(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Financial, NIB, partnership, SMCs, SMEs, sustainability, Sweden, Ziklo Bank AB
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) Skanska is investing SEK 530 million in Mandelblomman, a sustainable residential project in Täby Park near Stockholm. The development includes 156 apartments, a rooftop terrace, a green courtyard, and 75 parking spaces. Sustainability features include solar panels covering … Read the full press release
(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release
(IN BRIEF) This partnership between SSAB and AWS is a significant step towards decarbonizing the materials used in critical infrastructure. By adopting cutting-edge technology like HYBRIT, AWS is not only taking meaningful action toward its sustainability goals but also leading … Read the full press release
(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, energy transition, Henrik Tegnér, Industrial Growth, Industrikraft, partnership, Robert Andrén, sustainability, Sweden, Tom Erixon
(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
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