(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
Posted in Business, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Sweden, Technology
Tagged Adyen, Global Payment, IKEA, Loyalty Systems, Netherland, partnership, sustainability, Tobias Lindh
(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
(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged and Vattenfall, Andreas Regnell, fossil-free, HYBRIT, industrialization, Klara Helstad, LKAB, partnership, SSAB, steel production, sustainability, Ulf Spolander
(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release
(IN BRIEF) Scania has introduced its latest gearbox, the G38, specifically designed to complement its powerful 770 horsepower V8 engine. The G38 gearbox can handle up to 3,800 Nm of torque while maintaining the same weight and dimensions as its … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology, Transportation & Logistics
Tagged 770 V8 Engine, G38 Gearbox, Scania
(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Designer Lamps, Enkei, INNOVATION, Julia Broszat, Lovisa Sunnerholm, packaging solution, Papira®, partnership, Paula Martirez, Stora Enso, sustainability, Sweden
(IN BRIEF) EQT, a global investment firm, has announced a strategic partnership with Compass, a leading K-12 education software company. The partnership aims to accelerate Compass’s growth, enhance its platform, and support its international expansion. With over 3,000 schools already … Read the full press release
Posted in Education, Financial, Investment, Sweden, Technology
Tagged Advent Partners, analytics, assessment tools, Australia, BPEA EQT Mid-Market Growth Partnership, cloud-based management platform, Compass, EQT, GROWTH, INNOVATION, investment, Ireland, John de la Motte, K-12 education software, learning, Nicholas Macksey, SaaS, SCHOOLS, Student Information System, technology sector, UK
(IN BRIEF) EQT AB has continued its share buyback program, repurchasing 371,231 of its own ordinary shares between August 12 and August 16, 2024, as part of a larger initiative to enhance shareholder value. The repurchases are part of a … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT AB, Financial, investment, share buyback
(IN BRIEF) The “World of Volvo,” Scandinavia’s largest wooden building, has been completed in Gothenburg, showcasing Lindner Scandinavia’s expertise in sustainable construction. The project, which features innovative wooden facades and interiors, is a new architectural landmark designed to embody the … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged 'World of Volvo, Lindner, partnership, Scandinavia, sustainability, Sweden, Wooden Structure
(IN BRIEF) The Swedish Financial Supervisory Authority (FI) has appointed Emilia Högquist as the new Head of Sustainable Finance. With extensive experience in sustainable development, she will focus on promoting the financial sector’s role in sustainability and leading FI’s efforts … Read the full press release
(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release
Posted in Business, Denmark, Environment, Financial, Finland, Government, Iceland, Industrial, Investment, Latvia, Management, News, Norway, Sweden, Technology
Tagged Denmark, ELKO, Finland, Gandalf Distribution AB, Iceland, Jeremie Francois, Marcus Tillberg, Norway, partnership, sustainability, Sweden, Synology, Taiwan
(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release
(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Real Estate, Sweden, Technology
Tagged acquisition, EQT, EQT Private Capital Asia, partnership, PropertyGuru, PropTech Firm, real estate, Southeast Asian, sustainability
(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged acquisition, EQT, KJ Environment, partnership, Sang Jun Suh, South Korea, sustainability, waste management
(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged IKEA, Ingka Holding, Pyjama Gathering, Sleep Improvement Campaign, Sweden
(IN BRIEF) Skanska has secured a supplemental contract worth USD 203 million to expand a data center in Georgia, USA. The project includes constructing a 244,090 square-foot facility with additional site work, underground utilities, and the fitout of administrative spaces … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged data center, GEORGIA, partnership, Skanska, sustainability, USA
(IN BRIEF) EQT’s EQT X fund will acquire a majority stake in Acronis, a global cyber protection company. Existing investors, including CVC, Springcoast, and BlackRock Private Equity Partners, will retain minority stakes. This partnership aims to support Acronis’ growth and … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Switzerland, Technology
Tagged acquisition, Acronis, Cybersecurity, EQT, EQT X fund, Ezequiel Steiner, Johannes Reichel, partnership, Phil Goodwin, Switzerland
(IN BRIEF) Atlas Copco has announced that Geert Follens, Senior Executive Vice President and Business Area President for Vacuum Technique, will retire at the end of 2024. Follens has been with Atlas Copco since 1995 and a key member of … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Management, News, Sweden, Technology
Tagged appointment, Atlas Copco, Geert Follens, leadership, retirement, Vagner Rego
(IN BRIEF) Skanska has signed a PLN 272 million (approximately SEK 720 million) contract with PKP Polish Railway Lines S.A. to modernize the Limanowa train station in southern Poland. The project includes upgrading a 3.5-kilometer railroad stretch, rebuilding the station, … Read the full press release
(IN BRIEF) Saab has secured a SEK 6.6 billion order from a Western government for advanced defense systems and equipment, with deliveries planned between 2027 and 2028. The order includes technologies from Saab’s Dynamics and Surveillance business areas, although further … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Defense Systems, partnership, Saab, Western Government
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