Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Laborie to Acquire Urotronic, Expanding Its Medical Technology Portfolio

(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release

Alfa Laval’s OceanGlide Chosen for Retrofit on Kumiai Navigation’s LPG Tanker for Sustainability Gains

(IN BRIEF) Alfa Laval OceanGlide’s fluidic air lubrication system has been selected for installation on a 54k DWT LPG tanker owned by Kumiai Navigation. The decision to retrofit OceanGlide is part of Kumiai Navigation’s sustainability efforts, aiming to reduce energy … Read the full press release

Leading Real Estate Firm EQT Exeter Expands European Presence with New Partner

(IN BRIEF) EQT Exeter has appointed Tom Livelli as a Partner, based in Madrid, to lead the expansion of its European multi-family platform. Tom brings significant experience from his previous role as Senior Managing Director at Greystar, where he oversaw … Read the full press release

Scania Inaugurates Battery Assembly Plant for Serial Production of Premium Electric Vehicles

(IN BRIEF) Scania has celebrated the inauguration of its battery assembly plant at its headquarters in Södertälje, Sweden, marking a significant milestone for the company. This plant’s operations will facilitate the serial production of premium heavy-duty electric vehicles. The battery … Read the full press release

Skanska Secures $834M Contract for I-405 Corridor Expansion Project in Washington

(IN BRIEF) Skanska has entered into a contract with the Washington State Department of Transportation (WSDOT) to enhance and operationalize a 7.2-kilometer stretch of the I-405 corridor in Bothell, Washington. The contract is valued at USD 834 million (SEK 8.8 … Read the full press release

Saab Unveils Deployable Giraffe 1X Radar Configuration for Swift Battlefield Operations

(IN BRIEF) Saab has introduced a new configuration for its Giraffe 1X radar, known as the Deployment Set, which offers enhanced transportability, rapid relocation, and quick operational readiness. The innovative radar system, showcased at DSEI 2023, caters to the needs … Read the full press release

Anna Müller to Lead Volvo Penta as President, Bringing Automotive Expertise to Volvo Group Management

(IN BRIEF) Anna Müller has been appointed as the President of Volvo Penta and will become a member of the Volvo Group management, succeeding Heléne Mellquist. Currently the Senior Vice President for the Europe North and Central Division at Volvo … Read the full press release

Volvo Autonomous Solutions Marks Industry Milestone with Safety Driver Removal in Active Mining Operation

(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) has achieved an industry-first milestone by eliminating the need for a safety driver in an active commercial mining operation at Brönnöy Kalk mine in Norway. The achievement involves seven autonomous Volvo FH trucks equipped … Read the full press release

AB Volvo Witnesses Conversion of Series A Shares to Series B, Adjusting Total Registered Shares and Votes

(IN BRIEF) The conversion of 1,069 Series A shares to Series B shares in AB Volvo has altered the company’s registered share count, resulting in a total of 2,033,452,084 shares, comprising 444,986,702 Series A shares and 1,588,465,382 Series B shares, … Read the full press release

Ericsson Supplies 5G Test Network Infrastructure to Strengthen German Telecommunications Network Security

(IN BRIEF) Ericsson has provided the German Federal Office for Information Security (BSI) with a comprehensive 5G test network infrastructure for its 5G/6G Security Lab TEMIS (Test Environment for Mobile Infrastructure Security). This initiative aims to enhance the security of … Read the full press release

Ericsson Receives Google Cloud’s 2023 Partner Award for Transformative Telecommunications Innovation

(IN BRIEF) Ericsson has been awarded the 2023 Google Cloud Industry Solution Technology Partner of the Year Award for Telecommunications. The recognition stems from Ericsson’s innovative integration of its 5G portfolio with Google Cloud technology. The collaboration between Ericsson and … Read the full press release

Ericsson, AWS, and Hitachi Demonstrate 5G and AI’s Impact on Manufacturing Efficiency

(IN BRIEF) Technology giants Ericsson, Amazon Web Services (AWS), and Hitachi America R&D have collaborated to showcase the transformative potential of existing 5G, artificial intelligence (AI), and automation solutions in manufacturing. A private 5G infrastructure trial was conducted at Hitachi … Read the full press release

Electrolux Unveils AEG EcoLine: Resource-Efficient Appliances to Reduce Climate Impact

(IN BRIEF) Electrolux Group, operating under its premium brand AEG, is unveiling its most resource-efficient appliances, the AEG EcoLine, at IFA 2023. These appliances, covering various categories, are designed to reduce climate impact while maintaining high performance. The selection includes … Read the full press release

Efterklang’s Sound Design for NOFO Hotel & Wine Bar Earns Coveted Red Dot Award

(IN BRIEF) Efterklang, a part of AFRY, has been honored for its inventive and creative utilization of sound design and audio branding. The customized sound design concept created for the NOFO Hotel & Wine Bar in Stockholm has been recognized … Read the full press release

AFRY Recognized as Nasdaq ESG Transparency Partner for Commitment to Sustainability Reporting

(IN BRIEF) AFRY has achieved certification as a Nasdaq ESG Transparency Partner for 2022, demonstrating its commitment to transparency in sharing Environmental, Social, and Governance (ESG) information with investors. By obtaining this certification, AFRY emphasizes its dedication to sustainability as … Read the full press release

Saab Demonstrates Integrated Air Defense Solution for JLTV with Missile System and Camouflage Technology

(IN BRIEF) Saab aims to demonstrate the integration of its missile-equipped RBS 70 NG Mobile Firing Unit (MFU) with advanced technologies, including the Barracuda Mobile Camouflage System and tactical electronics, onto the Joint Light Tactical Vehicle (JLTV). The purpose is … Read the full press release

Verizon, Ericsson, and MediaTek Achieve Successful Data and Voice Sessions on 5G Network with New RedCap Technology

(IN BRIEF) Verizon, in collaboration with Ericsson and MediaTek, has achieved successful data and voice sessions over its 5G network using Ericsson’s new RedCap compatible software and MediaTek’s RedCap testing platform. This breakthrough technology, referred to as NR light functionality, … Read the full press release

Ericsson Continues to Empower African Talent with Latest Intake of Graduates in Kenya

(IN BRIEF) Ericsson has introduced a new group of graduates into its Graduate Program in Africa, consisting of 7 individuals who joined the company in July 2023. The program, spanning roles in Engineering, Information Technology, Artificial Intelligence, and Strategy and … Read the full press release

EQT Announces Successful Completion of USD 924 Million Block Trade for Coforge

(IN BRIEF) BPEA Private Equity Fund VII (“BPEA EQT”) has successfully sold its remaining 26.6 percent stake in Coforge, an Indian technology services provider listed on the National Stock Exchange. The USD 924 million block trade marked the conclusion of … Read the full press release

Visa Moilanen Takes the Helm as Head of Pulp & Paper in AFRY’s Process Industries Division

(IN BRIEF) Visa Moilanen has been appointed as the Head of Pulp & Paper in the Process Industries Division at AFRY. Having a significant background in the global Pulp & Paper sector, including previous roles at AFRY, Visa brings substantial … Read the full press release

AFRY Selected by EETC for Vital Grid System Study to Support Egypt’s Renewable Energy Expansion

(IN BRIEF) The Egyptian Electricity Transmission Company (EETC) has chosen AFRY to conduct a crucial system study to facilitate the rapid expansion of Egypt’s national transmission grid. The study’s focus is on addressing challenges arising from the increased integration of … Read the full press release

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release

Ericsson’s Graduate Program Welcomes Fresh Cohort in Nigeria, Aiming to Drive Innovation and Digital Transformation in Africa

(IN BRIEF) Ericsson has introduced a new group of graduates in Nigeria as part of its ongoing Graduate Program in Africa. This program offers opportunities for graduates to explore roles in various fields including Engineering, Information Technology, Artificial Intelligence, and … Read the full press release

Hexagon’s Operator Alertness System Debuts Underground, Championed by MMG for Enhanced Miner Safety

(IN BRIEF) Hexagon has partnered with MMG, a global base metals producer, to launch the HxGN MineProtect Operator Alertness System (OAS) in an underground mining context. This marks the first use of such technology in underground mines. Deployed in MMG’s … Read the full press release

Hexagon Unveils 2023 Capital Markets Day and Anticipated China Site Visit

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has unveiled details of its upcoming 2023 Capital Markets Day, following its Q2 2023 results announcement. Set to take place on December 7th, 2023, at King’s Place in London, the … Read the full press release

AFRY Experience Studios Expands into Italy with New Bologna Office, Focused on Automotive and Sustainable Design

(IN BRIEF) AFRY Experience Studios is opening its fourth office in Bologna, Italy, aiming to enhance its global automotive solutions and deliver sustainable design services. Bologna’s design-rich environment and automotive industry presence make it an ideal location for AFRY’s expansion. … Read the full press release

Ericsson and Vodafone’s 5G Trial Enhances Mobile Gaming Experience Through Network Slicing

(IN BRIEF) Ericsson and Vodafone have conducted a successful live network trial at Coventry University to showcase the positive impact of optimized 5G Standalone network slicing on enhancing the mobile gaming experience. Using network slicing, trial participants experienced improved gaming … Read the full press release

Ericsson and RMIT Launch AI Lab in Hanoi, Accelerating Industry 4.0 and Digital Transformation in Vietnam

(IN BRIEF) Ericsson and RMIT University have partnered to establish the RMIT & Ericsson AI Lab at RMIT’s campus in Hanoi, Vietnam. This collaboration builds on their existing 5G education partnership, aiming to educate Vietnamese students about 5G and emerging … Read the full press release

Telstra and Ericsson Lead the Way: Australia’s First Voice over New Radio Call Marks Evolution of 5G with RedCap Software

(IN BRIEF) Telstra and Ericsson have achieved Australia’s first implementation and validation of the next evolution of 5G technology, utilizing Ericsson’s pre-commercial Reduced Capability (RedCap) software on Telstra’s 5G commercial network. They conducted a Voice over New Radio (VoNR) call … Read the full press release

Ericsson’s Innovative Carrier Aggregation Achieves 5.7Gbps Data Throughput Using FDD and TDD Spectrum Combination

(IN BRIEF) Ericsson has achieved a successful data call using a combination of three Frequency Division Duplex (FDD) bands and three Time Division Duplex (TDD) bands in the sub-6GHz range. This carrier aggregation testing was conducted in an Ericsson lab … Read the full press release

Saab Commences Composite Mast Production for Finnish Navy’s New Ships

(IN BRIEF) Saab, a global defense and security company, conducted a composite cutting ceremony in Karlskrona for the first of four masts to be used in the Finnish Navy’s new ships. The masts, constructed from the same composite material as … Read the full press release

Jacob Lund Appointed as Head of Corporate Communication & Sustainability at Investor

(IN BRIEF) AstraZeneca’s Head of Global Media Relations, Jacob Lund, has been chosen as the new Head of Corporate Communication & Sustainability and a member of the Executive Leadership Team at Investor. With a decade of experience at AstraZeneca, holding … Read the full press release

Volvo Group Australia Bolsters Executive Team to Foster Government and Industry Partnerships

(IN BRIEF) Volvo Group Australia has made significant appointments to its Executive Leadership Team to strengthen relationships with government and industry stakeholders. Lauren Pulitano, a seasoned professional with 15 years at Volvo Group, becomes the Vice President of Public Affairs, … Read the full press release

Tibnor, Subsidiary of SSAB, Plans Cost-saving Measures Including Staff Reduction to Improve Profitability

(IN BRIEF) Tibnor, a subsidiary of SSAB, has announced plans to adjust its operations in response to lower demand and profitability. The measures, intended to achieve annual cost savings of around SEK 150 million, will encompass all Tibnor business areas … Read the full press release

Ericsson Recognized as Best Place to Work for Disability Inclusion in The Disability Equality Index®

(IN BRIEF) Ericsson, a global telecommunications company, has been named a “Best Place to Work for Disability Inclusion” in The Disability Equality Index® (DEI), a benchmarking tool measuring disability workplace inclusion. The DEI is a collaboration between the American Association … Read the full press release

TPG Telecom Collaborates with Ericsson to Boost Network Performance Using AI-Powered Analytics Solution

(IN BRIEF) TPG Telecom and Ericsson have entered into a multi-year agreement to introduce an innovative cloud-native and AI-powered analytics solution for enhancing mobile network performance. This solution is designed to offer TPG Telecom’s teams an in-depth understanding of individual … Read the full press release

Ericsson Introduces Eco-Friendly Packaging to Cut Plastic Use in Supply Chain

(IN BRIEF) Ericsson, in partnership with Deutsche Telekom and Swisscom, has developed a sustainable packaging solution for shipping its Remote Radio products. The packaging materials, designed to reduce the environmental impact and plastic content, are fully recyclable and made from … Read the full press release

Enea Completes Share Buybacks to Enhance Capital Structure and Shareholder Value

(IN BRIEF) Enea AB (publ) conducted share buybacks between August 7-11, 2023, repurchasing a total of 25,289 own shares under the authorization from the Annual General Meeting 2023. The purpose of the repurchase program is to adjust the company’s capital … Read the full press release

EQT AB repurchased 393,000 Own Ordinary Shares Between 7 and 11 August 2023 as part of its Share Repurchase Program

(IN BRIEF) EQT AB, a purpose-driven global investment organization, has repurchased 393,926 of its own ordinary shares (ISIN: SE0012853455) between 7 and 11 August 2023 as part of its initiated repurchase program, running between 17 July 2023 and 25 August … Read the full press release

Hexagon Appoints Mattias Tidebrink to Lead Asia Pacific Region for Safety and Geospatial Solutions

(IN BRIEF) Hexagon’s Safety, Infrastructure & Geospatial division has appointed Mattias Tidebrink as the head of its Asia Pacific (APAC) region. In this role, Tidebrink will lead the strategic direction for the region, focusing on growth and profitability. Hexagon has … Read the full press release