(IN BRIEF) SKF has secured a €430 million loan from the European Investment Bank (EIB) to advance research, development, and innovation in bearings, seals, and lubrication systems across six European countries. The funding supports green technologies in sectors like renewable … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bearings, EIB, Green Technologies, INNOVATION, partnership, Rickard Gustafson, Seals, SKF, sustainability, Sweden, Thomas Östros
(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged AI-Driven, Dr. Anja Jatsch, Germany, Greece, Intel, Merck, partnership, Sanjay Natarajan, Semiconductor Manufacturing, sustainability, Sweden, Switzerland, the Netherlands, United Kingdom, USA
(IN BRIEF) Falkenklev Logistik in Sweden has added six FUSO eCanter electric trucks to its fleet for DHL deliveries in Malmö, supporting its commitment to sustainable urban logistics. These compact electric trucks, supplied by Veho Import AB, are well-suited for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Daimler truck, DHL, electric fleet, Falkenklev Logistik, FUSO eCanter Trucks, Malmö, partnership, sustainability, Sweden, Veho Import AB, Victor Falkenklev
(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail, Sweden
Tagged Community-Focused Retail, Europe, IKEA, Ingka Centres, Leisure Destinations, Livli, partnership, Sebastian Hylving, shopping, sustainability, Sweden
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Norway, Sweden
Tagged Andreas Kalusche, Dr. Mathias Bimberg, EIF, ENERGY, Finland, Marjut Falkstedt, Norway, partnership, Prime Capital AG, Prime Green Energy Infrastructure Fund II (PGEIF II), Scandinavia, sustainability, Sweden
(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
(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
Posted in Austria, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Bipolar Flow Plate, Cell Impact, Daniel Vallin, Daniel Wenk, partnership, sustainability, Sweden
(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
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(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
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
(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
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release
(IN BRIEF) Stora Enso and Södra have entered into a long-term agreement to collaborate on advancing the use of kraft lignin, a sustainable material derived from the pulping process. Under the partnership, Södra will supply kraft lignin from its new … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bio-Based Material, Johannes Bogren, Juuso Konttinen, kraft lignin, partnership, Södra, Stora Enso, sustaianbility, Sweden
(IN BRIEF) CapMan Real Estate has entered a strategic partnership with Riksbyggen to manage its residential properties across Sweden. The collaboration aims to provide high-quality living environments by focusing on tenant satisfaction, safety, and sustainability. CapMan is expanding its investments … Read the full press release
(IN BRIEF) GKN Aerospace is expanding its state-of-the-art aero-engine manufacturing facility in Trollhättan, Sweden by 5,000 square meters to meet growing demand in the aerospace industry. The facility will incorporate advanced digital processes, automation, and robotics, boosting production capacity for … Read the full press release
(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI, Atos, Berzelius Supercomputer, Dr. Cédric Bourrasset, Eviden, Linkoping University, partnership, Professor Anders Ynnerman, sustainability, Sweden
(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Switzerland, Transportation & Logistics
Tagged Arjan van der Eijk, charging stations, Commercial Vehicles, decarbonization, E.ON, E.ON Drive Infrastructure, electric cars, electric vehicle charging, emobility, Europe, fast charging, Germany, High-Power Chargers, IoT-enabled substations, Italy, Markus Mildner, Megawatt charging, network management, profitability, Public Charging Infrastructure, Road transport, SICHARGE D, Siemens, Siemens Smart Infrastructure, Sifinity Control, Sweden, UK
(IN BRIEF) AFRY is collaborating with Fortum to modernize the Untra hydropower plant in Sweden, which has been in operation for over 100 years. The project involves replacing three of the plant’s five generators, which will increase its output from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Finland, Fortum, Miriam Mesquine, partnership, sustainability, Sweden, Untra Hydropower Plant
(IN BRIEF) Telefónica, Ericsson, and MATSUKO have successfully demonstrated the integration of holographic calls directly into smartphone dialer apps using IMS (IP Multimedia Subsystem) Data Channel technology. This Proof-of-Concept enables real-time holographic communication without the need for additional apps, showcasing … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology, Telecom
Tagged Ericsson, holographic calls, IMS Integration, Japan, MATSUKO, partnership, smartphones, Sweden, Telefonica
(IN BRIEF) Roos Groep, in partnership with Leica Geosystems, has developed the world’s first fully electric slipform paver, enhanced with advanced 3D machine control technology. This innovation marks a significant step in sustainable construction, offering precise, fossil fuel-free paving solutions. … Read the full press release
Posted in Construction, Denmark, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Electric Slipform, Hexagon, Leica Geosystems, partnership, Roos Groep, sustainability, Sweden, Tom Roos
(IN BRIEF) Sanum per Fructus, a honey producer in Kragujevac, Serbia, is modernizing its operations by integrating digital technology while maintaining traditional beekeeping practices. Supported by the EBRD’s Youth in Business Programme, the company connects with local beekeepers through a … Read the full press release
Posted in Banks, Business, Financial, Investment, Serbia, Small Business, United Kingdom
Tagged Aleksandra Slavković, beekeepers, Bees, Central European Initiative, digital technology, EBRD, ecosystem health, environmental protection, European Union, honey production, INNOVATION, Italy, Kragujevac, Luxembourg, Mica Đorđević, pollination, quality assurance, Sanum per Fructus, SERBIA, sustainability, sustainable beekeeping, Sweden, tradition, Vladimir Milanović, Youth in Business Programme
(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) 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) 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) 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) 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) 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) 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) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release
Posted in European Union, Financial, Investment, Luxembourg, Small Business, Spain, Technology, Telecom
Tagged AI, Alma Mundi Ventures, artificial intelligence, Atomico Growth VI, biotechnology, Capital Markets Union, capital-intensive businesses, cleantech, Climate Innovation, competitiveness, Cybersecurity, deep tech, digital technologies, digital transformation, EIF, engineering breakthroughs, ETCI, Europe, European Investment Fund, European Tech Champion Initiative, European tech champions, Factorial, financial technologies, France, frontier technologies, FSI II, Germany, growth-stage startups, Healthcare, Inke, intellectual property, Javier Santiso, Keensight Nova VI, Kembara Fund I FCR, life sciences, Marjut Falkstedt, Mundi Ventures, next-generation energy systems, public and private resources, quantum technologies, robotics, scientific breakthroughs, Space tech, Spain, Startups, strategic autonomy, Sweden, tech ecosystem, transformative ventures
(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) 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) 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
(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Björn Linde, Forsmark and Ringhals Nuclear Plants, fossil-free electricity, partnership, sustainability, Sweden, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
(IN BRIEF) Mutares SE & Co. KGaA has finalized the acquisition of Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB, marking a strategic move to bolster its Goods & Services segment. These entities, recognized leaders in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged acquisition, Eltel Networks Energetyka S.A., Eltel Networks Engineering S.A., Mutares, partnership, Poland, sustainability, Sweden
(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Altris, Battery Solutions, Björn Mårlid, eco-friendly, Europe, Juuso Konttinen, partnership, Stora Enso, Stora Enso's Lignode®, sustainability, Sweden
(IN BRIEF) RWE, a prominent offshore wind leader, and Smålandshamnar AB, operator of the Port of Oskarshamn, have inked a Memorandum of Understanding (MoU) to collaborate on logistics operations for future offshore wind farms in the Baltic Sea. This partnership … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Baltic Sea, Matilda Machacek, Niclas Strömqvist, Offshore Wind Logistics, partnership, Rickard Olsen Pella, RWE, Smålandshamnar AB, sustainability, Sweden
(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged Hydro, Hydro Extrusion, Jacob Reeckmann, Marianne Wergeland Jenssen, Onsite Renewable Energy Production, partnership, sustainability, Sweden, zero emissions
(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged CapMan Infra, Fiber Landscape, Finland, Harri Halonen, Heikki Kaunisto, partnership, Sauli Antila, sustainability, Sweden, Telia Company, Valokuitunen
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
