Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Skanska Secures Major Lease Agreement with Boston Consulting Group in Houston’s 1550 on the Green

(IN BRIEF) Skanska has secured a substantial 12-year lease with Boston Consulting Group (BCG) for office space in Houston’s 1550 on the Green building, filling 48% of the tower. This follows a previous lease with Norton Rose Fulbright. The building, … Read the full press release

Nordex Group Surpasses 5 GW Milestone in Nordic Region with Kalistanneva Wind Farm Installation

(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release

Skanska Sells Hørkær Have Project in Denmark to NREP for DKK 737M

(IN BRIEF) Skanska has sold the Hørkær Have multi-family rental project in Herlev, Denmark, to NREP for DKK 737 million. The project, spanning 22,720 square meters, will feature 264 rental apartments with associated parking spaces, all equipped for electric car … Read the full press release

Caldic’s Nordic Expansion: Partners with AFRY for New Facility in Jägersro to Boost Sustainable Ingredient Production

(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release

Scania Launches Erinion to Spearhead Electric Charging Solutions

(IN BRIEF) Scania CV AB unveils Erinion, a pioneering venture focused on delivering private and semi-public charging solutions, aiming to facilitate customers’ transition to electric transport. With plans to install 40,000 new charging points at customer locations, Erinion marks a … Read the full press release

Saab Unveils Game-Changing Compact Radar Module for Rapid Deployment

(IN BRIEF) Saab introduces the Compact Radar Module, an integrated system combining the Giraffe 1X radar with a lightweight module for enhanced mobility and rapid deployment in urgent operational scenarios. With a press of a button, the antenna folds into … Read the full press release

SEB Affirms Commitment to Inclusion by Joining Stockholm Pride 2024

(IN BRIEF) SEB, a prominent financial institution, has announced its inaugural participation as an official partner in Stockholm Pride 2024, highlighting its commitment to fostering inclusivity within the organization and beyond. Johan Torgeby, SEB’s President and CEO, emphasized the bank’s … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

Stora Enso and Altris Unite to Drive Eco-Friendly Battery Solutions in Europe

(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release

Vattenfall Celebrates Diversity Month and Prepares for Pride Season 2024

(IN BRIEF) Vattenfall recently concluded its Diversity Month, a series of events aimed at highlighting the various dimensions of diversity within the company. From gender and sexual orientation to ethnicity and worldview, the initiative emphasized the importance of equity in … Read the full press release

Fortum Embarks on a New Chapter: Integrating Hydropower Maintenance Team for Enhanced Efficiency and Community Focus

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release

Belgian Air Traffic Control Enters New Era with Saab’s Digital Tower Technology

(IN BRIEF) Recently unveiled in Steenokkerzeel, Belgium, the Digital Tower Test Centre by Skeyes, the Belgian air traffic service provider, stands as a testament to technological innovation. Developed in collaboration with Saab, a pioneer in digital air traffic management technology, … Read the full press release

Telefonaktiebolaget LM Ericsson Announces Increase in Shares and Votes Following Treasury Stock Expansion

(IN BRIEF) Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) has disclosed the updated number of shares and votes as of May 31, 2024, with a total of 3,348,251,735 shares, including 261,755,983 A shares and 3,086,495,752 B shares. The total votes amount to … Read the full press release

RWE and Smålandshamnar AB Join Forces to Boost Offshore Wind Logistics in Baltic Sea

(IN BRIEF) RWE, a prominent offshore wind leader, and Smålandshamnar AB, operator of the Port of Oskarshamn, have inked a Memorandum of Understanding (MoU) to collaborate on logistics operations for future offshore wind farms in the Baltic Sea. This partnership … Read the full press release

Hydro Extrusion Sweden Launches Onsite Renewable Energy Production for Zero Emissions

(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release

Alfa Laval Showcases Sustainable Marine Solutions at Posidonia 2024

(IN BRIEF) Alfa Laval is set to present its comprehensive range of marine equipment, solutions, and services at the upcoming Posidonia 2024 shipping exhibition in Athens, Greece. The company’s participation emphasizes its commitment to supporting sustainable shipping practices. Alfa Laval’s … Read the full press release

Ericsson and Telcaria Collaborate to Enhance Energy Efficiency in 5G Networks

(IN BRIEF) Ericsson and Telcaria have joined forces to improve the energy efficiency of 5G networks as part of the ‘6G DAWN’ project overseen by CTTC and funded under Spain’s government initiatives. Focused on optimizing private 5G networks for reduced … Read the full press release

XL Axiata Partners with Ericsson to Deploy Dual-Mode 5G Core, Paving the Way for Enhanced Connectivity in Indonesia

(IN BRIEF) XL Axiata collaborates with Ericsson to introduce its dual-mode 5G Core solution, marking a significant advancement in Indonesia’s telecommunications landscape. This innovative technology seamlessly integrates 4G and 5G services into a single, cloud-native core network, ensuring operational efficiency … Read the full press release

Alfa Laval Introduces PureBallast 3 Ultra: Next-Level Ballast Water Management System

(IN BRIEF) Alfa Laval unveils PureBallast 3 Ultra, the latest evolution of its leading ballast water management system (BWMS), set to redefine industry standards with enhanced performance, efficiency, and ease of installation. Building upon two decades of experience, PureBallast 3 … Read the full press release

Advansia to Lead Development of NRK’s Innovative Oslo Headquarters

(IN BRIEF) Advansia, part of AFRY, has secured an advisory contract with NRK, the Norwegian public broadcaster, to oversee the development of their new headquarters in Oslo. The project aims to create a world-class media house, emphasizing sustainability and fostering … Read the full press release

Ericsson Maintains Leadership Position in 5G Network Infrastructure Market for Fourth Consecutive Year

(IN BRIEF) For the fourth consecutive year, Ericsson secures the top ranking in Frost Radar™ 5G Network Infrastructure Market 2024 analysis, underscoring its commitment to innovation and technology leadership in meeting the evolving needs of communications service providers (CSPs). The … Read the full press release

EQT MMG Fund Surpasses Target, Closing at USD 1.6 Billion

(IN BRIEF) EQT celebrates the successful final close of the BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD 1.6 billion, exceeding its original target of USD 750 million. This achievement underscores the growing interest in Asia’s mid-market segment and … Read the full press release

Valokuitunen: Transforming Finland’s Fiber Landscape with CapMan Infra and Telia Company

(IN BRIEF) CapMan Infra and Telia Company’s joint venture, Valokuitunen Oy, has emerged as the leading fibre-to-the-home (FTTH) provider in Finland, witnessing exponential growth from 20,000 to over 300,000 households within a few years. The company’s success is attributed to … Read the full press release

Ericsson Report Forecasts Doubling of AR Device Adoption in Next Five Years

(IN BRIEF) A new report from Ericsson ConsumerLab reveals insights into the future of augmented reality (AR) technology, based on a survey of 10,000 early adopter consumers across ten markets. The report, titled “Augmented Tomorrow: AR Experiences Beyond Smartphones and … Read the full press release

Ericsson Unveils Innovative 5G Toolkit and Use Cases at Imagine Live Roadshow

(IN BRIEF) Ericsson has introduced a new software toolkit to enhance 5G Standalone network capabilities, enabling premium services with differentiated connectivity, showcased at the Ericsson Imagine Live Roadshow. The toolkit addresses the increasing demands on network capacity and performance by … Read the full press release

IKEA Stores Transform Car Parks into Flea Markets to Promote Sustainability

(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

Vossloh Expands into Swedish Rail Infrastructure Market with Acquisition of Scandinavian Track Group

(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

Scania Launches Autonomous Mining Trucks, Paving the Way for Safer and Sustainable Operations

(IN BRIEF) Scania announces the commencement of sales for its autonomous mining trucks, marking a significant milestone in the realization of autonomous transport. The company’s self-driving mining solutions offer safer, more efficient, and sustainable mining operations. With the ability to … Read the full press release

Ericsson Expands USA 5G Smart Factory with $50 Million Investment

(IN BRIEF) Ericsson hosted an exclusive event at its USA 5G Smart Factory in Texas, showcasing its cutting-edge facility to key stakeholders. The company announced an additional $50 million investment in the factory, following an initial $100 million investment in … Read the full press release

Tele2 and Ericsson Elevate Fan Experience with 5G Upgrade at Friends Arena, Redefining Live Event Connectivity

(IN BRIEF) Tele2, in collaboration with Ericsson, has transformed the fan experience at the Friends Arena in Stockholm with a cutting-edge 5G upgrade, just in time for one of Sweden’s largest concerts. With the surge in demand for seamless connectivity … Read the full press release

Outokumpu Achieves Full ResponsibleSteel Certification Across European Sites, Leading Sustainable Steel Production in the Nordics

(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

Volvo Group and Daimler Truck Forge Joint Venture for Software-Defined Commercial Vehicles

(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release

Skanska Secures Contract to Construct Virginia Tech’s State-of-the-Art College of Engineering

(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release

Atlas Copco Group Hosts Capital Markets Day to Outline Growth Strategy

(IN BRIEF) Atlas Copco Group convenes its Capital Markets Day in Belgium, offering insights into the company’s strategy, global operations, and development plans. The event, held in Mechelen and broadcast live, features presentations by the Presidents of the Compressor Technique … Read the full press release

NIB Partners with City of Stockholm to Build World’s Largest Underground Wastewater Treatment Facility

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release

ANDRITZ Completes Acquisition of NAF AB, Expanding Control Valve Portfolio

(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

Boliden Joins Ericsson and Telia’s NorthStar 5G Program for Advanced Mining Operations

(IN BRIEF) Boliden, a leading Swedish metals, mining, and smelting company, is partnering with Ericsson and Telia to enhance its mining operations through the NorthStar 5G innovation program. By upgrading its private 5G network in the Kankberg mine, Boliden aims … Read the full press release

Ericsson and Umniah Sign MoU to Expand 3G and 4G Network in Jordan

(IN BRIEF) Ericsson and Umniah have inked a memorandum of understanding (MoU) to extend the 3G and 4G network in major Jordanian cities. The expansion, facilitated by Ericsson Radio System products and solutions, utilizes 10 megahertz (MHz) of spectrum, enhancing … Read the full press release

STARK Group Expands Logistics with New Central Warehouse in 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

Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System

(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release