Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Volvo CE Sells 70 Percent of SDLG to LGG-Backed Fund for SEK 8 Billion as It Refocuses on Premium Segments in China

(IN BRIEF) Volvo CE will sell its 70 percent share in SDLG to an LGG-controlled fund for SEK 8 billion, with closing expected in H2 2025 pending approvals. The deal, recognizing a SEK 1 billion one-time operating income gain (subject … Read the full press release

Volvo CE to Invest SEK 7 Billion in Swecon Deal That Expands Retail and Service Network Across Northern Europe

(IN BRIEF) Volvo CE has agreed to purchase Swecon’s dealerships and service operations in Sweden, Germany and the Baltic states—including the Entrack aftermarket division—for SEK 7 billion, subject to regulatory clearance, with completion slated for H2 2025. The deal transfers … Read the full press release

Alfa Laval Launches ThinkTop V40 for Plug-and-Play Real-Time Valve Control in Hygienic Industries

(IN BRIEF) Alfa Laval’s new ThinkTop V40 transforms manual valve position indicators into a fully automated control system for butterfly and single-seat valves. With digital and ASi communication, integrated solenoid actuation, and precision sensors in an IP69K enclosure, the V40 … Read the full press release

NIB Commits SEK 860 Million to Retrofit Stockholm’s Heritage-Listed Söderhallarna for 50 % Energy Savings

(IN BRIEF) NIB has agreed to lend SEK 860 million (≈ EUR 79.5 million) over ten years to Atrium Ljungberg for the overhaul of Söderhallarna in Stockholm, reducing its energy use by 50 percent. The 1992-built landmark will retain its … Read the full press release

Nordlänk RSQ: Telia’s Mobile Network Rescue Unit Ready to Operate Anywhere in Sweden

(IN BRIEF) Telia, in partnership with the Swedish Post and Telecom Authority (PTS), has unveiled the Nordlänk RSQ, a fully operational prototype vehicle designed to sustain and restore telecommunications during nationwide outages or emergencies. Modular and rapidly deployable, the unit … Read the full press release

Ericsson, HPE, and Intel Deliver First Cloud RAN 5G Call on Gen12 Server with Red Hat OpenShift

(IN BRIEF) Ericsson, in partnership with HPE and Intel, has successfully demonstrated a 5G Cloud RAN call on the HPE ProLiant Compute DL110 Gen12 server using Intel’s Xeon 6 SoC and Red Hat OpenShift. This proof point validates Ericsson’s Cloud … Read the full press release

Saab and General Atomics Team Up to Bring Persistent MQ-9B-Based Unmanned Early Warning to Air and Sea

(IN BRIEF) Saab and General Atomics Aeronautical Systems have entered a strategic cooperation to develop an Unmanned Airborne Early Warning solution based on the MQ-9B unmanned aerial system. Saab will provide its advanced AEW sensor suite, while General Atomics will … Read the full press release

Alfa Laval Joins One Water Consortium to Lead Europe’s Water Innovation Community Bid

(IN BRIEF) Alfa Laval has joined the One Water consortium as a core partner to bid for the EIT’s new Water Knowledge & Innovation Community. The consortium will address water scarcity, ecosystem degradation, and the development of a circular blue … Read the full press release

Scania’s Megawatt Charging System Doubles EV Truck Recharging Speed

(IN BRIEF) Scania will launch its Megawatt Charging System in early 2026, offering electric trucks up to 750 kW charging—twice the speed of CCS2—enabling 20 %–80 % recharge in under 30 minutes. Key features include liquid-cooled connectors, advanced communication protocols, … Read the full press release

SSAB and Volvo Cars Partner to Recycle Automotive Steel Scrap for Fossil-Free Production

(IN BRIEF) SSAB will purchase high-quality automotive steel scrap from Volvo Cars’ Olofström facility, with deliveries beginning in 2026 and reaching full volume in 2027. The scrap will be processed in SSAB’s new electric arc furnace at the Oxelösund mill, … Read the full press release

Hexagon Expands Geosystems Division with APEI Acquisition to Meet Growing Demand for High-Resolution Aerial Data

(IN BRIEF) Hexagon AB will acquire French aerial-mapping firm APEI—operator of a private survey aircraft fleet across Europe and Africa—to expand its geospatial content capabilities. APEI’s longstanding partnership with Hexagon includes contributions to the Hexagon Content Program and HxDR platform. … Read the full press release

Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

(IN BRIEF) KGI Securities Singapore has launched Scila Risk—a unified multi-asset risk management platform—to replace its separate equities and derivatives systems. The solution provides real-time exposure calculations, collateral optimization, and scenario analysis for equities, derivatives, and FX. CEO Ken Ong … Read the full press release

Volvo CE Invests SEK 2.5 Billion to Enhance Crawler Excavator Production in South Korea, Sweden and North America

(IN BRIEF) Volvo CE has committed SEK 2.5 billion to expand crawler excavator manufacturing across Asia, Europe, and North America. The largest portion of this investment will enhance the Changwon plant in South Korea to secure global production volumes, with … Read the full press release

SSAB and Danieli Finalize Technology Deal for Low-Carbon Mini-Mill in Luleå

(IN BRIEF) SSAB has finalized a contract with Danieli to deliver a fully automated production solution for its planned 2.5 Mt/year mini-mill in Luleå, Sweden. The facility will feature two electric arc furnaces, advanced refining and vacuum degassing systems, and … Read the full press release

EQT Leads Investment in Mosanna to Advance Nasal Spray Therapy for Sleep Apnea Patients

(IN BRIEF) EQT Life Sciences has led a Series A investment in Mosanna Therapeutics to advance its lead drug candidate, MOS118—a nasal spray designed to treat obstructive sleep apnea—into Phase 2 trials. Co-investors include Pivotal bioVenture Partners, Forbion, Norwest, and … Read the full press release

Viaplay Select Launches in the Czech Republic with prima+ Through Long-Term Deal with Prima Group

(IN BRIEF) Prima Group and Viaplay Group have formed an exclusive long-term partnership to bring Viaplay Select to the Czech Republic via the prima+ streaming service starting July 1. With over 200 hours of critically acclaimed Nordic and European content … Read the full press release

Orange Maroc Teams Up with Ericsson to Modernize Network Infrastructure and Prepare for 5G

(IN BRIEF) Orange Maroc has signed a strategic agreement with Ericsson to modernize and expand its core network in preparation for 5G Standalone deployment. The project includes the integration of Ericsson’s dual-mode 5G Core and Cloud Native Infrastructure, deployment of … Read the full press release

Ericsson and Bharti Airtel Expand 25-Year Partnership with New Multi-Year Managed Services Agreement

(IN BRIEF) Ericsson has signed a multi-year NOC Managed Services contract with Bharti Airtel, enhancing their longstanding 25-year partnership and reinforcing Ericsson’s role in supporting Airtel’s nationwide network operations. Under this agreement, Ericsson will provide intent-based operations from its centralized … Read the full press release

ASSA ABLOY Acquires Kingspan Door Components to Enhance Product Portfolio in Residential and Industrial Door Systems

(IN BRIEF) ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer specializing in high-quality sectional door panels for residential and industrial use. The acquisition strengthens ASSA ABLOY’s position in mature markets by expanding its product offerings. Kingspan Door Components, … Read the full press release

Sweco Enhances Expertise in Smart Building Technologies with Acquisition of Brain of buildings

(IN BRIEF) Sweco has acquired Brain of buildings, a leading Dutch engineering firm known for integrating technology into the design and management of smart and secure buildings. This acquisition adds 30 consultants and engineers to Sweco’s Netherlands team, reinforcing its … Read the full press release