(IN BRIEF) Lantmännen is investing €100 million in a groundbreaking food production facility in Lidköping, Sweden, aimed at tackling the global protein gap. Set to begin operations in 2027, the plant will process 35,000 tonnes of yellow peas and 5,000 … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Food Production Initiative, Lantmännen, Magnus Kagevik, partnership, Protein Plant, Sumit Pingle, sustainability, Sweden, technology
(IN BRIEF) DSV has launched its first renewable energy facilities at its Landskrona, Sweden warehouse, featuring over 100,000 square meters of rooftop solar panels generating 14 MWp of energy. The facility, capable of powering itself, charging electric vehicles, and supplying … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Transportation & Logistics
Tagged Anders Rousing, Brian Ejsing, decarbonization, DSV, logistics, partnership, renewable energy facility, sustainability, Sweden
(IN BRIEF) Saab has secured a SEK 340 million order from the Swedish Defence Materiel Administration (FMV) to supply the Sea Giraffe 1X naval radar system to the Swedish Navy. The radars, to be delivered between 2024 and 2026, will … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Carl-Johan Bergholm, Naval Defense, partnership, Saab, Sea Giraffe 1X Radars, Sweden
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Financial, NIB, partnership, SMCs, SMEs, sustainability, Sweden, Ziklo Bank AB
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) Skanska, alongside Coffman Specialties, has been awarded a $389 million contract to construct new express lanes on the I-15 corridor in San Bernardino, California, with Skanska’s share amounting to $336 million. Spanning 17.4 kilometers, the project includes price-managed … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged California, Coffman Specialties, I-15 Express Lanes Project, partnership, Skanska, sustainability, traffic flow
(IN BRIEF) Skanska has secured a $450 million contract with the Massachusetts Port Authority to modernize Boston’s Logan Airport Terminal E. The project includes constructing a 67,400-square-meter parking garage with 5,000 spaces, a vehicular bridge to the central parking complex, … Read the full press release
(IN BRIEF) SSAB and Stena Metall have formed a strategic partnership to enhance sustainable steel production by utilizing recycled scrap metal from Stena Metall’s Nordic Recycling Center. This metal will be supplied to SSAB’s new electric arc furnace in Oxelösund, … Read the full press release
(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) and DHL Supply Chain have joined forces to revolutionize freight transportation in the U.S. using the production-ready Volvo VNL Autonomous, powered by Aurora Driver technology. The partnership aims to validate the ecosystem required for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Transportation & Logistics
Tagged Autonomous Freight Operations, DHL, Jim Monkmeyer, logistics, Nils Jaeger, partnership, safety, Sasko Cuklev, sustainability, U.S., Volvo
(IN BRIEF) Hexagon has appointed Thomas Harring, currently President of its Geosystems division, as Executive Vice President (EVP), effective February 1, 2025. In this role, Harring will focus on enhancing operational excellence and driving business transformation. Henning Sandfort will join … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology
Tagged appointment, EVP, Geosystems Division, Henning Sandfort, Hexagon, leadership, Norbert Hanke, Ola Rollén, Thomas Harring, Thomas Harring EVP
(IN BRIEF) Skanska has secured a $126 million contract from the Tennessee Department of General Services to renovate Legislative Plaza in Nashville. The project includes modernizing office spaces, upgrading the Motlow Tunnel, and improving mechanical, electrical, and plumbing systems. The … Read the full press release
Posted in Business, Construction, Environment, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Legislative Plaza, Nashville, partership, renovation, Skanska, sustainability
(IN BRIEF) AFRY is hosting the Sahlgrenska Global Health Hackathon in Malmö in early February, a collaborative event that brings together innovators, healthcare professionals, and students to address global health challenges. Part of a global initiative organized by Sahlgrenska Science … Read the full press release
Posted in Artificial Intelligence (AI), Healthcare, Management, Society, Sweden
Tagged AFRY, AI, collaborative creativity, data-driven technology, February, global health challenges, global initiative, Gothenburg, healthcare solutions, industry leaders, Malmö, mentorship, Nordic Life Science Days, real-world problems, Sahlgrenska Global Health Hackathon, Sahlgrenska Science Park
(IN BRIEF) Nua Surgical, an Irish medical device company, has raised €6.5 million in a Series A funding round led by EQT Life Sciences, with participation from Kidron Capital, Texas Medical Center Venture Fund, Enterprise Ireland, and other investors. The … Read the full press release
Posted in Financial, Healthcare, Investment, Ireland, Sweden
Tagged C-section surgeries, Enterprise Ireland, EQT Life Sciences, healthcare systems, Ireland, Kidron Capital, maternal health innovation, Nua Surgical, patient safety, regulatory approval, series A funding, surgical access, team expansion, Texas Medical Center Venture Fund
(IN BRIEF) Skanska has been awarded a €252 million contract by City Transport Ltd to build a state-of-the-art tram depot in Helsinki, Finland. The 41,000-square-meter facility will house and service up to 50 trams, with provisions for maintenance, cleaning, and … Read the full press release
(IN BRIEF) EQT Exeter has sold a portfolio of 12 student housing assets across nine cities in Spain to Azora, marking a key step in the Spanish student accommodation market. The portfolio, which has grown from 1,500 to 4,100 beds … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Spain, Sweden, United Kingdom
Tagged acquisition, Azora, Carlos Molero Sánchez de la Blanca, EQT Exeter, José Alonso, partnership, Spain, student housing, sustainability, Tom Livelli
(IN BRIEF) Skanska is investing SEK 530 million in Mandelblomman, a sustainable residential project in Täby Park near Stockholm. The development includes 156 apartments, a rooftop terrace, a green courtyard, and 75 parking spaces. Sustainability features include solar panels covering … Read the full press release
(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release
(IN BRIEF) This partnership between SSAB and AWS is a significant step towards decarbonizing the materials used in critical infrastructure. By adopting cutting-edge technology like HYBRIT, AWS is not only taking meaningful action toward its sustainability goals but also leading … Read the full press release
(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, energy transition, Henrik Tegnér, Industrial Growth, Industrikraft, partnership, Robert Andrén, sustainability, Sweden, Tom Erixon
(IN BRIEF) SKF has secured a €430 million loan from the European Investment Bank (EIB) to advance research, development, and innovation in bearings, seals, and lubrication systems across six European countries. The funding supports green technologies in sectors like renewable … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bearings, EIB, Green Technologies, INNOVATION, partnership, Rickard Gustafson, Seals, SKF, sustainability, Sweden, Thomas Östros
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