Tag Archives: Sweden

Neste Expands Its Nordic Logistics Footprint with New Lubricants Warehouse in Jönköping Sweden

(IN BRIEF) Neste has opened its own lubricants warehouse in Jönköping, Sweden, to improve delivery speed and service for its industrial, agricultural, and consumer customers, strengthening its presence in the Nordic market while supporting its high-performance, OEM-approved lubricant portfolio and … Read the full press release

Indra Leads Multinational REACT II Programme to Advance Europe’s Airborne Electronic Attack Capabilities

(IN BRIEF) Indra is coordinating the European REACT II programme, a major multinational R&D initiative focused on developing future Airborne Electronic Attack capabilities, following the signing of a co-funding and management agreement by OCCAR on behalf of seven participating nations. … Read the full press release

EIB and Hemsö deepen cooperation to modernise climate-friendly schools, healthcare and public-service infrastructure

(IN BRIEF) The European Investment Bank has granted a €200 million loan to Hemsö Fastigheter to finance nine projects involving new and renovated energy-efficient public buildings across Sweden, Finland, and Germany, including schools, a health centre, an ice rink, and … Read the full press release

New Swedish funding strengthens Nefco’s role in rebuilding Ukraine with focus on decentralisation and environmental resilience

(IN BRIEF) Sweden has pledged an additional SEK 700 million (approximately EUR 65 million) to Nefco to support Ukraine’s green recovery, bringing total Swedish funding for Nefco’s programme to EUR 82.3 million, with a focus on sustainable waste management, decentralisation, … Read the full press release

Lenzing Takes Controlling Stake in TreeToTextile to Accelerate Scale-Up of Next-Generation Sustainable Fiber Technology

(IN BRIEF) Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB through a share issuance, strengthening its position in sustainable, wood-based specialty fibers and securing access to a highly scalable next-generation fiber technology. The move … Read the full press release

Volvo Construction Equipment Completes SEK 7 Billion Acquisition of Swecon and Integrates Retail Operations Across Northern Europe

(IN BRIEF) Volvo Construction Equipment has completed its acquisition of Swecon after receiving approval from the European Commission, taking over Swecon’s operations in Sweden, Germany, and the Baltic countries, including Entrack, in a deal valued at SEK 7 billion. The … Read the full press release

New Vattenfall Research Highlights Rising Consumer Commitment to Fossil-Free Energy and Lasting Changes in Everyday Habits

(IN BRIEF) Vattenfall’s latest Energy Barometer reveals that while European consumers are broadly optimistic about the energy transition, most believe stronger government support is needed to drive meaningful progress. The survey, conducted by Statista across five countries, shows that half … Read the full press release

IKEA’s Largest Retailer Advances Circular Strategy with Expanded Second-Hand Marketplace in Europe

(IN BRIEF) Ingka Group is launching its second-hand IKEA marketplace in Sweden on 28 January, expanding a platform that allows customers to buy and sell pre-owned IKEA furniture locally while supporting more affordable and sustainable living. The marketplace will be … Read the full press release

New Sustainability Analysis Shows Vattenfall Outpacing Market in Climate Trust Growth

(IN BRIEF) A new sustainability analysis based on long-term data from the Sustainable Brand Index identifies Vattenfall as a leading example of how consumer trust in sustainability can be built and strengthened over time. The Strategic Brand Radar shows that … Read the full press release

Metso Supports Viscaria’s Copper Mine Reopening With Pre-Engineered Mills

(IN BRIEF) Metso has received an approximately €16 million order to supply two horizontal grinding mills for the reopening of Gruvaktiebolaget Viscaria’s copper mine in Kiruna, northern Sweden. The equipment will support an annual production target of 26,000 tonnes of … Read the full press release

Framework Agreement Sees Fortum Back Steady Energy’s SMR Technology with Expertise and Capital

(IN BRIEF) Fortum has signed a framework agreement with Finnish nuclear technology company Steady Energy to provide nuclear expert services for the development of Steady Energy’s LDR-50 small modular reactor for district heating. The cooperation focuses on operational and maintenance … Read the full press release

Mutares Places Minority Stake in Terranor to Expand Free Float and Strengthen Capital Markets Profile

(IN BRIEF) Mutares has placed 2.5 million shares in Terranor Group AB with qualified investors, increasing the free float and significantly improving liquidity in the stock. The transaction generated gross proceeds of approximately EUR 6 million and reflects strong investor … Read the full press release

Umeå University Secures Major Wallenberg Funding for Social and Humanistic Forestry Research

(IN BRIEF) Six researchers at Umeå University have been awarded SEK 38 million in funding from the Wallenberg foundations for humanities and social science research connected to forestry, representing almost half of the projects approved nationally. The funding highlights the … Read the full press release

Volvo Construction Equipment Expands European Manufacturing with New Excavator Facility to Boost Capacity and Strengthen Regional Supply Chains

(IN BRIEF) Volvo Construction Equipment is expanding its European manufacturing network with a new crawler excavator assembly facility in Eskilstuna, Sweden, reinforcing its strategic focus on excavators and meeting increasing regional demand. The 30,000 m² plant is designed to enhance … Read the full press release

Swedish Industry Giants Join Forces with Vattenfall to Expand Fossil-Free Power at Ringhals

(IN BRIEF) Vattenfall and Industrikraft have formalized a partnership to develop new nuclear power in Sweden, with Industrikraft acquiring a 20% share in Videberg Kraft AB and investing SEK 400 million. The consortium, which includes leading Swedish companies such as … Read the full press release

EIF strengthens inclusive innovation with €20 million investment in Unconventional Ventures Fund II

(IN BRIEF) The European Investment Fund (EIF) has invested €20 million in Unconventional Ventures Fund II, a Danish-Swedish impact fund supporting start-ups founded by underrepresented entrepreneurs in sectors like climate, health, and education. The investment contributes to the fund’s €50 … Read the full press release

Nokia Expands 5G Partnership with Telia to Power Next-Generation Connectivity Across the Nordics and Baltics

(IN BRIEF) Nokia has signed an extended partnership with Telia to enhance 5G capabilities across the Nordic and Baltic regions, deploying its cloud-native 5G Standalone Core in Finland, Sweden, Norway, Estonia, and Lithuania. The agreement also includes the use of … Read the full press release

EIB grants €100 million loan to Holmen to expand wind power and strengthen Sweden’s clean-energy transition

(IN BRIEF) The European Investment Bank is lending €100 million to Swedish forest-industry group Holmen to finance the expansion of its onshore wind projects in northern Sweden. The investment will increase renewable energy production to meet rising demand from energy-intensive … Read the full press release

SSAB and Vattenfall Advance HYBRIT Collaboration with Groundbreaking Fossil-Free Infrastructure Project

(IN BRIEF) SSAB has signed an agreement with Vattenfall to supply 120 tonnes of fossil-free steel for the world’s first large-scale dam gate produced with near-zero carbon emissions. The steel, derived from fossil-free sponge iron developed through the HYBRIT initiative … Read the full press release

Saab enhances global innovation leadership with creation of Group Strategy and Technology led by Marcus Wandt

(IN BRIEF) Saab has appointed Marcus Wandt as Senior Vice President and Head of its new Group Strategy and Technology function, effective 1 November 2025. The new unit will focus on group-level strategy, technology development, mergers and acquisitions, and strategic … Read the full press release