(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024, Saab
(IN BRIEF) Hexagon AB announces its first-quarter 2024 financial results, demonstrating a 3% organic revenue growth and a 1% increase in net sales compared to the previous year. The company achieved an adjusted gross margin of 66.5% and a 1% … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Financial, First Quarter 2024, Hexagon AB, investment
(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, SBMT Asset, Skanska, South Brooklyn Marine Terminal, sustainability, upgrade, USA
(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release
(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) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged biofuel, Boliden, carbon neutrality, hydrogen, Joachim Nordin, Mats Gustavsson, Nevel, partnership, Per Callenberg, Skellefteå Kraft, Stefan Johnsson, sustainability, Sveaskog, Sweco
(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, financial innovation, Foundation for Innovation & Research in Science & Technology (F.I.R.S.T), IIT Kanpur, INDIA, Michael Wallis-Brown, Nitin Bansal, partnership, Prof. Ankush Sharma, sustainability
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Sara Forsberg, currently serving as the acting manager for Vehicle Development at Scania R&D, has been promoted to Executive Vice President, Chief Technical Officer, and Head of Brand Identity Development, effective May 1, 2024. With a career spanning … Read the full press release
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(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) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, INNOVATION, Mr. Bill Chang, Network APIs, Niklas Heuveldop, partnership, Singapore, Singtel, sustainability, Vonage
(IN BRIEF) Sweco AB (publ) concluded its Annual General Meeting, ratifying proposals from the Board of Directors and the Nomination Committee. The meeting re-elected seven Directors and granted discharge of liability for the financial year 2023. Ernst & Young AB … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged AGM 2024, Alf Göransson, appointment, Åsa Bergman, Christine Wolff, Financial, investment, Johan Hjertonsson, Johan Nordström, Johan Wall, leadership, Susanne Pahlén Åklundh, Sweco
(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release
(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release
(IN BRIEF) Eviden, an Atos business specializing in advanced computing, and CEA have jointly announced the delivery of the EXA1 HE (High Efficiency) supercomputer, marking a significant milestone in the EXA1 program. The system, based on Eviden’s BullSequana XH3000 technology, … Read the full press release
(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Telecom
Tagged Digital Future, Ericsson, Europe Union, IBM, Intel, Nokia, partnership, Robert Condon, vodafone
(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) AFRY played a pivotal role as the technical advisor to EnfraGen in its acquisition of a 188 MW renewable energy portfolio in Panama and Costa Rica, earning the esteemed “Acquisition Deal of the Year” award. EnfraGen, a key … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, AFRY, Angel Arancibia, Costa Rica, EnfraGen, Latin America, Panama, partnership, sustainability
(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024 Interim Report, Saab
(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged appointment, Chief Digital Officer, digitalization, leadership, Micael Johansson, Mikael Adelsberg, Saab
(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) Saab has clinched an initial three-year contract, valued at £60 million, with the UK Ministry of Defence (MoD) to provide support for Live Simulation systems featuring Instrumented Live Training (ILT-D). Replacing the previous Direct Fire Weapon Effect Simulator … Read the full press release
(IN BRIEF) A new report commissioned by FAM and conducted by AFRY highlights the significant climate benefits of forest products, often overlooked in EU policies focused solely on carbon sinks. The report underscores the importance of recognizing the substitution effect, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Climate Benefits, EU Transition, FAM, Forest Products, Håkan Buskhe, Jonas Gustavsson, partnership, sustainability
(IN BRIEF) Amatera Renewable Energy Corporation (ARECO) has appointed AFRY as the owner’s engineer for the construction of a 65MWp solar photovoltaic (PV) plant in Bacolod, Philippines. The project, known as The Vista Alegre, aims to provide clean energy to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Amatera Renewable Energy Corporation (ARECO), Bacolod, partnership, Petteri Härkki, PHILIPPINES, Solar PV Plant, sustainability, Vista Alegre
(IN BRIEF) After 26 years with SSAB, Martin Lindqvist, the President and CEO for the past 13 years, has announced his decision to step down to focus on his board career. During his tenure, Lindqvist led SSAB through significant transformations, … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, Sweden
Tagged appointment, CEO, leadership, Lennart Evrell, Martin Lindqvist, SSAB
(IN BRIEF) EQT AB, known for its long-term business model, emphasizes its commitment to delivering consistent returns over a 5 to 10-year period. While acknowledging the market’s emphasis on quarterly financial statements, EQT believes such reports are less relevant given … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT AB, Financial, investment
(IN BRIEF) The Bicentennial Schools Programme, a collaborative effort between the Government of Peru, the UK Government, and Finland, aims to bolster school infrastructure and enhance access to education by constructing 75 schools across Peru. AFRY, as part of the … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, United Kingdom
Tagged AFRY, Education Infrastructure, Finland, Koulu Consortium, partnership, PERU, sustainability, UK Government
(IN BRIEF) Hexagon, the global leader in digital reality solutions, is set to release its Interim Report for the first quarter of 2024 on Friday, April 26, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged 2024 Interim Report, Financial, Hexagon, investment, Paolo Guglielmini
(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Emmanuel Croc, energy sector, environmental solutions, EQT, Fabian Gröne, France, Guillaume d’Engremont, Ocea Group, partnership, sustainability, Thomas Rajzbaum
(IN BRIEF) The Municipality of The Hague in the Netherlands has selected Vattenfall InCharge to manage and maintain its 5,400 public charging points, with plans to add 3,200 more over the next four years. This expansion aims to support sustainable … Read the full press release
Posted in Automotive, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Arjen Kapteijns, partnership, Pieter van Ommeren, Public Charging Infrastructure, sustainability, The Hague, Vattenfall InCharge
(IN BRIEF) Skanska has secured a significant contract worth USD 1.4 billion from the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The project aims to enhance seismic resiliency by replacing the existing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged partnership, Portage Bay Bridge, Skanska, sustainability, USA
(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 World Autism Awareness Day, Vattenfall highlights its commitment to inclusivity, particularly within its IT division. Partnering with Unicus since 2020, Vattenfall IT has been providing employment opportunities for individuals with autism, fostering a culture of acceptance and … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden, Technology
Tagged Awards, Employment, inclusivity, Jens Zerbst, Neurodiversity, partnership, society, Vattenfall IT, World Autism Awareness Day
(IN BRIEF) TNB Renewables Sdn Bhd (TRe), a subsidiary of Tenaga Nasional Berhad (TNB), has enlisted AFRY as the owner’s engineer for a significant solar photovoltaic (PV) project in Kedah, Malaysia. The project, known as the Corporate Green Power Programme … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Corporate Green Power Programme (CGPP), Malaysia, partnership, Petteri Härkki, Solar PV Project, sustainability, TNB Renewables
(IN BRIEF) SIX, a leading provider of financial data and analytics, has acquired a majority stake in FactEntry, a global fixed income data and solutions provider. The acquisition, finalized on March 27, 2024, enhances SIX’s data offerings, particularly in fixed … Read the full press release
Posted in Business, Financial, Investment, Management, Sweden
Tagged acquisition, analytics, cross-asset data capabilities, FactEntry, financial data, financial market participants, Fixed Income Data Provider, fixed income reference data, Fixed Income Solutions Provider, Marion Leslie, reference data, SIX
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