Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

SSAB and Volvo Cars Partner to Recycle Automotive Steel Scrap for Fossil-Free Production

(IN BRIEF) SSAB will purchase high-quality automotive steel scrap from Volvo Cars’ Olofström facility, with deliveries beginning in 2026 and reaching full volume in 2027. The scrap will be processed in SSAB’s new electric arc furnace at the Oxelösund mill, … Read the full press release

Hexagon Expands Geosystems Division with APEI Acquisition to Meet Growing Demand for High-Resolution Aerial Data

(IN BRIEF) Hexagon AB will acquire French aerial-mapping firm APEI—operator of a private survey aircraft fleet across Europe and Africa—to expand its geospatial content capabilities. APEI’s longstanding partnership with Hexagon includes contributions to the Hexagon Content Program and HxDR platform. … Read the full press release

Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

(IN BRIEF) KGI Securities Singapore has launched Scila Risk—a unified multi-asset risk management platform—to replace its separate equities and derivatives systems. The solution provides real-time exposure calculations, collateral optimization, and scenario analysis for equities, derivatives, and FX. CEO Ken Ong … Read the full press release

Volvo CE Invests SEK 2.5 Billion to Enhance Crawler Excavator Production in South Korea, Sweden and North America

(IN BRIEF) Volvo CE has committed SEK 2.5 billion to expand crawler excavator manufacturing across Asia, Europe, and North America. The largest portion of this investment will enhance the Changwon plant in South Korea to secure global production volumes, with … Read the full press release

SSAB and Danieli Finalize Technology Deal for Low-Carbon Mini-Mill in Luleå

(IN BRIEF) SSAB has finalized a contract with Danieli to deliver a fully automated production solution for its planned 2.5 Mt/year mini-mill in Luleå, Sweden. The facility will feature two electric arc furnaces, advanced refining and vacuum degassing systems, and … Read the full press release

EQT Leads Investment in Mosanna to Advance Nasal Spray Therapy for Sleep Apnea Patients

(IN BRIEF) EQT Life Sciences has led a Series A investment in Mosanna Therapeutics to advance its lead drug candidate, MOS118—a nasal spray designed to treat obstructive sleep apnea—into Phase 2 trials. Co-investors include Pivotal bioVenture Partners, Forbion, Norwest, and … Read the full press release

Viaplay Select Launches in the Czech Republic with prima+ Through Long-Term Deal with Prima Group

(IN BRIEF) Prima Group and Viaplay Group have formed an exclusive long-term partnership to bring Viaplay Select to the Czech Republic via the prima+ streaming service starting July 1. With over 200 hours of critically acclaimed Nordic and European content … Read the full press release

Orange Maroc Teams Up with Ericsson to Modernize Network Infrastructure and Prepare for 5G

(IN BRIEF) Orange Maroc has signed a strategic agreement with Ericsson to modernize and expand its core network in preparation for 5G Standalone deployment. The project includes the integration of Ericsson’s dual-mode 5G Core and Cloud Native Infrastructure, deployment of … Read the full press release

Ericsson and Bharti Airtel Expand 25-Year Partnership with New Multi-Year Managed Services Agreement

(IN BRIEF) Ericsson has signed a multi-year NOC Managed Services contract with Bharti Airtel, enhancing their longstanding 25-year partnership and reinforcing Ericsson’s role in supporting Airtel’s nationwide network operations. Under this agreement, Ericsson will provide intent-based operations from its centralized … Read the full press release

ASSA ABLOY Acquires Kingspan Door Components to Enhance Product Portfolio in Residential and Industrial Door Systems

(IN BRIEF) ASSA ABLOY has acquired Kingspan Door Components, a Belgian manufacturer specializing in high-quality sectional door panels for residential and industrial use. The acquisition strengthens ASSA ABLOY’s position in mature markets by expanding its product offerings. Kingspan Door Components, … Read the full press release

Sweco Enhances Expertise in Smart Building Technologies with Acquisition of Brain of buildings

(IN BRIEF) Sweco has acquired Brain of buildings, a leading Dutch engineering firm known for integrating technology into the design and management of smart and secure buildings. This acquisition adds 30 consultants and engineers to Sweco’s Netherlands team, reinforcing its … Read the full press release

Alfa Laval Leads Maritime Decarbonization with First Ammonia Waste Incineration Marine Boiler System

(IN BRIEF) Alfa Laval has secured an order for the world’s first ammonia waste incineration marine boiler system, set for installation on four vessels transporting LPG and ammonia for Trafigura. This innovation, developed in collaboration with key industry players, is … Read the full press release

Alfa Laval Unveils Groundbreaking Hybrid Boilers for Sustainable Shipping Operations

(IN BRIEF) Alfa Laval has introduced the first fuel-flexible hybrid boilers designed to support decarbonization in the maritime industry. These innovative boilers can be delivered as electric hybrid or hybrid-ready, offering shipowners flexibility in fuel use and the ability to … Read the full press release

Royal Thai Air Force Chooses Saab Gripen E/F for Future Fighter Aircraft

(IN BRIEF) The Royal Thai Air Force has confirmed its selection of the Saab Gripen E/F as its future multi-role fighter, with Saab and the Swedish Defence Materiel Administration (FMV) set to proceed with the procurement process. This decision includes … Read the full press release

Hexagon Strengthens Autonomous Drilling Capabilities with Purchase of Drill Assist Technology

(IN BRIEF) Hexagon’s Mining division has acquired Drill Assist from Phoenix Drill Control, LLC, a move that accelerates AI-driven drill automation. The technology improves drilling performance by optimizing penetration rates, providing precise downhole data, and enhancing machine availability. Drill Assist … Read the full press release

Telstra Partners with Ericsson to Deploy AIR 3284, the First 5G Triple-Band Radio Revolutionizing Network Capacity

(IN BRIEF) Ericsson and Telstra have jointly launched the AIR 3284, the world’s first 5G triple-band FDD Massive MIMO radio, a key part of Telstra’s four-year network transformation. This revolutionary radio enhances network capacity, coverage, and performance, providing crucial benefits … Read the full press release

Acumatica to be Acquired by Vista Equity Partners in a Significant Milestone Following Transformational Growth Under EQT’s Ownership

(IN BRIEF) Acumatica has announced the sale of the company to Vista Equity Partners, marking a significant step in the company’s growth journey since its transformation under EQT’s ownership in 2019. Acumatica has expanded its global presence, tripling its headcount … Read the full press release

Telia to Join Global Virtual Telco Pride 2025, Highlighting Diversity and Inclusion in the Telecommunications Industry

(IN BRIEF) Telia will participate in Global Virtual Telco Pride 2025 on June 10, alongside industry leaders like Deutsche Telekom, Vodafone, and Nokia. This year’s event, hosted by Mikko Ylä-Kauttu and Julia Wollschläger, focuses on the theme “Standing Together, Speaking … Read the full press release

HMB Construction to Oversee SEK 560 Million Expansion of Ahlsell Distribution Centre in Hallsberg

(IN BRIEF) HMB Construction, part of AF Gruppen Sweden, has secured a SEK 560 million contract to expand Ahlsell’s distribution center in Hallsberg, where Ahlsell Sverige AB is the tenant. The project includes the addition of 37,000 square meters of … Read the full press release

European Investment Bank Provides €400 Million for Stockholm Metro Expansion, Supporting Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in additional financing for the expansion of the Stockholm metro, supporting the development of 30 km of new tracks, 18 new stations, and the creation of 130,500 housing units. … Read the full press release