Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

PropTech Leader PropertyMe Gains EQT Investment to Drive AI, Automation and ANZ Market Expansion

(IN BRIEF) PropertyMe, the largest cloud-based property management software provider across Australia and New Zealand, has secured a majority investment from EQT via its Mid-Market Growth Partnership fund. The deal will support innovation, AI adoption, and expansion plans while agency … Read the full press release

Skanska sells fully leased Port7 riverside development in Prague as sustainability-certified assets attract investors

(IN BRIEF) Skanska has sold its Port7 office development in Prague’s Holešovice district for approximately EUR 130 million to AFI subsidiaries, with the transfer scheduled for the first half of 2026 and the transaction recorded in Q4 2025. Port7 features … Read the full press release

Ericsson deepens industry ecosystem for network APIs with minority investment and strategic partnership with LotusFlare

(IN BRIEF) Ericsson has formed a strategic partnership with LotusFlare and taken a minority stake in the company to support global CSPs in commercializing network capabilities through APIs. LotusFlare’s DNO Cloud platform provides consent management, digital commerce, and other components … Read the full press release

Ingka Group Announces Updated Leadership Framework to Support an Accessible, Affordable and Sustainable Future for IKEA

(IN BRIEF) Ingka Group is restructuring its leadership beginning 1 January 2026 to reinforce its focus on the core IKEA Retail business and strengthen its omnichannel strategy. The new Group Management model supports the company’s long-term goals of improving accessibility, … Read the full press release

Viaplay strengthens local market strategy with return of Jonas Karlén as Sweden CEO

(IN BRIEF) Viaplay Group has appointed Jonas Karlén as Executive Vice President and CEO of Viaplay Group Sweden, with previous Co-CEOs Johan Johansson and Christian Albeck returning full-time to their roles as Group CFO and EVP Content Acquisition respectively. Karlén, … Read the full press release

Lithuania expands air-defence capabilities with additional Saab MSHORAD system for 2026–2030 delivery

(IN BRIEF) Saab has received a new SEK 1.4 billion order from the Lithuanian Defence Materiel Agency for a third MSHORAD system battery, with deliveries scheduled from 2026 to 2030. The equipment will be installed on Oshkosh JLTV 4×4 vehicles, … Read the full press release

Alfa Laval and Hanwha Ocean Ecotech Strengthen Collaboration to Advance Ammonia Fuel Systems for Dual-Fuel Vessels

(IN BRIEF) Alfa Laval Korea Ltd. has signed an MOU with Hanwha Ocean Ecotech to advance the development of safe and reliable ammonia fuel system solutions for dual-fuel vessels, reinforcing their shared commitment to low-carbon marine technologies. The partnership combines … Read the full press release

Scania strengthens global strategy and commercial focus with senior leadership changes

(IN BRIEF) Scania has announced three new Executive Vice Presidents as part of a major organisational transformation aimed at increasing agility, strengthening customer focus and ensuring long-term competitiveness in a fast-changing global transport industry. The company will unify Sales and … Read the full press release

Volvo Construction Equipment Expands European Manufacturing with New Excavator Facility to Boost Capacity and Strengthen Regional Supply Chains

(IN BRIEF) Volvo Construction Equipment is expanding its European manufacturing network with a new crawler excavator assembly facility in Eskilstuna, Sweden, reinforcing its strategic focus on excavators and meeting increasing regional demand. The 30,000 m² plant is designed to enhance … Read the full press release

EQT Foundation Backs UK Startup Milvus Advanced as It Develops High-Performance Nanomaterials to Replace Rare Metals in Energy Technologies

(IN BRIEF) EQT Foundation has invested €200,000 in Milvus Advanced as part of a £5 million Seed round supporting the UK startup’s development of nanomaterials that can replace scarce platinum group metals in clean energy technologies. Milvus’s platform uses abundant … Read the full press release

Capacity-Building Programme Backed by Sweden and Nefco Strengthens Ukraine’s Reconstruction Workforce and Promotes Circular Demolition Practices

(IN BRIEF) Nefco is supporting a Swedish-funded demolition training programme in Finland for five Ukrainians, including three women, to help strengthen Ukraine’s sustainable reconstruction capabilities. Delivered in partnership with Lotus Demolition, the training covers safe and circular demolition practices, safety … Read the full press release

Vattenfall Divests UK Electricity Distribution Arm to Eclipse Power, Strengthens Focus on Fossil-Free Investments

(IN BRIEF) Vattenfall has agreed to sell its UK Independent Distribution Network Operator business, Vattenfall Networks Ltd, to Eclipse Power Limited, part of the Octopus Sky Fund. Since its launch in 2018, Vattenfall IDNO has become a key operator in … Read the full press release

Industry Partnership Drives Fossil-Free Steel Innovation as EAB Adopts SSAB Zero™ for Global Products

(IN BRIEF) Swedish steelmaker SSAB has entered a new partnership with EAB to supply fossil-free steel — including SSAB Zero™ — for EAB’s core product lines, which include warehouse fittings, industrial doors, and steel building systems. EAB is already using … Read the full press release

Scania Deepens Clean Transport Research Through Real-World Hydrogen Truck Testing with Asko

(IN BRIEF) Scania is expanding its clean-transport research through a new phase of its Pilot Partner programme, collaborating with Asko Norge AS to test hydrogen fuel cell trucks under real-world conditions, even as battery-electric transport remains its primary long-term strategy. … Read the full press release

Swedish Industry Giants Join Forces with Vattenfall to Expand Fossil-Free Power at Ringhals

(IN BRIEF) Vattenfall and Industrikraft have formalized a partnership to develop new nuclear power in Sweden, with Industrikraft acquiring a 20% share in Videberg Kraft AB and investing SEK 400 million. The consortium, which includes leading Swedish companies such as … Read the full press release

EIF strengthens inclusive innovation with €20 million investment in Unconventional Ventures Fund II

(IN BRIEF) The European Investment Fund (EIF) has invested €20 million in Unconventional Ventures Fund II, a Danish-Swedish impact fund supporting start-ups founded by underrepresented entrepreneurs in sectors like climate, health, and education. The investment contributes to the fund’s €50 … Read the full press release

Vattenfall Receives Planning Approval for Nordlicht 2 Offshore Wind Farm, Advancing One of Germany’s Largest Renewable Energy Projects

(IN BRIEF) Vattenfall has received final planning approval from the Federal Maritime and Hydrographic Agency (BSH) for its Nordlicht 2 offshore wind farm, completing the permitting for the 1.6 GW Nordlicht cluster in the German North Sea. Comprising 44 turbines … Read the full press release

Nokia Expands 5G Partnership with Telia to Power Next-Generation Connectivity Across the Nordics and Baltics

(IN BRIEF) Nokia has signed an extended partnership with Telia to enhance 5G capabilities across the Nordic and Baltic regions, deploying its cloud-native 5G Standalone Core in Finland, Sweden, Norway, Estonia, and Lithuania. The agreement also includes the use of … Read the full press release

Finnish Ministry Commissions AFRY to Explore Pathways for Expanding Nuclear Power

(IN BRIEF) AFRY has been commissioned by Finland’s Ministry of Economic Affairs and Employment to conduct a comprehensive study evaluating future nuclear energy options in the country. The research will cover investment models for small modular reactors, large nuclear facilities, … Read the full press release

Sandvik Expands U.S. Digital Manufacturing Presence with Acquisition of QTE Manufacturing Solutions

(IN BRIEF) Sandvik has strengthened its digital manufacturing portfolio with the acquisition of QTE Manufacturing Solutions, a U.S. reseller of Mastercam software and related products from Verisurf and Vericut. The Missouri-based company, which serves manufacturers across the Midwest, will join … Read the full press release