(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release
(IN BRIEF) Eviden, an Atos business specializing in advanced computing, and CEA have jointly announced the delivery of the EXA1 HE (High Efficiency) supercomputer, marking a significant milestone in the EXA1 program. The system, based on Eviden’s BullSequana XH3000 technology, … Read the full press release
(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Telecom
Tagged Digital Future, Ericsson, Europe Union, IBM, Intel, Nokia, partnership, Robert Condon, vodafone
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) AFRY played a pivotal role as the technical advisor to EnfraGen in its acquisition of a 188 MW renewable energy portfolio in Panama and Costa Rica, earning the esteemed “Acquisition Deal of the Year” award. EnfraGen, a key … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, AFRY, Angel Arancibia, Costa Rica, EnfraGen, Latin America, Panama, partnership, sustainability
(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024 Interim Report, Saab
(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged appointment, Chief Digital Officer, digitalization, leadership, Micael Johansson, Mikael Adelsberg, Saab
(IN BRIEF) In a strategic move to enhance operational efficiencies within its extensive global supply chain network, Ericsson, a prominent figure in 5G and communication technologies, has opted for SAP Integrated Business Planning for Supply Chain (SAP IBP) solution. As … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Dominik Metzger, Ericsson, global supply chain, partnership, SAP IBP, Sweden
(IN BRIEF) Saab has clinched an initial three-year contract, valued at £60 million, with the UK Ministry of Defence (MoD) to provide support for Live Simulation systems featuring Instrumented Live Training (ILT-D). Replacing the previous Direct Fire Weapon Effect Simulator … Read the full press release
(IN BRIEF) A new report commissioned by FAM and conducted by AFRY highlights the significant climate benefits of forest products, often overlooked in EU policies focused solely on carbon sinks. The report underscores the importance of recognizing the substitution effect, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Climate Benefits, EU Transition, FAM, Forest Products, Håkan Buskhe, Jonas Gustavsson, partnership, sustainability
(IN BRIEF) Amatera Renewable Energy Corporation (ARECO) has appointed AFRY as the owner’s engineer for the construction of a 65MWp solar photovoltaic (PV) plant in Bacolod, Philippines. The project, known as The Vista Alegre, aims to provide clean energy 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, Amatera Renewable Energy Corporation (ARECO), Bacolod, partnership, Petteri Härkki, PHILIPPINES, Solar PV Plant, sustainability, Vista Alegre
(IN BRIEF) After 26 years with SSAB, Martin Lindqvist, the President and CEO for the past 13 years, has announced his decision to step down to focus on his board career. During his tenure, Lindqvist led SSAB through significant transformations, … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, Sweden
Tagged appointment, CEO, leadership, Lennart Evrell, Martin Lindqvist, SSAB
(IN BRIEF) EQT AB, known for its long-term business model, emphasizes its commitment to delivering consistent returns over a 5 to 10-year period. While acknowledging the market’s emphasis on quarterly financial statements, EQT believes such reports are less relevant given … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT AB, Financial, investment
(IN BRIEF) The Bicentennial Schools Programme, a collaborative effort between the Government of Peru, the UK Government, and Finland, aims to bolster school infrastructure and enhance access to education by constructing 75 schools across Peru. AFRY, as part of the … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, United Kingdom
Tagged AFRY, Education Infrastructure, Finland, Koulu Consortium, partnership, PERU, sustainability, UK Government
(IN BRIEF) Hexagon, the global leader in digital reality solutions, is set to release its Interim Report for the first quarter of 2024 on Friday, April 26, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged 2024 Interim Report, Financial, Hexagon, investment, Paolo Guglielmini
(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Emmanuel Croc, energy sector, environmental solutions, EQT, Fabian Gröne, France, Guillaume d’Engremont, Ocea Group, partnership, sustainability, Thomas Rajzbaum
(IN BRIEF) The Municipality of The Hague in the Netherlands has selected Vattenfall InCharge to manage and maintain its 5,400 public charging points, with plans to add 3,200 more over the next four years. This expansion aims to support sustainable … Read the full press release
Posted in Automotive, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Arjen Kapteijns, partnership, Pieter van Ommeren, Public Charging Infrastructure, sustainability, The Hague, Vattenfall InCharge
(IN BRIEF) Skanska has secured a significant contract worth USD 1.4 billion from the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The project aims to enhance seismic resiliency by replacing the existing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged partnership, Portage Bay Bridge, Skanska, sustainability, USA
(IN BRIEF) DHL announces plans to expand its out-of-home delivery network in Sweden by introducing approximately 1,000 new parcel lockers in 2024, focusing primarily on metropolitan areas. Partnering with iBoxen, DHL aims to strengthen its capacity and capabilities in the … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged DHL, E-commerce Demands, iBoxen, online shopping, Parcel Locker Network, partnership, Robert Zander, sustainability, Sweden
(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged fossil-free, Luleå, Martin Lindqvist, Mini-Mill, SSAB, sustainability, Sweden
(IN BRIEF) On World Autism Awareness Day, Vattenfall highlights its commitment to inclusivity, particularly within its IT division. Partnering with Unicus since 2020, Vattenfall IT has been providing employment opportunities for individuals with autism, fostering a culture of acceptance and … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden, Technology
Tagged Awards, Employment, inclusivity, Jens Zerbst, Neurodiversity, partnership, society, Vattenfall IT, World Autism Awareness Day
(IN BRIEF) TNB Renewables Sdn Bhd (TRe), a subsidiary of Tenaga Nasional Berhad (TNB), has enlisted AFRY as the owner’s engineer for a significant solar photovoltaic (PV) project in Kedah, Malaysia. The project, known as the Corporate Green Power Programme … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Corporate Green Power Programme (CGPP), Malaysia, partnership, Petteri Härkki, Solar PV Project, sustainability, TNB Renewables
(IN BRIEF) SIX, a leading provider of financial data and analytics, has acquired a majority stake in FactEntry, a global fixed income data and solutions provider. The acquisition, finalized on March 27, 2024, enhances SIX’s data offerings, particularly in fixed … Read the full press release
Posted in Business, Financial, Investment, Management, Sweden
Tagged acquisition, analytics, cross-asset data capabilities, FactEntry, financial data, financial market participants, Fixed Income Data Provider, fixed income reference data, Fixed Income Solutions Provider, Marion Leslie, reference data, SIX
(IN BRIEF) Ericsson announced that its anti-corruption compliance program has been independently certified as effective by the compliance Monitor appointed by the U.S. Department of Justice. This certification marks significant progress since the resolution of historical violations of the Foreign … Read the full press release
(IN BRIEF) On March 27, 2024, Logicor, a prominent player in European logistics real estate, finalized the acquisition of two greenfield land plots in key logistics hubs in Sweden. With plans to develop over 100,000 sqm of new logistics space, … Read the full press release
(IN BRIEF) Investor AB has announced the convening of its Annual General Meeting (AGM) scheduled for May 7, 2024, at China Teatern in Stockholm, Sweden. Shareholders are encouraged to participate either in person or via advance voting. The meeting will … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, News, Sweden
Tagged Annual General Meeting, Investor AB, Jacob Wallenberg, Johan Forssell
(IN BRIEF) Investor AB’s Nomination Committee has submitted proposals for the upcoming Annual General Meeting on May 7, 2024, regarding the composition of the Board of Directors. The committee suggests thirteen members, including notable re-elections such as Gunnar Brock, Magdalena … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged 2024 Annual General Meeting, Anders Oscarsson, appointment, Board of Directors, Christian Cederholm, Grace Reksten Skaugen, Gunnar Brock, Hans Stråberg, Investor AB, Isabelle Kocher, Jacob Wallenberg, Johan Forssell, Katarina Berg, leadership, Leif Johansson, Magdalena Gerger, Magnus Carlsson, Marcus Wallenberg, Mats Rahmström, nominations, Peder Hasslev, Sara Öhrvall, Sven Nyman, Tom Johnstone
(IN BRIEF) Investor AB, in its recently published 2023 Annual Report, highlights its robust performance and commitment to sustainability amidst a challenging macro environment. Despite this, Investor delivered on its strategic priorities, including achieving a total shareholder return of 26 … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, Investor AB, Jacob Wallenberg, Johan Forssell, sustainability
(IN BRIEF) Hexagon, a leading technology company, announces the availability of its Annual Report and Sustainability Report for 2023 on its website, hexagon.com. Striving for sustainability, the company opts for digital distribution but offers printed copies upon request. Additionally, the … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Digital Distribution, Financial, Hexagon, investment, sustainability
(IN BRIEF) Skanska announces a contract amendment worth USD 211 million with Beaverton School District for the Beaverton High School Rebuild Project in Oregon, USA. The project involves constructing a new three-story high school building spanning approximately 28,000 square meters … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Beaverton High School, partnership, Rebuild Project, Skanska, sustainability, USA
(IN BRIEF) Husqvarna Group, a leader in robotic lawn care, unveils two new models of Husqvarna Automower® designed specifically for medium-sized gardens. The Automower 310E NERA and 410XE NERA integrate seamlessly with Husqvarna’s EPOS satellite navigation system and introduce the … Read the full press release
(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release
Posted in Artificial Intelligence (AI), Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Air Force, Airbus, Arexis Electronic Warfare (EW), Eurofighter EK, Eurofighter EW, France, Germany, Helsing, Micael Johansson, partnership, Saab, Sensor Suite
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Fasikan Wind Farm, Kim Krokfors, NIB, Northern Sweden, partnership, sustainability, Svenska Cellulosa Aktiebolaget SCA
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release
(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged electric vehicles, Flexis SAS, France, partnership, Renault Group, sustainability, Volvo Group
(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release
(IN BRIEF) Infineon Technologies AG and Ekkono Solutions have joined forces to address the unique challenges faced by automotive component suppliers and OEMs in ensuring optimal vehicle performance and safety. Leveraging Infineon’s AURIX™ microcontroller family, Ekkono offers a sophisticated software … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged AI Development, AURIX™ microcontrollers, automotive, Ekkono, Infineon, partnership, Rikard König, sustainability, Sweden, Thomas Boehm
(IN BRIEF) Eurojust has facilitated the collaborative efforts of Swedish and Spanish authorities leading to the arrest of four individuals implicated in the wholesale and transportation of cannabis and other illegal substances. The operation, centered around a main suspect allegedly … Read the full press release
Posted in Business, Government, Industrial, Law, Management, Netherlands, News, Security & Safety, Spain, Sweden
Tagged Cannabis Trafficking Case, Cross-Border Arrests, Eurojust, partnership, Spain, Sweden
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
