Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release

Skanska Secures SEK 700M Contract for NKT Cable Factory Expansion in Karlskrona

(IN BRIEF) Skanska has signed a SEK 700 million agreement with NKT HV Cables AB to construct towers and side buildings for the expansion of NKT’s cable factory in Karlskrona, Sweden. This contract, part of Skanska’s Q3 2024 order bookings, … Read the full press release

Skanska Joint Venture Secures Additional GBP 50M for UK High-Speed Rail Project

(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release

Nordic Investment Bank Supports EcoDataCenter’s Expansion with SEK 280 Million Loan

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a SEK 280 million (approx. EUR 24 million) five-year loan agreement with EcoDC AB (EcoDataCenter) to support the expansion of its Falun data centre in Sweden. This funding will enable EcoDataCenter … Read the full press release

Saab Secures SEK 2.6 Billion Contract for Third GlobalEye Aircraft with Swedish Defence

(IN BRIEF) Saab has finalized a contract with the Swedish Defence Materiel Administration (FMV) for the delivery of a third GlobalEye airborne early warning and control aircraft, valued at approximately SEK 2.6 billion. This agreement, extending from 2024 to 2029, … Read the full press release

Stockholm Exergi’s NIB-Backed BECCS Project Advances Sustainability Goals

(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release

CapMan Residential Fund Expands Nordic Footprint with Ursvik Investment

(IN BRIEF) CapMan Residential Fund has expanded its portfolio with a new investment in Ursvik, Sundbyberg, acquiring a forward funding project comprising 289 rental apartments and amenities like an underground parking garage with EV chargers. This strategic move, managed by … Read the full press release

CapMan Real Estate Partners with Nobis to Transform Solna Kasernen 1 into Premier Stockholm Destination

(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site … Read the full press release

Vattenfall Champions Gender Equality at French Ministry’s Energy and Ecology Event

(IN BRIEF) Vattenfall recently participated in a Paris event hosted by French Minister Christophe Béchu, focusing on improving women’s access to careers in energy and ecology transition. Through their partnership with Marie Claire’s “Act for Equality,” Vattenfall highlighted their commitment … Read the full press release

H&M and Partners Celebrate Basquiat Collection in Parisian Showcase

(IN BRIEF) H&M, alongside Ev Bravado and Téla D’Amore, celebrated their collaborative collection inspired by Jean-Michel Basquiat in Paris. The event gathered celebrities, artists, and industry insiders to showcase the fusion of Basquiat’s art with modern fashion. Guests participated in … Read the full press release

Pioneering Collaboration Transforms Sustainable Transport for IKEA in Portugal

(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release

Logicor Breaks Ground on Cutting-Edge Logistics Facility in Gothenburg, Sweden

(IN BRIEF) Logicor, a key player in European logistics real estate, has commenced construction on a state-of-the-art logistics facility in Backa, Gothenburg, Sweden. This project marks Logicor’s strategic expansion in Sweden, aiming to meet the high demand for modern, sustainable … Read the full press release

Telecom Egypt Reduces Caller ID Spoofing by 90% with Enea’s Voice Firewall

(IN BRIEF) Telecom Egypt has achieved a 90% reduction in caller ID spoofing fraud since deploying Enea’s voice firewall solution. Initially, over 8% of incoming calls were identified and blocked as fraudulent, deterring scammers from targeting the network further. This … Read the full press release

Ericsson Secures Two Red Dot Awards for Cutting-Edge Design in 5G Technology

(IN BRIEF) Ericsson has been awarded two Red Dot Awards 2024 for the innovative design and user experience of its Radio 4471 and Streetmacro 6705. The Radio 4471, notable for its ultra-lightweight design, reduces weight by 40%, enhancing deployment efficiency … Read the full press release

Drone-Powered 5G Connectivity Enables Remote Control of Forestry Machines in Sweden’s Forests

(IN BRIEF) In a pioneering collaboration involving several organizations including Telia, Ericsson, and Volvo CE, supported by Vinnova, a successful test was conducted using a drone equipped with a portable mobile base station to provide 5G connectivity in remote forest … Read the full press release

Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired Voyansi, a provider specializing in BIM and VDC solutions for the AECO industry. This acquisition aims to enhance Hexagon’s offerings in reality capture and construction digitization, enabling advanced … Read the full press release

Sweden’s Forsmark and Ringhals Nuclear Plants Extend Reactor Lifespan to Boost Fossil-Free Electricity Supply

(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release

AFRY Launches Initiative to Advance Gravity Based Foundations for Offshore Wind in Northern Baltic Sea

(IN BRIEF) AFRY has launched a Joint Industry Project (JIP) focused on Gravity Based Foundations (GBFs) for offshore wind energy in the Northern Baltic Sea. Recognizing the region’s potential to generate over 100 GW of offshore wind power by 2050, … Read the full press release

Skanska Secures Major Lease Agreement with Boston Consulting Group in Houston’s 1550 on the Green

(IN BRIEF) Skanska has secured a substantial 12-year lease with Boston Consulting Group (BCG) for office space in Houston’s 1550 on the Green building, filling 48% of the tower. This follows a previous lease with Norton Rose Fulbright. The building, … Read the full press release

Nordex Group Surpasses 5 GW Milestone in Nordic Region with Kalistanneva Wind Farm Installation

(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release

Skanska Sells Hørkær Have Project in Denmark to NREP for DKK 737M

(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release

Caldic’s Nordic Expansion: Partners with AFRY for New Facility in Jägersro to Boost Sustainable Ingredient Production

(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release

Scania Launches Erinion to Spearhead Electric Charging Solutions

(IN BRIEF) Scania CV AB unveils Erinion, a pioneering venture focused on delivering private and semi-public charging solutions, aiming to facilitate customers’ transition to electric transport. With plans to install 40,000 new charging points at customer locations, Erinion marks a … Read the full press release

Saab Unveils Game-Changing Compact Radar Module for Rapid Deployment

(IN BRIEF) Saab introduces the Compact Radar Module, an integrated system combining the Giraffe 1X radar with a lightweight module for enhanced mobility and rapid deployment in urgent operational scenarios. With a press of a button, the antenna folds into … Read the full press release

SEB Affirms Commitment to Inclusion by Joining Stockholm Pride 2024

(IN BRIEF) SEB, a prominent financial institution, has announced its inaugural participation as an official partner in Stockholm Pride 2024, highlighting its commitment to fostering inclusivity within the organization and beyond. Johan Torgeby, SEB’s President and CEO, emphasized the bank’s … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

Stora Enso and Altris Unite to Drive Eco-Friendly Battery Solutions in Europe

(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release

Vattenfall Celebrates Diversity Month and Prepares for Pride Season 2024

(IN BRIEF) Vattenfall recently concluded its Diversity Month, a series of events aimed at highlighting the various dimensions of diversity within the company. From gender and sexual orientation to ethnicity and worldview, the initiative emphasized the importance of equity in … Read the full press release

Fortum Embarks on a New Chapter: Integrating Hydropower Maintenance Team for Enhanced Efficiency and Community Focus

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release

Belgian Air Traffic Control Enters New Era with Saab’s Digital Tower Technology

(IN BRIEF) Recently unveiled in Steenokkerzeel, Belgium, the Digital Tower Test Centre by Skeyes, the Belgian air traffic service provider, stands as a testament to technological innovation. Developed in collaboration with Saab, a pioneer in digital air traffic management technology, … Read the full press release

Telefonaktiebolaget LM Ericsson Announces Increase in Shares and Votes Following Treasury Stock Expansion

(IN BRIEF) Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) has disclosed the updated number of shares and votes as of May 31, 2024, with a total of 3,348,251,735 shares, including 261,755,983 A shares and 3,086,495,752 B shares. The total votes amount to … Read the full press release

RWE and Smålandshamnar AB Join Forces to Boost Offshore Wind Logistics in Baltic Sea

(IN BRIEF) RWE, a prominent offshore wind leader, and Smålandshamnar AB, operator of the Port of Oskarshamn, have inked a Memorandum of Understanding (MoU) to collaborate on logistics operations for future offshore wind farms in the Baltic Sea. This partnership … Read the full press release

Hydro Extrusion Sweden Launches Onsite Renewable Energy Production for Zero Emissions

(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release

Alfa Laval Showcases Sustainable Marine Solutions at Posidonia 2024

(IN BRIEF) Alfa Laval is set to present its comprehensive range of marine equipment, solutions, and services at the upcoming Posidonia 2024 shipping exhibition in Athens, Greece. The company’s participation emphasizes its commitment to supporting sustainable shipping practices. Alfa Laval’s … Read the full press release

Ericsson and Telcaria Collaborate to Enhance Energy Efficiency in 5G Networks

(IN BRIEF) Ericsson and Telcaria have joined forces to improve the energy efficiency of 5G networks as part of the ‘6G DAWN’ project overseen by CTTC and funded under Spain’s government initiatives. Focused on optimizing private 5G networks for reduced … Read the full press release

XL Axiata Partners with Ericsson to Deploy Dual-Mode 5G Core, Paving the Way for Enhanced Connectivity in Indonesia

(IN BRIEF) XL Axiata collaborates with Ericsson to introduce its dual-mode 5G Core solution, marking a significant advancement in Indonesia’s telecommunications landscape. This innovative technology seamlessly integrates 4G and 5G services into a single, cloud-native core network, ensuring operational efficiency … Read the full press release

Alfa Laval Introduces PureBallast 3 Ultra: Next-Level Ballast Water Management System

(IN BRIEF) Alfa Laval unveils PureBallast 3 Ultra, the latest evolution of its leading ballast water management system (BWMS), set to redefine industry standards with enhanced performance, efficiency, and ease of installation. Building upon two decades of experience, PureBallast 3 … Read the full press release

Advansia to Lead Development of NRK’s Innovative Oslo Headquarters

(IN BRIEF) Advansia, part of AFRY, has secured an advisory contract with NRK, the Norwegian public broadcaster, to oversee the development of their new headquarters in Oslo. The project aims to create a world-class media house, emphasizing sustainability and fostering … Read the full press release

Ericsson Maintains Leadership Position in 5G Network Infrastructure Market for Fourth Consecutive Year

(IN BRIEF) For the fourth consecutive year, Ericsson secures the top ranking in Frost Radar™ 5G Network Infrastructure Market 2024 analysis, underscoring its commitment to innovation and technology leadership in meeting the evolving needs of communications service providers (CSPs). The … Read the full press release

EQT MMG Fund Surpasses Target, Closing at USD 1.6 Billion

(IN BRIEF) EQT celebrates the successful final close of the BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD 1.6 billion, exceeding its original target of USD 750 million. This achievement underscores the growing interest in Asia’s mid-market segment and … Read the full press release