(IN BRIEF) Investor AB, in its recently published 2023 Annual Report, highlights its robust performance and commitment to sustainability amidst a challenging macro environment. Despite this, Investor delivered on its strategic priorities, including achieving a total shareholder return of 26 … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, Investor AB, Jacob Wallenberg, Johan Forssell, sustainability
(IN BRIEF) Hexagon, a leading technology company, announces the availability of its Annual Report and Sustainability Report for 2023 on its website, hexagon.com. Striving for sustainability, the company opts for digital distribution but offers printed copies upon request. Additionally, the … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Digital Distribution, Financial, Hexagon, investment, sustainability
(IN BRIEF) Skanska announces a contract amendment worth USD 211 million with Beaverton School District for the Beaverton High School Rebuild Project in Oregon, USA. The project involves constructing a new three-story high school building spanning approximately 28,000 square meters … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Beaverton High School, partnership, Rebuild Project, Skanska, sustainability, USA
(IN BRIEF) Husqvarna Group, a leader in robotic lawn care, unveils two new models of Husqvarna Automower® designed specifically for medium-sized gardens. The Automower 310E NERA and 410XE NERA integrate seamlessly with Husqvarna’s EPOS satellite navigation system and introduce the … Read the full press release
(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release
Posted in Artificial Intelligence (AI), Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Air Force, Airbus, Arexis Electronic Warfare (EW), Eurofighter EK, Eurofighter EW, France, Germany, Helsing, Micael Johansson, partnership, Saab, Sensor Suite
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Fasikan Wind Farm, Kim Krokfors, NIB, Northern Sweden, partnership, sustainability, Svenska Cellulosa Aktiebolaget SCA
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release
(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged electric vehicles, Flexis SAS, France, partnership, Renault Group, sustainability, Volvo Group
(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release
(IN BRIEF) Infineon Technologies AG and Ekkono Solutions have joined forces to address the unique challenges faced by automotive component suppliers and OEMs in ensuring optimal vehicle performance and safety. Leveraging Infineon’s AURIX™ microcontroller family, Ekkono offers a sophisticated software … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged AI Development, AURIX™ microcontrollers, automotive, Ekkono, Infineon, partnership, Rikard König, sustainability, Sweden, Thomas Boehm
(IN BRIEF) Eurojust has facilitated the collaborative efforts of Swedish and Spanish authorities leading to the arrest of four individuals implicated in the wholesale and transportation of cannabis and other illegal substances. The operation, centered around a main suspect allegedly … Read the full press release
Posted in Business, Government, Industrial, Law, Management, Netherlands, News, Security & Safety, Spain, Sweden
Tagged Cannabis Trafficking Case, Cross-Border Arrests, Eurojust, partnership, Spain, Sweden
(IN BRIEF) Ericsson, in collaboration with Juniper Research, presents the report “What Will Drive Mobile Financial Services’ Growth?”, offering comprehensive insights into the trajectory of Mobile Financial Services (MFS) and its transformative potential for Mobile Network Operators (MNOs) worldwide. The … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is backing Skellefteå Kommun in Sweden with a SEK 800 million loan (€70 million) to facilitate the construction of 743 new, energy-efficient social housing units. These homes, vital amidst the green industrialization, especially … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden
Tagged EIB, Green Industrialization, Lorents Burman, partnership, Skellefteå, social housing, sustainability, Sweden, Thomas Östros
(IN BRIEF) Hydro Extrusions has announced an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, with approximately 170 employees, serves as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Bruno D’hondt, Denmark, Hydro Extrusions, Kaunas Plant, Lithuania, partnership, Paulius Velicka, sustainability, Sweden
(IN BRIEF) EQT, a leading investment firm, reviews its accomplishments in the past year, highlighting the successful integration of BPEA into EQT Private Capital Asia, the establishment of new strategies for individual investors, and increased investment activity despite market uncertainties. … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Christian Sinding, Conni Jonsson, EQT, Financial, investment, sustainability
(IN BRIEF) Ericsson, in collaboration with Umniah, is set to transform network performance in Jordan by deploying its cutting-edge Cognitive Software portfolio. This partnership aims to optimize Umniah’s network, particularly in key areas like Amman, utilizing Artificial Intelligence (AI) and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Alaa Ibrahim, artificial intelligence (AI), Ericsson, JORDAN, Kevin Murphy, Machine Learning (ML), partnership, sustainability, Umniah
(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisitions, Nefab Group, NIB, partnership, Patrick Nylund, sustainability, Sweden, Swiss Cargopack group AG, US PolyFlex Products Inc.
(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Sweden
Tagged investment, Park Scandinavia Estate, partnership, Poland, Skanska, sustainability, Warsaw
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