Tag Archives: Sweden

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

EIB Backs Swedish Cleantech Firm Meva Energy in €40 Million Deal to Boost Renewable Industrial Energy Solutions

(IN BRIEF) The European Investment Bank (EIB) is lending €40 million to Sweden’s Meva Energy AB to accelerate the rollout of its modular, biomass-based gasification plants across Europe. The company’s innovative system converts agricultural and industrial biomass residues into renewable, … Read the full press release

AFRY to Design Track and Catenary Upgrades for Sweden’s Western Main Line Between Stockholm and Gothenburg

(IN BRIEF) AFRY has been selected by the Swedish Transport Administration to design key upgrades to the Western Main Line, Sweden’s crucial rail link between Stockholm and Gothenburg. The project includes full track renewal and modernization of the catenary system … Read the full press release

Telia Strengthens Sweden’s Rail Connectivity with Long-Term Communications Partnership with SJ

(IN BRIEF) Telia has signed a long-term partnership with SJ, Sweden’s leading train operator, to deliver robust communication services across its operations and train fleet. The collaboration encompasses mobile connectivity, IoT technologies, and a crisis management platform, ensuring secure and … Read the full press release

AF Gruppen’s HMB Construction Wins SEK 112 Million Contract from Swedish Fortifications Agency for Ärna F16 Project

(IN BRIEF) AF Gruppen, through its subsidiary HMB Construction, has secured a SEK 112 million contract from the Swedish Fortifications Agency to deliver a turnkey construction project at Ärna F16 in Uppsala. The project involves building two shelters, a heated … Read the full press release

Beijer Byggmaterial launches 24/7 branch in Gothenburg to enhance service and flexibility for tradespeople

(IN BRIEF) STARK Group has expanded its Swedish operations with the opening of a new 24/7 branch in Hisings Backa, Gothenburg, operated by Beijer Byggmaterial. The 22,000-square-meter branch allows customers to access building materials at all hours, with extended operating … Read the full press release

PU2000 Battery Energy Storage System from Volvo Energy delivers integration, safety, and flexible performance

(IN BRIEF) Volvo Energy has launched the PU2000 Battery Energy Storage System at its Customer Day in Gothenburg, presenting a new solution designed and built in Sweden to help customers optimize energy use, strengthen resilience, and accelerate electrification. The system … Read the full press release

District heating leader Statkraft Varme joins PATRIZIA to advance low-carbon energy transition in the Nordics

(IN BRIEF) PATRIZIA has agreed to acquire Statkraft Varme, the district heating business of Statkraft AS, in a deal worth up to EUR 312 million. Statkraft Varme operates 13 plants in Norway and Sweden, supplying low-carbon heating to households, businesses, … Read the full press release

BAE Systems strengthens European defence mobility with first BvS10 deliveries under joint procurement deal

(IN BRIEF) BAE Systems has delivered the first three BvS10 Armored Personnel Carriers to Sweden, Germany, and the UK under the Collaborative All-Terrain Vehicle program. Built at BAE Systems Hägglunds in Sweden, the vehicles form part of a multinational framework … Read the full press release

European LoRaWAN Push in Latin America

How European companies shaped Latin America’s LoRaWAN landscape—from Everynet’s Brazil Foundations to Netmore’s Network Takeover—pioneering neutral-host networks, supplying carrier-grade infrastructure, scaling platforms, and culminating in Netmore’s assumption of American Tower’s operations in Brazil. (NEWS) BRUSSELS / SÃO PAULO, 17-Sep-2025 — … Read the full press release

IKEA launches global långbord events to celebrate Cooking & Eating Year and bring communities together

(IN BRIEF) IKEA is launching its first-ever global celebration of the Swedish långbord, with more than 200 stores in at least 14 markets hosting communal dining events beginning September 13. The initiative marks the start of Cooking & Eating Year, … Read the full press release

CVC remains controlling shareholder as Ahlsell welcomes new institutional investors to accelerate growth

(IN BRIEF) CVC will remain the controlling shareholder in Ahlsell while welcoming a group of new institutional investors to support the company’s next phase of growth. The transaction, closing in Q4 2025, reflects confidence in Ahlsell’s strong performance and proven … Read the full press release