(IN BRIEF) Nordic Investment Bank (NIB) and Aktia Bank Plc have joined forces in a seven-year EUR 75 million loan agreement aimed at supporting small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Finland. With a commitment … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Aktia Bank, André Küüsvek, environmental projects, Finland, Juha Hammarén, NIB, partnership, SMEs, sustainability, Sweden
(IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Electric Equipment R&D, Husqvarna, NIB, Nicolas Audibert, partnership, sustainability, Sweden
(IN BRIEF) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged biofuel, Boliden, carbon neutrality, hydrogen, Joachim Nordin, Mats Gustavsson, Nevel, partnership, Per Callenberg, Skellefteå Kraft, Stefan Johnsson, sustainability, Sveaskog, Sweco
(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, financial innovation, Foundation for Innovation & Research in Science & Technology (F.I.R.S.T), IIT Kanpur, INDIA, Michael Wallis-Brown, Nitin Bansal, partnership, Prof. Ankush Sharma, sustainability
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Sara Forsberg, currently serving as the acting manager for Vehicle Development at Scania R&D, has been promoted to Executive Vice President, Chief Technical Officer, and Head of Brand Identity Development, effective May 1, 2024. With a career spanning … Read the full press release
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
(IN BRIEF) GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to conduct conceptual studies for advanced power and propulsion systems in support of future fighter systems. The agreement, spanning two years with the possibility … Read the full press release
(IN BRIEF) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, INNOVATION, Mr. Bill Chang, Network APIs, Niklas Heuveldop, partnership, Singapore, Singtel, sustainability, Vonage
(IN BRIEF) Sweco AB (publ) concluded its Annual General Meeting, ratifying proposals from the Board of Directors and the Nomination Committee. The meeting re-elected seven Directors and granted discharge of liability for the financial year 2023. Ernst & Young AB … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged AGM 2024, Alf Göransson, appointment, Åsa Bergman, Christine Wolff, Financial, investment, Johan Hjertonsson, Johan Nordström, Johan Wall, leadership, Susanne Pahlén Åklundh, Sweco
(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release
(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release
(IN BRIEF) Eviden, an Atos business specializing in advanced computing, and CEA have jointly announced the delivery of the EXA1 HE (High Efficiency) supercomputer, marking a significant milestone in the EXA1 program. The system, based on Eviden’s BullSequana XH3000 technology, … Read the full press release
(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Telecom
Tagged Digital Future, Ericsson, Europe Union, IBM, Intel, Nokia, partnership, Robert Condon, vodafone
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) AFRY played a pivotal role as the technical advisor to EnfraGen in its acquisition of a 188 MW renewable energy portfolio in Panama and Costa Rica, earning the esteemed “Acquisition Deal of the Year” award. EnfraGen, a key … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, AFRY, Angel Arancibia, Costa Rica, EnfraGen, Latin America, Panama, partnership, sustainability
(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024 Interim Report, Saab
(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged appointment, Chief Digital Officer, digitalization, leadership, Micael Johansson, Mikael Adelsberg, Saab
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