The Swedish financial services authority, Finansinspektionens (FI) warning list of fake shares and stock brokerage firms are growing at record speed. But the reduction of share scams is not responsive.
Monday, 28 November 2011 One of the world's largest deposits of so-called rare earth metals have been found north of Gränna in Sweden. Financial market works poorly in Sweden Tuesday, 22 November 2011 A majority of market participants believe that the financial markets in Sweden work poorly today than six months ago.
Shortage of Norwegian Christmas trees this yearMonday, 21 November 2011 There may be a shortage of Norwegian Christmas trees this year. Producers have fewer trees for sale than ever before and the demand is high, warns Christmas tree dealers federations Norsk Decorations Green.
Thursday, 17 November 2011 Libya's oil production is close to 700,000 barrels a day, a top official said Thursday, just a week after the country's interim oil minister predicted the threshold would be reached by the end of the year.
Crude oil futures prices settled lower Monday amid lingering worries over the European debt crisis.
After five months of decline in the Swedish purchasing manager’s index, it surprisingly turned the corner and rose in October. Particularly pleasing was that the sub-index on new orders which skipped forward
There was positive feedback on the Stockholm Stock Exchange after last night’s, spending limits discussions in the EU. Stockholm Stock Exchange's general index was up 2.5 percent after a half-hour of trading.
Thursday, 01 December 2011 Several major political parties in Switzerland want a referendum to prevent the country to buying the 22 Gripen aircraft from Sweden which its government announced yesterday in a press conference.
Wednesday, 30 November 2011 Danish Finance Minister, Bjarne Corydon (pictured) is now worried about the state of the Danish economy. He said that Danish economy is now in trouble after report today out today that growth in Denmark shrank in the third quarter by 0.8 percent
Tuesday, 29 November 2011 Fewer foreign-born students living in Sweden are finding it hard to find their feet in with the Swedish school system. As such the gap between the Swedish-born and the foreign born in school has increased strongly in the recent past years.
Monday, 28 November 2011 The value of Sweden's total exports of goods amounted to Skr 912 billion during the period January to September, measured in current prices, an increase of 10 percent compared with the corresponding periods of 2010.
Europe debt crisis has brought some supposedly better performing countries into gradual growing pain. This means that the rating downgrades will affect households in the countries affected with mostly cuts in welfare.
Tuesday, 22 November 2011 The Swedish fearful ultra radical far right political part, the National Democrats are canvassing for more members into their organisation and are now advertising on Facebook, according to Swedish media reports.
Friday, 18 November 2011 The training of civil engineering is by far the most sought after of all university disciplines this year as various indications show that the demand for the discipline will explode in Sweden in the coming years.
Things are getting tough and the markets are getting cramp, as such, countries such as Sweden which used to shy away from doing businesses with regimes that are deemed corrupt and repressive regime reversing that.
Tuesday, 15 November 2011 Much of the money the EU has been spending on regional aid is reportedly paid in error or lost in imaginative presentations, writes Swedish newspaper Svenska Dagbladet. The biggest culprits are Spain, Italy and Czech Republic.
Denmark 'Muhammad cartoon plot' trial begins in Norway (from BBC)
People have been queuing since 6 hours in the morning in front of the Norwegian court where the Norwegian mass murderer, Anders Breivik Behring would be defending himself of the killings and bombing he carried out a few months ago.
Norway's Anders Behring Breivik in open court hearing - BBC
Either out of touch officials or high level hypocritical Finnish politicians reacted on Sunday to report of a study which show that two thirds of Finns believe that there are very or quite a lot of racism in Finnish society.
Friday, 11 November 2011 Julian Assange, founder of the whistle blower site Wikileak is ob hins way to sweden to stand charges of sex crimes according to recent reports from various Swedish news houses.
As we wrote recently, the Swedish government’s interest is to offload Saab in any way possible and their push to that direction is eminent. Had they intervened earlier enough probably the company would have been running without the need for the Chinese to salvage its survival.
Friday, 11 November 2011 When the Nordic “tiger economy” begins to wane is when closer to 5700 people were given notice in October for sacking, according to the Swedish Employment Service. This is an increase of 4,800 compared to same month last year.
Thursday, 10 November 2011 Supply of housing in Sweden has collapsed even though there is still high demand for it. But particularly, condominiums for sale in Stockholm have decreased in the number produced, and the trend in same in the whole country.
Wednesday, 09 November 2011 Venture capital companies behind the creation of the growing new pharmacy chains in Sweden such as Medstop, picture above, are locking their monies in tax free accounts outside of Sweden in a radical form of tax avoidance or tax management.
Monday, 07 November 2011 Finland, Greece, Portugal and Ireland could withdraw from the euro single currency. As this happens, it could do good for those countries and strengthen the euro, according to reports.
Sunday, 06 November 2011 The economic crisis in Greece means that mass unemployed young Greeks will be migrating elsewhere and recently it is reported that the amount of Greek immigrant to Sweden and other northern European countries in desperate search of jobs is rising. How Swedish communes contribute to failing Swedish school system Sunday, 06 November 2011 Why are Swedish schools performing poorly of late? The answer lies with the laxity of the Swedish communes and municipalities.
Sunday, 06 November 2011 Swedish far right party, Sweden Democrats have been authorized to broadcast local radio in Falkirk, something that has been seen by some people as a first step towards design more aggressive propaganda machinery.
About Christian Clausen, CEO of Nordea’s luxury apartment which the bank, Nordea is providing and gilt-edged pension plan that has been widely reported, there is nothing in them that stirs Nordea’s chairman Bjorn Wahlroos. He even said that he would on the contrary gladly raise Clausen's salary.
In ten years, the shortage of doctors in Sweden will be an issue of the past. Many Swedish students who are studying medicine abroad are now starting to come back. Meanwhile, the number of places in Sweden for the same subject has risen sharply in recent years.
Wednesday, 02 November 2011 Danish Royals, Crown Prince Frederik and British Prince William went in one car while the two women princesses, Danish Mary in the blue and Duchess Catherine in red, on Wednesday arrived together at the UNICEF centre in the East of Copenhagen to raise awareness about hunger catastrophe in East Africa.
Saturday, 26 November 2011 One unresolved business venture which the Danish government attempted was its investment in the rail business with the Scottish transport company First. After forming the DSBFirst and pumping millions of Danish Krona in, the company has gone bust.
Wednesday, 16 November 2011 Volvo Cars sales fell slightly in October to 0.3 percent, the most recent October statistics for the EU and EFTA countries show according to data from trade association ACEA.
Discount chain Lidl is in Sweden to stay and grow according to its Sweden manager, Werner Evertsen in an interview with the Swedish business daily, Dagens Industri, castigating previous rumours that the company was planning to pull out of Sweden.Blackberry trying to crack a tough Scandinavian marketThursday, 10 November 2011
Blackberry is the name of the phones, most people in the Scandinavia have seen or heard of but very few have kept it. It wants to make a strong move to entre the tough Scandinavian market.
Tuesday, 08 November 2011 The European Commission on Tuesday visited SKF's facilities in Gothenburg and in Germany Schweinfurt, to gather information for an investigation into possible anti-competitive collusion between some manufacturers of bearings.
Tuesday, 08 November 2011 Flight group SAS reported a profit before tax of Skr276 million for the third quarter, compared with a loss of Skr1.027 million same periods last year.Skanska in Brazilian billion power plant construction orders
Monday, 07 November 2011 Skanska has secured an order for power plant construction in Rio de Janeiro, Brazil. The order is worth around Skr3.2 billion.
Friday, 04 November 2011 The CEO of Elgiganten told the Swedish press last week that low priced
competition Media Markt is dancing towards bankruptcy just like Onoff after loosing lots of money but yet opening more store branches. Then Media Markt boss sneer back at Elgiganten and tell
them to mind their own business. Some people see this as a new form of market bully tact. Is it?
Friday, 04 November 2011 The number of corporate failures Sweden fell by 1 percent in October. So far this year, the number of bankruptcies fell by 4 percent over the same period last year, according to statistics from credit agency, UC. H&M to be challenged in Sweden by another clothing giant UNIQLO
Thursday, 03 November 2011
Clothing giant Uniqlo is on its way to Sweden to challenge the local brands such as H&M and others such as Kapp Al.
Many Swedish people own most of he various Apple products but there is no major Apply store here as seen on other places such as the UK or Germany. Indications now stand there could be a new apply store here soon.
More than half of the banks in the Baltic banking sector are Swedish. But Minister Swedish Financial Markets, Peter Norman would want to see that a larger share of banks in Estonia, Latvia and Lithuania should be domestic.
Relating to the news reports today which supposes that Swedish telecom giant, Ericsson sold hi-tech locating radar equipments to the tyranic Iranian regime, Ericsson has counter the claim and rejects the accusations.
Thursday, 27 October 2011 New Nokia Windows models, the Lumia 800 (left) and the Lumia 710.Image: Nokia
Some analysts believe that the launch of the new smart phones by Nokia would see the firm returning to its glorious lead in the market but with its shares wobble in yesterdays’ launch, question still remains as to how far the company will go to regain its leading position.
Scandinavian Companies and Market is a registered Business Magazine registered in Sweden owned by Granscole Establishment Sweden AB, a Limited Liability Media Company Copyright (c) 2011 Granscole, Est. All Rights Reserved