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Post terrorist attack Boost for Norwegian Labour Party

Sunday, 31 July 2011

The ruling Labour Party has seen good progress in membership growth since the terrorist attacks, according to a poll carried out by polling firm Synovate for Norwegian daily, Dagbladet. Continue reading

Investigation of potential bribery at the Jas - South African purchasing business resumes

Sunday, 31 July 2011

Police in South Africa will resume work on the investigation of bribery in connection with the purchase of Jas Gripen. Read more
  • Reports from South Africa(External source)

Explosion of armed robbery of luxury cars in Stockholm, Sweden

Sunday, 31 July 2011
Stockholm has been rocked in the past few days by some aggressive robbery in which owners of luxury cars have seen their cars seized at gun point.

Gonorrhoea increasing among Swedish young

people influenced by a mix of summer tools

Saturday, 30 July 2011
Summer, sun and unprotected sex are that mix which has lead to the toxic explosion of sexually transmitted diseases in Sweden now.


Football still a hard business in Sweden as persistent hooliganism forces Match suspension

Saturday, 30 July 2011

Swedish football has once more taken the country’s beloved sport backwards to the Stone Age.


Sweden's GDP growth unexpectedly higher than anticipated for the second quarter of 2011

Saturday, 30 July 2011
Sweden's gross domestic product (GDP) grew by 5.3 percent in the second quarter compared to same period last year.

Calls for Danish rule on non foreign ownership of holiday home to be changes

Saturday, 30 July 2011
Foreigners have not been allowed to buy holiday homes in Denmark. So has it been since Denmark joined the EU many years ago.

BP's Swedish Svanberg criticized by shareholders

Saturday, 30 July 2011
Carl-Henrik Svanberg's role as chairman of the British oil company BP has fallen under the spot light again and questions are being raised.


How the idea for freedom and equality in the west is just a smoke screen to Double standards” Case study: The attitude of the Nordic media after bombing and mass massacre in Norway

Thursday, 28 July 201

Record Earnings growth for Norwegian Statoil

Thursday, 28 July 2011
Norwegian oil company Statoil reported an adjusted EBITDA of Nkr43.6 billion for the second quarter of this year compared to corresponding period last year where earnings stood at Nkr36.5 billion.


Norwegian Billionaire collects money for Utöya

Thursday, 28 July 2011
A Norwegian billionaire, Petter Stordalen wants to make the Norwegian terrorist murder scene of Utöya to be a sanctuary of peace by contributing and collecting millions for its re-development.

Russian billionaire, Antonov want to solve the EIB loan and chase them out of Saab

Thursday, 28 July 2011

Vladimir Antonov will know about the EIB's decision not to allow him as a partner of Saab in a few weeks according to his Swedish spokesman, Lars Carlstrom.

Moody’s sinks Nokia’s value

Wednesday, 27 July 2011
nokia
US ratings agency Moody's cut its credit rating on bonds of Finnish phone maker Nokia by two notches on Wednesday and said the outlook on the rating was still negative.


Swedish Far right extremists are prepared to use force to enforce their ideology

Wednesday, 27 July 2011

Swedish far right party’s politician has

similar views as the Norwegian mass murderer Breivik


Lower Swedish trade surplus in June

Wednesday, 27 July 2011
Swedish foreign trade resulted in surplus of Skr8.2 billion in June, according to latest figures from Statistics Sweden (SCB).

Danes to be chased away from the new Cimber Sterling leadership

Wednesday, 27 July 2011
As the former Danish airliner Cimber Sterling moves to the hands of the Ukrainians, both the Chairman and the CEO of the company is likely to move to move as the Ukrainian billionaire Igor Kolomojskij via company Mansvell Enterprises takes control over the ailing company.

Anders Behring Breivik, inspired by the True Finns MP

Tuesday, 26 July 2011
The man behind the madness in Norway on Friday, Anders Behring Breivik, was inspired by the True Finns MP Jussi Halla-aho.

Norwegian police publish names of victims of right wing massacre

Tuesday, 26 July 2011
The Norwegian police will in all probability go out with the names of the dead after the terrorist attacks in Norway, writes Norwegian news network, NRK


Norway: Too much focus on terrorist threats from Islamists while home grown spread deadly terror

Monday, 25 July 2011


Nokia overtaken again in the smart phone arena

Monday, 25 July 2011

South Korean mobile phone giant, Samsung has now surpassed passed Nokia in terms of sales of the so-called smart phones according to latest assessment.

Finland starts examining extreme right wing parties and activities

Monday, 25 July 2011
Finland wants to start examining extreme right wing activity as the events on Norway now shows how deadly home grown right wing organisations can be dangerous.

Norway suspends election campaign

Monday, 25 July 2011
Following the terrorist attacks, the Norwegian party leaders decided to postpone the election campaign for this autumn's municipal elections. The election is scheduled for September 12.


Norwegian Mass murderer Anders Behring Breivik has admitted the charges against him

Sunday, 24 July 2011

Anders Behring Breivik, 32, who killed at least 92 people on the island of Utöya and in Oslo, has admitted carrying the attacks. He accepted that he carried out the terrorist tendency of bombing Oslo and the massacre of Utöya. Read more
  • More Pictures from Norway

Scotland Yard is examining relationship between Breivik and the English Contacts

Monday, 25 July 2011


At least 87 killed in Norway Massacre

Saturday, 23 July 2011

The massacre on the island Utøya yesterday has claimed at least 80 lives, according to Norwegian police and it expected that, the number will increase. Keep on reading here

The perpetrator creating carnage in Norway is Norwegian

Friday, 22 July 2011

The man police have arrested and suspected of being behind the shooting attack at a political summer at the Norwegian of Utøya, is a son of the soil Norwegian. Read more


Gunfire at youth camp outside Oslo: One person arrested

Friday, 22 July 2011

At least five people have been shot injured in Norwegian Social Democratic Youth League camp in Utøya, west of Oslo, reports Norway radio, NRK. One person was arrested at 19 o'clock local time.  See Images courtesy Swedish television

Saab automobile eminent fracturing averted as bankruptcy protection is withdrawn after agreement

Friday, 22 July 2011


AB Volvo reports buoyant profit that beat expectations

Friday, 22 July 2011
Swedish heavy duty vehicle manufacturer, Volvo Group, reports a profit before tax of Skr7.249 million for the second quarter, compared with profit of Skr4.541 million the same period last year. Continue reading


How long will Nokia go before a giant Scandinavian pacesetter is finally wiped out?

Thursday, 21 July 2011
Nokia
What will Nokia do to turn its furtunes back to its past glory or are we seeing the gradual death of the giant company that once led the way in Mobile phone manufacturing? Read more

“Make the Greek debt burden manageable”: Swedish Finance Minister, Borg

Thursday, 21 July 2011
In a statement to Swedish news agency TT, the Swedish Finance Minister, Anders Borg said that it is important that EU leaders will make the Greek debt burden manageable for Greece.

Impressive performance from Swedbank

Thursday, 21 July 2011

Swedbank reported a more than doubling of net profit in the second quarter. The big Bank's net interest income continued to be strengthened, and beat analysts' expectations.

Unknown Danish donate a million Danish Krona to Danish Red Cross in strange way

Wednesday, 20 July 2011
A worker for the Danish Red Cross charity shop in the Danish Town of  Jyderup on Tuesday emptied a container of cloths and donated gifts only to  find that among them was an envelop full of hard cash.

The Swedish defense investigated for suspected bribery

Wednesday, 20 July 2011
The Chief Prosecutor of the Swedish Unit against Corruption, Alf Johansson yesterday launched an investigation into corruption in the Swedish Armed Forces. Read more


How the Swedish Saab Subcontractors want to involve Antonov in Saab business

Wednesday, 20 July 2011
Saab Automobile’s contractors are tired with the problems tied to the car manufacturer’s persistent lack of capital and have come up with a cleaver way to flush Vladimir Antonov in to the blood stream.

Handelsbanken report an impressively better than expected performance

Wednesday, 20 July 2011

Handelsbanken reported an operating profit of Skr4.136 million in the second quarter. That compares with profit of Skr 3.539 million a year ago.

Volvo's City safety system is praised as the best in US tests

Wednesday, 20 July 2011
Volvo Cars safety system, City Safety has been reportedly given high marks by analysts in the U.S.A.


Volvo XC60, Img/ Volvo

Maersk increasing pollution of the North Sea

Tuesday, 19 July 2011
AP Moller-Maersk Group last year had major problems complying with the law of oil spill at the company's platform in the Tyra East field. The company is reported to have violated oil spill rules. Read more

Nordea profit impressive profits but failed to meet analysts’ expectations

Tuesday, 19 July 2011
Nordea Bank Group reported an operating profit of €949 million or about Skr8.76 billion in the second quarter. That compares with profit of €730 million a year ago.

Shortage of Biogas in Sweden

Tuesday, 19 July 2011
Sweden is experiencing a shortage of biogas for vehicles, showing the challenges faces in creating evironmentally friendly energy




Norway charms Swedish teachers and they are moving there in their drove

Monday, 18 July 2011
Teachers

Expectations of third Swedish repo rates hikes waited in the autumn

Monday, 18 July 2011
oreSvante Öberg- Imag, Riksbank
The First Deputy Governor of the Swedish central bank, (Riksbanken) Svante Öberg believed that the risk to inflation remains on the upside and that he still believed that the repo rate would be increased at the third meetings this fall.


Plans to make Denmark a Down syndrome – free heaven  
Sunday, 17 July 2011
healthcare

Four major Swedish banks pass EU stress test - Eight European banks failed

Friday, 15 July 2011

The four major Swedish banks perform well in the EU stress test carried out by the European banking authority on Friday. Eight other European banks failed signalling that they could not cope with an economic crisis. Continue reading

Average price for a Swedish home reaches an untouchable limit of Skr 2 million

Friday, 15 July 2011
houses
In the past days we have been reporting a slight fall in the Swedish house prices. It turns out that the prices had risen so high that a 1 or 2 percent fall means virtually nothing. Read more

Unexpected loss for Sony Ericsson blamed on the Japanese natural disaster and nuclear meltdownsony-ericsson

Friday, 15 July 2011
Mobile phone manufacturer Sony Ericsson reported a loss before tax of €42 million for the second quarter of 2011. This compares with profits of €31 million corresponding periods of 2010.

“HIV can be eradicating for good, " – Norwegian HIV researcher Dag Kvale.

Thursday, 14 July 2011

Two generations can HIV be eradicated, believes the Norwegian HIV researcher Dag Kvale.

Finland should rigorously attract Russian investors Olli-Pekka Kallasvuo

Thursday, 14 July 2011
Finland should open its doors to Russian investors – this is the view of the former CEO of the Finnish mobile phone giant Nokia, Olli-Pekka Kallasvuo.


Giant banking group, SEB post better results than expected but is it enough

Thursday, 14 July 2011
Swedish giant banking group, SEB reported an operating profit of Skr4.278 million for the second quarter of 2011. This compares with Skr2.675 million in the corresponding periods of 2010.
  • Check out the banks result presentation here


More Swedish people choose distant learning programs

Thursday, 14 July 2011

A record number of Swedish people applied to study for the forth coming fall courses, latest information show. But the pattern is like never before with more choosing to apply for distant study courses than before.


Swedish government at collusion course with aid agency as aid budget in reduced

Thursday, 14 July 2011
The Swedish government has decided to take more than Skr1billion from its economic aid budget.  Aid agencies are strongly critical of the government's action.


Norwegian billionaire missing after a boat accident - feared dead

Wednesday, 13 July 2011

Kiwi director Per Erik Burud is missing following the fatal accident at Tjøme, Norway on Tuesday night / image VG
One of Norway's wealthiest businessmen, Per Erik Burud, is feared dead in a boating accident that happened last Tuesday to Wednesday night, according to news reports in Norway and Sweden

Danish Economists weigh the advantage of Denmark to remain outside the euro single currency Union

Wednesday, 13 July 2011

The support among economists for the single European currency in Denmark declines in step with the problems looming large in the euro countries. Read more

SIBA and NetonNet can be the electronic retailers to follow Onoff

Wednesday, 13 July 2011
Another company in the bad side of the price war in the Swedish electronic market is Siba and internet electronic retailer Net on Net. Fears now is that they to could be following Onoff. Read more


How Swedish mortgage customers are paying for banks’ borrowing bills

Wednesday, 13 July 2011
Swedish mortgage rates increase more than the banks' borrowing costs, even if one look at the repo rate. Read more as to why and how


Stockholm Stock Exchange's shareholders under the investigation for bridge of competition guidelines

Tuesday, 12 July 2011

The Swedish Competition Authority suspects that the Stockholm Stock Exchange, OMX owners have created a situation where competitions in trade in Nordic securities have been constricted to give then unfair advantage. As such the market is being look into. Read more

Denmark gets top marks despite financial turmoil and economic woes

Tuesday, 12 July 2011

In a new analysis of the Danish economy, credit rating company Moody's has a very good feeling about the Danish economy, but points to the fact that the decline in the economy has weakened Denmark's financial strength considerably. Read more

Which are some of the best global 15 cities in the world for business start-ups? Stockholm is one them

Tuesday, 12 July 2011

Stockholm city , Sweden
If the Idea is to start a business, then Stockholm is a place to be according to latest assessments of the best cities to start a business in the world.

Brazil to decide on the Gripen business with Sweden at the earliest next year

Monday, 11 July 2011


Brazil reaffirms that it is postponing its decision on which fighter aircraft it will want to buy till next year the earliest. The Swedish fighter jet, the Saab's Gripen is one of three planes competing for attention and the Brazilian business. Read more

Researchers that want to work in Denmark should pay for their opportunity

Monday, 11 July 2011
Researchers who want to work in Denmark should find it particularly easy access to the Danish labour market, says the Danish Immigration Service on its website. But in reality is it so?

Saab automobile has received money for the sale of its factory

Monday, 11 July 2011Saab
Saab Automobile has now received money from its property sales. This was confirmed by the car manufacturer's information chief, Eric Geers according to the Swedish business daily, Dagens Industri

Prayers of the Swedish people? More believe in falling house prices…

Monday, 11 July 2011
house
The proportion of Swedish households who believe in falling house prices in the future has increased dramatically in the past month, from 22 to 33 percent, and those who believe in the rising prices are no longer in the majority.

Sweden Democrats party not happy that Prime Minister Reinfeldt is under estimating its influence. Now wants to frustrate the PM
Sunday, 10 July 2011

Sun cream can damage the ability to have children

Sunday, 10 July 2011


Swedish Christian Democrats’ youths call for the compulsory institution of Swedish language test as a prerequisite for Swedish citizenship

Sunday, 10 July 2011
“Abolish multiculturalism and introduce language tests for new citizens,” this is the view of Aron Modig, newly elected chairman of the Sweden’s Christian Democratic Party Youth League. Read more

Denmark's obesity epidemic is out

of control - reports

Sunday, 10 July 2011
A record high number of Danish adults are now obese and thus have greatly increased risk of chronic diseases and die prematurely.


New border policy could see Sweden distance itself from Denmark in crucial economic matters.

Friday, 08 July 2011

Talks of expanding investment in Nuclear power stirs up quarrel within the Swedish government

Friday, 08 July 2011


Increase Swedish Industrial production in May

Friday, 08 July 2011
Morning Industry production data show that the Swedish economy is still booming. But the modest orders testify that a slowdown is in sight. It is worrying that the orders do not increase more according to analysts.

Swedish minister sobs as she recounts how great immigrants are building Swedish economy and how they are abused.

Thursday, 07 July 2011

Swedish minister of economy sobbed as she gave her last speech as leader of the Centre party on Thursday at Almedalen which she praised the Swedish immigrant pouplation for supporting the welfare system though they always got bad press. Continue reading

Racism growing in Finland and children are the main target – Scary!

Thursday, 07 July 2011
racism in school
Children and teens are encountering more and more racist attitudes in their daily lives in Finland today than before, according to a new research. Read more

Swedish government payment unexpectedly in deficit in June

Thursday, 07 July 2011
swedish
Swedish government payments resulted in a deficit of Skr20.4 billion in June. The Swedish Debt Office's forecast pointed to a deficit of Skr14.7 billion.


Question: Is the rail link  between Stockholm city and Arlanda airport operated by a monopoly? Yes. What do swedish opposition parties want to do about it?

Thursday, 07 July 2011

The Swedish opposition parties are calling for the renegotiation of Stockholm city- Arlanda airport train traffic which is currently  run by a company as a monopoly. Read more as to why?

Swedish people’s party want to attract more immigrants to Sweden.

Wednesday, 06 July 2011

Population is a great resources especially a population that is educated and has a strong consuming power. This is why even though countries like the USA, Germany and the UK have a smaller population that the like of India, China, Bangladesh etc., these fore mentioned countries are economically strong.This now hitting home to Swedish political parties such as the people party which proses to attract more industrious and educated people to Sweden. Read more

Reasons why more Swedish children are pushed into poverty – blame on governments or parents?

Wednesday, 06 July 2011
child-poverty
One clue: More Swedish families evicted from their homes despite government pledge to support parents and keep children at home not on the Swedish streets. Read more

Norway to tighten border controls especially order with Sweden

Wednesday, 06 July 2011

Norway wants tightens border with Sweden so as to reduce the amount of asylum seekers entering the country. Read more

Swedish People’s Party want Chinese to taught in Swedish schools

Wednesday, 06 July 2011chinese
Liberals or the Swedish People’s party want Sweden to be the first country in Europe to introduce Chinese from primary, secondary and higher schools of taught. Read more

The rise and fall of Nokia: How Nokia’s top engineers pushed the company to the brink

Tuesday, 05 July 2011

In the heydays of Nokia, which is in 1997s, suddenly 45 Nokia’s top engineers created their own companies, with the intention to work for Nokia's biggest competitors but that move later backfire. This was a bold move that would have tipped Nokia off the cliff long ago. Read more

New Danish border controls in place on Wednesday despite intense criticism

Tuesday, 05 July 2011

On Wednesday, the Danish authorities will make the new heavily criticized Danish border controls to become a reality. Therefore, despite huge protest and criticism, the Danes are adamant to create a new border within the EU. Read more


Swedish central bank, the Riksbank raises interest rates again

Tuesday, 05 July 2011

Norwegian oil fund make multi – million Euro investments in Parisoil

Widespread cheating and corruption in the Swedish construction sector

Tuesday, 05 July 2011

Immigrants in Sweden start their own businesses for lack of alternatives and political pressure

Tuesday, 05 July 2011


EIB finally approves Saab's sales of property Business

Monday, 04 July 2011

The thorn in the flesh of Saab, the European Investment Bank (EIB), has finally approved the Saab's property sale business.

Increase activities in the Swedish real estate market as Swedish investment competitiveness attract foreign investors

Monday, 04 July 2011
The total transaction volume on the Swedish property market amounted to Skr29 billion during the second quarter of 2011.

Swedish Prime Minister, Reinfeldt accuses opposition leader Juholt of betraying the Swedish people

Monday, 04 July 2011

The first shot in the Swedish holiday’s political retreat sees Prime Minister Fredrik Reinfeldt getting on the offensive and taking the first hot at the leading opposition leader Hakan, Juholt. Read more what and how

Lots of rats flushed out from their under Copenhagen den by flood water

Monday, 04 July 2011
The heavy flooding experienced in Copenhagen, Denmark has forced large population of rates both alive and dead to be flushed out of their various dens from under Copenhagen.


Two Swedish freelance journalists arrested and detained in Ethiopia

Monday, 04 July 2011

Martin Schibbye and Johan Persson arrested in Ethiopia (Imag/Svt
The Ethiopian army has arrested two Swedish journalists (pictured) in the region of Ogaden, according to Swedish media. Read more

The Swedish people want their schools to be state run

Monday, 04 July 2011

Contrary to the view that privately run schools would improve academic results and improve the learning experience, such is not the reality in Sweden.


Copenhagen brought down by heavy rains

Sunday, 03 July 2011

Copenhagen under water
Copenhagen's motorways and railway lines were bathed in water on Sunday after an intense torrential down pour which has paralyzed the traffic in large parts of the Danish capital. Continue reading

Sweden’s household debt mountain is

debt

decreasing faster than expected but there is still demand for it to fall faster and quicker

Saturday, 02 July 2011


Swedish contingency plan leads to a whole country 3D scan

Saturday, 02 July 2011
3-D-imaging
The whole of Sweden is being scanned in a 3D process that is aimed at giving better dimension and details of the country’s landscape and areas.

Deep water cables will facilitate Swedish

electricity supply to Lithuania

Saturday, 02 July 2011
Despite persistent increase in electricity prices in Sweden, the country is still determined to sell some of its energy abroad to the Balkans.

Danish border control mechanism confirmed

Friday, 01 July 2011
oresund
Öresund bridge linking Denmark and Sweden
The Danish Assembly's Finance Committee today approved a controversial proposal to increase border controls at the border with Germany and Sweden.


Sweden expects interest rates rise to 2 percent

Friday, 01 July 2011


Technical failure in steering forces Volvo to recall S80 cars

Saturday, 30 July 2011

Success always comes with a heavy price. Volvo recalls 8,406 cars of the Model Series S80 in the U.S.

Fall in Violence in Denmark

Thursday, 28 July 2011
Despite consistent threats and knife attacks, the risk of violence in Denmark declined by 8 percent

H&M Team up with David Beckham to launch his new body wear range

Thursday, 28 July 2011
David Beckham will together with H&M make his Bodywear range for men available to millions of fans globally through a long-term partnership.

Lower profits for Astra Zeneca

Thursday, 28 July 2011
Pharmaceutical giant AstraZeneca reported a profit before tax of $2.858 million, equivalent to about Skr18 billion, for the second quarter of this year.

Vattenfall sells Belgian operation

Wednesday, 27 July 2011
Vattenfall sells its Belgian operations to the Italian energy company Eni for €157 million, about Skr1.4 billion.

Meda responds to article in The Wall Street Journal

Wednesday, 27 July 2011

Norsk Hydro's profit better than expected

Tuesday, 26 July 2011
Norsk Hydro reported a profit before financial items of Nkr1.906 million in the second quarter of this year.

SCB: Swedish Import prices up in June


Skanska receives British orders

Tuesday, 26 July 2011
Skanska and Costain UK have been commissioned to oversee the building of Crossrail Paddington Station in London.

Meda: Sublinox approved in Canada

Monday, 25 July 2011
The Canadian regulatory authority (Health Canada) has approved Sublinox for treatment of insomnia.

Saab has paid its workers wages this on time

Monday, 25 July 2011
Saab’s workers’ salaries have come in as it supposed to announce by Hakan Scotland, head of the union, IF Metall at Saab in Trollhattan, on Monday morning.

A peek into how modern far right extremist views can lead to carnage
Saturday, 23 July 2011

Anders Behring Breivik, aged 32, was arrested after the massacre of 80 young people on Utöya and the bomb that killed at least seven people in central Oslo. He expressed extremist views on places including Facebook.


Finland leading the scale of retirees in the Nordic

Thursday, 21 July 2011
1.464 million People, that is around one in four Finns had to retire at year end.

Hopes for lower electricity prices this winter as the reservoirs collects more water

Thursday, 21 July 2011

One in five Dane knows a cocaine user

Wednesday, 20 July 2011
One in five Danish residents knows someone who has taken cocaine. It can be either an immediate family or among colleagues.

Great shortage of IT experts in Denmark

Tuesday, 19 July 2011
ITDanish IT companies now have so many export orders that they lack between 2,000 and 4,000 highly trained engineers and other specialists in the sector.

Electrolux worse than expected

Tuesday, 19 July 2011
Appliance manufacturer Electrolux reported a profit before tax of Skr696 million for the second quarter.

Nokia on a collision course with the Russian blogger

Monday, 18 July 2011
nokia
Nokia’s share price is increasingly affected by bloggers writing about the company’s new products.

Rise in SKF's profit despite uncertainties

Friday, 15 July 2011
SKF
Bearings giant SKF reports a profit before tax of Skr2.446 million for the second quarter of 2011. That compares with profit of Skr2.047 billion for the corresponding periods of 2010.

Airliner, Norwegian turned into profit

Thursday, 14 July 2011
The Norwegian budget airline, Norwegian reported a profit before tax of Nkr 75 million for the second quarter.

Finnair will begin using bio fuels

Thursday, 14 July 2011

The airline Finnair will start flying on biofuel for the first time next week.

New all time low for Finnish mobile phone giant Nokia

Wednesday, 13 July 2011

Antonov’s organisation criticised by Lithuanian authorities for reckless lending

Wednesday, 13 July 2011



Electrolux buys Olympic Group

Sunday, 10 July 2011
Electrolux has signed an agreement to buy 52 percent stake in the Egyptian white goods giant Olympic Group.

Norway wants to work with Sweden on power plant development
Sunday, 10 July 2011
A Norwegian - Swedish initiative is being talked about to create energy for the two countries.

Challenges to the Swedish Pharmacies market after deregulation – How to make a profit

Friday, 08 July 2011

The largest player in the Swedish pharmacy market, Apotek Hjärtat, reported a loss of Skr358 million after tax, indicating how tough the the deregulated Swedish Swedish pharmacy market could be.

Danish airline Cimber Sterling bought over by Ukrainian business consortium

Thursday, 07 July 2011
Cimber
The Danish airline Cimber Sterling has been bought by investment company Mansvell, led by Ukrainian Igor Kolomojskij.

Record traffic for Oslo based Norwegian, the airliner

Thursday, 07 July 2011

The Norwegian budge airline Norwegian has seen its passenger traffic (RPK) rose by 25 percent in June, compared to the same month last year.

More Swedes are less satisfied with their jobs

Wednesday, 06 July 2011
stress
Job satisfaction in Sweden is falling like never before and this seems to be the price to pay for the economic boom the country is experiencing.

Ikea gets rid of IT professionals

Tuesday, 05 July 2011
Ikea outsources parts of its IT operations to three external companies, HCL, IBM and CAP.

Nokia finally decides to slash prices of its mobile phones

Tuesday, 05 July 2011

Finnish mobile giant, Nokia has started dumping prices of its several mobile phones to as much as 15 percent.

Swedish Debt Office approves Saab Business

Tuesday, 05 July 2011
Just as we reported in the morning, the Swedish debt office has approved Saab automobile’s business just after the EIB approved its operations.

Monday, 04 July 2011

Alfa Laval wins major brewery order in Brazil


Saab worker to get vacation immediately production starts even though they have not been working

Sunday, 03 July 2011

Volvo Cars sales in North America increase sharply especially in the U.S.

Saturday, 02 July 2011
volvocars
Volvo Cars is doing well and is gradually cracking the American market after it was dumped by Ford.

Russian billionaire Antonov want to cut Saab’s ties with the EIB

Saturday, 02 July 2011
antonov
The Russian financier Vladimir Antonov wants Saab to cut ties with the European Investment Bank (EIB).

Swedish Shipping companies opting for arms against pirates

Friday, 01 July 2011
In April the Swedish government launched a rapid investigation, to find out if the Swedish ships should use armed guards to protect themselves against pirates.

 



front-page

Danish universities admit record number of students as most escape the economic crisis to seek further studies

Saturday, 30 July 2011
students
Latest data out of Saturday show that a record number of students have been admitted to various courses at different schools of higher learning in the country.

Growth in Swedish Retail sales for June - rose 3.4 percent

Thursday, 28 July 2011
Swedish retail sales rose 3.4 percent in June compared to the same month last year.

Too much holidays in Denmark and Germans: An EU comparison

Wednesday, 27 July 2011

Minute of silence on the Oslo Stock Exchange

Monday, 25 July 2011
The stock exchange in Oslo will hold a minute's silence at 12 o'clock in honour of the victims of terrorist attacks in Oslo and at Utöya.

Autoliv becomes “Strategic Supplier” to Great Wall Motor

Sunday, 24 July 2011
Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb) – the global leader in automotive safety – today announced that it has signed a Strategic Cooperation agreement  with Great Wall Motor Co., Ltd., in the area of automotive safety systems.

British Private Equity Company buys Swedish cable network Comhem

Thursday, 21 July 2011
Private equity group BC Partners based in the UK has bought the Swedish cable television and internet company, Comhem.

Electronic retailer Experts take over 30 of Onoff stores

Wednesday, 20 July 2011

Finnair finally flies on biofuel

Wednesday, 20 July 2011

Credit Card Fraud increasingly common in Sweden

Tuesday, 19 July 2011
Nearly one out of ten Swedes has been exposed to a sort f scam over the past year, according to a poll conducted by pooling organisation, Sifo, commissioned Swedish television.

Sweden the biggest in Scandinavian producer of crude steel

Tuesday, 19 July 2011
Sweden is now classed 29 among the world's steel producing countries, a climb of seven places from 2009 to 2010.

Stockholm Stock Exchange continues to perform below expectation and poor result means the Exchange has to sink further

Monday, 18 July 2011

After a weak opening of the Stockholm Stock Exchange, trading just went down further around lunchtime on Monday. The already dismal stock market mood was even worse since Atlas Copco reported a result that did not meet expectations.

Swedish trader’s optimism comes to a halt

Monday, 18 July 2011
shopping
Sweden counts heavily on its small domestic market for improved economic wealth development as such sales in the domestic stores should continue to maintain the current exuberance the country’s businesses are enjoying. Or no!

Increased suspected cases of money laundering in Sweden

Monday, 18 July 2011

Low demand for Saab 9-4X begs the question whether it is the salvation dreamt of

Saturday, 16 July 2011

The first samples of Saab’s U.S. crossover are now available at retailers. But only 100 are pre-ordered. The fear is that this might turnout to be the saviour Saab had hopped to turn it’s harden situation around.


Fears that the Danish biotech sector is gradually disappearing

Monday, 11 July 2011
The Danish biotech sector had been identified as the new wind industry and one of the areas in which Denmark will rely on growth in the future. But right now it does not feel as if that reality is being made possible.

Big is better for the Swedish Education sector

Monday, 11 July 2011
Sweden love big companies and here it comes in the education sector as tow independent schools, Academedia and Pysslingen Preschools are to merge.

How tourist pay very high Credit Card Fees in Denmark

Sunday, 10 July 2011
Tourists spend a lot of money in Denmark. But they also pay exorbitant fees when they swipe their payment via cards.

Increased flights activities on Swedish air space as travel increase by ten percent

Friday, 08 July 2011

Swedish Unemployment rises

Friday, 08 July 2011
A troubled spot in the Swedish economy, unemployment persist as open unemployment in the country’s workforce reached 4.1 percent in June, compared with 3.8 percent the previous month. In June 2010, unemployment was 4.8 percent.


Heavy Snow fall in Sweden may have given pushed for oversupply of houses in the second quarter

Friday, 08 July 2011

Finnish trade with developing countries expand

Thursday, 07 July 2011
Finland carried out more trade with developing countries last year compared to the year before.

Lithuania doing better than thought

Thursday, 07 July 2011
Lithuania's economy is doing better than expected according to latest report from the Swedish bank SEB.

Wednesday, 06 July 2011

swedish Tourist companies believe in a better future


Monday, 04 July 2011

More Swedish recruitment carried out through recruitment agencies


Kungsleden divests properties to Hemsö

More credit fraud in Sweden in the past months than expected.


Diamyd appoints Peter Zerhouni as President


Sunday, 03 July 2011

Train cancellations due to lack of train drivers hit western Sweden. Traveller warned to be cautions about journey plans


Saturday, 02 July 2011

Painfully hard to get a jobs in

Denmark these days









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