Category Archives: Sweden

Press Releases & News from Sweden distributed via EuropaWire

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

Saab Achieves Strong Growth in 2023: Year-End Report Highlights and Strategy Execution Update

(IN BRIEF) Saab releases its year-end report for 2023, showcasing significant growth and positive performance indicators. President and CEO Micael Johansson highlights the company’s successful navigation through a changing market reality, with notable increases in orders, sales, and investments in … Read the full press release

Vattenfall Recognized as Global Environmental Leader by Carbon Disclosure Project

(IN BRIEF) Vattenfall, a leading energy company, has achieved the highest rating in the Carbon Disclosure Project’s (CDP) environmental disclosure ranking for 2023. Among nearly 400 companies worldwide, Vattenfall has secured a place on CDP’s prestigious ‘A-list,’ recognizing it as … Read the full press release

Ericsson Joins OpenAirInterface Alliance to Advance Open RAN and 6G Development

(IN BRIEF) Ericsson has announced its strategic membership in the OpenAirInterface Software Alliance (OSA), signaling a commitment to fostering collaboration and innovation within the Open RAN ecosystem. The OSA, known for its dedication to community-driven open-source software development, welcomes Ericsson’s … Read the full press release

Skanska Secures Major Contract for LaGuardia Airport Infrastructure Upgrade

(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release

SEB Maintains Dominance as Nordic Sustainability Advisor

(IN BRIEF) SEB has been ranked as the top sustainability advisor for large companies and financial institutions in the Nordics for the fourth consecutive year. The ranking covers Sweden, Finland, Denmark, and the overall Nordic region. Prospera’s Sustainability Advisor 2023 … Read the full press release

Gasum to Invest €62 Million in Borlänge Biogas Plant to Boost Renewable Energy Production

(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release

ASSA ABLOY Sells PACA Elevator Maintenance Business in France to KONE

(IN BRIEF) ASSA ABLOY has completed the sale of its elevator maintenance business, PACA ascenseur (“PACA”), located in Southern France, to KONE. The sale is part of ASSA ABLOY’s strategic focus on its core business portfolio. PACA, with approximately 210 … Read the full press release

Ericsson and IIT Kharagpur Form Strategic Partnership for Advancing 6G Research in India

(IN BRIEF) Ericsson and the Indian Institute of Technology Kharagpur (IIT Kharagpur) have entered a long-term collaboration focusing on joint research in the fields of AI, Compute, and Radio, with a particular emphasis on 6G technology development. Through this partnership, … Read the full press release

Skanska Hosts CEO Alliance Meeting for Accelerating Europe’s Climate Transition

(IN BRIEF) On February 1, 2024, Skanska organized the CEO Alliance meeting at the European Spallation Source (ESS) in Lund, Sweden, where CEOs of member companies from various industries convened to discuss collaborative strategies for sustainable business development and innovation. … Read the full press release

Nuvia, a VINCI Construction Subsidiary, Secures Major Contract for Ringhals Nuclear Plant Decommissioning in Sweden

(IN BRIEF) Swedish energy company Vattenfall has awarded Nuvia, a subsidiary of VINCI Construction, a significant contract to undertake the dismantling of units 1 and 2 at the Ringhals nuclear power plant in Sweden. This comprehensive project, scheduled to run … Read the full press release

Ericsson Authorized as CVE Numbering Authority (CNA) to Enhance Cybersecurity

(IN BRIEF) Ericsson has obtained authorization as a CVE Numbering Authority (CNA), allowing the company to identify and document publicly disclosed software system vulnerabilities. This designation enables Ericsson to contribute to global cybersecurity efforts and strengthen digital resilience. As a … Read the full press release

Sweden and France Strengthen Defense Cooperation with Saab and MBDA Partnership

(IN BRIEF) Sweden and France have signed a strategic partnership agreement aimed at bolstering their defense collaboration, focusing on anti-tank and air defense capabilities. As part of this initiative, Saab and MBDA, the CEOs of which are Micael Johansson and … Read the full press release

Nordic Aviation Leaders and Vattenfall Team Up to Explore Hydrogen-Powered Airports in Sweden and Norway

(IN BRIEF) Airbus, Avinor, SAS, Swedavia, and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of establishing a hydrogen infrastructure at airports in Sweden and Norway. The collaboration aims to understand hydrogen aircraft concepts, operations, supply, infrastructure, … Read the full press release

Skanska AB Reports Conversion of Class A to Class B Shares and Adjusted Total Voting Rights

(IN BRIEF) Skanska AB has announced the conversion of 15,960 Class A shares to Class B shares in accordance with its articles of association. This conversion, mandated by the Swedish Financial Instruments Trading Act, reduces the company’s total voting rights, … Read the full press release

Ericsson Joins Global Cybersecurity Effort as CVE Numbering Authority to Enhance Digital Resilience

(IN BRIEF) Ericsson, a leading telecom company, has been authorized as a CVE Numbering Authority (CNA), allowing them to identify and document publicly disclosed software vulnerabilities and contribute to global cybersecurity improvement efforts. CNAs, like Ericsson, play a crucial role … Read the full press release

Beijer Byggmaterial Inaugurates Phase One of State-of-the-Art Builders’ Merchants Facility in Gothenburg

(IN BRIEF) Beijer Byggmaterial, part of STARK Group, has unveiled the first phase of construction for one of Sweden’s most modern builders’ merchants, representing a substantial investment in the growth region around Gothenburg. Located strategically in Hisings Backa, near central … Read the full press release

AFRY and WSP Collaborate on Transformative North Bothnia Line Railway Plan in Sweden

(IN BRIEF) The Swedish Transport Administration has enlisted the services of AFRY and WSP to develop a railway plan for the Skellefteå – Degerbyn section of the North Bothnia Line, a significant 270-kilometer coastal railway project connecting Umeå and Luleå. … Read the full press release

Ericsson Names Chafic Nassif as Head of Market Area North East Asia and Senior Vice President

(IN BRIEF) Ericsson, the global telecommunications technology company, has appointed Chafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. Currently leading Ericsson’s Customer Unit Latin America North, Nassif will succeed Chris Houghton, who … Read the full press release