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Also in the News

Swedish telecom company, Tele 2 notifies its own customer service to the police

Monday, 27 February 2012
A strong scandal has broken up in the Swedish telecom company, Tele 2 and this has brought in the police.

Bus Companies accused of price fixing cartel


Statoil has found gas in Tanzania


Increased profit and sales for Arla


Geely, owner of Volvocar Corp., to open plant in Egypt


The struggling Danish banking sector continues to show signs of stress


Danish government takes over another bank


Sales of Sony Ericsson completed


Profit Boost for clothing company, Bjorn Borg


TeliaSonera borrows billions


Statoil's earnings higher than expected


Head of Danish wind power company, Vestas elopes after profit warnings



Swedish Channel TV 4 in disarray as the company tries to stem losses

Thursday, 21 June 2012
There is an atmosphere of uncertainty in Swedish TV 4 News as the company struggles to cut workforce and perks in order to stem growing looses. But the move by management has ignited bad blood between workers and management.

Metro Continues to make losses

Wednesday, 18 April 2012
Interim reports of the free newspaper group Metro International showed a loss after tax of €1.7 million, or about Skr11.6 million, for the first quarter. This compares with a loss of EUR 2.2 million a year ago.

Strong Competition in a tight Finnish magazine market leads to hostile takeovers

Tuesday, 17 April 2012
As the Finnish magazine market gets more competitive, hostile takeovers are being seen as a strategy to stay ahead of others.

News agency Reuters sues Swedish government – Swedish reports

Thursday, 05 April 2012
The News agency, Reuters, sues the Swedish government for taken too much charge according to Swedish news reports.

SuomiTV in Finland to be rebranded as FOX TV

Friday, 16 March 2012
As of April 16, the television channel SuomiTV will be named FOX, following its acquisition of the ailing channel in January. FOX is owned by media mogul Rupert Murdoch.

Swedish newspapers circulation continues to fall

Friday, 24 February 2012
Newspaper circulation in Sweden continues to decline but free newspaper, Metro in turn, increase its circulation as well as the Swedish business daily Dagens Industri.

Stenbeck family power company, Kinnevik want to buy Metro

Monday, 06 February 2012
Metro's main shareholder Kinnevik, with about 46.6 percent of the capital and 42.4 percent of the vote, is reported to  be making a bid for the remaining shares in the free give away Newspaper group.