Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Ericsson and INFORM Team Up to Revolutionize Financial Security and Defeat Advanced Fraud

(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

Vattenfall Names Johan Dasht as New Head of Hydro and Nuclear Power Operations

(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

Vattenfall Names Johan Dasht as New Senior Vice President for Business Area Generation

(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

Stora Enso and Södra Join Forces to Advance Kraft Lignin as a Sustainable Bio-Based Material

(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

Skanska Awarded $630M Contract for Sustainable Hillview Reservoir Project in Yonkers

(IN BRIEF) Skanska, in partnership with ECCO III Enterprises, Inc., has been awarded a USD 848 million contract by the New York City Department of Environmental Protection for the Hillview Reservoir Chemical Addition Facilities project in Yonkers, New York. Skanska’s … Read the full press release

AFRY’s Fossil Detox Report Outlines Key Steps for Accelerating the Global Transition from Fossil Fuels

(IN BRIEF) AFRY’s newly released Fossil Detox Report, unveiled during New York Climate Week, highlights the urgent need for a global transition away from fossil fuels. The report identifies critical technologies like smart grids, energy storage solutions, and carbon capture, … Read the full press release

Scania Unveils Autonomous Truck and Sustainable Solutions for Agile Mining at MINExpo 2024

(IN BRIEF) At the 2024 MINExpo in Las Vegas, Scania introduced its fully autonomous mining truck and showcased its “Think big, act small” approach to boosting mining efficiency. The company emphasized its focus on payload efficiency, sustainability, and cost-effective solutions … Read the full press release

Scania Launches ProDriver: A Digital Coaching Service Created for Drivers, by Drivers

(IN BRIEF) Scania has introduced ProDriver, a digital coaching service designed to help professional drivers improve fuel efficiency and adopt sustainable driving habits. The service, which offers potential fuel savings of up to 5%, is accessible via the Scania Driver … Read the full press release

Scania Launches Modular Service Portfolio Across Europe, Enhancing Fleet Support for International Operators

(IN BRIEF) Scania has introduced a new modular service portfolio, Services 360, which allows fleet owners across Europe to access consistent, customized service solutions. This initiative caters to the growing needs of international customers with vehicles operating across borders. The … Read the full press release

SSAB and Meka Pro Oy Partner to Produce Sustainable Cable Management Systems with Fossil-Free Steel

(IN BRIEF) SSAB and Meka Pro Oy have signed an agreement for the supply of fossil-free steel to be used in manufacturing cable management systems, such as cable ladders and trays. Starting in 2026, Meka Pro Oy will receive low-emission … Read the full press release

SSAB Partners with Trelleborg to Supply Fossil-Free Steel for Noise-Reducing Brake Pads in Electric Vehicles

(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release

Skanska to Build New Research and Teaching Facility for University of North Texas in $87M Project

(IN BRIEF) Skanska has signed an $87 million contract with the University of North Texas to build a new research and teaching facility on the university’s Denton campus. The 10,300 square-meter building will support interdisciplinary research in fields like biology, … Read the full press release

AFRY and Aurecon Team Up for Queensland’s Borumba Pumped Hydro Energy Storage Project

(IN BRIEF) AFRY and Aurecon have partnered to design the Borumba Pumped Hydro Energy Storage project in Queensland, Australia. Awarded by Queensland Hydro, the project will provide 2,000 MW of electricity for 24 hours with a storage capacity of 48,000 … Read the full press release

CapMan Real Estate and Riksbyggen Forge Strategic Partnership for Residential Property Management in Sweden

(IN BRIEF) CapMan Real Estate has entered a strategic partnership with Riksbyggen to manage its residential properties across Sweden. The collaboration aims to provide high-quality living environments by focusing on tenant satisfaction, safety, and sustainability. CapMan is expanding its investments … Read the full press release

Saab Completes Delivery of Fifth GlobalEye AEW&C Aircraft to United Arab Emirates, Strengthening Strategic Partnership

(IN BRIEF) Saab has successfully delivered the fifth and final GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE), completing the series of deliveries that began in 2020. The advanced multi-domain surveillance system, equipped with … Read the full press release

Saab Delivers Cutting-Edge TAIPAN Radar Systems to British Army, Marking a New Era in Artillery Hunting Technology

(IN BRIEF) Saab has successfully delivered five next-generation TAIPAN artillery hunting radar systems to the British Army, replacing the older MAMBA radar. The advanced TAIPAN systems, now operational with the 5th Regiment Royal Artillery, offer improved deployment speed, mobility, and … Read the full press release

GKN Aerospace Expands Swedish Facility to Boost Advanced Aero-Engine Production

(IN BRIEF) GKN Aerospace is expanding its state-of-the-art aero-engine manufacturing facility in Trollhättan, Sweden by 5,000 square meters to meet growing demand in the aerospace industry. The facility will incorporate advanced digital processes, automation, and robotics, boosting production capacity for … Read the full press release

Eviden Secures Multi-Million Euro Contract to Boost Berzelius Supercomputer’s AI Performance at Linkoping University

(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release

SEB Restructures to Drive Strategic Growth, Strengthen Customer Focus, and Boost Innovation

(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release

Alfa Laval Secures Major Contract for Ballast Water Management System Replacements, Signaling Rising Demand for Reliable Retrofit Solutions

(IN BRIEF) Alfa Laval has won a major contract to replace 18 ballast water management systems (BWMS) on vessels owned by a leading European shipowner. The deal highlights growing demand for reliable BWMS replacements due to stricter regulations and the … Read the full press release

Ericsson Teams with Global Telecom Giants to Drive 5G Innovation and Enterprise Digitalization

(IN BRIEF) At an exclusive event in Boston, Ericsson announced a major collaboration with leading telecom operators, including AT&T, Deutsche Telekom, and Verizon, to launch a global platform for network APIs. This initiative aims to accelerate enterprise digitalization through 5G … Read the full press release

Alfa Laval Launches Innovative Heat Solutions to Power Sustainable Cities at Chillventa 2024

(IN BRIEF) Alfa Laval will introduce its latest energy-efficient heat exchangers for heat pumps at Chillventa 2024, aimed at supporting sustainable cities. These innovations, including the largest-capacity ammonia heat pump condenser and the SE range of brazed heat exchangers, focus … Read the full press release

NIB Provides SEK 200 Million Loan for Energy-Efficient Renovations of Bonnier Fastigheter’s Properties

(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release

Scania Unveils Expanded Electric and Biofuel Truck Range at IAA 2024

(IN BRIEF) At IAA Transportation 2024 in Hanover, Scania is showcasing its latest electrified and biofuel-powered heavy trucks, including a new battery electric tractor and a versatile range of trucks for various applications. Scania’s modular design allows for customized electric … Read the full press release

Boliden Delays Odda Zinc Smelter Expansion, Increases Project Costs by €100 Million

(IN BRIEF) Boliden has announced a delay in its Odda zinc smelter expansion project, pushing the ramp-up of production from 200 to 350 ktonnes to the end of Q1 2025 due to construction delays at the roasting facility. This setback … Read the full press release

Ericsson Unveils 5G and FRMCS Solutions for Railways at InnoTrans 2024

(IN BRIEF) At InnoTrans 2024, Ericsson will showcase its 5G and Future Railway Mobile Communication System (FRMCS) solutions aimed at improving rail safety, efficiency, and the passenger experience. The 5G Corridors will provide high-speed connectivity for passengers, while FRMCS will … Read the full press release

PanTera Raises €134 Million to Tackle Global Actinium-225 Shortage for Cancer Therapies

(IN BRIEF) Belgium-based PanTera has raised €134 million in a Series A funding round led by EQT Life Sciences to accelerate the large-scale production of actinium-225 (225Ac), a crucial isotope for Targeted Alpha Therapy (TAT) used in cancer treatment. The … Read the full press release

ASSA ABLOY Expands Digital Portfolio with Acquisition of Smart Lock Company Level Lock

(IN BRIEF) ASSA ABLOY has acquired smart lock company Level Lock, based in Redwood City, California, to strengthen its digital access solutions in the Americas. Level Lock, founded in 2016, has 70 employees and reported $16 million in sales in … Read the full press release

Hexagon Revolutionizes Large-Scale Manufacturing with Rapid Inspection System, Cutting Inspection Times from Hours to Minutes

(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the Leica Absolute Tracker ATS800, a new innovation designed to streamline quality inspections in large-scale manufacturing. By combining laser tracking and non-contact measurement, the ATS800 reduces inspection times from hours to minutes … Read the full press release

ContourGlobal Partners with AFRY to Revamp 35 Solar Plants in Italy, Boosting Efficiency and Sustainability

(IN BRIEF) ContourGlobal has selected AFRY to provide engineering services for the rehabilitation and efficiency improvement of 35 solar photovoltaic (PV) plants across nine regions in Italy, representing 60 MW of installed capacity. The project will enhance the performance of … Read the full press release

Swedish Innovation Celebrated Through Enhanced Partnership with Tekniska Museet

(IN BRIEF) Ericsson has renewed its partnership with Tekniska Museet, Sweden’s National Museum of Science and Technology, to celebrate Swedish innovations. The museum, located on Stockholm’s Djurgården island, attracts around 400,000 visitors annually and houses over 55,000 artifacts, including many … Read the full press release

SEB Launches Exclusive Global Equity Fund with Montrusco Bolton Collaboration

(IN BRIEF) SEB Asset Management has launched the SEB Montrusco Bolton Global Equity Fund in partnership with Canadian firm Montrusco Bolton. This new actively managed fund offers SEB clients access to a concentrated portfolio of global stocks selected through detailed … Read the full press release

AFRY Partners in Revamping Sweden’s Historic Untra Hydropower Plant

(IN BRIEF) AFRY is collaborating with Fortum to modernize the Untra hydropower plant in Sweden, which has been in operation for over 100 years. The project involves replacing three of the plant’s five generators, which will increase its output from … Read the full press release

Vattenfall Sets Ambitious 100% Recycling Target for Wind Turbine Magnets, Enhancing Sustainability Efforts

(IN BRIEF) Vattenfall has announced a new sustainability goal to ensure 100% circular recycling of permanent magnets from its wind turbines, starting with decommissioned units from 2030. This initiative aims to address the environmental and supply challenges associated with rare … Read the full press release

Vattenfall Wins UK Contracts to Boost Renewable Energy with 100 MW Wind and Solar Projects

(IN BRIEF) On September 4, 2024, Vattenfall announced it has secured Contracts for Difference (CfD) for two significant renewable energy projects in the UK. The Clashindarroch II onshore wind farm and the Kemberton solar farm will collectively add 100 MW … Read the full press release

Telefónica, Ericsson, and MATSUKO Bring Holographic Calls to Smartphones with Revolutionary IMS Integration

(IN BRIEF) Telefónica, Ericsson, and MATSUKO have successfully demonstrated the integration of holographic calls directly into smartphone dialer apps using IMS (IP Multimedia Subsystem) Data Channel technology. This Proof-of-Concept enables real-time holographic communication without the need for additional apps, showcasing … Read the full press release

Volvo Unveils Electric Truck with 600 km Range, Pioneering Long-Distance Zero-Emission Transport

(IN BRIEF) Volvo Trucks is set to launch a groundbreaking electric truck capable of driving up to 600 km on a single charge, marking a significant advancement in long-distance, zero-emission transport. This new model, the Volvo FH Electric, will be … Read the full press release

Kapsch TrafficCom Advances Gothenburg’s Congestion Charging Overhaul, Achieves Key Milestones

(IN BRIEF) Kapsch TrafficCom has successfully completed the first phase of the Gothenburg Congestion Charging project, one of the largest urban congestion charging systems globally. The project involves upgrading 50 tolling stations and 91 charging points across the city, with … Read the full press release

Scania Launches Fuel-Efficient 13-Litre Marine Engine, Pushing Sustainability in Maritime Industry

(IN BRIEF) Scania has introduced its most advanced marine engine, the 13-litre DI13, at the SMM maritime trade fair. This engine offers improved fuel efficiency, reducing CO2 emissions by up to 8% compared to previous models, and is designed for … Read the full press release

Roos Groep and Leica Geosystems Unveil World’s First Electric Slipform Paver with Advanced Precision Control

(IN BRIEF) Roos Groep, in partnership with Leica Geosystems, has developed the world’s first fully electric slipform paver, enhanced with advanced 3D machine control technology. This innovation marks a significant step in sustainable construction, offering precise, fossil fuel-free paving solutions. … Read the full press release