Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Advansia to Lead Development of NRK’s Innovative Oslo Headquarters

(IN BRIEF) Advansia, part of AFRY, has secured an advisory contract with NRK, the Norwegian public broadcaster, to oversee the development of their new headquarters in Oslo. The project aims to create a world-class media house, emphasizing sustainability and fostering … Read the full press release

Ericsson Maintains Leadership Position in 5G Network Infrastructure Market for Fourth Consecutive Year

(IN BRIEF) For the fourth consecutive year, Ericsson secures the top ranking in Frost Radar™ 5G Network Infrastructure Market 2024 analysis, underscoring its commitment to innovation and technology leadership in meeting the evolving needs of communications service providers (CSPs). The … Read the full press release

EQT MMG Fund Surpasses Target, Closing at USD 1.6 Billion

(IN BRIEF) EQT celebrates the successful final close of the BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD 1.6 billion, exceeding its original target of USD 750 million. This achievement underscores the growing interest in Asia’s mid-market segment and … Read the full press release

Valokuitunen: Transforming Finland’s Fiber Landscape with CapMan Infra and Telia Company

(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release

Ericsson Report Forecasts Doubling of AR Device Adoption in Next Five Years

(IN BRIEF) A new report from Ericsson ConsumerLab reveals insights into the future of augmented reality (AR) technology, based on a survey of 10,000 early adopter consumers across ten markets. The report, titled “Augmented Tomorrow: AR Experiences Beyond Smartphones and … Read the full press release

Ericsson Unveils Innovative 5G Toolkit and Use Cases at Imagine Live Roadshow

(IN BRIEF) Ericsson has introduced a new software toolkit to enhance 5G Standalone network capabilities, enabling premium services with differentiated connectivity, showcased at the Ericsson Imagine Live Roadshow. The toolkit addresses the increasing demands on network capacity and performance by … Read the full press release

IKEA Stores Transform Car Parks into Flea Markets to Promote Sustainability

(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release

Vossloh Expands into Swedish Rail Infrastructure Market with Acquisition of Scandinavian Track Group

(IN BRIEF) Vossloh, a leading provider of rail infrastructure solutions, has signed an agreement to acquire Scandinavian Track Group (STG), a renowned provider of rail track maintenance services in Sweden. With a focus on switches, maintenance, welding services, and inspection … Read the full press release

Scania Launches Autonomous Mining Trucks, Paving the Way for Safer and Sustainable Operations

(IN BRIEF) Scania announces the commencement of sales for its autonomous mining trucks, marking a significant milestone in the realization of autonomous transport. The company’s self-driving mining solutions offer safer, more efficient, and sustainable mining operations. With the ability to … Read the full press release

Ericsson Expands USA 5G Smart Factory with $50 Million Investment

(IN BRIEF) Ericsson hosted an exclusive event at its USA 5G Smart Factory in Texas, showcasing its cutting-edge facility to key stakeholders. The company announced an additional $50 million investment in the factory, following an initial $100 million investment in … Read the full press release

Tele2 and Ericsson Elevate Fan Experience with 5G Upgrade at Friends Arena, Redefining Live Event Connectivity

(IN BRIEF) Tele2, in collaboration with Ericsson, has transformed the fan experience at the Friends Arena in Stockholm with a cutting-edge 5G upgrade, just in time for one of Sweden’s largest concerts. With the surge in demand for seamless connectivity … Read the full press release

Outokumpu Achieves Full ResponsibleSteel Certification Across European Sites, Leading Sustainable Steel Production in the Nordics

(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release

Volvo Group and Daimler Truck Forge Joint Venture for Software-Defined Commercial Vehicles

(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release

Skanska Secures Contract to Construct Virginia Tech’s State-of-the-Art College of Engineering

(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release

Atlas Copco Group Hosts Capital Markets Day to Outline Growth Strategy

(IN BRIEF) Atlas Copco Group convenes its Capital Markets Day in Belgium, offering insights into the company’s strategy, global operations, and development plans. The event, held in Mechelen and broadcast live, features presentations by the Presidents of the Compressor Technique … Read the full press release

NIB Partners with City of Stockholm to Build World’s Largest Underground Wastewater Treatment Facility

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release

ANDRITZ Completes Acquisition of NAF AB, Expanding Control Valve Portfolio

(IN BRIEF) ANDRITZ, a global technology group, has finalized the acquisition of NAF AB’s business, bolstering its product range in process control and automation systems for pulp and paper mills and other industrial plants. This acquisition strengthens ANDRITZ’s Intelligent Instruments … Read the full press release

Boliden Joins Ericsson and Telia’s NorthStar 5G Program for Advanced Mining Operations

(IN BRIEF) Boliden, a leading Swedish metals, mining, and smelting company, is partnering with Ericsson and Telia to enhance its mining operations through the NorthStar 5G innovation program. By upgrading its private 5G network in the Kankberg mine, Boliden aims … Read the full press release

Ericsson and Umniah Sign MoU to Expand 3G and 4G Network in Jordan

(IN BRIEF) Ericsson and Umniah have inked a memorandum of understanding (MoU) to extend the 3G and 4G network in major Jordanian cities. The expansion, facilitated by Ericsson Radio System products and solutions, utilizes 10 megahertz (MHz) of spectrum, enhancing … Read the full press release

STARK Group Expands Logistics with New Central Warehouse in Sweden

(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release