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Saab Employees handing back company cars

Wednesday, 01 February 2012
Saab Automobile's employees are now leaving back the 1400 company cars they had been using. Some of the cars are even being sold in auctions according to press reports.

Worse than expected for trucker, Scania
Wednesday, 01 February 2012
Bus and truck manufacturer Scania reported a profit before tax of Skr2.807 million in the fourth quarter of 2011. That compares with profit of 3.776 million in the corresponding periods of 2010. Analysts had on average expected a profit of Skr3.266 million, according to Reuters.

Sweden again in the centre of a new IT boom As Money Rain on Swedish Internet companies Wednesday, 01 February 2012
Swedish Internet entrepreneurs have received over Skr1.6 billion from international investors on a quarterly basis pushing strongly the idea that the internet boom which crashed in Sweden in the dying years of the 2000s left behind a strong creativity continuity.

India rejects Swedish Jas Gripen fighter jets for French Dassault Rafale

Tuesday, 31 January 2012
French Dassault Rafale fighter aircraft beats Saab’s Jas Gripen jet fighter in India as the government there decided finally on which fighter jet to choose in beefing up their air defences.

Nokia Siemens lay off  4000 workers to add to the European jobless gloom

Tuesday, 31 January 2012
Nokia Siemens Network is negotiating with the unions in Germany and Finland on the reduction of staff by more than 4,000, just as the Europeans jobless gloom was not bad enough.

How things stand with the sales of what remains if the bankrupt Saab automobile
Tuesday, 31 January 2012
A handful of interested parties that want to purchase the bankrupt Saab Automobile were presented by the administrators on Tuesday morning. But whether a specific buyer will soon be presented and whether such a buyer has already made a bid, the administrators became tough tight.

ABB would not like to associate with Breivik but choose to let it be
Tuesday, 31 January 2012
The Norwegian mass murderer Anders Breivik Behring's name is often abbreviated ABB in the press and social media - something which the Swiss-Swedish industrial group with the same name is not happy about.

Large business in the Steel sector as Outokumpu buys German steel unit
Tuesday, 31 January 2012
The German industrial giant ThyssenKrupp sells its steel unit Inoxum to the Finnish Outokumpu.

Ahlsell about to be sold to a British consortiums

Tuesday, 31 January 2012
Swedish building product chain, Ahlsell is very close to being bought by the British investment company CVC in what will be the largest corporate transaction in the Nordic countries since summer 2011.

The Chinese not giving up despite GM defiance: Youngman close to Saab bid

Tuesday, 31 January 2012
The Chinese company, Youngman, is still determined to gather what is left of Saab automobile despite the intense rejection of GM to sell the licence to a secondary party.

 Swedish Debt Office wants to take over Saab spares parts subsidiary
Monday, 30 January 2012
The Swedish Debt Office will take control of Saab spare parts company, Saab Automobile Parts and remove the old board, according to reports in Swedish press. Instead, two people will be appointed to run the affairs of the company.

Ericsson extends partnership with MTN in Ghana Monday, 30 January 2012
Ericsson's cooperation with MTN, a leading telecom operator in Africa and the Middle East, is extended, the company said in a statement.

Swedish transport sector suffers from low confidence
Monday, 30 January 2012
The Swedish transport sector is extremely pessimistic about their future. Looking at the proportion of pessimistic business sectors in the country today, the transport sector is now the largest proportion of optimism, according to latest industry indicators.

Spanair crushes SAS with a heavy bankruptcy blow Monday, 30 January 2012
Scandinavian airliner, SAS saw red on the stock exchange Monday as past weekend just added more strain into the ailing company.

Suspected financial misappropriation in communal energy company, Gothenburg Energy

Sunday, 29 January 2012
A suspected misappropriation has erupted in Göteborg Energi in Gothenburg and the police has bee reportedly called in, reports Swedish daily, Goteborg Posten.

Saab workers have waited enough and are now giving up – looking for work in Volvo
Saturday, 28 January 2012
Saab automobile which is in administration has seen its workers waited long enough for a possible buyer. They have exhibited high level of loyalty but that seems to be changing.

Norwegian strategy: To fill the gap left by the collapsed Spanish air

Saturday, 28 January 2012
By now it is no longer new news that the Spanish air liner, Spanair filed for bankruptcy on Friday. This called for flights to be ended abruptly and for many people to become stranded.  This has given a strong business idea to Norwegian carrier, Norwegian, which feels that it can take over that market share.

How the Southern Swedish region of Skåne lost Skr130 million as a result of DSB fiasco  
Saturday, 28 January 2012
We reported extensively last year about how the DSB-First rail operator which runs from Denmark to Sweden went down. As the true cost of that fiasco has come to fore now, it shows how the southern region of Sweden – skåne has suffered intense looses.

Swedish debt office clears Saab’s loans with EIB

Friday, 27 January 2012
European Investment Bank (EIB), no longer has any ties to Saab Automobile. The Swedish Debt Office has paid the loan Saab had with the EIB thus making the bankrupt Saab estate owing the Swedish government nearly Skr2.2 billion.

Bid for Saab automobile is almost there - "a few days away": Reports
Friday, 27 January 2012
Turkish Brightwell Holdings is now just days away to make a bid for bankrupt Saab Automobile, according to their spokesperson Zamier Ahmed, reports Swedish business dialty Dagens Industri.

Two Nordic banks stressed by failing Shipping business
Friday, 27 January 2012

Shares in Nordea and DnB NOR, Norway’s leading bank, today fell as the banks developed intense headache caused by a failing shipping business which they are exposed to.

New Volvo S60 praised in the USA for being among the safest Friday, 27 January 2012
The new version of the Volvo S60 is being positively reviewed in the USA after crash tests conducted by the U.S. NHTSA. Car model is only the second, reaching five stars in all test stages in the country.

Lundin Petroleum to multiply oil output Thursday, 26 January 2012
Lundin Petroleum will double its output of oil production over the next four years and probably see a doubling again when Johan Sverdrupfältet starts producing.

Nokia presents surprising performances - shares leaped
Thursday, 26 January 2012

The Finnish mobile phone giant Nokia reported an operating profit of EUR 478 million for the fourth quarter, excluding special items, compared with profit of 1.09 million euros corresponding periods of 2010.

SKF report poorer than expected results - shares dive
Thursday, 26 January 2012

Engineering company, SKF is the first among the major manufacturing companies to report its performance in the fourth quarter, which turn out to be a profit but that which is lower than analysts' has expected.

H&M, HENNES & MAURITZ AB reports weaker than expected results
Thursday, 26 January 2012
Clothing giant Hennes & Mauritz reported a profit before tax of Skr6.802 million for the period September-November, the fourth quarter in the company's broken financial year.

Atlas Copco ranked 10 on the Global 100 list of sustainable companies
 Stockholm, Sweden, January 25, 2012
Atlas Copco has been ranked the world’s tenth most sustainable company in the annual Global 100 list, presented today at the World Economic Forum in Davos, Switzerland. Atlas Copco is the highest ranked industrial company.

Internal mistrust of banking operations in Handelsbanken grows as more charged with embezzlement
 Wednesday, 25 January 2012
Investigation into the activities surrounding the former head of Handelsbanken, who was accused of suspicion of having cheated its former employer, swells considerably.

Norwegian airliner, Norwegian to buy 222 new aircraft

Wednesday, 25 January 2012
Norwegian budget airliner Norwegian, buys 222 new airplanes. The company will buy 122 aircraft from manufacturer Boeing, of which 100 items will come from the new Boeing 737 MAX8.

Ericsson is expected to fall on the markets today after report poorer than expected results
Wednesday, 25 January 2012

Telecom Company, Ericsson's fourth-quarter results was well below analysts' expectations. The disappointment over its lower profitability would surely leads to some obliteration of its shares on the market today.

Nokia fall in the stock market as its suppliers warn of bad future
Tuesday, 24 January 2012
Nokia's stock collapse firmly on Tuesday as several of the mobile phone manufacturer's suppliers announced weak results and forecasts.

Intense stresses in the Swedish business cycle – Evidence:  Preem give notice to 130 staff
Tuesday, 24 January 2012
A total of 130 employees from Preem’s oil refinery in Sweden have been given termination notices; 60 in Gothenburg, 60 in Lysekil and 10 in Stockholm in the first instance.

Telia accused of using misleading advertising Tuesday, 24 January 2012
Telecom giant, TeliaSonera has been accused of using misleading advertising, according to the Swedish Consumer Agency.

BAIC to buy Saab's electric car venture

Tuesday, 24 January 2012
It is not only Saab's new Phoenix platform that attracts Chinese. Saab Automobile's electric car project may also have made the Chinese weak and want to own it.

AB Volvo officials risk prison for Iraqi bribe

Tuesday, 24 January 2012
Managers at Volvo AB paid millions of dollars to Saddam Hussein's regime in exchange for major contracts, Swedish prosecutors claimed. Now they are held accountable for events that are more than ten years ago.

Arla receives breakthrough in the Middle East Tuesday, 24 January 2012
Arla Foods has made a breakthrough in the Middle East after a period of persistent boycott which saw the company not to be able to sell any product there.

Nordea reports higher than expected profits
Tuesday, 24 January 2012
Banking group, Nordea reports an operating profit of 1.029 million Euros, or about Skr9.0 billion, for the fourth quarter of 2011. That compares with profit of 1.071 billion euros in the corresponding period the year before.

Brightwell hopeful to succeed in getting Saab from the claws of GM
Sunday, 22 January 2012
The Turkish consortium interested in the bankrupt Saab foundation, Brightwell Holdings is still showing signs of interest in the company amidst refusal the other day by GM to release the licence of some of the Saab flagship.

GM will not let Saab automobile though bankrupt to be sold
Friday, 20 January 2012
General Motors refuses to let go of Saab, a spokesman for the U.S. production line at the GM says they will not let the license for the Saab 9-5 to any purchaser of the estate reports the Swedish daily, Svenska Dagbladet.

Record profits for furniture giant Ikea
Friday, 20 January 2012
Ikea Group has sets new profit record with Skr33 billion for 2011. Despite tough times in many countries, the Swedish furniture mater and retailer has managed to increase both sales and profits...

Skanska issues profit warning as looses in Finland and Norway create concerns
Friday, 20 January 2012
Construction Company, Skanska reported an expensive fourth quarter of 2011 with Skr520 million of construction in Finland and Norway, according to a statement.

Saab and Patria split part in Black Hawk management
Thursday, 19 January 2012

The Finnish defense group, Patria has received a service contract from the Swedish armed forces, its helicopters arm while, Saab in Linköping has also won a maintenance contract with American Sirkorsky, which produces new Swedish defence Black Hawk helicopters.

Warning from the Norwegian central bank governor
Thursday, 19 January 2012

Norway's banks need more liquidity believes the Norwegian central bank governor Öystein Olsen.

Rumours about a patent battle between Chinese ZTE and Ericsson could be the force behind ZTE stock collapse
 Thursday, 19 January 2012
Rumours that the Chinese telecom company ZTE lost a patent battle with Swedish Ericsson has helped ZTE's shares plummeted by at most 12 percent in Thursday's trading.

Ericsson’s reported looses did not create any uproar in the market on Thursday Thursday, 19 January 2012
Swedish telecom giant Ericsson just reported looses but the market did not make any fuss about it. Instead the company’s shares rose by 1.4 percent during the initial trade in spite of reported losses in billions in the last quarter

Youngman to make an aggressive bid for Saab automobile and strategy to ignore GM
Thursday, 19 January 2012

Chinese Youngman plans to make an aggressive bid for Saab Automobile bankruptcy organisation next week. The value of the bid is reported by the Swedish business daily,  Dagens Industri quoting  anonymous source as Skr5 billion.

Sony Ericsson make bumper Loss in the last quarter on 2011

Thursday, 19 January 2012
Mobile phone manufacturer Sony Ericsson reported a loss before tax of EUR 247 million, approximately Skr 2.2 billion for the fourth quarter of 2011. That compares with profit of EUR 35 million in the corresponding period the year before.

Artimplant takes over sales in the Nordic countries Thursday, 19 January 2012
Artimplant continues to strengthen its market position. Since the beginning of 2012, the company took over sales of its products on the Nordic market.

Hexagon acquires leading Canadian surveying & mapping software developer, MicroSurvey
Thursday, 19 January 2012

Hexagon has entered into an agreement to acquire all outstanding shares of MicroSurvey Software Inc., a leading Canadian based developer of surveying and mapping software for the land surveying, construction, and forensic markets.

SAS cuts 300 positions as the company tries to balance with hard time. Shares rocket with the news.
Wednesday, 18 January 2012
Scandinavian airliner, SAS plans to reduce the number of full-time positions with 300 in administration.

Swedish delegation leads to China for meeting with Saab interest party Youngman
Wednesday, 18 January 2012
Chinese auto company, Youngman, which is interested in buying Saab automobile and its estate, has invited policy-makers, contractors and union representatives, for meetings in China.

LinkedIn founder to invest Skr35 million in Swedish Gift wrapper app

Wednesday, 18 January 2012
The Swedish Gift company Wrapp has been reportedly received a boost from one of the leading heads in the IT world.

Military hardware manufacturer, Hagglunds wins one billion orders from the Swedish defence
Tuesday, 17 January 2012
Swedish defence buys new tracked vehicles from military hard ware producer Hägglunds in Örnsköldsvik.

SCA to sell packaging business to UK based DS Smith
Tuesday, 17 January 2012

Paper Company SCA sells its packaging operations, excluding the two kraft mills in Sweden, to UK based DS Smith, a leading player in the corrugated packaging manufacturer, collector of waste paper for recycling and a leading UK producer of recycled paper.

The health of Swedish companies: SAS bankruptcy risk - 78 percent
Monday, 16 January 2012

It had been extremely expensive to insure against that Scandinavian airlines, SAS would not default on its payments.

Finnair leads the the safest carrier in Europe Monday, 16 January 2012
The Finnish airline Finnair has been ranked as the safest air carrier in Europe and the second safest in the world by Germany's Jet Airliner Crash Data Evaluation Centre.

Siba is under pressure from intense competition in the electronic retail sector such that retailer may throw in the towel
Monday, 16 January 2012

Swedish Electronics retail giant Siba may be the next victim of the electronic war ragging in Sweden which has seen the collapse of Onoff.

Lundin petroleum drills first well in Avaldsnes, North sea, share slop
Monday, 16 January 2012
Swedish oil company, Lundin Petroleum has completed the drilling of the first well in a program to evaluate the deposit Avaldsnes off the coast of Norway.

The oil industry recruiting 200 engineers from dying Saab automobile
 Saturday, 14 January 2012
The oil industry in Sweden wants to recruit 200 workers from Saab automobile as the future of the company remains extremely uncertain.

Ikea founder, Kamprad give millions to his home village

Sunday, 15 January 2012
Ingvar Kamprad supports his native village Agunnaryd with Skr 6 million by a newly created foundation.

How the Danish leading sector, Agriculture, is loosing competitiveness
Friday, 13 January 2012
The Danish agricultural productivity and competitiveness has deteriorated sharply over the past decade according to a new report.

Sales increases for Clas Ohlson
Friday, 13 January 2012

Clas Ohlson's total sales rose by 6 percent in December. In local currencies, sales increased by 5 percent.

Swedbank makes goodwill write-down of SEK 1 913 million related to Latvian business
Friday, 13 January 2012
In November 2011 the Swedish FSA communicated plans for new higher capital requirements for Swedish banks.

Volvo shot up surprisingly on the Stock market on Thursday: Why?
Thursday, 12 January 2012
Volvo traded up during Thursday's early trading, after the Chief Financial Officer Anders Osberg is alleged to have commented positively on the truck makers market in Europe.

Crisis in the wind turbine manufacturer Vestas

Thursday, 12 January 2012
The wind power industry is growing rapidly worldwide, particularly in Sweden. But news came out today that the world's largest producer of wind power, Danish Vestas, is in crisis and may be forced to lay off nearly four thousand employees.

Winter Storms took 750,000 cubic meters of Swedish forest
Thursday, 12 January 2012
Forest Company, Södra has summarized the impact the winter storms, which hit southern Sweden, has had on its members' areas.

Ericsson's billion Krona businesses finally driven home
Thursday, 12 January 2012
Ericsson's purchase of American Telcordia for some Skr8 billion has now been completed, notify the telecommunications giant. The deal is expected to affect Ericsson's earnings per share positively within twelve months.

Volvo owners missed sales target: Reports
Wednesday, 11 January 2012
Volvo Cars' Chinese owners Geely sold more cars in 2011 than in 2010, but still missed the goal they set for themselves.

Fall for SAS passenger traffic in December Wednesday, 11 January 2012
SAS airline's total passenger traffic fell in December by 1.4 percent compared to same month the year before.

Danish banking sector needs more capital – a new banks’ stress test show
Wednesday, 11 January 2012

Denmark's central bank sees the need for more capital in a Danish bank, according to new stress tests.

Telenor wants to sell stake in Norwegian media concern A-press
Wednesday, 11 January 2012
Norwegian telecom giant, Telenor is thinking of selling its stake in Norwegian media concern, A-Pressen, but the Swedish labour Union, LO, which is the other major owner of the media group is not finding it an issue to take over the shares.

One of the world’s largest producers of heavy trucks chooses Alfdex
Wednesday, 11 January 2012
Alfdex AB, a 50/50 joint venture between Alfa Laval and Concentric, has signed an exclusive supplier agreement with one of the world’s largest producers of heavy trucks.

Saab subsidiary buys Sörman information
Wednesday, 11 January 2012

The subsidiary of the Swedish Defence company, Saab, Saab Combitech  is buying a consultancy firm Sörman Information.

SAS denies takeover rumours
Tuesday, 10 January 2012
SAS step firmly on the stock exchange on Tuesday after a Danish airline analyst told the Norwegian Business Daily, Dagens Näringsliv, that the SAS and Qatar Airways would be a perfect combination. SAS, however, denied the rumours.

Skånemejerier, the smaller Swedish dairy agrees to union with the French

Tuesday, 10 January 2012
Skånemejerier, a Swedish smaller dairy producer agreed in a meeting yesterday for the go-ahead with a possible sale to French Lactalis.

Norwegian TV2 sold to Denmark
Tuesday, 10 January 2012
Norway's biggest commercial TV channel, TV2 has been sold to a Denmark.

Nokia launches 4G Windows phone in US

Tuesday, 10 January 2012
Nokia unveiled its Windows-based smartphone at an annual technology-related trade show in Las Vegas on Monday.

Air travellers with Norwegian airline, Norwegian had to pay twice.

Monday, 09 January 2012
Between 3000 and 3500 customers who have booked flights with Norwegian the Norwegian budget airline, at the end of last week have been paying too much for their tickets, according to reports.

Norway’s Statoil makes new oil discovery in the Barents Sea
Monday, 09 January 2012
Norwegian Statoil has made another major oil discovery in the Barents Sea. It has been named Havis and is the second major discovery in the region in nine months.

MTG signs agreement to acquire LNT free-TV group in Latvia
Monday, 09 January 2012

Modern Times Group, MTG, today announced that it has signed an agreement to acquire 100 percent of AS Latvijas Neatkarīgā Televīzija (‘LNT’) in Latvia for an undisclosed cash consideration, according to a press release.

Youngman determined to be the last man standing when t comes to Saab acquisition
 Sunday, 08 January 2012
Despite all the brouhaha surrounding Saab automobile and the defecto rejection of the Chinese by GM which still hold rights in the company, Chinese Youngman which wants the company is not giving up.

Workers Union in the Saab Factor Unions want to replace the Saab bankruptcy management team Sunday, 08 January 2012
The workers’ Unions of the Saab automobile factory are worried about the actions of those managing the company’s bankruptcy proceedings.

Danish Economists fear more banks may go down in 2012
Friday, 06 January 2012
Danish economist fear that it is far from over with bank failures or forced mergers in the Danish banking world.

Swedish banks with the largest amount of dissatisfied customers are…

Friday, 06 January 2012

We know that many Swedish organisations are lagging when it comes to customer satisfaction but recently with the increasing economic uncertainty, focus has been placed on banks. How can calm down and provide the care and satisfaction customers need at this time meet their objectives.


Danish Tesco Top Manager to Head Dansk Supermarked

Thursday, 05 January 2012
Dansk Supermarked's new managing director and CEO will be Tesco UK's Commercial Director for Non-food, Telecoms and Online and member of Tesco Executive Board, Per Bank.

Rumours act as a boon for Nokia Thursday, 05 January 2012
A report on the Swedish business daily hold that rumours are out that Microsoft wants to take over Nokia. Thursday it was reported that mobile manufacturer Nokia's Smartphone business is about to be taken over by Microsoft.

Hypocrisy in deregulation: Why is the Swedish government’s owned Apotek accused of growing far too big

Thursday, 05 January 2012
Several of the newer privately owned pharmacy chains in Sweden believe that government owned Apoteket is growing too fast and much too big

Turkish Brightwell Holdings interested in Saab. wants to buy the entire company
Thursday, 05 January 2012
The Turkish investment company Brightwell Holdings has more chance than China Youngman to buy bankrupt Saab. This is the belief of the board member and spokesperson Zamier Ahmed.

Swedish companies to work in partnership with U.S. Air Force
Wednesday, 04 January 2012
The U.S. Air Force is reported to be getting into a new business partner: the Swedish company Scama.

Atlas Copco closes acquisition of Houston Service Industries

Stockholm, Sweden, January 4, 2012:
Atlas Copco North America LLC has completed the acquisition of Houston Service Industries, Inc., a U.S. manufacturer of low-pressure blowers and vacuum pumps.

Wind Power Company, Vestas shares collapses after profit warning

Wednesday, 04 January 2012
The share of the Danish wind power company Vestas plummeted by 20 percent on the Copenhagen Stock Exchange on Wednesday after the company, yesterday warned of profit pressures.

Medical Technology Company Elekta in problem with its equipment in Hong Kong
Wednesday, 04 January 2012

Medical Technology Company Elekta has been hit by problems in Hong Kong as the Health Care Authority there warned that the company's equipment may explode.

Russian SEK 70 million energy-efficiency order for Alfa Laval
Wednesday, 04 January 2012

Alfa Laval has won an order for compact heat exchangers from a refinery in Russia. The order, worth approximately Skr 70 million and was booked late December 2011.

Bioinvent  in new cancer collaboration
Wednesday, 04 January 2012
Biotechnology Company BioInvent starts to cooperate with the French pharmaceutical company Servier, which can generate income of up to skr100 million plus royalties.

MTG to recognize SEK 3.2 billion of one-off costs in Q4 2011 results
Wednesday, 04 January 2012

Media Company, Modern Times Group, MTG AB, today announced that it will recognise approximately Skr 3,191 million of one-off costs in its financial results for the fourth quarter and full year 2011.

Nokia pushed Ixonos to carry out redundancy Tuesday, 03 January 2012
The Finnish IT company Ixonos plans to cut staff by up to 150 people due to reduced demand from major customer Nokia.

Another Chinese company wants to get a dig at the bankrupt Saab’s businesses
Tuesday, 03 January 2012
The list of stakeholders wanting to put their hands into the bankrupt at Saab Automobile's estate is growing. Latest is the mention of Dongfeng.

How the Swedish biggest labour Union is gradually dyeing as it fails to innovate

Tuesday, 03 January 2012
Swedish biggest labour Union, LO is continuing to lose more members in 2011. On the flip Union presenting workers in the service sector such as Unionen are seeing their members increased such that it’s being considered to be one of the biggest in Sweden in the coming years.

Belgian chefs launch backlash against Ikea which they accuse of price dumping their super restaurant.
Tuesday, 03 January 2012
Belgian restaurateur accuses Swedish furniture giant Ikea for predatory pricing in its department store restaurants.

France refuses to let Volvo go
Tuesday, 03 January 2012

It has long been speculated that Renault will sell its Class A shares in listed Volvo. But if President Sarkozy and the French state have their say there will be no such business for a long time.

Increase warning for real estate dealers in Sweden who break the rules of the game
Tuesday, 03 January 2012

The number of real dealers who have been warned for mal practises in Sweden has increased.

More than 69,000 new companies created in Sweden in 2011
Tuesday, 03 January 2012

Last year more than 69,000 new companies were created and registered in Sweden and seven out of ten - a record number of them were limited liabilities companies

This is Indian company speculated to be interested in the bankrupt Saab automobile
Tuesday, 03 January 2012
Mahindra & Mahindra is the Indian vehicle manufacturer which, according to Bloomberg news is speculated to be interested in the bankrupt Saab Automobile.

Four accused of accounting fraud in Sweden Monday, 02 January 2012
Four people who ran a food company in Ullared in Sweden have been charged on Monday in Varberg court with serious accounting fraud.

Swedish big companies did good business during the crisis years as the value of mergers and acquisitions increased
Monday, 02 January 2012
Despite turmoil in the global economy, Swedish big companies carried out some big business transaction in the whole year 2011 lifting to some 60 percent on overall businesses conducted

Gothenburg based company, Fingerprint received a Major order
Monday, 02 January 2012

Gothenburg based company, Fingerprint Cards AB (FPC), which develops products for reading fingerprints, has received its largest order to date.

MTG launches new ‘Viasat Film’ brand and 4 new HD movie channels

Monday, 02 January 2012
Sweden based Modern Times Group MTG broadcasting group, today announced that it is marking the 20th anniversary of the launch of Viasat’s pay-TV services with the rebranding of the  TV1000 movie channel brand to Viasat Film across the Nordic region, according to a press release

Interest rate cuts by Swedish banks at the close of the year was instead an increase
Sunday, 01 January 2012

January 2 will be the first day of the New Year sin which the new mortgage rates for many bank customers will become effective. Many customers feel that their rates were really cut as most of the banks announced towards the end of the year. But reports from analysis presented on Swedish television show that major Swedish commercial banks instead increased their interest rates.

Buoyant hope that Saab automobile could return to life in Trollhattan - Bankruptcy trustees

Friday, 30 December 2011
Bankruptcy trustees in Saab Automobile have high hopes for a "some continued activity" at the factory in Trollhattan.

Defence Saab gets new weapons orders

Friday, 30 December 2011
Defence and security company Saab will supply additional components for weapon system Carl-Gustaf to an unnamed customer.

Food retailer leads the drive for anti tobacco display in Swedish supermarkets

Friday, 30 December 2011
As the Swedish government sees to be napping, CEO of Swedish food retail group, Axfood, Anders Strålman has joined four members of parliament and an anti-tobacco activist to called for legislation against tobacco exposure in foof shops in Sweden.

Indians are interest in Saab automobile Friday, 30 December 2011
One of India's largest vehicle manufacturers have shown interest in the dying Saab automobile and is also willing to have production continue in Trollhättan.

Enea divests its Nordic consulting business

Friday, 30 December 2011
Enea has entered into a binding agreement to divest the Swedish consulting companies in Stockholm, Lund and Linköping to Xdin AB, the Swedish subsidiary to Alten Group, a leading global technical consulting company, based in Paris, France.

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Headlines from Confederation of Swedish Enterprise (External link)

Sweden inspires when England starts ‘free schools’
Britain is seeing the establishment of free schools patterned after the Swedish model for non-selective, state-funded independent schools....from  Confederation of Swedish Enterprises 
Private companies create more jobs in the Swedish health care sector
Sunday, 30 October 2011
Total employment in private care providers in Sweden has nearly doubled since 2000. And, privately employed care workers continue to grow in number, despite the general decrease in employment for health care, schools, and child and elderly care.  Read more from external source




companies





Alfa Laval wins SEK 230 million energy-efficiency order in Japan
Wednesday, 01 February 2012
Alfa Laval has won an order from Mitsubishi Heavy Industries Ltd to supply Alfa Laval Aalborg Exhaust Gas Economizers to vessels built for A.P. Møller - Mærsk.

Alfa Laval wins Skr110 water treatment order in Canada
Tuesday, 24 January 2012

AstraZenca repurchase own shares for cancellation
Thursday, 19 January 2012

AstraZeneca buys back own shares
Wednesday, 18 January 2012

Atlas Copco enters market for dimension stone drilling equipment
Thursday, 12 January 2012

Aerocrine reaches multiple milestones in Asia, receives market approval in South Korea and Taiwan
SOLNA – 12 January 2012

Biotage is subject to extended patent litigation in the US
Thursday, 12 January 2012

Autoliv Alcohol Sensor Enters Next Phase
Stockholm, January 11, 2012
Astra Zeneca repurchases shares Wednesday, 11 January 2012

AstraZeneca Repurchase of shares 
Monday, 09 January 2012

Artimplant invests in expanded sales of its own product instead of via sale channels
Tuesday, 03 January 2012

Bluefish expands product portfolio further
Friday, 30 December 2011

Bluefish has signed a new license agreement for another 15 products.

Boliden signs an 85 MEUR EIB loan
Friday, 30 December 2011
Boliden has entered into a credit facility amounting to a total of up to 85 million Euros with the European Investment Bank (EIB).

Skanska secures order worth Skr390 million
Wednesday, 28 December 2011
Skanska USA has received a contract worth $60 million, approximately Skr 390 million, to lead the renovation around the Spring House region in Montgomery County in Pennsylvania.

Loomis to acquire Oregon Armored Service, Inc.
Wednesday, 28 December 2011
Loomis has agreed to acquire the shares of Oregon Armored Service, Inc. based in Portland, Oregonin the USA effective December 31, 2011.

Bluefish Pharmaceuticals AB completes directed new share issue - provides SEK 19.5 million