(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
(IN BRIEF) Husqvarna Group has appointed Maha Elkharbotly as the new President of its Gardena Division and added her to the executive management team. Elkharbotly, who has held leadership roles at DSM Firmenich, LIXIL, Grohe, and Whirlpool, brings extensive experience … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Norway, Sweden
Tagged Andreas Kalusche, Dr. Mathias Bimberg, EIF, ENERGY, Finland, Marjut Falkstedt, Norway, partnership, Prime Capital AG, Prime Green Energy Infrastructure Fund II (PGEIF II), Scandinavia, sustainability, Sweden
(IN BRIEF) Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro’s Norwegian aluminium plants from 2025 to 2032. This agreement supports Hydro’s efforts to produce … Read the full press release
(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI, Chunghwa Telecom, David Chou, Dr. Chung Yung Chia, Ericsson, modernization, partnership, sustainability, Taiwan
(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI, Andrés Vicente, API, Bharti Airtel, Ericsson, INDIA, INNOVATION, partnership, R&D, Reliance Jio
(IN BRIEF) Cell Impact has partnered with international technology group ANDRITZ to enhance large-scale production of bipolar flow plates for fuel cells and electrolyzers. The collaboration focuses on integrating ANDRITZ’s new Soucell welding system, capable of welding one bipolar plate … Read the full press release
Posted in Austria, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Bipolar Flow Plate, Cell Impact, Daniel Vallin, Daniel Wenk, partnership, sustainability, Sweden
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) AFRY has earned a prestigious Gold rating from EcoVadis, positioning the company among the top 5% of organizations assessed for sustainability performance. With a score of 79 out of 100, this recognition reflects AFRY’s commitment to addressing environmental … Read the full press release
Posted in Awards, Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged AFRY, Awards, EcoVadis, Gold Rating, Henrik Tegnér, leadership, sustainability
(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
(IN BRIEF) Ericsson and SoftBank Corp. have partnered to explore the integration of Artificial Intelligence (AI) into Radio Access Network (RAN) infrastructure, aiming to enhance network efficiency and unlock new use cases for communication service providers. The collaboration will focus … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Sweden, Technology, Telecom
Tagged AI Integration, Ericsson, Fredrik Jejdling, Hideyuki Tsukuda, Japan, partnership, RAN, SoftBank, sustainability
(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) Sweco has been tasked with designing the Green Turtle battery energy storage system for GIGA Storage Belgium, one of the largest in continental Europe. With a capacity of 2,800 MWh, this facility will store surplus renewable energy, such … Read the full press release
Posted in Belgium, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Belgium, Energy Storage Hub, Erwin Malcorps, Joeri Siborgs, partnership, renewable energy, sustainability, Sweco
(IN BRIEF) Vattenfall has been recognized as a leader in sustainability within the renewable energy sector following an independent assessment under the International Responsible Business Conduct (IRBC) Agreement. This agreement unites various stakeholders, including businesses, trade unions, and civil society … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Arjan Pouw, Awards, Kristin Tallbo, leadership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Vattenfall is actively pursuing the development of electrofuels for the aviation industry, specifically focusing on producing electro-sustainable aviation fuel (eSAF) on a large scale. Despite this ambition, the market remains hesitant, with significant growth expected to be delayed … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Aviation, electro-sustainable aviation fuel (eSAF), Electrofuels, Mikael Nordlander, partnership, Per Sundell, sustainability, Vattenfall
(IN BRIEF) SEB’s newly launched AI fund has reported impressive first-year results, outperforming global benchmarks under the management of Alexander Winberg. The fund focuses on investing in companies advancing artificial intelligence, with its performance exceeding both world and benchmark indices. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI Fund, AI Infrastructure, Alexander Winberg, SEB, trends
(IN BRIEF) Alfa Laval AB has appointed its Nomination Committee for the 2025 Annual General Meeting (AGM), which includes representatives from major shareholders: Jörn Rausing (Winder Holding), Daniel Kristiansson (Alecta Tjänstepension Ömsesidigt), Lennart Francke (Swedbank Robur Fonder), Anders Oscarsson (AMF-Försäkring … Read the full press release
(IN BRIEF) Saab AB has announced the establishment of its Nomination Committee ahead of the Annual General Meeting (AGM) scheduled for April 10, 2025, in Linköping, Sweden. The committee, formed based on the shareholder structure as of August 31, 2024, … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Anna Magnusson, Annual General Meeting 2025, appointment, Daniel Nodhäll, leadership, Marcus Wallenberg, Marianne Nilsson, Nomination Committee, Peter Wallenberg Jr, Saab AB
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) H&M Move has launched its new Autumn/Winter 2024 rain collection, featuring stylish and affordable performance outerwear. Key pieces include StormMove™ overalls, relaxed-fit pants, and oversized ponchos, all designed with waterproof and windproof StormMove™ fabric. The collection offers both … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged Autumn/Winter 2024, H&M, Rain-Ready Activewear Collection
(IN BRIEF) H&M has launched “H&M Adorables,” a premium baby and kidswear line focused on high-quality materials and timeless designs that can be passed down through generations. The collection, which features cashmere, silk, Merino wool, and organic cotton, includes essentials … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged 'Adorables', Baby and Kidswear Line, H&M, Sofia Löfstedt
(IN BRIEF) Telia’s newly released “Buckle Up” report reveals that while cyberattacks have surged by 466% over the past year, only 37% of companies are adequately prepared to handle them. The report emphasizes that human error, rather than technology, is … Read the full press release
(IN BRIEF) Uganda’s largest power generation facility, the 600 MW Karuma Hydropower Plant, was officially inaugurated by President Yoweri Museveni on September 26, 2024. Located on the Kyoga Nile River, the plant boosts Uganda’s energy capacity from 1,400 MW to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Karuma Hydropower Plant, partnership, Power Project, President Yoweri Museveni, Sinohydro Corporation Ltd., sustainability, Uganda, Victor de Genot de Nieukerken
(IN BRIEF) Skanska has signed a contract worth CZK 1.1 billion (approximately SEK 510M) with Central Group to develop the next phase of the Tesla Hloubětín residential project in Prague, Czechia. The project will include four residential buildings with six … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, Prague, Residential Complex, Skanska, sustainability
(IN BRIEF) Allied Green Ammonia (AGA) has appointed AFRY as the Owner’s Engineer for its flagship green ammonia project in Australia’s Northern Territory. The project will use 100% renewable energy, combining 4.75 GW of solar power and battery energy storage … Read the full press release
(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, digital innovation, Ericsson, partnership, Tao Duc Thang, Vietnam, Viettel
(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden, Technology
Tagged Eirik Berg, fossil-free steel, Matts Nilsson, Norway, partnership, Smith Stål, SSAB, SSAB Fossil-free™, SSAB Zero, sustainability
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) Scania and Fortescue have partnered to develop an autonomous road train solution aimed at transforming the mining industry with increased efficiency and sustainability. The collaboration leverages Scania’s advanced truck automation technology and Fortescue’s mining expertise, focusing on reducing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Australia, Autonomous Road Train, Dino Otranto, Fortescue, Manfred Streit, mining, partnership, Peter Hafmar, Scania, sustainability
(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Agri-PV Park, Eric Tonnaer, farming, Netherlands, partnership, solar power, sustainability, Symbizon, Vattenfall
(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release
(IN BRIEF) Ericsson has partnered with INFORM to integrate the advanced RiskShield platform into its Mobile Financial Services Platform to enhance security in financial services and combat fraud. The collaboration will provide Ericsson’s global customers, including communication service providers (CSPs), … Read the full press release
(IN BRIEF) Vattenfall has announced the appointment of Johan Dasht as the new Senior Vice President of its Business Area Generation, which focuses on hydro and nuclear power operations. Dasht, who currently heads Vattenfall’s hydro operations in the Nordics, will … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Head of Hydro, Johan Dasht, leadership, Nuclear Power Operations, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Business Area Generation, Johan Dasht, leadership, Senior Vice President, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Stora Enso and Södra have entered into a long-term agreement to collaborate on advancing the use of kraft lignin, a sustainable material derived from the pulping process. Under the partnership, Södra will supply kraft lignin from its new … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bio-Based Material, Johannes Bogren, Juuso Konttinen, kraft lignin, partnership, Södra, Stora Enso, sustaianbility, Sweden
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
