(IN BRIEF) Telstra and Ericsson have successfully launched the world’s first deployment of Ericsson’s 4th generation Radio Access Network (RAN) Compute platform, marking a significant advancement in mobile connectivity. This new technology, which enhances speed, reliability, and efficiency, is a … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G technology, Australia, Emilio Romeo, Ericsson, mobile connectivity, partnership, Radio Access Network (RAN) Compute platform, Sri Amirthalingam, sustainability, Telstra
(IN BRIEF) Professor Johan Woxenius from the University of Gothenburg has been awarded the prestigious Håkan Frisinger Prize for Transportation Research by the Volvo Research and Educational Foundations (VREF). The award, which includes a guest research program at Lund University, … Read the full press release
Posted in Awards, Business, Education, Financial, Industrial, Investment, Management, News, Sweden, Transportation & Logistics
Tagged Awards, Lund University, partnership, Research Initiative, Scholar, transportation, Volvo
(IN BRIEF) IKEA has partnered with Adyen to streamline its global payment processes and improve customer experiences across both online and in-store channels. Through Adyen’s financial technology platform, IKEA will gain deeper insights into customer behaviors, enhancing its cross-channel loyalty … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Sweden, Technology
Tagged Adyen, Global Payment, IKEA, Loyalty Systems, Netherland, partnership, sustainability, Tobias Lindh
(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release
(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged and Vattenfall, Andreas Regnell, fossil-free, HYBRIT, industrialization, Klara Helstad, LKAB, partnership, SSAB, steel production, sustainability, Ulf Spolander
(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release
(IN BRIEF) Scania has introduced its latest gearbox, the G38, specifically designed to complement its powerful 770 horsepower V8 engine. The G38 gearbox can handle up to 3,800 Nm of torque while maintaining the same weight and dimensions as its … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology, Transportation & Logistics
Tagged 770 V8 Engine, G38 Gearbox, Scania
(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Designer Lamps, Enkei, INNOVATION, Julia Broszat, Lovisa Sunnerholm, packaging solution, Papira®, partnership, Paula Martirez, Stora Enso, sustainability, Sweden
(IN BRIEF) EQT, a global investment firm, has announced a strategic partnership with Compass, a leading K-12 education software company. The partnership aims to accelerate Compass’s growth, enhance its platform, and support its international expansion. With over 3,000 schools already … Read the full press release
Posted in Education, Financial, Investment, Sweden, Technology
Tagged Advent Partners, analytics, assessment tools, Australia, BPEA EQT Mid-Market Growth Partnership, cloud-based management platform, Compass, EQT, GROWTH, INNOVATION, investment, Ireland, John de la Motte, K-12 education software, learning, Nicholas Macksey, SaaS, SCHOOLS, Student Information System, technology sector, UK
(IN BRIEF) EQT AB has continued its share buyback program, repurchasing 371,231 of its own ordinary shares between August 12 and August 16, 2024, as part of a larger initiative to enhance shareholder value. The repurchases are part of a … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT AB, Financial, investment, share buyback
(IN BRIEF) The “World of Volvo,” Scandinavia’s largest wooden building, has been completed in Gothenburg, showcasing Lindner Scandinavia’s expertise in sustainable construction. The project, which features innovative wooden facades and interiors, is a new architectural landmark designed to embody the … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged 'World of Volvo, Lindner, partnership, Scandinavia, sustainability, Sweden, Wooden Structure
(IN BRIEF) The Swedish Financial Supervisory Authority (FI) has appointed Emilia Högquist as the new Head of Sustainable Finance. With extensive experience in sustainable development, she will focus on promoting the financial sector’s role in sustainability and leading FI’s efforts … Read the full press release
(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release
Posted in Business, Denmark, Environment, Financial, Finland, Government, Iceland, Industrial, Investment, Latvia, Management, News, Norway, Sweden, Technology
Tagged Denmark, ELKO, Finland, Gandalf Distribution AB, Iceland, Jeremie Francois, Marcus Tillberg, Norway, partnership, sustainability, Sweden, Synology, Taiwan
(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release
(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Real Estate, Sweden, Technology
Tagged acquisition, EQT, EQT Private Capital Asia, partnership, PropertyGuru, PropTech Firm, real estate, Southeast Asian, sustainability
(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged acquisition, EQT, KJ Environment, partnership, Sang Jun Suh, South Korea, sustainability, waste management
(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged IKEA, Ingka Holding, Pyjama Gathering, Sleep Improvement Campaign, Sweden
(IN BRIEF) Skanska has secured a supplemental contract worth USD 203 million to expand a data center in Georgia, USA. The project includes constructing a 244,090 square-foot facility with additional site work, underground utilities, and the fitout of administrative spaces … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged data center, GEORGIA, partnership, Skanska, sustainability, USA
(IN BRIEF) EQT’s EQT X fund will acquire a majority stake in Acronis, a global cyber protection company. Existing investors, including CVC, Springcoast, and BlackRock Private Equity Partners, will retain minority stakes. This partnership aims to support Acronis’ growth and … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Switzerland, Technology
Tagged acquisition, Acronis, Cybersecurity, EQT, EQT X fund, Ezequiel Steiner, Johannes Reichel, partnership, Phil Goodwin, Switzerland
(IN BRIEF) Atlas Copco has announced that Geert Follens, Senior Executive Vice President and Business Area President for Vacuum Technique, will retire at the end of 2024. Follens has been with Atlas Copco since 1995 and a key member of … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Management, News, Sweden, Technology
Tagged appointment, Atlas Copco, Geert Follens, leadership, retirement, Vagner Rego
(IN BRIEF) Skanska has signed a PLN 272 million (approximately SEK 720 million) contract with PKP Polish Railway Lines S.A. to modernize the Limanowa train station in southern Poland. The project includes upgrading a 3.5-kilometer railroad stretch, rebuilding the station, … Read the full press release
(IN BRIEF) Saab has secured a SEK 6.6 billion order from a Western government for advanced defense systems and equipment, with deliveries planned between 2027 and 2028. The order includes technologies from Saab’s Dynamics and Surveillance business areas, although further … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Defense Systems, partnership, Saab, Western Government
(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
(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
Posted in Energy, Gas & Oil, Environment, Industrial, Portugal, Retail, Sweden, Transportation & Logistics
Tagged APDL, battery-electric vehicles, Carbon-Neutral Future, charging solutions, Cross-Industry Collaboration, Dariusz Mroczek, decarbonisation, Egídio Lopes, electric vehicles, Electrified Transports, Evalena Falck, Heavy-Duty Electric Vehicles, IKEA, IKEA Industry, Infrastructure Development, João Neves, KLOG, logistics, Pick-and-Drop Solution, Portuguese Port Authority of Leixões, route planning, Scania, sustainable transport, Transport Decarbonisation
(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
Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged André Küüsvek, Ericsson, NIB, partnership, sustainability, Sweden, wireless technology
(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
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Malta, Management, Media, News, Sweden, Technology
Tagged AFRY, Anssi Karppinen, climate resilience, EIB, Gelsomina Vigliotti, Gilberto Pichetto Fratin, Giovanni Legnini, Ischia, Italy, partnership, Philipp Stanzel, sustainability
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Karlskrona, NKT Cable Factory, partnership, Skanska, sustainability
(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
(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
Posted in Banks, Financial, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged André Küüsvek, Areim, artificial intelligence (AI), CHP, data infrastructure, digitalisation, EcoDataCenter, EcoDC AB, Falun data centre, NIB, Nordic Investment Bank, Peter Michelson, renewable energy, sustainable data centre solutions, Sweden
(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
(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
(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
(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
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged CapMan Real Estate, Nobis, partnership, Solna Kasernen 1, Stockholm, sustainability
(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
(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
Posted in Apparel, Fashion & Beauty, Business, Financial, France, Government, Industrial, Investment, Management, Media, News, Sweden
Tagged Basquiat Collection, Ev Bravado, H&M, Jean-Michel Basquiat, Parisian Showcase, partnership, Téla D’Amore
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Retail, Sweden, Transportation & Logistics
Tagged Dariusz Mroczek, Egídio Lopes, Evalena Falck, IKEA, KLOG, partnership, PORTUGAL, Scania Group, sustainability, sustainable transport
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden, Technology, Transportation & Logistics, United Kingdom
Tagged Christoffer Walljaeger, Gothenburg, Logicor, Logistics Facility, Mattias Tykesson, partnership, sustainability, Sweden
(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
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom
Tagged Caller ID Spoofing, Enea, John Hughes, Mohamed Al Fowey, partnership, SECURITY, sustainability, Telecom Egypt, Voice Firewall
(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
Posted in Awards, Business, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged 5G technology, Awards, Ericsson, Johan Hultell, leadership, Radio 4471, Red Dot Awards, Streetmacro 6705
(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
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G connectivity, Drone-Powered, Ericsson, Forestry Machines, forests, Magnus Leonhardt, partnership, Petrus Jönsson, Remote Control, sustainability, Sweden, Telia, VINNOVA, Volvo CE
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