with Hexagon’s broader positioning solutions, including sensor fusion and anti-jamming technologies, enabling … Read the full press release
Posted in Artificial Intelligence (AI), Belgium, Business, Industrial, Sweden, Technology
Tagged acquisition, anti-jamming, Autonomous Solutions division, Autonomous systems, autonomy, Belgium, correction services, GNSS technologies, Hexagon, Hexagon AB, high accuracy, Leuven, mission-critical applications, Norbert Hanke, OEM customers, perception technologies, positioning solutions, Resilient Assured Positioning, robotics, sensor fusion, Septentrio NV, swap, UAVs
(IN BRIEF) Swedish cleantech company Chromafora has secured a €22.5 million loan from the European Investment Bank (EIB) to advance its SELPAXT technology, which removes harmful PFAS chemicals from water. Backed by InvestEU, the funding will support the deployment of … Read the full press release
Posted in Banks, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged Chromafora, EIB, Johan Seijmer, partnership, PFAS Water Contamination, SELPAXT, sustainability, Sweden, Swedish Cleantech Innovator, Thomas Östros
(IN BRIEF) AFRY has secured a framework agreement with the Norwegian Nuclear Decommissioning agency (NND) to provide project and programme management services, aiding NND in the safe decommissioning of nuclear facilities and nuclear waste disposal. The four-year agreement, with a … Read the full press release
(IN BRIEF) Lantmännen is investing €100 million in a groundbreaking food production facility in Lidköping, Sweden, aimed at tackling the global protein gap. Set to begin operations in 2027, the plant will process 35,000 tonnes of yellow peas and 5,000 … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Food Production Initiative, Lantmännen, Magnus Kagevik, partnership, Protein Plant, Sumit Pingle, sustainability, Sweden, technology
(IN BRIEF) DSV has launched its first renewable energy facilities at its Landskrona, Sweden warehouse, featuring over 100,000 square meters of rooftop solar panels generating 14 MWp of energy. The facility, capable of powering itself, charging electric vehicles, and supplying … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Transportation & Logistics
Tagged Anders Rousing, Brian Ejsing, decarbonization, DSV, logistics, partnership, renewable energy facility, sustainability, Sweden
(IN BRIEF) Saab has secured a SEK 340 million order from the Swedish Defence Materiel Administration (FMV) to supply the Sea Giraffe 1X naval radar system to the Swedish Navy. The radars, to be delivered between 2024 and 2026, will … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Carl-Johan Bergholm, Naval Defense, partnership, Saab, Sea Giraffe 1X Radars, Sweden
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Financial, NIB, partnership, SMCs, SMEs, sustainability, Sweden, Ziklo Bank AB
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) Skanska, alongside Coffman Specialties, has been awarded a $389 million contract to construct new express lanes on the I-15 corridor in San Bernardino, California, with Skanska’s share amounting to $336 million. Spanning 17.4 kilometers, the project includes price-managed … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged California, Coffman Specialties, I-15 Express Lanes Project, partnership, Skanska, sustainability, traffic flow
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