Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

Saab takes part in an EU funded preparatory action project called OCEAN2020

Trollhättan, Sweden, 17-Jan-2018 — /EuropaWire/ — Defence and security company Saab will take part in an EU funded preparatory action project called OCEAN2020. The project will demonstrate technologies for enhanced situational awareness in a naval environment using unmanned systems. OCEAN2020 came … Read the full press release

Sweden: Minister for Upper Secondary School and Adult Education and Training Anna Ekström visits Latvia and Lithuania

STOCKHOLM, 16-Jan-2018 — /EuropaWire/ — Vocational education and training, ministerial meetings and panel discussions on women’s leadership – these are some of the programme points when Minister for Upper Secondary School and Adult Education and Training Anna Ekström visits Latvia … Read the full press release

Kirk Kristiansen family investment arm KIRKBI to acquire KKR’s 49.8% stake in Välinge

The partnership with KIRKBI aims to further strengthen Välinge’s position as a leading industrial R&D company and flooring producer. Viken, Sweden, 15-Jan-2018 — /EuropaWire/ — KIRKBI, the holding and investment company of the Kirk Kristiansen family, has signed an agreement … Read the full press release

Volvo Buses and Nanyang Technological University (NTU) partner over autonomous electric 12-metre buses in Singapore

GOTHENBURG, 15-Jan-2018 — /EuropaWire/ — Volvo Buses and Nanyang Technological University (NTU) in Singapore have signed a cooperation agreement on a research and development program for autonomous electric 12-metre buses. The program is part of the Land Transport Authority of Singapore’s … Read the full press release

Marks & Spencer to sell its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim

London, 04-Jan-2018 — /EuropaWire/ — Marks & Spencer (M&S) has today (02 Jan 2018) confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on 30 December, … Read the full press release

EQT Mid-Market Credit fund to finance Metalcaucho, a leader in non-OEM spare parts

STOCKHOLM, 03-Jan-2018 — /EuropaWire/ — The EQT Mid-Market Credit fund (“EQT Credit”) today announces that it has provided a new financing solution to support the fund ABAC Solutions (SCA) SICAR (“ABAC”) and management’s investment in Metalcaucho (or the “Company”), a leader … Read the full press release

Saab unveils fixed-panel configuration of its existing and delivered AESA radar family

Defence and security company Saab has introduced the Sea Giraffe 4A Fixed Face (FF), a fixed-panel configuration of Saab’s existing and delivered active electrically scanned array, AESA, radar family. STOCKHOLM, 03-Jan-2018 — /EuropaWire/ — The radar is a derivative of Saab’s … Read the full press release

Sweden’s new Climate Act enters into force on 1st January 2018

STOCKHOLM, 02-Jan-2018 — /EuropaWire/ — Sweden’s new Climate Act enters into force today. For the first time, Sweden will have an act stating that each government has an obligation to pursue a climate policy based on the climate goals adopted … Read the full press release

Number of votes in AB Volvo changes due to Series A to Series B shares conversion

GOTHENBURG, 02-Jan-2018 — /EuropaWire/ — The number of votes in AB Volvo has changed due to the conversion of a total of 2 595 454 Series A shares to a total of 2 594 454 Series B shares. The conversions were implemented with the … Read the full press release

Husqvarna Group to acquire the Light Compaction & Concrete Equipment business from Atlas Copco

Huskvarna, Sweden, 28-Dec-2017 — /EuropaWire/ — “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of Concrete Surfaces and Floors” says Kai Wärn, President and CEO of Husqvarna Group. … Read the full press release

NIB to loan EUR 201 million to Swedavia AB for new pier at Stockholm Arlanda Airport

HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish airport operator Swedavia AB have signed a loan agreement of SEK 2 billion (EUR 201 million) for the construction of a new pier at Stockholm Arlanda Airport, outside Stockholm, Sweden. The ten-year … Read the full press release

NIB provides EUR 187 million to Ericsson for the development of 5G mobile technology

HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish telecom company Ericsson have signed a 5.5–year loan agreement totalling USD 220 million (EUR 187 million) for financing a research programme for the development of 5G mobile technology. The loan will finance … Read the full press release

German company Krauss-Maffei Wegmann GmbH orders Mobile Camouflage Systems (MCS) from Saab

STOCKHOLM, 22-Dec-2017 — /EuropaWire/ — Defence and security company Saab has received an order from the German company Krauss-Maffei Wegmann GmbH (KMW) for deliveries of Mobile Camouflage Systems (MCS). Deliveries will take place during the period 2018-2022. The Barracuda Mobile Camouflage … Read the full press release

Swedish Defence Material Administration (FMV) contracts Saab for new Gripen E equipment

STOCKHOLM, 22-Dec-2017 — /EuropaWire/ — Defence and security company Saab has received a contract from the Swedish Defence Material Administration (FMV) regarding new Gripen E equipment. This is a supplemental contract to the previously entered Gripen E contract, and is valued … Read the full press release

GKN Aerospace signs three year support, maintenance and parts supply contract extension for the Gripen RM12 Engines of the South African Air Force

  Three year contract extension with ARMSCOR for technical product support, maintenance and parts supply agreement for Gripen RM12 engine Redditch, United Kingdom, 19-Dec-2017 — /EuropaWire/ — GKN Aerospace has signed a three year contract extension worth over USD 8 M … Read the full press release

Volvo Group donates three Renault trucks, foodstuffs and other essential supplies to support French association “Les Restos du Cœur”

Renault Trucks in France, part of the Volvo Group, and its employees are committed to the French association “Les Restos du Cœur”. The initiative is part of the annual charity gift of the Volvo Group. This year, the Group has … Read the full press release

Scania to invest SEK 1.5 billion in a new foundry in Södertälje, Sweden in order to triple production capacity

Södertälje, Sweden, 18-Dec-2017 — /EuropaWire/ — Scania plans to invest about SEK 1.5 billion in a new foundry in Södertälje, Sweden, in order to triple production capacity and achieve a 50 percent reduction in energy consumption compared to the technology and … Read the full press release

Volvo Group: Martin Weissburg becomes President of Mack Trucks effective June 1, 2018

Martin Weissburg, currently President of Volvo Construction Equipment, will become President of Mack Trucks effective June 1, 2018, in which capacity he will continue to be a member of the Executive Board for the Volvo Group. GOTHENBURG, 12-Dec-2017 — /EuropaWire/ … Read the full press release

Ahlstrom-Munksjö will engage in plant-level sustainability trainings throughout the Group to integrate the principles of the UN Global Compact

STOCKHOLM, 08-Dec-2017 — /EuropaWire/ — In November 2017, Ahlstrom-Munksjö committed to the United Nations Global Compact’s ten principles for ethical business practices by joining the initiative. The company is now among nearly 8,000 companies worldwide that have affirmed their dedication to … Read the full press release

MBNL extends network managed services contract with Ericsson

Network-sharing joint venture between Three and EE extends network managed services contract for a further two years from June 2018 to May 2020 Ericsson remains responsible for central operations, network performance and optimization, field services and multi-vendor spare parts management … Read the full press release

Chemistry laureate Professor Jacques Dubochet to hold a lecture at Umeå University on Wednesday 13 December

Umeå, Sweden, 05-Dec-2017 — /EuropaWire/ — Professor Jacques Dubochet, one of this year’s three Nobel laureates in Chemistry, is visiting Umeå University on Wednesday 13 December to hold a lecture on his revolutionising research. Together with Joachim Frank and Richard Henderson, … Read the full press release

Skanska signs EUR 200M green multi-currency revolving credit facility to back up its Green Projects

STOCKHOLM, 04-Dec-2017 — /EuropaWire/ — Skanska has signed a EUR 200M green multi-currency revolving credit facility. The facility carries a tenor of 2 years with an option for a 1-year extension. The facility is signed by Skanska Financial Services, with the … Read the full press release

Skanska signs with Duke University to build the Hollows West Campus Residence Hall in Durham, North Carolina

STOCKHOLM, 04-Dec-2017 — /EuropaWire/ — Skanska has signed a contract with Duke University to build the Hollows West Campus Residence Hall in Durham, North Carolina, USA. The final phase of the contract is worth USD 61M, about SEK 520M, which will … Read the full press release

Ahlstrom-Munksjö launches unique filtration media specifically designed for pulse jet gas turbine applications

STOCKHOLM, 01-Dec-2017 — /EuropaWire/ — Ahlstrom-Munksjö, a global leader in fiber-based materials, announces the launch of Ahlstrom-Munksjö Trinitex® Advance W3000, a unique filtration media specifically designed for pulse jet gas turbine applications. “Trinitex® Advance W3000 has the ability to combine EPA … Read the full press release

Axiomatics Releases New Version of SmartGuard™ for Big Data

Upgrades Enhance Ease-of-Use and Accelerated Functionality STOCKHOLM, 29-Nov-2017 — /EuropaWire/ — Axiomatics, the leader in fine-grained dynamic authorization, today announced the availability of SmartGuard™ for Big Data 1.2, the only authorization solution that fully supports Attribute Based Access Control (ABAC) … Read the full press release

Orkla to acquire Swedish eCommerce portals Gymgrossisten and Bodystore

OSLO, 28-Nov-2017 — /EuropaWire/ — Orkla has entered into an agreement to purchase the Swedish company Health and Sports Nutrition Group HSNG AB (“HSNG”). HSNG runs the eCommerce portals Gymgrossisten and Bodystore, and is the biggest online health and sport nutrition … Read the full press release

MTG Studios: Crime drama ‘Wisting’ will be one of Norway’s biggest ever drama productions

STOCKHOLM, 27-Nov-2017 — /EuropaWire/ — The next original series from MTG Studios will be Norwegian crime drama ‘Wisting’, which will be one of Norway’s biggest ever drama productions and is supported by the Norwegian Film Institute. Filming starts in January 2018 … Read the full press release

The world’s strongest environmental labels combine their vision for a greener future

STOCKHOLM, 25-Nov-2017 — /EuropaWire/ — Putting words into action was the theme of the annual conference and Annual General Meeting (AGM) of the Global Ecolabelling Network (GEN) in Stockholm, Sweden, in October this year. Sponsored by GEN members Nordic Ecolabelling, TCO … Read the full press release

Saab to deliver a Mass Field Feeding Capability to the South African National Defence Force

STOCKHOLM, 22-Nov-2017 — /EuropaWire/ — Defence and security company Saab has been awarded a contract to deliver a Mass Field Feeding Capability to the South African National Defence Force (SANDF). The contract will supply the SANDF with mobile containerised kitchens systems … Read the full press release

Anna’s Gender Equality Prize for 2017 awarded to Swedbank

Anna’s Gender Equality Prize for 2017, is awarded Swedbank with the statement that the bank, through its dedicated and long-term commitment, has achieved major concrete successes in the field of gender equality and diversity. STOCKHOLM, 21-Nov-2017 — /EuropaWire/ — Anna’s … Read the full press release