Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

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

Telstra and Ericsson Unveil Groundbreaking 5G Technology to Revolutionize Mobile Connectivity

(IN BRIEF) Telstra and Ericsson have successfully launched the world’s first deployment of Ericsson’s 4th generation Radio Access Network (RAN) Compute platform, marking a significant advancement in mobile connectivity. This new technology, which enhances speed, reliability, and efficiency, is a … Read the full press release

Lund University Welcomes Acclaimed Transport Scholar for Collaborative Research Initiative

(IN BRIEF) Professor Johan Woxenius from the University of Gothenburg has been awarded the prestigious Håkan Frisinger Prize for Transportation Research by the Volvo Research and Educational Foundations (VREF). The award, which includes a guest research program at Lund University, … Read the full press release

IKEA Partners with Adyen to Enhance Global Payment and Loyalty Systems

(IN BRIEF) IKEA has partnered with Adyen to streamline its global payment processes and improve customer experiences across both online and in-store channels. Through Adyen’s financial technology platform, IKEA will gain deeper insights into customer behaviors, enhancing its cross-channel loyalty … Read the full press release

DWS Strengthens Renewable Energy Portfolio with Swedish Onshore Wind Farm Acquisition

(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release