Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Ericsson and Singtel to deploy high-end 5G technology in Singapore

Singtel subscribers and business customers to enjoy transformative 5G experiences and opportunities (PRESS RELEASE) STOCKHOLM, 18-Dec-2020 — /EuropaWire/ — Ericsson (NASDAQ: ERIC) and leading communications service provider in Singapore, Singtel, announce the deployment of high-end 5G technology that will empower … Read the full press release

Vattenfall’s construction plans for Vesterhav Syd and Nord offshore wind farm projects gets approval from The Danish Energy Agency

(PRESS RELEASE) STOCKHOLM, 14-Dec-2020 — /EuropaWire/ — Vattendall announces that it has received permission for the construction work on the offshore wind farms Vesterhav Syd and Nord from the Danish Energy Agency. The Danish Energy Agency’s decision constitutes a stamp … Read the full press release

CapMan Real Estate sells Helsinki office building to Swedish real estate company Castellum for EUR 23 million

(PRESS RELEASE) HELSINKI, 14-Dec-2020 — /EuropaWire/ — CapMan Nordic Real Estate Fund announces an agreement to sell an office building in the Sörnäinen district of Helsinki to Castellum. Hämeentie 15 is a historic property strategically located north of Helsinki CBD. … Read the full press release

Vattenfall’s Continental Power Trading Director Marcus Bokermann appointed new Chairman of European Federation of Energy Traders

(PRESS RELEASE) STOCKHOLM, 8-Dec-2020 — /EuropaWire/ — Vattenfall announces its first representative ever to chair Europe’s main association for energy traders. In November, Marcus Bokerman, who oversees Vattenfall power trading activities in Continental Europe, has been appointed new Chairman of … Read the full press release

Skanska further invests in Greater Boston with the acquisition of a land for 145M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Skanska announces that it has acquired a 2,787 square meters of land in Boston, Massachusetts from John Hancock Life Insurance Company. The land acquisition amounts to more than 145m EUR, about SEK 1.5 … Read the full press release

Skanska assigned for the expansion and renovation of Gylle school in Borlänge, Sweden

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ —  Skanska announces that its has signed an agreement with Borlänge Municipality for the construction of 19,000 square meters of new buildings along with renovation of the existing building in Gylle primary school. The … Read the full press release

Skanska sells its infrastructure services business in the UK to M Group Services for more than 55M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a binding Business Purchase Agreement (“BPA”) with M Group Services for the sale of its infrastructure services business in the UK for … Read the full press release

Swiss start-up ClearSpace SA signs €86 million contract with ESA for the world’s first debris removal mission

(PRESS RELEASE) PARIS, 26-Nov-2020 — /EuropaWire/ — The European Space Agency (ESA), an intergovernmental organisation of 22 member states dedicated to the exploration of space, has announced it signed a €86 million contract with an industrial team led by the … Read the full press release

Electrolux partners with IBM to enable consumers make more sustainable everyday choices

(PRESS RELEASE) STOCKHOLM, 18-Nov-2020 — /EuropaWire/ — Leading global appliance company, Electrolux collaborates with IBM to provide real-time weather and environmental data to consumers in the Asia Pacific & Middle East and Africa (APAC and MEA) regions. These data will … Read the full press release

One of world’s fastest supercomputers will run on 100 percent fossil free hydro power from Vattenfall

(PRESS RELEASE) STOCKHOLM, 16-Nov-2020 — /EuropaWire/ — Vattenfall, a Swedish multinational power company owned by the Government of Sweden, has announced that LUMI, one of the fastest supercomputers in the world, will from next year run on 100 percent fossil … Read the full press release

Hydro Volt pilot recycling plant for used electric car batteries receives support from Enova

(PRESS RELEASE) OSLO, 10-Nov-2020 — /EuropaWire/ — Hydro announces that its joint venture with Northvolt for planned pilot plant for recycling used electric car batteries from the Norwegian car market will receive more than 4 million EUR (NOK 43.5 million) … Read the full press release

Alfa Laval Test & Training Centre to start testing biofuels for the marine industry

(PRESS RELEASE) LUND, 9-Nov-2020 — /EuropaWire/ — Alfa Laval announces that its 2800 m2 Test & Training Centre located in Aalborg, Denmark is ready to test biofuels. In coming years, the Alfa Laval Test & Training Centre will accumulate knowledge … Read the full press release

Hydrogen-based fuel-cell systems: Volvo Group acquires 50 percent in Daimler Truck Fuel Cell GmbH & Co. KG for approximately EUR 600 million

The new partnership will focus on hydrogen-based fuel-cell systems for use in heavy-duty trucks (PRESS RELEASE) STUTTGART/ GOTHENBURG, 2-Nov-2020 — /EuropaWire/ — The Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, and Daimler Truck AG, one of the world’s … Read the full press release

Skanska to invest in Beverly Hills office development project

(PRESS RELEASE) STOCKHOLM, 29-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska (STO: SKA-B) announces it will invest USD 65 million (~ SEK 570 million / EUR 56 million), in its first Los Angeles office development project, which will … Read the full press release

Palette Life Sciences expands availability of online education and resources for paediatric urologists across Europe

Palette Life Sciences provides valuable information regarding vesicoureteral reflux (VUR) to paediatric urologists in France, Germany, Italy and Spain (PRESS RELEASE) SANTA BARBARA, CALIF. / STOCKHOLM, 27-Oct-2020 — /EuropaWire/ — Palette Life Sciences, a fully integrated global life sciences company … Read the full press release

Volvo Group Capital Markets Day will be held virtually on November 5, 2020

(PRESS RELEASE) GOTHENBURG, 23-Oct-2020 — /EuropaWire/ — The Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company active on 190 markets worldwide, invites institutional investors and financial analysts to its virtual Capital Markets Day on November 5, 2020. Streamed live … Read the full press release

Vattenfall takes major step to end years of dispute over electricity concession in Berlin

Offers Stromnetz Berlin up for sale to the State of Berlin (PRESS RELEASE) STOCKHOLM, 23-Oct-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that it has offered all shares in Stromnetz Berlin GmbH for sale to the State of … Read the full press release

Vattenfall to leverage Aker Carbon Capture’s expertise on CO2 solutions at its waste and bio energy plants across Europe

(PRESS RELEASE) STOCKHOLM, 22-Oct-2020 — /EuropaWire/ — Vattenfall announces signing of Memorandum of Understanding with Norwegian Aker Carbon Capture to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe. Vattenfall aims to support its ambitions to … Read the full press release

Sumitomo Corporation Europe Limited and NORCE Norwegian Research Centre AS sign Memorandum of Understanding

(PRESS RELEASE) LONDON, UK / BERGEN, Norway, 21-Oct-2020 — /EuropaWire/ — Sumitomo Corporation Europe Limited (SCEU) and the Norwegian research institute, NORCE, have signed a three-year Memorandum of Understanding (MoU), which strengthens the two organisations’ commitment to ongoing collaboration in … Read the full press release

Vattenfall study shows bigger potential for co-existence between nature and wind farms

(PRESS RELEASE) STOCKHOLM, 19-Oct-2020 — /EuropaWire/ — Vattenfall announces the results of a new study of birds at Klim Wind Farm in Northern Jutland in Denmark. The study shows that birds are far better at avoiding turbine blades than previously … Read the full press release

Siemens Gamesa to supply 60 units of SG 5.8-170 turbine for the Björnberget project in Sweden: its largest ever project in the Nordics

Siemens Gamesa 5.X hits 1 GW of firm orders globally in record time of 18 months since its launch. (PRESS RELEASE) ZAMUDIO, 12-Oct-2020 — /EuropaWire/ — Siemens Gamesa announces that it has closed the largest order to date for its … Read the full press release

Gråsjø and Trollheim hydro electric power plant dams and flood gate in Norway to be modernized by Skanska

(PRESS RELEASE) STOCKHOLM, 9-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces contract with Statkraft Energi AS for the refurbishment and upgrade of four dams and one flood gate. The dams serve as reservoirs for Gråsjø and Trollheim … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) to release 3Q 2020 results on 22 October 2020

(PRESS RELEASE) STOCKHOLM, 7-Oct-2020 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it will publish its results for the third quarter 2020 on Thursday, 22 October, 2020 … Read the full press release

WinGD’s iCER technology with the Alfa Laval PureCool system to help significantly minimize methane slip

(PRESS RELEASE) LUND, 7-Oct-2020 — /EuropaWire/ — Alfa Laval (STO: ALFA), a leading heat transfer, separation and fluid handling company, has announced that the company cooperated with with WinGD, a global Swiss engine developer, over a solution aimed at helping … Read the full press release

AP fund owned Polhem Infra takes over decades old backbone fiber networks operator Telia Carrier

(PRESS RELEASE) STOCKHOLM, 6-Oct-2020 — /EuropaWire/ — Första AP-fonden (AP1), A SEK 355 billion (~ EUR 34 billion) assets under management fund, has announced its portfolio company Polhem Infra, an investor and manager of infrastructure assets jointly owned by the … Read the full press release

Volvo Group to release its 3Q2020 report on 20 October 2020

(PRESS RELEASE) GOTHENBURG, 6-Oct-2020 — /EuropaWire/ — Volvo Group (STO: VOLV-B), a Swedish multinational manufacturing company, has announced it will release the Group’s third quarter 2020 report on 20 October 2020 at 7.20 a.m. CEST while the conference call for … Read the full press release

Alfa Laval to release third-quarter earnings on 22 October 2020

Alfa Laval amends and extends maturity of EUR 400m / USD 543m Revolving Credit Facility

(PRESS RELEASE) LUND, 5-Oct-2020 — /EuropaWire/ — Alfa Laval (STO: ALFA), a leading heat transfer, separation and fluid handling company, has announced it will hold a conference call on its third-quarter earnings on 22nd October 2020 at 07:30 CET. The … Read the full press release

Wayout’s advanced water purification system to be deployed in East Africa will rely on Telenor Connexion’s IoT connectivity powered by Ericsson IoT Accelerator

Powered by Ericsson IoT Accelerator, Telenor Connexion provides global connectivity to Wayout’s sustainable micro-factories Telenor Connexion to deliver cellular IoT connectivity management services, SIM cards and agreements with local operators Ericsson IoT Accelerator enables cost-efficient IoT connectivity management and operations … Read the full press release

Vattenfall and Netterden launch the first floating solar farm in Gendringen, the Netherlands

(PRESS RELEASE) STOCKHOLM, 28-Sep-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that it has opened its first floating solar farm in Gendringen, the Netherlands. The solar farm, with a capacity of 1.2 megawatt, was built on the site … Read the full press release

Leading Wireless Edge WAN 4G and 5G Enterprise solutions company Cradlepoint acquired by Ericsson for USD 1.1 billion

Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b. Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers Transaction expected to close during Q4 2020, subject to merger … Read the full press release

Neste on Sweden leading the way in sustainable aviation

(PRESS RELEASE) ESPOO, 17-Sep-2020 — /EuropaWire/ — Neste (HEL: NESTE), Finish oil refining and marketing company and one of the most sustainable companies in the world, comments on Sweden becoming a frontrunner in sustainable aviation. Sweden has an ambitious target … Read the full press release

Carsten Franke to succeed Jan Brockmann as Electrolux Group COO effective October 1, 2020

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — Electrolux AB (STO: ELUX-B), a global leader in household appliances and appliances for professional use, has announced leadership changes to the Group Managemet. The company has appointed Carsten Franke as new Chief Operations … Read the full press release

Ericsson leverages AI and ML capabilities to help communications service providers more effectively isolate, predict and prevent network issues

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson (NASDAQ: ERIC) has announced it has strengthened its AI-powered Support Services portfolio with unique data-driven capabilities that enable communications service providers to effectively isolate, predict and … Read the full press release

Tom Erixon nominated as the new Chairman of ÅF Pöyry AB Board

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — ÅF Pöyry AB (STO: AF-B), a Swedish engineering services company, has announced that its Nomination Committee has decided to propose Tom Erixon as the new Chairman of the Board of ÅF Pöyry AB … Read the full press release

5G core security: Ericsson’s integrated Packet Core Firewall powered by A10 Networks now ready for cloud native deployments

All-in-one cloud native solution combines user plane security and advanced security functions seamlessly integrated with Ericsson Packet Core Gateway Packet Core Firewall provides proactive protection to manage internet, roaming and access threats, addressing security in mobile broadband and IoT-to-the-edge use … Read the full press release

Onshore Wind: Vattenfall, energy cooperative Almeerse Wind to increase capacity of Jaap Rodenburg wind farm in Almere-Pampus

(PRESS RELEASE) STOCKHOLM, 15-Sep-2020 — /EuropaWire/ — Vattenfall, Swedish government-owned multinational power company, has announced it will be working with energy cooperative Almeerse Wind to replace the ten existing wind turbines at the existing Jaap Rodenburg wind farm in Almere-Pampus … Read the full press release

Major orders for Alfa Laval’s Framo pumping systems in Brazil

(PRESS RELEASE) LUND, 15-Sep-2020 — /EuropaWire/ — Heat transfer, centrifugal separation and fluid handling leader Alfa Laval (STO: ALFA) has announced it will supply Framo pumping systems for two FPSO (Floating Production, Storage and Offloading) vessels to operate offshore Brazil. … Read the full press release

E-mobility: Vattenfall partners with Aral and BP over fueling/charging solutions

(PRESS RELEASE) STOCKHOLM, 15-Sep-2020 — /EuropaWire/ — Swedish government-owned multinational power company Vattenfall has announced it will partner with Aral in Germany and with BP in the Netherlands. The partnership will make it easier to get into e-mobility and mixed … Read the full press release

Vattenfall’s digitisation project in Gustavsberg relies on AI to increase district heating efficiency

(PRESS RELEASE) STOCKHOLM, 14-Sep-2020 — /EuropaWire/ — Swedish government owned multinational power company Vattenfall has announced that its digitisation project in Gustavsberg is successful. The company is making a use of smart algorithms to enable optimisation of district heating in … Read the full press release

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … Read the full press release