Tag Archives: Sweden

Sertion Partners with Altor for Next Phase of Growth Across Nordic Infrastructure and Industrial Markets

(IN BRIEF) Altor has agreed to acquire a majority stake in Nordic pipework services group Sertion through Altor Fund VI. The transaction includes shares acquired from Consolid Equity and existing shareholders, while Sertion’s entrepreneurs and management team will retain significant … Read the full press release

Svenska Kraftnät Selects AFRY to Support Development of Critical Electricity Transmission IT Systems

(IN BRIEF) AFRY has signed a new framework agreement with Svenska Kraftnät to provide IT services supporting the modernization and expansion of Sweden’s electricity transmission system. AFRY was selected as one of six final suppliers through a two-stage procurement process. … Read the full press release

Bergslagets Skogar Set to Become Europe’s Largest Listed Pure-Play Forest Company Following Stora Enso Separation

(IN BRIEF) Stora Enso has announced Bergslagets Skogar as the new name for its planned standalone Swedish forest asset company ahead of its expected public listing in 2027. The company will manage more than 1.2 million hectares of sustainably managed … Read the full press release

IKEA explores wearable robotics with Moonwalker boots to enhance operational performance in fulfilment centres

(IN BRIEF) IKEA is testing robotic “Moonwalker” boots at its Helsingborg fulfilment centre in Sweden to improve warehouse efficiency. The AI-powered footwear allows workers to move faster across large spaces, resulting in a reported 16% increase in picking productivity. The … Read the full press release

Umeå University and RISE Research Institutes of Sweden advance strategic partnership to expand research collaboration and innovation impact

(IN BRIEF) Umeå University and RISE Research Institutes of Sweden are enhancing their collaboration to build a more strategic and long-term partnership. During a recent meeting, representatives from both organisations discussed expanding joint efforts in research projects, funding applications, and … Read the full press release

Nordic Investment Bank Supports Borlänge Infrastructure Modernization with SEK 250 Million Financing Agreement

(IN BRIEF) Nordic Investment Bank and the Municipality of Borlänge have agreed on a SEK 250 million financing arrangement to support significant upgrades to the city’s electricity and water infrastructure. The funding will enable Borlänge Energi to carry out a … Read the full press release

Enea Delivers Improved Earnings and Margin Expansion as Strategic Shift Toward Growth Segments Gains Momentum

(IN BRIEF) Enea has reported a solid first quarter for 2026, marked by steady revenue growth and a substantial improvement in profitability. Net sales increased modestly but showed stronger underlying growth when adjusted for currency, while adjusted EBITDA rose significantly, … Read the full press release

Umeå University Research Shows AI Can Deliver More Effective and Cost Efficient Building Energy Renovations

(IN BRIEF) Research from Umeå University demonstrates how AI-driven analysis can transform energy renovation strategies by providing highly tailored recommendations based on the unique characteristics of individual buildings. By combining machine learning, explainable AI, and data fusion, the study identifies … Read the full press release

AFRY Explores AI Powered MEP Design Capabilities Through Strategic Collaboration with Swedish Startup Endra

(IN BRIEF) AFRY has partnered with Swedish startup Endra to explore the application of AI technology in building system design, particularly within MEP engineering. The collaboration centers on Endra’s AI platform, which aims to improve efficiency, accuracy, and sustainability by … Read the full press release

Fortum Calls for Early Policy Action to Enable Nuclear Investment and Strengthen Nordic Energy Competitiveness

(IN BRIEF) Fortum is advocating for early planning and policy development to support new nuclear power in Finland, positioning it as a key driver of economic growth, energy stability, and industrial competitiveness. Drawing on recent studies, including analysis by AFRY … Read the full press release

Saint-Gobain Agrees to Divest Nordic Ventilation Distribution Operations to Airvance Group as Part of Strategic Portfolio Optimization

(IN BRIEF) Saint-Gobain has agreed to sell its Nordic ventilation distribution business to Airvance Group as part of its ongoing portfolio optimization strategy. The business, which operates across Sweden, Norway, and Denmark under well-known brands and generated €415 million in … Read the full press release

Villa Fågelsång Development in Sweden to Deliver Sustainable Senior Living as Skanska Finalizes Sale to Folksamgruppen

(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

NORDEN Strengthens Specialised Shipping Strategy with Ice-Class Vessel Order and Decade-Long LKAB Contract

(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

Rheinmetall confirms successful halfway milestone for MARTE program strengthening Europe’s defence innovation and autonomy

(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

ANDRITZ to Supply PrimeDry Steel Yankee to Ahlstrom Sweden for PM6 Upgrade at Billingsfors Mill with Start-Up Planned for 2026

(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

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