(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged acquisition, EQT, EQT Infrastructure, Heritage Environmental Services, Industrial Waste Management, Jeff Laborsky, Juan Diego Vargas, Nomura Greentech, partnership, sustainability
(IN BRIEF) The U.S. Navy is purchasing Saab’s Double Eagle family of undersea vehicles, known for their safety and operational reliability, as part of a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force. This advanced system, … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Double Eagle Undersea Vehicles, Erik Smith, Killian Swift, Kuwait's Naval Force, partnership, Saab, SAROV, U.S. Navy
(IN BRIEF) In a groundbreaking partnership, Alfa Laval, a global leader in heat transfer and fluid handling, has joined forces with Bisviridi, a subsidiary of the BioteCH4 group, a leading UK anaerobic digestion (AD) operator. Their collaboration seeks to boost … Read the full press release
(IN BRIEF) Husqvarna Group has been honored with the title of Diversity Leader by Financial Times for the third consecutive year, securing the 49th position among 850 European companies, a significant improvement from its 177th position in the previous year’s … Read the full press release
Posted in Awards, Business, Electronics & Machinery, Industrial, Management, Media, News, Sweden, Technology
Tagged Awards, Diversity Leader, Financial Times, Husqvarna Group, Leigh Dagberg
(IN BRIEF) Scania has unveiled a new range of biogas engines that are coupled with two-thirds of the successful Super-based powertrain, comprising G25 gear-boxes and axles from the diesel sibling. This harmonious combination has proven to deliver significant fuel savings … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden, Transportation & Logistics
Tagged Biogas Engines, decarbonization, Ola Henriksson, powertrain, Scania, sustainability
(IN BRIEF) Crestyl Group has selected AFRY as the general designer for the Savarin Palace complex, a prominent urban development endeavor in the heart of Prague, Czech Republic. This project involves the revitalization of a historical area and has been … Read the full press release
Posted in Art & Culture, Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Crestyl Group, Ivo Šimek, partnership, Prague, Redevelopment Project, Savarin Palace, Simon Johnson, sustainability, Thomas Heatherwick
(IN BRIEF) Alfa Laval’s FCM Methanol fuel supply system has been selected by Maersk for their groundbreaking methanol retrofit project on the container vessel Maersk Halifax. This achievement highlights the viability of retrofitting ships for methanol-based propulsion, marking a significant … Read the full press release
(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) Investor AB has announced the appointment of Christian Cederholm as its new President and CEO, effective from the Annual General Meeting on May 7, 2024. Cederholm, who currently serves as the Head of Patricia Industries and has been … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged appointment, CEO, Christian Cederholm, Investor AB, Jacob Wallenberg, Johan Forssell, leadership, President
(IN BRIEF) RWE’s Swedish offshore wind farm, Kårehamn, located in the Baltic Sea near the Island of Öland, has marked a decade of successful operation since its commissioning in October 2013. This offshore wind facility consists of 16 turbines, each … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged 10 Years, Green Energy, Kårehamn, Matilda Machacek, offshore wind farm, RWE, sustainability
(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release
(IN BRIEF) Vattenfall, a key player in the European energy transition, is actively participating in COP28, the 28th UN Climate Conference, held from November 30th to December 12th in the United Arab Emirates. Head of Sustainability, Annika Ramsköld, is representing … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Management, Sweden
Tagged 28th UN Climate Conference, ADNOC, Anna Borg, Annika Ramsköld, COP28, First Movers Coalition, FMC, FMC meetings, fossil free value chains, fossil freedom, John Kerry, sustainability, TIME100 Climate, UAE, United Arab Emirates, Vattenfall, World Economic Forum
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden, United Kingdom
Tagged Acba Bank, Armenia, EBRD, European Union (EU), finance, leadership, partnership, SMEs, sustainability, Sweden, women empowerment
(IN BRIEF) Sweco, an engineering and architecture firm, is collaborating with Kremenchuk City Council and its water company to enhance the potable water supply for the city’s 220,000 inhabitants in Ukraine. Funded by Swedfund, the project aims to improve water … Read the full press release
(IN BRIEF) Hexagon AB’s Nomination Committee has put forth the recommendation to appoint Annika Falkengren and Ralph Haupter as independent members of Hexagon’s Board of Directors at the Annual General Meeting (AGM) scheduled for April 29, 2024. Annika Falkengren, with … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology
Tagged Annika Falkengren, appointment, Board Members, Hexagon AB, leadership, Lombard Odier, Ralph Haupter
(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Fredrik Öberg, investment, SEB
(IN BRIEF) Europe is experiencing a surge in extreme rainfall events, driven by climate change, leading to substantial financial consequences. Sweco’s “Expect the Unexpected: Floods and Critical Infrastructure” report highlights the urgent need for resilient urban infrastructure. It emphasizes asset-level … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged Europe, Extreme Rainfall Events, infrastructure, Martijn Steenstra, sustainability, SWECO AB, threat
(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Billerud, eco-friendly, EIB, Ivar Vatne, partnership, Pulp and Paper Mill Upgrades, sustainability, Sweden, Thomas Östros
(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged E6 Highway, Norway, partnership, Skanska, sustainability, Syltern
(IN BRIEF) PT PLN Indonesia Power, a subsidiary of Indonesia’s state-owned electricity company PT PLN, has enlisted AFRY to perform Environmental and Social Impact Assessments (ESIAs) for five large solar photovoltaic (PV) projects situated on Java Island. These projects play … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Edwin Nugraha Putra, environmental, Environmental and Social Impact Assessments, Indonesia, partnership, Petteri Härkki, PT PLN Indonesia Power, solar PV projects, sustainability
(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Climate Bond, Climate Bond High Yield, Financial, investment, Karin Beltzér, Pia Haak, sustainability, Swedbank Robur
(IN BRIEF) Scania, a leader in the transportation industry, has announced a significant step in its commitment to sustainability by making its supply chain decarbonization target mandatory for purchasing requirements. The company aims to transform its supply chain by targeting … Read the full press release
(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release
Posted in Construction, Industrial, Infrastructure & Utilities, Poland, Sweden, Ukraine
Tagged AFRY, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, Henrik Tegnér, NEFCO, Nordic Environment Finance Corporation, Oksana Shevchenko, Poland, ReBuild Ukraine, Volodymyr Zelenskyy, Warsaw, World Bank
(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Sweden, Technology, Telecom
Tagged 2021 ICMA Green Bond Principles, Carl Mellander, CICERO Shades of Green, Citi, Credit Agricole CIB, Danske Bank, Deutsche Bank, EMTN, energy efficiency, Ericsson, ESG targets, Euro Medium Term Note Program, green bond, green financing, Green Financing Framework, mobile connectivity, renewable energy, SEB, sustainable financing
(IN BRIEF) Skanska, a construction and development company, reaffirmed its existing financial targets during its Capital Markets Day in London. The Group President and CEO, Anders Danielsson, provided an update on the business strategy and commercial direction moving forward. Skanska … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Anders Danielsson, Capital Markets Day, financial targets, investment, London, Skanska
(IN BRIEF) Canary Islands-based public transportation company, Transportes Interurbanos de Tenerife S.A.U. (TITSA), has placed a substantial order for hybrid buses with Scania, adding to its existing Scania fleet. The order consists of 231 buses, including 173 hybrid units, making … Read the full press release
(IN BRIEF) Swedish engineering and consulting company AFRY has made a strategic move to acquire Hungarian nuclear safety consulting firms SOM System Kft. and TTSA Mérnökiroda Kft., collectively known as SOM. The acquisition enhances AFRY’s capabilities in the nuclear sector, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden
Tagged acquisition, AFRY, Hungary SOM System Kft., József Dénes, Miklós Ördögh, nuclear safety, partnership, sustainability, TTSA Mérnökiroda Kft.
(IN BRIEF) Immersal, a subsidiary of Hexagon, has unveiled a strategic collaboration with Burst, a pioneer in cutting-edge virtual reality fan experiences. This partnership represents a major advancement in location-based augmented reality (AR) encounters for global conference, concert, and event … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged augmented reality (AR), Burst, Hexagon, Immersal, Matias Koski, Mikael Meklin, partnership, virtual reality (VR)
(IN BRIEF) H&M Move and Sport Without Borders have partnered to empower young people through sports on World Children’s Day. This two-year collaboration will offer 2,500 young individuals in Sweden meaningful activities during physical education lessons, after-school programs, and school … Read the full press release
(IN BRIEF) Axis Communications has released an updated version of AXIS Object Analytics, which includes two new scenarios: “Occupancy in Area” and “Crossline Counting.” These scenarios allow for real-time object counting within designated areas and tracking of objects crossing virtual … Read the full press release
(IN BRIEF) Saab has announced the receipt of a significant defense systems and equipment order from an undisclosed Western government. The order, valued at approximately SEK 4.3 billion, encompasses various systems and equipment offered by Saab’s Dynamics and Surveillance business … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Defense Systems, Micael Johansson, partnership, Saab, Unnamed Western Country
(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Camilla Hoflund, Finland, Fortum, green transition, Laurent Leveugle, nuclear, partnership, Studsvik, sustainability, Sweden
(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release
(IN BRIEF) SEB, a leading financial services group, has revealed its 2030 sector targets aimed at aligning its credit portfolio with net-zero emissions goals. These targets, covering sectors like oil & gas, power generation, steel, car manufacturing, and more, are … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Hans Beyer, Johan Torgeby, net-zero, SEB, sustainability
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
(IN BRIEF) Vattenfall has achieved a major milestone as the Vesterhav Syd offshore wind farm delivered its first power to the Danish grid on November 10th. After nearly seven years of work, the wind turbines at Vesterhav Syd are now … Read the full press release
(IN BRIEF) Ericsson has introduced its Ericsson Transport Automation Controller, a cloud-native solution that employs artificial intelligence (AI) and machine learning to enhance the efficiency of microwave, IP, and optical networks for communications service providers (CSPs). This intelligent controller enables … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged AI, automation, cloud-native, Cloud-Native Transport Automation Controller, Ericsson, Grant Lenahan, Jari Augustin, Machine Learning, mobile transport
(IN BRIEF) Ericsson has introduced its latest generation of processors within the Ericsson RAN Compute portfolio, designed to assist communications service providers (CSPs) in optimizing their networks for 5G Advanced and enhanced artificial intelligence (AI) capabilities. The new RAN Compute … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged 5G RAN, AI-Powered Networks, Amareet Kaur, Björn Karlberg, Carrier Aggregation, Ericsson, Michael Begley, networks, Nikos Katinakis, RAN Compute, Remy Pascal, Ricardo Queiros, Tijo Thazhone
(IN BRIEF) The Free and Hanseatic City of Hamburg, Germany, has partnered with Hexagon’s Safety, Infrastructure & Geospatial division to modernize its emergency dispatch operations and analysis for both the fire and police departments. This initiative is part of Hamburg’s … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Andreas Czerwinski, Emergency Dispatch Operations, Hamburg, Hexagon, HxGN OnCall Solutions, Maximilian Weber, partnership, sustainability
(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Levin, decarbonization, fossil-free steel, heavy duty vehicles, Martin Lindqvist, partnership, Scania, SSAB, Steel Deliveries, sustainability
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