Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

(IN BRIEF) Sandvik, a global leader in mining solutions, has secured a significant order from Codelco, the world’s largest copper producer. Valued at around SEK 300 million, the order is for Sandvik’s AutoMine® load and haul automation system to be … Read the full press release

AFRY Strengthens Renewable Energy Portfolio with Carelin Oy Acquisition

(IN BRIEF) AFRY has announced its acquisition of Carelin Oy, a leading provider of project management, energy, and asset care services in the Finnish renewable energy market. This strategic move aims to enhance AFRY’s offerings in the renewables sector, allowing … Read the full press release

The European companies at MWC Barcelona 2024: AI, 5G, VR, XR, Cybersecurity, Digital Transformation, Entertainment, etc.

(IN BRIEF) At the Mobile World Congress (MWC) Barcelona 2024, European companies showcased a wide array of innovations and strategic partnerships that underscored their commitment to driving digital transformation and enhancing connectivity across various sectors. The key topics discussed by … Read the full press release

EQT Private Capital Asia Completes Block Trade, Exits Stake in India’s CMS Info Systems

(IN BRIEF) EQT Private Capital Asia has finalized the sale of its remaining 26.7 percent stake in CMS Info Systems Limited, India’s foremost cash management company, through a USD 187 million block trade. During EQT’s ownership, CMS strengthened its market … Read the full press release

Telefónica and Ericsson Unveil the Technological Marvels Behind Lang Lang’s Unforgettable Concert Experience

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica and Ericsson divulged the technical intricacies behind the groundbreaking concert featuring Chinese pianist Lang Lang at the Gran Teatre del Liceu in Barcelona. Leveraging the power of 5G technology, the event … Read the full press release

Vattenfall Advances Plans for Negative Emissions Facility in Jordbro, Stockholm

(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release

Optus and Ericsson Achieve Significant Energy Savings with Dynamic Efficiency Solutions for 5G Networks

(IN BRIEF) Optus and Ericsson have collaborated to deploy dynamic energy efficiency software solutions in Optus’s 5G mobile network, resulting in a potential incremental reduction in energy consumption across the network’s Ericsson radio access footprint. The implemented solutions, including Massive … Read the full press release

Ericsson and O2 Telefónica Forge Ahead with Cloud RAN Deployment in Europe

(IN BRIEF) Ericsson and O2 Telefónica are set to deploy Cloud RAN technology in Offenbach, Germany, in the first half of 2024, marking the introduction of Ericsson Cloud RAN in Europe. This joint initiative aims to leverage virtualization and cloud … Read the full press release

AT&T and Ericsson Achieve Milestone with Cloud RAN Deployment for Open RAN

(IN BRIEF) AT&T and Ericsson have achieved a significant milestone in their collaboration by completing a Cloud RAN call, marking progress in deploying Open RAN. The successful deployment, located south of Dallas, Texas, signifies the acceleration of AT&T’s C-Band deployment … Read the full press release

Ericsson-Intel Tech Hub Achieves Milestone with Successful Cloud RAN Call Using Future Xeon Processor

(IN BRIEF) The Ericsson-Intel Tech Hub, stationed in Santa Clara, USA, has reached a significant milestone with the successful completion of a Cloud RAN call utilizing Intel’s future Xeon processor, Granite Rapids-D. This achievement underscores the hub’s role as a … Read the full press release

Ericsson and Intel Showcase Breakthrough in Core Network Energy Efficiency at MWC

(IN BRIEF) Ericsson and Intel have unveiled groundbreaking advancements in core network energy efficiency at Mobile World Congress (MWC), demonstrating a remarkable 3.2x performance increase and over 40 percent energy savings in core network servers using Intel® Xeon® Next-Gen processors. … Read the full press release

Ericsson Türkiye Spearheads AI-Driven 6G Security Solutions in ROBUST-6G Project

(IN BRIEF) Ericsson Research Türkiye leads the ROBUST-6G project, contributing to the development of cutting-edge security solutions for 6G networks. The project aims to address the cybersecurity challenges of future 6G services and networks by leveraging AI/ML techniques and zero-touch … Read the full press release

Michelin, Antin, and Enviro Collaborate on Revolutionary Tire Recycling Plant in Sweden

(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

Next-Level 5G Experience: Ericsson and Telefónica Launch Innovative Network Slicing Solution

(IN BRIEF) Ericsson and Telefónica have introduced a pioneering initiative allowing consumers to access enhanced 5G services through on-demand network slicing. Tested at the 5TONIC Lab in Madrid, this proof of concept enables subscribers to customize their service experience with … Read the full press release

Singtel Partners with Ericsson to Drive Innovation in 5G Connectivity Solutions

(IN BRIEF) Ericsson has announced Singtel’s participation in its Startup 5G program, aimed at fostering innovation in 5G solutions and applications. Singtel will gain access to Ericsson’s research data and collaborate with startups in areas like gaming, e-commerce, and smart … Read the full press release

Swedbank’s Progress Report: Navigating Towards a Sustainable 2025 Vision

(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release

Airtel and Ericsson Showcase Breakthrough 5G mmWave Functionality in India

(IN BRIEF) Bharti Airtel and Ericsson have successfully demonstrated the functionality of mmWave 5G on Airtel’s network in India, achieving peak speeds of 4.7Gbps during testing. This milestone showcases the potential of mmWave technology for delivering high network capacity, particularly … Read the full press release

Ericsson and TDC NET Pioneer Virtual Reality Training for Engineers

(IN BRIEF) Ericsson and TDC NET have initiated a groundbreaking collaboration to provide Virtual Reality (VR) training for TDC NET’s engineers, marking the first of its kind in the Nordics. This innovative approach replaces traditional 2D screen training with immersive … Read the full press release

Skanska AB Sets Agenda for Upcoming Annual General Meeting

(IN BRIEF) Skanska AB (publ), a leading construction and development company, has announced its Annual General Meeting (AGM) scheduled for March 27, 2024, in Stockholm, Sweden. Shareholders are invited to attend or vote by proxy, with key agenda items including … Read the full press release

Trilogy NextGen Unveils Private 5G Network at TBN Studio, Revolutionizing Broadcasting

(IN BRIEF) Trilogy NextGen introduces a cutting-edge private 5G network deployment at Trinity Broadcasting Network’s (TBN) new PLEX studio in Dallas-Fort Worth, leveraging Microsoft Azure private multi-access edge compute (MEC) and Ericsson’s 5G Radio Dot System. This innovative network enables … Read the full press release

Skanska to Construct Sustainable Residential and Commercial Complex in Gothenburg’s Masthuggskajen

(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release

Skanska and Obos Invest NOK 1.1 Billion in Sustainable Residential Block in Fornebu, Norway

(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release

Sweco Joins EU4Sevan Initiative to Assess Lake Sevan’s Water Level Impact

(IN BRIEF) Sweco, a consultancy firm, is participating in a project under the EU4Sevan program to assess the potential impact of raising the water level of Lake Sevan by over 6 meters. Lake Sevan is vital for Armenia’s irrigation, freshwater … Read the full press release

Ericsson Authorizes Transfer of Own Shares to Cover Compensation Program Costs

(IN BRIEF) Ericsson (NASDAQ:ERIC) has announced that it will be exercising its authorization granted at the annual general meeting on March 29, 2023, to transfer the company’s own shares. This decision allows Ericsson to retain and sell up to 60% … Read the full press release

Alfa Laval Releases Updated Pump Handbook: A Comprehensive Guide to Pump Selection and Efficiency

(IN BRIEF) Alfa Laval has unveiled the latest edition of its esteemed Pump Handbook, a 375-page resource offering detailed insights into pump functionality, selection, and efficiency optimization. Originally introduced 25 years ago, the handbook has become a staple in engineering … Read the full press release

European Investment Bank Group Records Historic €2.91 Billion Financing for Swedish Projects in 2023

(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

Skanska Commits PLN 126M to Eco-Friendly Residential Project ‘Stilla’ in Warsaw

(IN BRIEF) Skanska, a leading construction company, is investing PLN 126 million in the development of the residential project “Stilla” in Warsaw, Poland. The project comprises two adjacent buildings with a total of 179 apartments, featuring innovative eco-friendly solutions aimed … Read the full press release

Sweco Leads Sustainable Südspidol Hospital Complex Project in Luxembourg

(IN BRIEF) Sweco, a leading technology consulting firm, will lead a consortium tasked with developing the new Südspidol hospital complex in Esch-sur-Alzette, Luxembourg, scheduled for full operation by 2033. Partnering with Centre Hospitalier Emile Mayrisch (CHEM), Sweco will oversee the … Read the full press release

Rally Sweden 2024: Studded Sottozero Tyres Only; Route Features Technical Challenges

(IN BRIEF) The 2024 edition of Rally Sweden, marking the second round of the WRC and the first for the Junior category, introduces significant changes to the route compared to the previous year. Teams will face technical sections with more … Read the full press release

Knut and Alice Wallenberg Foundation and SciLifeLab Announce 2024 Proof of Concept Grant Opportunity in Life Science

(IN BRIEF) Knut and Alice Wallenberg Foundation, in collaboration with SciLifeLab, have introduced the 2024 Proof of Concept Grant in Life Science, aiming to bridge the funding gap between academic research and innovation. This grant offers researchers the chance to … Read the full press release

EQT Infrastructure Terminates Planned Acquisition of Italy’s Largest Mobile Network from Wind Tre

(IN BRIEF) EQT Infrastructure VI fund has confirmed the termination of its agreement to acquire a majority stake in Italy’s largest mobile network from Wind Tre, as announced on May 12, 2023. The decision to terminate the transaction was made … Read the full press release

Advancing Traffic Management: Kapsch TrafficCom to Overhaul Sweden’s Signal System

(IN BRIEF) Kapsch TrafficCom has been chosen by the Swedish Transport Administration, Trafikverket, to replace Sweden’s national centralized traffic signal control and monitoring system. This project will enhance the country’s traffic management infrastructure by implementing Kapsch TrafficCom’s EcoTrafiX™ Command software, … Read the full press release

Telstra and Ericsson Collaborate with AMD for Energy-Efficient 5G Core Deployment

(IN BRIEF) Telstra and Ericsson have unveiled a groundbreaking deployment of high-density microprocessors from Advanced Micro Devices (AMD) within Ericsson’s Cloud Native Infrastructure Solution (CNIS), bolstering Telstra’s 5G Core functions with notable energy efficiency. The deployment features AMD’s Genoa processors, … Read the full press release

Vodafone Romania Partners with Ericsson to Accelerate 5G Deployment and Network Upgrade

(IN BRIEF) Vodafone Romania has selected Ericsson as a key partner for upgrading its current infrastructure and deploying 5G networks, aiming to bring enhanced connectivity speeds, low latency, and reliable performance to consumers and enterprises. Under the six-year agreement, Ericsson … Read the full press release

EQT X Reaches 30-35% Investment Milestone

(IN BRIEF) EQT X has achieved a significant milestone, with expectations to be 30-35% invested based on its target fund size, subject to regulatory approvals. This development signals progress for EQT X, highlighting its commitment to strategic investments. However, it’s … Read the full press release

Swedfund Boosts Financial Inclusion in Côte D’Ivoire with $5 Million Investment in Bridge Bank Microfinance

(IN BRIEF) Swedfund has announced a significant investment of USD 5 million in Teyliom Finance’s subsidiary, Bridge Bank Microfinance, as part of its mission to enhance financial empowerment for micro, small, and medium-sized enterprises (MSMEs) in Côte D’Ivoire. This investment, … Read the full press release

Ericsson and Indian Statistical Institute Forge Alliance to Advance Research in Cyber-Physical Systems

(IN BRIEF) Ericsson has signed a three-year Memorandum of Understanding (MoU) with the Indian Statistical Institute (ISI) to establish a collaborative research center for Cyber-Physical Systems (C-CPS). Under the C-CPS umbrella, Ericsson Research will collaborate with ISI on various research … Read the full press release

Ericsson Unveils AI-Powered Intent-Based Operations for Enhanced 5G Services

(IN BRIEF) Ericsson has introduced AI-powered intent-based operations within its managed services portfolio, Ericsson Operations Engine, aiming to facilitate premium 5G services for consumers and enterprises. This new capability translates business requirements into real-time network actions, leveraging a vast telco … Read the full press release

Vonage and Verizon Forge Alliance to Drive Network API Innovation

(IN BRIEF) Vonage, under Ericsson ownership, and Verizon, a leading US communications service provider, have announced a collaboration aimed at integrating Verizon’s network Application Programming Interfaces (APIs) into the Vonage platform. This memorandum of understanding (MoU) signifies their joint effort … Read the full press release

ClimateView and AFRY Join Forces to Drive Global Climate Action in Cities

(IN BRIEF) Swedish technology firm ClimateView and global engineering company AFRY have partnered to assist cities, municipalities, and regions in accelerating their path to carbon neutrality. Recognizing cities as pivotal players in combating climate change due to their significant carbon … Read the full press release