Tag Archives: Sweden

Procemex Secures Contract to Upgrade Billerud’s Board Mill with Advanced OnePlatform Web Inspection System

(IN BRIEF) Procemex, part of the ANDRITZ Group, has been awarded a contract by Billerud to supply an innovative OnePlatform web monitoring and inspection system for its board mill in Gävle, Sweden. This new system, scheduled for installation in Q3 … Read the full press release

Stora Enso Transforms Oulu Facility into Europe’s Most Advanced Renewable Packaging Hub

(IN BRIEF) Stora Enso has commenced the production ramp-up of its new consumer packaging board line at its Oulu facility in Finland, with initial deliveries scheduled for Q2 2025. The project, which began in 2022 by converting an idle paper … Read the full press release

Sweco Awarded Contract to Assess Environmental Risks for Ignalina’s Deep Geological Repository

(IN BRIEF) The Ignalina Nuclear Power Plant in Lithuania has contracted Sweco for €448,000 to evaluate environmental risks for a proposed deep geological repository intended for the final disposal of long-lived radioactive waste. As a vital part of Ignalina’s decommissioning … Read the full press release

AFRY Partners with Swedish Armed Forces and FMV in Major IT Consultancy Agreement to Strengthen Defense Digitalization

(IN BRIEF) AFRY has signed a new framework agreement with the Swedish Armed Forces and the Swedish Defence Materiel Administration (FMV) for IT consultancy services. This agreement, spanning three years with the potential for a four-year extension, involves providing services … Read the full press release

ABB Shareholders in Sweden Can Receive Dividend in Swedish Krona via Dividend Access Facility

(IN BRIEF) ABB shareholders who are tax-resident in Sweden and hold shares registered with Euroclear Sweden can opt to receive their dividend in Swedish kronor through the Dividend Access Facility (DAF), avoiding Swiss withholding tax. The application period for the … Read the full press release

EIF Commits SEK 225 Million to Behold Ventures to Fuel Nordic Gaming Industry Growth

(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release

Telia Sells TV & Media Business to Schibsted for SEK 6.55 Billion to Focus on Core Connectivity Operations

(IN BRIEF) Telia Company has announced the sale of its TV & Media business, which includes TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion. This decision aligns with Telia’s strategy to focus on its … Read the full press release

BGFA’s Training Programme in Uganda Advances Skills, Gender Inclusion, and Off-Grid Energy Access

(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

KfW Research: Germany Faces Challenges in Heat Pump Adoption Despite Growing Market Demand

(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release

Ticket Sales Open Across Denmark, Norway, and Sweden for Men’s EHF EURO 2026 with Enhanced Fan Experience

(IN BRIEF) Ticket sales for the Men’s EHF EURO 2026 have now opened in Denmark and Norway, following Sweden’s early release. This prestigious handball tournament, set to run from 15 January to 1 February 2026, will feature top-tier matches across … Read the full press release

AFRY Partners with Statkraft to Provide Technical Consultancy for Norway’s Renewable Energy Sector

(IN BRIEF) AFRY has entered into a framework agreement with Statkraft, Europe’s largest renewable energy producer, to provide technical consultancy in hydropower and electric power sectors in Norway. Building on their previous work in Sweden, the partnership aims to improve … Read the full press release

Fortum Launches Feasibility Study to Expand Pumped Hydro Storage in Sweden

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release

EIF Allocates €30 Million to Support Swedish SMEs in Green Transition through Impact Lending Fund

(IN BRIEF) The European Investment Fund (EIF) has committed up to 320 million Swedish kronor (about €30 million) to Swedish Impact Lending 1, a pioneering green-financing initiative targeting small and medium-sized enterprises (SMEs) in Sweden. Managed by Svenska Hållbarhetsfonden Förvaltnings … Read the full press release

Ericsson Appoints Charlotte Levert as New Chief People Officer, Succeeding MajBritt Arfert

(IN BRIEF) Ericsson has appointed Charlotte Levert as its new Chief People Officer, Senior Vice President, and Head of Group Function People, effective February 10, 2025. Levert, who currently heads People for the Business Area Cloud and Software Services, will … Read the full press release

SEB Leads Nordic Banks in Sustainable Financing, Strengthening Its Position Across the Region

(IN BRIEF) SEB has maintained its position as the leading advisor and research provider in sustainable financing across the Nordic region, according to the latest Prospera customer survey by Kantar Sifo. The bank achieved the highest score, outperforming its competitors, … Read the full press release

NIB and Hemsö Secure SEK 700 Million Loan for Sustainable Infrastructure Projects in Sweden and Finland

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 700 million loan agreement with Hemsö Fastighets AB to finance several projects in Sweden and Finland, including the refurbishment of educational buildings in Helsinki and Turku and the construction … Read the full press release

ANDRITZ Partners with Ekolution to Boost Production of Eco-Friendly Hemp Materials at New Swedish Facility

(IN BRIEF) ANDRITZ has commissioned an advanced teXline bast fiber line at Ekolution’s new facility in Malmö, Sweden, designed to boost production of environmentally friendly hemp fibers and nonwoven felts. The equipment will process industrial hemp through decortication and refining, … Read the full press release

SSAB Appoints Helena Norrman as EVP & Head of Group Communications

(IN BRIEF) SSAB has appointed Helena Norrman as its new EVP and Head of Group Communications, a role created within the Group Executive Committee. With her extensive background in communications, Norrman will play a key role in supporting SSAB’s transformation … Read the full press release

EIB Grants SEK €225 million Loan to Malmö for Sustainable Housing Project

(IN BRIEF) The European Investment Bank (EIB) has granted a SEK 2.6 billion loan to the City of Malmö to finance the construction of over 1,500 energy-efficient apartments. This loan furthers the city’s commitment to sustainability and meets EU climate … Read the full press release