(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden, United Kingdom
Tagged Acba Bank, Armenia, EBRD, European Union (EU), finance, leadership, partnership, SMEs, sustainability, Sweden, women empowerment
(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Billerud, eco-friendly, EIB, Ivar Vatne, partnership, Pulp and Paper Mill Upgrades, sustainability, Sweden, Thomas Östros
(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Camilla Hoflund, Finland, Fortum, green transition, Laurent Leveugle, nuclear, partnership, Studsvik, sustainability, Sweden
(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release
Posted in Construction, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, Sweden
Tagged Christina Friborg, civil engineering, climate neutrality, construction, fossil-free steel, Hasslanda, Jesper Göransson, Lund, Peab, Romina Pourmokhtari, Ruukki Construction, Sami Eronen, SSAB, Sweden, Tomaten 1, Ulrika Hallengren, Wihlborgs
(IN BRIEF) AFRY, a prominent player in industry, energy, and infrastructure, has been awarded a significant framework agreement with Vattenfall Eldistribution, one of Sweden’s largest Distribution System Operators (DSOs). Under this agreement, AFRY will provide a range of technical consulting … Read the full press release
(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Continental, Norway, partnership, sustainability, Sweden, Vertech AB
(IN BRIEF) AF Gruppen’s subsidiary Kanonaden Entreprenad has secured a contract to construct and install a new series compensation station in Isovaara for Svenska kraftnät. This project, carried out in collaboration with Hitachi Energy, is part of the Aurora Line, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged AF Gruppen, Bård Frydenlund, Finland, Hitachi Energy, Isovaara, Kanonaden Entreprenad, partnership, power line, sustainability, Sweden
(IN BRIEF) wpd, a leading global developer and operator of wind and solar farms, has secured grid access for two wind farms, Broboberget and Lannaberget, in Sweden. The grid connection agreement with Ellevio allows for up to 740 MW of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Broboberget, Ellevio, Green Energy, Johanna Bohn, Lannaberget, partnership, sustainability, Sweden, wind farms, WPD
(IN BRIEF) ANDRITZ, an international technology group, will rebuild Holmen Paper’s paper machine at the Braviken mill in Sweden to enhance production flexibility. This initiative will allow Holmen Paper to increase the production of fluting for corrugated boxes while ensuring … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Gerald Steiner, Holmen Paper, innovative, Ola Schultz-Eklund, Paper Machine Rebuild, partnership, sustainability, Sweden
(IN BRIEF) SweGaN, a semiconductor manufacturer based in Sweden, has chosen AFRY to provide comprehensive support and expertise in various disciplines for the establishment of its new headquarters and semiconductor production facility in Linköping, Sweden. AFRY is assisting SweGaN in … Read the full press release
(IN BRIEF) In the 2023 Employer Branding survey by Universum, AFRY has secured the second position as one of the most attractive employers for young engineers in Sweden, particularly among BSc engineers in the “young professionals” category. AFRY’s eighth-place ranking … Read the full press release
Posted in Awards, Business, Industrial, Management, News, Sweden
Tagged 2023 Employer Branding Survey, AFRY, Awards, Sara Klingenborg, Sweden, young Engineers
(IN BRIEF) In a significant stride towards sustainable heavy transportation, Volvo Trucks is leading the way with the launch of a nationwide fast-charging network for electric trucks in Sweden, fueled by renewable energy. This pioneering initiative, set to open approximately … Read the full press release
(IN BRIEF) Finnish plant-based product producer, Oddlygood, has acquired the Nordic brand Planti® in a strategic move to strengthen its position in the plant-based dairy alternative market. The acquisition makes Oddlygood the market leader in plant-based dairy alternative spoonable snacks … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Sweden
Tagged acquisition, Finland, Kenneth Hamnes, Kimmo Luoma, leadership, Niko Vuorenmaa, Oddlygood, partnership, plant-based, Planti, sustainability, Sweden, Valio
(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a substantial order from SR Energy AB for the Horshaga wind park in southern Sweden’s Uppvidinge municipality. The order encompasses 20 V162-6.2 MW and five V150-4.5 MW wind turbines, along … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Anna Schlasberg Wachtmeister, Horshaga Wind Park, partnership, Peter Zachrisson, SR Energy AB, sustainability, Sweden, Vestas, wind turbines
(IN BRIEF) Skanska has entered into an agreement with Region Värmland to construct a groundbreaking new reception building at the Central Hospital, CSK, located in Karlstad, Sweden. Valued at approximately SEK 740 million, this contract will be recorded as part … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) Ericsson and MediaTek have collaborated to exhibit the capabilities of the Reduced Capability (RedCap) solution in the realm of 5G Standalone technology. This partnership involved successful interoperability testing (IoDT) in Sweden, where the RedCap data was tested alongside … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G, Dr. HC Hwang, Ericsson, interoperability testing (IoDT), MediaTek, partnership, RedCap, Sibel Tombaz, Sweden, technology
(IN BRIEF) Gasum, a Nordic energy company, has opened a new gas filling station in Växjö, Sweden, in response to increasing customer demand for lower-emission fuel options. The station offers renewable liquefied biogas (LBG) and liquefied natural gas (LNG), which … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged Alwex Transport, Gasum, Peter Sagebrant, Renewable Gas Filling Station, Sharareh Edström, sustainable fuel, Sweden, Växjö
(IN BRIEF) The community of Forsmark, Sweden, is experiencing economic prosperity and low unemployment, thanks in part to the local nuclear power plant. Residents have shown long-standing support for the plant, which has contributed significantly to the local economy and … Read the full press release
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