Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Vattenfall Unveils Tiny House Made from Recycled Wind Turbine at Dutch Design Week

(IN BRIEF) Vattenfall and design studio Superuse have converted the nacelle of a decommissioned wind turbine into a compact, sustainable tiny house, which is being showcased at Dutch Design Week. The project demonstrates innovative reuse of turbine materials, featuring modern … Read the full press release

Altor Sells Carnegie Investment Bank to DNB, Marking a New Chapter for the Leading Nordic Firm

(IN BRIEF) Altor Fund III has announced the sale of Carnegie Investment Bank, a top Nordic investment bank and asset manager, to DNB Bank ASA. Altor acquired Carnegie in 2009 and has since helped the firm grow into a market … Read the full press release

Neuberger Berman, EQT, and CPP Investments Lead USD 14.5 Billion Acquisition of Nord Anglia Education

(IN BRIEF) Neuberger Berman, EQT, and CPP Investments, along with a consortium of global investors, have signed agreements to acquire Nord Anglia Education for USD 14.5 billion. Nord Anglia, a leading international schools organization with over 80 schools in 33 … Read the full press release

SSAB and Parmaco to Construct World’s First Building Using Fossil-Free Steel by 2025

(IN BRIEF) SSAB and Parmaco have partnered to build the world’s first concept building made entirely from fossil-free steel, using SSAB’s HYBRIT® technology. This innovative process replaces coal with hydrogen and fossil-free electricity in steel production, reducing CO2 emissions. Construction … Read the full press release

Sandvik’s Impossible Statue Campaign Wins Multiple Golds at Swedish Content Awards and International Accolades

(IN BRIEF) The Impossible Statue campaign, a collaboration between Sandvik Manufacturing and Machining Solutions and the Sandvik Group, continues to win accolades, receiving two golds at the Swedish Content Awards in the categories of Employer Branding and Industry & Energy. … Read the full press release

ASSA ABLOY to Sell Citizen ID Division to TOPPAN in Strategic Move

(IN BRIEF) ASSA ABLOY has agreed to sell its Citizen ID business, part of HID, to TOPPAN. Citizen ID specializes in providing physical and mobile identity solutions for government programs, employing around 450 people across facilities in Ireland, Malta, and … Read the full press release

Husqvarna Expands Professional Robotic Mower Line with Four New Boundary Wire-Free Models

(IN BRIEF) Husqvarna Group has unveiled four new robotic lawn mowers designed for professional use, including the 580L EPOS, 580 EPOS, 560 EPOS, and an updated 535 AWD EPOS. These boundary wire-free models feature GPS navigation and selectable cutting patterns, … Read the full press release

Husqvarna Group Names Maha Elkharbotly as New President of Gardena Division to Drive Innovation and Expansion

(IN BRIEF) Husqvarna Group has appointed Maha Elkharbotly as the new President of its Gardena Division and added her to the executive management team. Elkharbotly, who has held leadership roles at DSM Firmenich, LIXIL, Grohe, and Whirlpool, brings extensive experience … Read the full press release

EIF Commits €100 Million to Boost Green Energy Projects in Scandinavia through Prime Capital Fund

(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release

Hydro Secures 8-Year Renewable Energy Deal to Power Low-Carbon Aluminium Production

(IN BRIEF) Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro’s Norwegian aluminium plants from 2025 to 2032. This agreement supports Hydro’s efforts to produce … Read the full press release

Ericsson Wins 5G Contract with Chunghwa Telecom to Modernize Network and Boost Energy Efficiency

(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release

Ericsson Expands R&D Focus in India to Boost 5G Innovation with Network APIs and AI

(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release

ANDRITZ and Cell Impact Join Forces to Supercharge High-Speed Bipolar Flow Plate Production

(IN BRIEF) Cell Impact has partnered with international technology group ANDRITZ to enhance large-scale production of bipolar flow plates for fuel cells and electrolyzers. The collaboration focuses on integrating ANDRITZ’s new Soucell welding system, capable of welding one bipolar plate … Read the full press release

Team Europe Unites to Bolster Economic Development in ACP Nations with New €74 Million Funding Initiative

(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release

AFRY Recognized Among Sustainability Leaders with EcoVadis Gold Rating

(IN BRIEF) AFRY has earned a prestigious Gold rating from EcoVadis, positioning the company among the top 5% of organizations assessed for sustainability performance. With a score of 79 out of 100, this recognition reflects AFRY’s commitment to addressing environmental … Read the full press release

Lenzing Partners with TreeToTextile to Advance Sustainable Fiber Production in the Textile Industry

(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release

Ericsson and SoftBank Partner to Drive AI Integration in RAN for Next-Gen Network Efficiency

(IN BRIEF) Ericsson and SoftBank Corp. have partnered to explore the integration of Artificial Intelligence (AI) into Radio Access Network (RAN) infrastructure, aiming to enhance network efficiency and unlock new use cases for communication service providers. The collaboration will focus … Read the full press release

Epiroc Secures $150 Million Sustainability-Linked Loan to Drive Decarbonization in the Mining Industry

(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release

Sweco to Design Major Energy Storage Hub in Belgium, Boosting Renewable Energy Resilience

(IN BRIEF) Sweco has been tasked with designing the Green Turtle battery energy storage system for GIGA Storage Belgium, one of the largest in continental Europe. With a capacity of 2,800 MWh, this facility will store surplus renewable energy, such … Read the full press release

Vattenfall Sets the Standard for Sustainability in Renewable Energy with New Leadership Recognition

(IN BRIEF) Vattenfall has been recognized as a leader in sustainability within the renewable energy sector following an independent assessment under the International Responsible Business Conduct (IRBC) Agreement. This agreement unites various stakeholders, including businesses, trade unions, and civil society … Read the full press release