(IN BRIEF) Skanska has agreed to sell the Villa Fågelsång residential development in Sollentuna to Folksamgruppen through KPA Pension for approximately SEK 340 million. The project includes an 80-apartment senior care residence and a six-unit assisted living group home, addressing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Sweden, Technology
Tagged assisted living, carbon reduction, Commercial Property Development, district heating, energy efficiency, Folksamgruppen, KPA Pension, LEED Gold, LSS housing, Nytida AB, photovoltaic solar panels, real estate development, SÄBO, Scandinavian property market, senior housing, Skanska, Sollentuna, sustainable construction, Sweden, Vardaga Äldreomsorg AB, Villa Fågelsång
(IN BRIEF) NORDEN has signed a long-term Contract of Affreightment of up to 10 years with LKAB and ordered two 23,000 dwt ice-class multipurpose vessels from Wuchang Shipbuilding Industry Group, enabling the company to transport bentonite from Greece to northern … Read the full press release
Posted in Business, Denmark, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged bentonite transport, biofuel, China State Shipbuilding Corporation, COA, Contract of Affreightment, fleet expansion, Greece, ice class vessels, Jan Rindbo, LKAB, logistics, maritime, multipurpose vessels, NORDEN, NORDEN Expands into Ice-Class Segment with Newbuild Vessels and Long-Term Contract Supporting Northern Supply Chains, northern shipping, shipping, sustainable shipping, Sweden, Wuchang Shipbuilding Industry Group
(IN BRIEF) Rheinmetall has announced that the MARTE project, funded by the European Defence Fund, has reached its halfway milestone, demonstrating substantial progress in developing Europe’s future main battle tank system. The initiative, involving eleven European countries and led by … Read the full press release
Posted in Belgium, Business, Defence, Estonia, European Union, Finland, Germany, Government, Greece, Industrial, Italy, Netherlands, News, Norway, Romania, Security & Safety, Spain, Sweden, Technology
Tagged defence industry, defence innovation, EDF, European Commission, European Defence Fund, Germany, Indra Sistemas, Italy, KNDS Deutschland, land warfare, Leonardo, Main Battle Tank, MARTE project, MBT, military technology, Ministries of Defence, Rheinmetall, Rheinmetall highlights strong progress in European defence collaboration as MARTE project reaches midterm stage, Rheinmetall Landsysteme, Saab, Spain, strategic autonomy, Sweden
(IN BRIEF) ANDRITZ has been selected by Ahlstrom Sweden AB to deliver a PrimeDry Steel Yankee for the PM6 machine at the Billingsfors mill in Sweden, with start-up scheduled for the fourth quarter of 2026. The new steel Yankee will … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, Sweden, Technology
Tagged Ahlstrom, Ahlstrom Sweden AB, Andritz, ANDRITZ Strengthens Nordic Market Presence with Steel Yankee Supply Contract for Ahlstrom’s Billingsfors Paper Mill, Billingsfors mill, building and construction materials, fiber-based specialty materials, filtration materials, Finland, food and consumer packaging, Giorgio Mirone, industrial paper technology, life sciences materials, machine glazed paper, MG paper production, Nordic pulp and paper industry, paper drying technology, PM6 paper machine, PrimeDry Steel Yankee, protective materials division, specialty paper manufacturing, 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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Sweden, Technology, Transportation & Logistics
Tagged agriculture, automotive lubricants, axle oils, car workshops, customer service, heavy-duty engine oils, industrial lubricants, Jönköping, logistics, lubricants, mining, Neste, Neste Invests in Faster Deliveries and Local Presence with New Jönköping Lubricants Warehouse, Neste ReNew, Nordic markets, OEM-approved lubricants, re-refined oils, renewable base oils, renewable diesel, renewable fuels, Scandinavia, supply chain, sustainability, sustainable aviation fuel, Sweden, transmission oils
(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
Posted in Aviation & Aerospace, Business, Defence, European Union, Financial, Germany, Government, Industrial, Investment, Italy, Management, Netherlands, Poland, Security & Safety, Spain, Sweden, Technology
Tagged AEA, AESA, Airborne Electronic Attack, defence R&D, digital beamforming, DRFM, electromagnetic spectrum, electronic warfare, Escort Jamming, European Commission, EWC2, France, Germany, Indra, Italy, modular architecture, Netherlands, Next-Generation Airborne Electronic Attack Pod, NGEAP, OCCAR, OCCAR Signs Co-Funding Contract for Indra-Coordinated REACT II Electronic Warfare Project, Poland, RAT-ECS, REACT I, REACT II, SEAD, Seven European Nations Back Indra-Led REACT II Programme to Develop Next-Generation AEA Systems, Spain, Stand-In Jamming, Stand-Off Jamming, Sweden
(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
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate, Society, Sweden
Tagged Climate Action, EIB, energy efficient buildings, EU Energy Performance of Buildings Directive, European Investment Bank, Finland, Finland and Germany, Germany, healthcare facilities, Hemsö Fastigheter, Hemsö secures €200 million EIB loan to accelerate sustainable public-building investments in Sweden, Nils Styf, Pilar Solano, police headquarters, SCHOOLS, social infrastructure, Sustainable Finance, Sweden, Zero Energy Buildings
(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
Posted in Banks, Business, Construction, Financial, Finland, Industrial, Investment, Management, News, Sweden, Ukraine
Tagged Avfall Sverige, debris management, decentralisation, district heating, environmental resilience, EU standards, green recovery, Irpin pilot project, local capacity building, Malin Perhult, municipal governance, NEFCO, Nordic cooperation, reconstruction, SALAR International, Sida, sustainable waste management, Sweden, Sweden commits SEK 700 million to Nefco to accelerate green recovery and sustainable waste management in Ukraine, UKRAINE, Ulf Bojö, wastewater systems, water infrastructure
(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
Posted in Austria, Business, Industrial, Investment, Management, News, Sweden, Technology
Tagged cellulosic fibers, demonstration plant, Dr. Roxana Barbieru, Georg Kasperkovitz, H&M Group, industrial scale production, Inter IKEA Group, Lenzing Expands Leadership in Wood-Based Specialty Fibers Through Strategic Investment in TreeToTextile, Lenzing Group, LSCS Invest, Lyocell, nonwovens, Nymölla, specialty fibers, Stora Enso, sustainable fibers, Sweden, textile innovation, TreeToTextile, viscose, wood-based fibers
(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
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Retail, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Aftermarket services, Baltics, construction equipment, enterprise value SEK 7 billion, Entrack, European Commission, European market expansion, Germany, inventory impact, retail operations, revenues SEK 10 billion, SEK 300 million, Swecon, Sweden, Volvo CE, Volvo Construction Equipment, Volvo Construction Equipment Expands Its European Footprint Through Completion of Swecon Acquisition Following EU Approval
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Sweden, Technology
Tagged Alexander van Ofwegen, climate-friendly lifestyle, consumer behavior, decarbonization, Energy Barometer, energy efficiency, energy transition, Finland, fossil-free energy, Germany, government support, heat pumps, infrastructure investment, Netherlands, renewable energy, solar panels, Statista, sustainability, sustainable consumption, Sweden, United Kingdom, Vattenfall, Vattenfall’s Energy Barometer Shows Strong Public Support for the Energy Transition Coupled with Calls for Greater Government Action
(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
Posted in Business, Food & Beverage, Internet & Online, Management, Marketing, News, Norway, Poland, Portugal, Retail, Spain, Sweden
Tagged circular economy, GlobeScan, IKEA, IKEA Retail, IKEA Retailer Ingka Group Scales Second-Hand Marketplace Across Five European Markets, Ingka Group, Ingka Group Expands IKEA Second-Hand Marketplace to Sweden as Circular Living Gains Momentum, Kirsten Andersson, Norway, omnichannel retail, platform and marketplaces, Poland, PORTUGAL, pre-owned furniture, resale furniture, second-hand market, second-hand marketplace, Spain, sustainable consumption, Sustainable Living, Sweden
(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
Posted in Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged Annika Ramsköld, climate change, consumer trust, energy transition, Erik Elvingsson Hedén, fossil-free energy, public confidence, renewable energy, SB Insight, Strategic Brand Radar, sustainability leadership, sustainability strategy, Sustainable Brand Index, Sweden, Vattenfall, Vattenfall Highlighted for Sustained Progress and Rising Confidence in Climate Action
(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
Posted in Business, Finland, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged 'Metso Plus', ball mill, comminution technology, copper concentrate production, copper mine restart, European copper supply, grinding mills, Gruvaktiebolaget Viscaria, Kiruna, Metso, Metso Wins €16 Million Grinding Mill Order for Viscaria Copper Mine in Sweden, Minerals segment, mining equipment, SAG mill, Select mills, Sweden
(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
Posted in Awards, Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Management, News
Tagged Anni Jaarinen, district heating, energy transition, Finland, Fortum, Fortum Partners with Steady Energy to Support Development of Small Modular Reactor for District Heating, Gustav Eilertsen, Innovation and Venturing, LDR 50, low emission energy, nuclear expertise, nuclear services, operation and maintenance, small modular reactor, SMR, Steady Energy, Sweden
(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
Posted in Business, Denmark, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged capital markets transaction, Denmark, Finland, free float expansion, increased liquidity, infrastructure services, institutional investors, Johannes Laumann, majority shareholder, Munich, Mutares Delivers Above-Target ROIC with Terranor Share Placement and Increased Market Liquidity, Mutares SE & Co. KGaA, NCC carve-out, portfolio value creation, public markets, qualified investors, return on invested capital, ROIC, share placement, strategic development, Sweden, Terranor, Terranor Group AB
(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
Posted in Awards, Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged climate adapted forest management, Daniel Nylén, digital forestry, environmental justice, environmental psychology, forestry policy, forestry research, humanities and social sciences, interdisciplinary research, Louise Eriksson, Marcus and Amalia Wallenberg Memorial Fund, Marianne and Marcus Wallenberg Foundation, reindeer husbandry, Sweden, Thomas Olofsson, Umeå University, Wallenberg Foundations Back Umeå University Projects Exploring the Social Dimensions of Forestry
(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
Posted in Business, Construction, Industrial, Management, News, Sweden, Technology
Tagged construction equipment, crawler excavators, electric excavators, Eskilstuna, European industrial expansion, European market demand, excavator manufacturing, internal combustion excavators, manufacturing investment, Melker Jernberg, New Eskilstuna Excavator Plant in Sweden Positions Volvo Construction Equipment for Increased Demand and Sustainable Production Growth, supply chain resilience, sustainable production, Sweden, Volvo CE, Volvo CE Advances European Industrial Strategy with Major Investment in Swedish Excavator Manufacturing, Volvo Construction Equipment
(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
Posted in Construction, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged ABB, Alfa Laval, Anna Borg, Boliden, EU energy transition, fossil-free electricity, Green Energy, Hitachi Energy, Höganäs AB, Industrikraft, nuclear power, Ringhals, Saab, SSAB, Stora Enso, sustainable power, Sweden, Swedish industry, Tom Erixon, Vattenfall, Vattenfall and Industrikraft Partner to Drive Sweden’s Next Generation of Nuclear Energy, Videberg Kraft AB, Volvo Group
(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
Posted in Denmark, European Union, Financial, Investment, Luxembourg, Small Business, Sweden, Technology
Tagged climate tech, Denmark, diversity in tech, education technology, EIF, EIFO, EU innovation, European Investment Fund, health tech, impact investing, inclusive entrepreneurship, Inner Foundation, LGBTQ+ entrepreneurs, Marjut Falkstedt, Nora Bavey, Nordic start-ups, Sustainable Finance, Sweden, Unconventional Ventures, Unconventional Ventures Fund II, Unconventional Ventures Fund II secures EIF backing to advance inclusive and sustainable innovation, venture capital, women founders
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