Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

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

Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System

(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release

DNB and Ericsson Spearhead 5G-Driven Digitalization for Malaysian Enterprises

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release

AFRY Partners with Assocarta to Forge a Sustainable Future for Italy’s Pulp and Paper Industry

(IN BRIEF) AFRY has joined forces with Assocarta, the Italian paper association, to devise a net-zero roadmap aimed at decarbonizing Italy’s pulp and paper sector. Tasked with aligning strategies with EU directives and local conditions, AFRY will evaluate technological advancements, … Read the full press release

Aura Minerals Partners with AFRY for Borborema Gold Processing Plant Project

(IN BRIEF) Aura Minerals has enlisted AFRY to provide comprehensive engineering, procurement, construction management (EPCM), and commissioning services for the Borborema Project’s gold processing plant. The project, located in Currais Novos, Brazil, will operate within Aura’s open-pit mine and is … Read the full press release

Husqvarna Group Maintains ‘Climate Leader’ Status for Third Consecutive Year

(IN BRIEF) Husqvarna Group has once again been honored as a “Climate Leader” by Financial Times for its ongoing commitment to reducing carbon emissions, ranking 74th among thousands of European companies scrutinized. The recognition underscores the company’s dedication to sustainability … Read the full press release

State of Berlin Acquires Vattenfall’s Heating Business in Billion-Euro Deal

(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release

Boliden Pioneers Linking Climate Goals to Financial Agreements in Mining Sector

(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release

Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024

(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release

ANDRITZ Enhances Sustainability and Efficiency at Essity’s Paper Mill in Prudhoe

(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release

Stora Enso’s Skutskär Site Initiates Pilot Project for Biogenic CO2 Capture, Pioneering Climate-Positive Operations

(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release

Husqvarna Group Achieves 51% Reduction in CO2 Emissions, Exceeding Targets Amid Sales Surge

(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release

SSAB and Nordec Forge Partnership for Fossil-Free Steel Supply Chain Efficiency

(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release

DeLaval Chooses SAP S/4HANA Cloud for Global ERP Transformation

(IN BRIEF) DeLaval, a Swedish-based dairy and farming machinery producer under the Tetra Laval Group, has opted for SAP S/4HANA Cloud to revolutionize its ERP system as part of a comprehensive company-wide overhaul. By embracing cloud technology, DeLaval aims to … Read the full press release

Alstom’s Innovation Station in Stockholm Embarks on Groundbreaking Partnership with TiB

(IN BRIEF) Alstom’s Innovation Station in Stockholm has initiated a pioneering two-year collaboration with Tåg i Bergslagen (TiB), a train operator in Sweden’s Bergslagen area, focusing on advancing railway technology. This unique partnership aims to develop innovative solutions to enhance … Read the full press release

Saab Reports Strong Q1 2024 Performance and Upgrades Sales Outlook

(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release

Hexagon AB Reports Steady Growth in First Quarter 2024

(IN BRIEF) Hexagon AB announces its first-quarter 2024 financial results, demonstrating a 3% organic revenue growth and a 1% increase in net sales compared to the previous year. The company achieved an adjusted gross margin of 66.5% and a 1% … Read the full press release

Skanska Secures $612M Contract for South Brooklyn Marine Terminal Upgrade

(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release

Saab Delivers Fourth GlobalEye AEW&C Aircraft to UAE in Four Years

(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release