(IN BRIEF) Latvenergo AS, the largest energy utility in the Baltic States, has awarded BLIX, part of AFRY, as the Owner’s Engineer for multiple large-scale onshore wind projects in the Baltics over a five-year period. The projects align with Latvenergo’s … Read the full press release
(IN BRIEF) UScellular and Ericsson have partnered to offer private wireless network solutions for various industry sectors, starting with a focus on Industry 4.0 manufacturing, logistics, distribution, and warehousing. The collaboration combines Ericsson’s Private 5G network portfolio with UScellular’s connectivity … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G network, David Green, Ericsson, Kim Kerr, partnership, UScellular
(IN BRIEF) Ericsson and MediaTek have collaborated to exhibit the capabilities of the Reduced Capability (RedCap) solution in the realm of 5G Standalone technology. This partnership involved successful interoperability testing (IoDT) in Sweden, where the RedCap data was tested alongside … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G, Dr. HC Hwang, Ericsson, interoperability testing (IoDT), MediaTek, partnership, RedCap, Sibel Tombaz, Sweden, technology
(IN BRIEF) Telkomsel and Ericsson have announced the renewal of their partnership to enhance and expand their existing 4G/5G network coverage in Indonesia. This collaboration will involve deploying Ericsson’s energy-efficient 5G Radio Access Network (RAN) products and solutions in various … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 4G/5G Networks, Ericsson, Indonesia, Jerry Soper, Nugroho, partnership, Telkomsel
(IN BRIEF) Enea AB (publ), a telecom and cybersecurity software specialist, has repurchased 24,477 of its own shares within the framework of an authorized share buyback program. The purpose of the program is to adjust the company’s capital structure over … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom
Tagged buyback program, Enea, Financial
(IN BRIEF) EQT AB has repurchased 364,176 of its own ordinary shares as part of its repurchase program announced on 14 July 2023. The program aims to buy back a maximum of 1,800,000 own ordinary shares for SEK 500,000,000 and … Read the full press release
Posted in Financial, Investment, Management, Sweden
Tagged EQT AB, Nasdaq Stockholm, ordinary shares, share buy back
(IN BRIEF) EQT Private Equity has agreed to sell Schülke, a provider of infection prevention solutions for the healthcare industry, to the ATHOS Consortium. Under EQT’s ownership, Schülke focused on the healthcare market, expanded into new geographies, and became a … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Investment, Sweden
Tagged acquisition, Bitburger Holding, divestment, EQT, EQT Private Equity, infection prevention solutions, Schülke
(IN BRIEF) Orange Jordan has selected Ericsson, a global 5G leader, to upgrade its core network infrastructure with cloud-native dual-mode 5G Core and 5G Charging solutions. This enhancement will enable Orange Jordan to deliver more flexible, efficient, and scalable services … Read the full press release
Posted in Internet & Online, Sweden, Technology, Telecom
Tagged 5G, 5G Charging, 5G Core, Core network infrastructure, Eng. Waleed Al Doulat, Ericsson, Kevin Murphy, Network slicing, Orange Jordan
(IN BRIEF) Ericsson, a global 5G leader, has established its first 5G manufacturing facility in Southeast Asia in Penang, Malaysia. The facility will produce state-of-the-art Ericsson 5G radios, including lightweight and energy-efficient Massive MIMO antenna-integrated radios. The investment in local … Read the full press release
Posted in Business, Economy, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged 5G Manufacturing Facility, 5G radio equipment, Chief Minister Tuan Chow Kon Yeow, connectivity, David Hägerbro, Ericsson, His Excellency Dr Joachim Bergstrom, Malaysia, Minister YB Ahmad Fahmi bin Mohamed Fadzil, partnership, Penang, Socioeconomic
(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Sweden
Tagged Biomanufacturing Facility, partnership, Seagen, Skanska, USA, Washington
(IN BRIEF) EQT Exeter Real Estate Income Trust, Inc. (EQRT) has announced the effectiveness of its Registration Statement on Form S-11 for its initial public offering of common stock. The company plans to offer up to $5 billion in shares … Read the full press release
Posted in Business, Financial, Investment, Management, News, Real Estate, Sweden
Tagged EQRT, EQT, Financial, QRT, Real Estate Income Trust
(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release
(IN BRIEF) A recent survey conducted in Northumberland, north-east England, revealed surprising results about attitudes towards wind power. Contrary to popular belief, three-quarters of respondents living near wind turbines supported onshore wind farms and wished to see further growth in … Read the full press release
(IN BRIEF) Ericsson and Intel have announced a strategic collaboration to utilize Intel’s manufacturing technology for Ericsson’s next-generation optimized 5G infrastructure. Intel will manufacture custom 5G SoCs for Ericsson to create highly differentiated products for future 5G infrastructure. They will … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged 5G infrastructure, 5G SoCs, Cloud RAN, Ericsson, Fredrik Jejdling, Intel, Intel Xeon Processors, partnership, Sachin Katti
(IN BRIEF) Saab, a leading defence and security company, has received an order worth approximately SEK 600 million (~EUR 52 million) from Poland’s Ministry of National Defence for two Saab 340 Airborne Early Warning (AEW) aircraft equipped with Saab’s advanced … Read the full press release
(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release
(IN BRIEF) Skanska has secured a contract with Lehigh University to redevelop the Clayton University Center on its campus in Pennsylvania, USA, at a cost of USD 70 million (SEK 730 million). The renovation project involves upgrading various utilities, installing … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Clayton University Center, Lehigh University, partnership, Skanska
(IN BRIEF) Electrolux Group has announced its plans to divest Zanussi and other non-core brands, including production facilities in Egypt and water heater production facilities in Egypt and South Africa. The potential divestment value of these assets is estimated to … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Sweden
Tagged divestment, Electrolux Group, Jonas Samuelson, Zanussi
(IN BRIEF) Electrolux Group’s second-quarter report reveals a decline in net sales due to weak market demand and consumer shifts to lower price points, resulting in significantly lower volumes. Operating income was impacted by a non-recurring provision related to a … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, Media, News, Sweden
Tagged Anna Ohlsson-Leijon, Asset Divestment, Electrolux Group, Financial, Jonas Samuelson, sales, Therese Friberg
(IN BRIEF) Ericsson and O2 Telefónica in Germany have reached a significant milestone in the development of 5G Cloud RAN technology in Europe. Through a joint Proof of Concept (PoC) deployment at O2 Telefónica’s innovation hub, Ericsson showcased its first … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G Cloud RAN, Daniel Leimbach, Ericsson, Europe, Germany, INNOVATION, Mallik Rao, O2 Telefónica, partnership
(IN BRIEF) Vattenfall, a leading energy company, has acquired Solizer, a German solar developer, as part of its efforts to enable fossil-free living. The acquisition includes an experienced team and a pipeline of large-scale solar projects in Germany, totaling 4 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged acquisition, Helene Biström, partnership, solar power, Solizer, sustainability, Vattenfall
(IN BRIEF) AFRY Management Consulting has been ranked among the top three consultancies for green and low-carbon hydrogen by Reuters in their report on the top 100 innovators in hydrogen for 2023. AFRY’s expertise in the hydrogen value chain, ranging … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged AFRY, Awards, GREEN HYDROGEN, hydrogen, John Williams, Management Consulting, Reuters, sustainability, Top Consultancy
(IN BRIEF) Saab’s test pilot, André Brännström, won the Paul Bowen Trophy for the Best Solo Jet Demonstration at the Royal International Air Tattoo (RIAT) in England. Brännström flew the Gripen E, Saab’s latest fighter jet, at the event, showcasing … Read the full press release
(IN BRIEF) Alfa Laval, a leader in heat transfer and fluid handling technologies, and RWDC Industries, a biotechnology company specializing in biopolymer materials, have signed a joint development agreement. The collaboration aims to enhance the manufacturing processes for sustainable alternatives … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden
Tagged Alfa Laval, biopolymer, economy, Karin Forsberg, partnership, RWDC Industries, Ryan Adolphson, single-use plastics, sustainability
(IN BRIEF) Robert Hafredal has been appointed as the new Executive Vice President (EVP) of Global Information Services and Chief Information Officer (CIO) at Husqvarna Group, effective August 1, 2023. Having previously served as the acting EVP of Global Information … Read the full press release
(IN BRIEF) New Zealand’s telecommunications provider, Spark, has appointed Ericsson as the supplier for its 5G Core solution to power Spark’s 5G Standalone (SA) network. The appointment follows a successful three-month 5G SA trial in 2022, demonstrating the deployment capabilities … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G, Emilio Romeo, Ericsson, New Zealand, partnership, Renee Mateparae, Spark
(IN BRIEF) SEB has successfully completed its latest share buyback program, repurchasing SEK 1.25 billion worth of Class A shares. Following this, the Board of Directors has decided to initiate a new buyback program of the same value. The new … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, SEB, Share Buyback Program
(IN BRIEF) EQT AB has announced its plan to repurchase a maximum of 1,800,000 of its own ordinary shares, amounting to a total maximum value of SEK 500,000,000. The decision was made in accordance with the authorization granted by the … Read the full press release
(IN BRIEF) Hexagon, the global leader in digital reality solutions, will be releasing its Interim Report for the second quarter of 2023 on July 26. The report will be made available at approximately 08:00 CET. Hexagon’s President and CEO, Paolo … Read the full press release
Posted in Business, Industrial, Management, Media, News, Sweden, Technology
Tagged Hexagon, Paolo Guglielmini, REPORT, Second Quarter 2023
(IN BRIEF) Ericsson and MTN have joined forces to deliver affordable and reliable mobile broadband services to remote rural areas in Benin that lack adequate connectivity. As part of the agreement, Ericsson will support MTN Benin’s rural coverage expansion across … Read the full press release
Posted in Business, Industrial, Internet & Online, Management, News, Sweden, Technology, Telecom
Tagged connectivity, Ericsson, Hossam Kandeel, mobile broadband, MTN, partnetship, Rural Benin, Uche OFODILE
(IN BRIEF) Hexagon, through its Mining division, has acquired HARD-LINE, a Canadian company specializing in mine automation and remote-control technology. HARD-LINE’s expertise lies in providing remote control solutions and network infrastructure for tele-remote operation of heavy machinery in mines. The … Read the full press release
Posted in Business, Industrial, Metals and Minerals, Sweden, Technology
Tagged automation, HARD-LINE, Hexagon, HxGN Autonomous Mining, HxGN MineProtect, HxGN Underground Mining, mine automation, mine production optimization, mine safety, mining, Nick Hare, remote-control technology, tele-remote technology, Walter Siggelkow
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired HARD-LINE, a fast-growing company specializing in mine automation and remote-control technology. HARD-LINE’s expertise lies in remote control solutions that enable the tele-remote operation of heavy machinery from secure … Read the full press release
Posted in Industrial, Metals and Minerals, Sweden, Technology
Tagged acquisition, autonomous technologies, combining sensor, digital reality solutions, HARD-LINE, heavy machinery, Hexagon AB, HxGN Autonomous Mining, HxGN MineProtect, HxGN Underground Mining, mine automation, mine production optimisation, mining automation, Paolo Guglielmini, remote-control technology, software
(IN BRIEF) The Fédération Internationale de l’Automobile (FIA), in collaboration with AFRY, has introduced the FIA Road Safety Index, a tool to measure and improve organizations’ and companies’ safety practices. At the Vision Zero Conference, TotalEnergies became the first private … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Security & Safety, Sweden
Tagged AFRY, Award, Claes Tingvall, FIA, Jacob Bangsgaard, Road Safety Index, safety, TotalEnergies
(IN BRIEF) Skanska, a construction company, has announced a contract amendment with Oregon Health & Science University (OHSU) for its Hospital Expansion Project in Portland, USA. The contract amendment is valued at USD 91 million and includes various construction activities … Read the full press release
Posted in Business, Construction, Financial, Healthcare, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged expansion, OHSU Hospital, Portland, Skanska
(IN BRIEF) Ericsson has partnered with Android to introduce a new feature in the upcoming Android 14 release that allows users to request a dedicated 5G network slice for improved performance during specific times for supported applications. Enabled by the … Read the full press release
(IN BRIEF) Skanska, a renowned construction company, has announced the signing of a contract amendment with an existing client for the construction of a data center in Arizona, USA. The contract, valued at USD 67 million, will be included in … Read the full press release
Posted in Business, Construction, Infrastructure & Utilities, Management, News, Sweden
Tagged Arizona, data center, Skanska
(IN BRIEF) Skanska, a leading construction company, has secured a contract to construct a new hospital in Lakeland, Florida, USA. The contract, valued at USD 109 million, will be included in the company’s second-quarter order bookings for 2023 in the … Read the full press release
Posted in Business, Construction, Financial, Healthcare, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Florida, Healthcare, Hospital, Lakeland, Skanska
(IN BRIEF) Skanska, in partnership with Black & Veatch, has secured a contract worth GBP 153 million for the design and construction of a new facility at RAF Molesworth in Cambridgeshire, UK. The contract, awarded by the Defence Infrastructure Organisation … Read the full press release
Posted in Business, Construction, Government, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Black & Veatch, partnership, RAF Molesworth, Skanska, US Air Force Facility
(IN BRIEF) Telstra, in collaboration with Ericsson, has announced the deployment of Ericsson’s Cloud RAN (Radio Access Network) infrastructure on Telstra’s commercial 5G network. This milestone marks the first implementation of Cloud RAN technology in Australia, enabling Telstra to deliver … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G network, Cloud RAN Technology, Emilio Romeo, Ericsson, Iskra Nikolova, partnership, Telstra
(IN BRIEF) Ericsson plans to establish a next-generation smart manufacturing and technology hub in Tallinn, Estonia, with an investment of approximately EUR 155 million. The hub will consolidate Ericsson’s operations in Estonia into a single facility and serve as a … Read the full press release
Posted in Business, Estonia, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged Ericsson, Estonia, Fredrik Jejdling, Tallinn, technology hub, Tiit Riisalo
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