(IN BRIEF) SEB’s newly launched AI fund has reported impressive first-year results, outperforming global benchmarks under the management of Alexander Winberg. The fund focuses on investing in companies advancing artificial intelligence, with its performance exceeding both world and benchmark indices. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI Fund, AI Infrastructure, Alexander Winberg, SEB, trends
(IN BRIEF) Alfa Laval AB has appointed its Nomination Committee for the 2025 Annual General Meeting (AGM), which includes representatives from major shareholders: Jörn Rausing (Winder Holding), Daniel Kristiansson (Alecta Tjänstepension Ömsesidigt), Lennart Francke (Swedbank Robur Fonder), Anders Oscarsson (AMF-Försäkring … Read the full press release
(IN BRIEF) Saab AB has announced the establishment of its Nomination Committee ahead of the Annual General Meeting (AGM) scheduled for April 10, 2025, in Linköping, Sweden. The committee, formed based on the shareholder structure as of August 31, 2024, … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Anna Magnusson, Annual General Meeting 2025, appointment, Daniel Nodhäll, leadership, Marcus Wallenberg, Marianne Nilsson, Nomination Committee, Peter Wallenberg Jr, Saab AB
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) H&M Move has launched its new Autumn/Winter 2024 rain collection, featuring stylish and affordable performance outerwear. Key pieces include StormMove™ overalls, relaxed-fit pants, and oversized ponchos, all designed with waterproof and windproof StormMove™ fabric. The collection offers both … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged Autumn/Winter 2024, H&M, Rain-Ready Activewear Collection
(IN BRIEF) H&M has launched “H&M Adorables,” a premium baby and kidswear line focused on high-quality materials and timeless designs that can be passed down through generations. The collection, which features cashmere, silk, Merino wool, and organic cotton, includes essentials … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged 'Adorables', Baby and Kidswear Line, H&M, Sofia Löfstedt
(IN BRIEF) Telia’s newly released “Buckle Up” report reveals that while cyberattacks have surged by 466% over the past year, only 37% of companies are adequately prepared to handle them. The report emphasizes that human error, rather than technology, is … Read the full press release
(IN BRIEF) Uganda’s largest power generation facility, the 600 MW Karuma Hydropower Plant, was officially inaugurated by President Yoweri Museveni on September 26, 2024. Located on the Kyoga Nile River, the plant boosts Uganda’s energy capacity from 1,400 MW to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Karuma Hydropower Plant, partnership, Power Project, President Yoweri Museveni, Sinohydro Corporation Ltd., sustainability, Uganda, Victor de Genot de Nieukerken
(IN BRIEF) Skanska has signed a contract worth CZK 1.1 billion (approximately SEK 510M) with Central Group to develop the next phase of the Tesla Hloubětín residential project in Prague, Czechia. The project will include four residential buildings with six … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, Prague, Residential Complex, Skanska, sustainability
(IN BRIEF) Allied Green Ammonia (AGA) has appointed AFRY as the Owner’s Engineer for its flagship green ammonia project in Australia’s Northern Territory. The project will use 100% renewable energy, combining 4.75 GW of solar power and battery energy storage … Read the full press release
(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, digital innovation, Ericsson, partnership, Tao Duc Thang, Vietnam, Viettel
(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden, Technology
Tagged Eirik Berg, fossil-free steel, Matts Nilsson, Norway, partnership, Smith Stål, SSAB, SSAB Fossil-free™, SSAB Zero, sustainability
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) Scania and Fortescue have partnered to develop an autonomous road train solution aimed at transforming the mining industry with increased efficiency and sustainability. The collaboration leverages Scania’s advanced truck automation technology and Fortescue’s mining expertise, focusing on reducing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Australia, Autonomous Road Train, Dino Otranto, Fortescue, Manfred Streit, mining, partnership, Peter Hafmar, Scania, sustainability
(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Agri-PV Park, Eric Tonnaer, farming, Netherlands, partnership, solar power, sustainability, Symbizon, Vattenfall
(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release
(IN BRIEF) Ericsson has partnered with INFORM to integrate the advanced RiskShield platform into its Mobile Financial Services Platform to enhance security in financial services and combat fraud. The collaboration will provide Ericsson’s global customers, including communication service providers (CSPs), … Read the full press release
(IN BRIEF) Vattenfall has announced the appointment of Johan Dasht as the new Senior Vice President of its Business Area Generation, which focuses on hydro and nuclear power operations. Dasht, who currently heads Vattenfall’s hydro operations in the Nordics, will … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Head of Hydro, Johan Dasht, leadership, Nuclear Power Operations, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Business Area Generation, Johan Dasht, leadership, Senior Vice President, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) Stora Enso and Södra have entered into a long-term agreement to collaborate on advancing the use of kraft lignin, a sustainable material derived from the pulping process. Under the partnership, Södra will supply kraft lignin from its new … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bio-Based Material, Johannes Bogren, Juuso Konttinen, kraft lignin, partnership, Södra, Stora Enso, sustaianbility, Sweden
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