Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Skanska Secures CZK 1.3 Billion Contract to Upgrade Jihlava-City Railway Station in Czech Republic

(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release

Portugal Pioneers Electric Transport for IKEA with New Cross-Industry Partnership

(IN BRIEF) Portugal is taking significant steps towards sustainable transport with the launch of heavy-duty electric vehicles for IKEA product transportation. Starting in late June, KLOG will deploy battery-electric vehicles from Scania to transport goods from the IKEA Industry factory … Read the full press release

Ericsson Secures EUR 100 Million Loan from NIB to Advance Wireless Technology Efficiency

(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release

Skanska Secures SEK 700M Contract for NKT Cable Factory Expansion in Karlskrona

(IN BRIEF) Skanska has signed a SEK 700 million agreement with NKT HV Cables AB to construct towers and side buildings for the expansion of NKT’s cable factory in Karlskrona, Sweden. This contract, part of Skanska’s Q3 2024 order bookings, … Read the full press release

Skanska Joint Venture Secures Additional GBP 50M for UK High-Speed Rail Project

(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release

Nordic Investment Bank Supports EcoDataCenter’s Expansion with SEK 280 Million Loan

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a SEK 280 million (approx. EUR 24 million) five-year loan agreement with EcoDC AB (EcoDataCenter) to support the expansion of its Falun data centre in Sweden. This funding will enable EcoDataCenter … Read the full press release

Saab Secures SEK 2.6 Billion Contract for Third GlobalEye Aircraft with Swedish Defence

(IN BRIEF) Saab has finalized a contract with the Swedish Defence Materiel Administration (FMV) for the delivery of a third GlobalEye airborne early warning and control aircraft, valued at approximately SEK 2.6 billion. This agreement, extending from 2024 to 2029, … Read the full press release

Stockholm Exergi’s NIB-Backed BECCS Project Advances Sustainability Goals

(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release

CapMan Residential Fund Expands Nordic Footprint with Ursvik Investment

(IN BRIEF) CapMan Residential Fund has expanded its portfolio with a new investment in Ursvik, Sundbyberg, acquiring a forward funding project comprising 289 rental apartments and amenities like an underground parking garage with EV chargers. This strategic move, managed by … Read the full press release

CapMan Real Estate Partners with Nobis to Transform Solna Kasernen 1 into Premier Stockholm Destination

(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site … Read the full press release

Vattenfall Champions Gender Equality at French Ministry’s Energy and Ecology Event

(IN BRIEF) Vattenfall recently participated in a Paris event hosted by French Minister Christophe Béchu, focusing on improving women’s access to careers in energy and ecology transition. Through their partnership with Marie Claire’s “Act for Equality,” Vattenfall highlighted their commitment … Read the full press release

H&M and Partners Celebrate Basquiat Collection in Parisian Showcase

(IN BRIEF) H&M, alongside Ev Bravado and Téla D’Amore, celebrated their collaborative collection inspired by Jean-Michel Basquiat in Paris. The event gathered celebrities, artists, and industry insiders to showcase the fusion of Basquiat’s art with modern fashion. Guests participated in … Read the full press release

Pioneering Collaboration Transforms Sustainable Transport for IKEA in Portugal

(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release

Logicor Breaks Ground on Cutting-Edge Logistics Facility in Gothenburg, Sweden

(IN BRIEF) Logicor, a key player in European logistics real estate, has commenced construction on a state-of-the-art logistics facility in Backa, Gothenburg, Sweden. This project marks Logicor’s strategic expansion in Sweden, aiming to meet the high demand for modern, sustainable … Read the full press release

Telecom Egypt Reduces Caller ID Spoofing by 90% with Enea’s Voice Firewall

(IN BRIEF) Telecom Egypt has achieved a 90% reduction in caller ID spoofing fraud since deploying Enea’s voice firewall solution. Initially, over 8% of incoming calls were identified and blocked as fraudulent, deterring scammers from targeting the network further. This … Read the full press release

Ericsson Secures Two Red Dot Awards for Cutting-Edge Design in 5G Technology

(IN BRIEF) Ericsson has been awarded two Red Dot Awards 2024 for the innovative design and user experience of its Radio 4471 and Streetmacro 6705. The Radio 4471, notable for its ultra-lightweight design, reduces weight by 40%, enhancing deployment efficiency … Read the full press release

Drone-Powered 5G Connectivity Enables Remote Control of Forestry Machines in Sweden’s Forests

(IN BRIEF) In a pioneering collaboration involving several organizations including Telia, Ericsson, and Volvo CE, supported by Vinnova, a successful test was conducted using a drone equipped with a portable mobile base station to provide 5G connectivity in remote forest … Read the full press release

Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired Voyansi, a provider specializing in BIM and VDC solutions for the AECO industry. This acquisition aims to enhance Hexagon’s offerings in reality capture and construction digitization, enabling advanced … Read the full press release

Sweden’s Forsmark and Ringhals Nuclear Plants Extend Reactor Lifespan to Boost Fossil-Free Electricity Supply

(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release