(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release
Posted in Belgium, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged Belgium, Car Parks, Flea Markets, France, IKEA Stores, Ingka, Johanna Nordell, Karen Pflug, Nathalie Van Edom, partnership, sustainability, Sweden
(IN BRIEF) Vossloh, a leading provider of rail infrastructure solutions, has signed an agreement to acquire Scandinavian Track Group (STG), a renowned provider of rail track maintenance services in Sweden. With a focus on switches, maintenance, welding services, and inspection … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Jan Furnivall, partnership, s Oliver Schuster, Scandinavian Track Group (STG), sustainability, Sweden, Swedish Rail Infrastructure Market, Vossloh
(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release
Posted in Business, Environment, Finland, Germany, Government, Industrial, Management, Media, Metals and Minerals, News, Security & Safety, Sweden
Tagged Anna Vainikainen, Annie Heaton, Finland, Germany, Heidi Peltonen, Nordics, Outokumpu, ResponsibleSteel Certification, safety, sustainability, sustainable steel production, Sweden
(IN BRIEF) ANDRITZ, a global technology group, has finalized the acquisition of NAF AB’s business, bolstering its product range in process control and automation systems for pulp and paper mills and other industrial plants. This acquisition strengthens ANDRITZ’s Intelligent Instruments … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Andritz, Control Valve, Johanna Newcomb, NAF AB, partnership, sustainability, Sweden
(IN BRIEF) The European Commission and the European Investment Bank revealed the 20 selected “EU Blue Champions,” representing diverse sectors such as tidal and wind energy, underwater robotics, and satellite data applications. Chosen from Croatia to Sweden, these champions demonstrated … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged CROATIA, Denmark, EIB, EU Blue Champions Program, France, Germany, Greece, GROWTH, Italy, Norway, Ocean Innovators, partnership, PORTUGAL, Spain, sustainability, Sweden
(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release
(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Essity, Gianni Pellini, Lee Mc Donald, paper mill, partnership, Prudhoe, sustainability, Sweden
(IN BRIEF) Nordic Investment Bank (NIB) and Aktia Bank Plc have joined forces in a seven-year EUR 75 million loan agreement aimed at supporting small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Finland. With a commitment … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Aktia Bank, André Küüsvek, environmental projects, Finland, Juha Hammarén, NIB, partnership, SMEs, sustainability, Sweden
(IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Electric Equipment R&D, Husqvarna, NIB, Nicolas Audibert, partnership, sustainability, Sweden
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
(IN BRIEF) GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to conduct conceptual studies for advanced power and propulsion systems in support of future fighter systems. The agreement, spanning two years with the possibility … Read the full press release
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) In a strategic move to enhance operational efficiencies within its extensive global supply chain network, Ericsson, a prominent figure in 5G and communication technologies, has opted for SAP Integrated Business Planning for Supply Chain (SAP IBP) solution. As … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Dominik Metzger, Ericsson, global supply chain, partnership, SAP IBP, Sweden
(IN BRIEF) DHL announces plans to expand its out-of-home delivery network in Sweden by introducing approximately 1,000 new parcel lockers in 2024, focusing primarily on metropolitan areas. Partnering with iBoxen, DHL aims to strengthen its capacity and capabilities in the … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged DHL, E-commerce Demands, iBoxen, online shopping, Parcel Locker Network, partnership, Robert Zander, sustainability, Sweden
(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged fossil-free, Luleå, Martin Lindqvist, Mini-Mill, SSAB, sustainability, Sweden
(IN BRIEF) On March 27, 2024, Logicor, a prominent player in European logistics real estate, finalized the acquisition of two greenfield land plots in key logistics hubs in Sweden. With plans to develop over 100,000 sqm of new logistics space, … Read the full press release
(IN BRIEF) Infineon Technologies AG and Ekkono Solutions have joined forces to address the unique challenges faced by automotive component suppliers and OEMs in ensuring optimal vehicle performance and safety. Leveraging Infineon’s AURIX™ microcontroller family, Ekkono offers a sophisticated software … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged AI Development, AURIX™ microcontrollers, automotive, Ekkono, Infineon, partnership, Rikard König, sustainability, Sweden, Thomas Boehm
(IN BRIEF) Eurojust has facilitated the collaborative efforts of Swedish and Spanish authorities leading to the arrest of four individuals implicated in the wholesale and transportation of cannabis and other illegal substances. The operation, centered around a main suspect allegedly … Read the full press release
Posted in Business, Government, Industrial, Law, Management, Netherlands, News, Security & Safety, Spain, Sweden
Tagged Cannabis Trafficking Case, Cross-Border Arrests, Eurojust, partnership, Spain, Sweden
(IN BRIEF) The European Investment Bank (EIB) is backing Skellefteå Kommun in Sweden with a SEK 800 million loan (€70 million) to facilitate the construction of 743 new, energy-efficient social housing units. These homes, vital amidst the green industrialization, especially … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden
Tagged EIB, Green Industrialization, Lorents Burman, partnership, Skellefteå, social housing, sustainability, Sweden, Thomas Östros
(IN BRIEF) Hydro Extrusions has announced an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, with approximately 170 employees, serves as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Bruno D’hondt, Denmark, Hydro Extrusions, Kaunas Plant, Lithuania, partnership, Paulius Velicka, sustainability, Sweden
(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisitions, Nefab Group, NIB, partnership, Patrick Nylund, sustainability, Sweden, Swiss Cargopack group AG, US PolyFlex Products Inc.
(IN BRIEF) In a move towards enhancing sustainability and efficiency, Swedish forest industry group Södra has collaborated with international technology conglomerate ANDRITZ to upgrade three electrostatic precipitators (ESPs) at the Mörrum pulp mill. This mechanical and electrical refurbishment aims to … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Mörrum Pulp Mill, partnership, Södra, sustainability, Sweden
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, INNOVATION, Janne Pynnönen, Nordic Investment Bank, partnership, sustainability, Sweden, Valmet Oyj
(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release
Posted in Energy, Gas & Oil, Finland, Germany, Industrial, Infrastructure & Utilities, Sweden
Tagged Dalarna, Finland, Green Energy, Lapland, Maaselänkangas wind farm, onshore wind energy, Oulainen, Palovaara, Paul Bade, Råliden wind farm, renewable energies, Ripfjället, Söderskogen, Stöllsäterberget wind farm, Sweden, Tomasliden, Värmland, Västerbotten, wind farm infrastructure, WPD, wpd Scandinavia, wpd Suomi, wpd Suomi Oy
(IN BRIEF) The European Spallation Source (ESS) and Alfa Laval are leading a groundbreaking initiative to connect recovered, fossil-free waste heat from ESS to Lund’s district heating network in Sweden. Alfa Laval will provide heat exchangers using emission-free steel from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Anders Almgren, Carin Kuylenstierna, ESS, heating, Helmut Schober, Julien Gennetier, Lund, partnership, Sezgin Kadir, sustainability, Sweden, Thomas Hörnfeldt
(IN BRIEF) EuroMaint, a subsidiary of the CAF Group and a leading railway services provider, marks the opening of a modern maintenance center in Nässjö, Sweden. The 35,000 square meters facility, strategically located, will maintain new trains delivered by CAF … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology
Tagged CAF, EuroMaint, Gorka Tamayo, Maintenance Center, Nässjö, partnership, sustainability, Sweden
(IN BRIEF) The Nordic Investment Bank (NIB) and Billerud Aktiebolag (publ) have finalized a SEK 400 million investment loan agreement to support Billerud’s research and development (R&D) activities from 2023 to 2026. Billerud, a leading Swedish paper and packaging materials … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, Andrei Krés, Billerud Aktiebolag, NIB, partnership, sustainability, Sustainable Packaging R&D, Sweden
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release
(IN BRIEF) Gasum, an energy company, is set to open a new filling station in Vänersborg, Sweden, in collaboration with logistics firm Centralen, aiming to address the increasing demand for biogas across the Nordics. Scheduled to open on March 11, … Read the full press release
(IN BRIEF) Michelin, in partnership with Antin and Enviro, has announced the construction of the first end-of-life tire recycling plant in Uddevalla, Sweden. This joint venture aims to recycle approximately 35,000 tons of used tires annually, creating up to 40 … Read the full press release
Posted in Automotive, Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alf Blomqvist, Anand Jagannathan, Antin, ENVIRO, Maude Portigliatti, Michelin, partnership, sustainability, Sweden, Tire Recycling Plant
(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) provided a record-breaking €2.91 billion in financing for 32 projects in Sweden. The majority of funding (76.7%) was allocated to climate action and environmental sustainability initiatives, with notable support … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Sweden, Technology
Tagged Ark Kapital, Climate Action, EIB Group, EIF, environmental sustainability, Ericsson, European Investment Bank Group, European Investment Fund, financin, H2 Green Steel project, Lisa&Friends, Nadia Calviño, Norrlandsfonden, Northvolt, Sweden, Thomas Östros, Thrive
(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged biogas plant, Borlänge, Erik Woode, Gasum, investment, partnership, renewable energy production, sustainability, Sweden
(IN BRIEF) Swedish energy company Vattenfall has awarded Nuvia, a subsidiary of VINCI Construction, a significant contract to undertake the dismantling of units 1 and 2 at the Ringhals nuclear power plant in Sweden. This comprehensive project, scheduled to run … Read the full press release
(IN BRIEF) Sweden and France have signed a strategic partnership agreement aimed at bolstering their defense collaboration, focusing on anti-tank and air defense capabilities. As part of this initiative, Saab and MBDA, the CEOs of which are Micael Johansson and … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Defense, Emmanuel Macron, Eric Béranger, France, MBDA, Micael Johansson, partnership, Saab, Sweden
(IN BRIEF) Airbus, Avinor, SAS, Swedavia, and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of establishing a hydrogen infrastructure at airports in Sweden and Norway. The collaboration aims to understand hydrogen aircraft concepts, operations, supply, infrastructure, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Airbus, Anna Borg, Avinor, Guillaume Faury, Hydrogen-Powered Airports, Nordic Aviation, Norway, partnership, SAS, sustainability, Swedavia, Sweden, Vattenfall
(IN BRIEF) Beijer Byggmaterial, part of STARK Group, has unveiled the first phase of construction for one of Sweden’s most modern builders’ merchants, representing a substantial investment in the growth region around Gothenburg. Located strategically in Hisings Backa, near central … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged Beijer Byggmaterial, Gothenburg, Merchants Facility, partnership, Stark group, sustainability, Sweden
(IN BRIEF) The Swedish Transport Administration has enlisted the services of AFRY and WSP to develop a railway plan for the Skellefteå – Degerbyn section of the North Bothnia Line, a significant 270-kilometer coastal railway project connecting Umeå and Luleå. … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €28 million loan agreement with Cold Lake Invest AB, a Swedish company, to support its innovative project for the sustainable land-based farming of Arctic char. This initiative aims to address … Read the full press release
Posted in Agriculture, Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Andreas Ericson, Arctic Char, Cold Lake, EIB, Farming Project, Liisa Raasakka, partnership, sustainability, Sweden
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
