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AB Volvo's earnings higher than expected

Thursday, 26 April 2012
The vehicle manufacturer AB Volvo reports a profit before tax of Skr5.602 million for the first quarter of 2012. This compares with profit of Skr5.847 million a year ago.

Ericsson in electric car partnership


Nordic Mines stressed by increasing losses


AB Volvo and Patria in o get into Partnership


Trollhattan still attractive industrial city despite the demise of Saab automobile


Saab automobile is to be sold as a whole unit as growing bid for the company continues


Chinese Company, Youngman determined to nab Saab automobile with augmented bid


Danish banking sector needs more capital – a new banks’ stress test show



Vestas receives record contract

Monday, 25 June 2012
The Danish windmill manufacturer Vestas Wind temporarily turned up on Monday morning after the company announced its largest service order to date.

World Health organisation shoot Swedish truck maker in the arm - Diesel Causes Cancer

Wednesday, 13 June 2012
Swedish heavy truck and heavy duty vehicles makers such as Volvo and Scania will start having sleepless nights after World Health organisation (WHO) said that exhaust from diesel can cause cancer.

The people behind the possible purchase of Saab automobile used to be Volvo advisers

Tuesday, 12 June 2012
As the dust of the sale of Saab automobile is gradually settling, those in the fore of the game are beginning to be identified.

Defence group Saab plans to place a bid on Dutch firm Hitt

Thursday, 07 June 2012
Defence group Saab plans to make a bid for the Dutch company, Hitt, which develop solutions for improved security at airports and marine environments.

Volvo Cars makes billion profit but CEO takes a cautious look ahead

Wednesday, 02 May 2012
The Chinese company Geely owned Swedish automaker,  Volvo reports a profit for 2011 of Skr1.636 billion before interest and tax. Sales rose 20.3 percent to 449 255 cars. Turnover was Skr125.5 billion.

Surprise as Spyker reports profit after Saab's bankruptcy

Monday, 30 April 2012
The Saab Automobile's bankruptcy is taken over nine billion, and many creditors will not get a dime. But Saab's former owner, Spyker, manages to show a profit of over Skr140 million just because of the Saab bankruptcy.

Did Political prisoners of in former East Germany built Ikea furniture?

Saturday, 28 April 2012
Swedish television has turned again on Ikea and revealed that in the former East Germany (GDR) political prisoners were used to build furniture in which the company Ikea sold in its various markets.  At that time prisoners where used to work to produce products cheaply for mostly western companies. So among the companies that took advantage of the cheap labour, was Swedish Ikea. The company rejects the allegation.

Electrolux improved and beat expectations

Wednesday, 25 April 2012
Good sales and higher prices mean that home appliance manufacturer Electrolux, with CEO Keith McLoughlin, managing to beat expectations for the first quarter. Both sales and profits were higher than analysts had expected.

Great expectations from SKF as profit reach expectations

Thursday, 19 April 2012
Bearings manufacturer SKF reports earnings in line with expectations. CEO Tom Johnstone paints, however, an unexpectedly bright picture of the situation.

Swedish defence group Saab reports boost in profits

Thursday, 19 April 2012
Defence and Security Company Saab’s operating income presented for the period January -March 2012 was Skr 398 million against Skr368 million for same period a year ago. This corresponds to an operating margin of 7.1 per cent over 6.7 same period in the past.

Volvo lost U.S. dispute, would appeal

Monday, 16 April 2012
AB Volvo's subsidiary Volvo Powertrain has lost a dispute with the U.S. Environmental Protection Agency EPA and therefore has to pay more than $ 72 million, representing approximately Skr490 million in penalties and interest.

Swedish military hardware producer, Saab receives order from the UK

Thursday, 12 April 2012
Swedish defence and security company, Saab and the UK Ministry of Defence (MoD) has signed a two year extension contract for the Deployable Tactical Engagement Simulation training system (DTES) Managed Service, used by the British Army.

Defence group Saab extends contract with Airbus

Wednesday, 11 April 2012
Defence and security company Saab says it has received a contract extension with Airbus for the A320-family Aileron for the life of this programme.

Chinese Youngman has lodge its bid for Saab

Tuesday, 10 April 2012
The Chinese company, Youngman, who persistently tried to get buy Saab automobile has, according to an informed source given its final offer for a bid for the bankrupt company before the deadline expired at 17 hours on Tuesday.

Volvocar corp. moves development department to Denmark

Tuesday, 10 April 2012
Swedish / Chinese car maker, Volvo Car Corporation will open a new development office specialising in HMI (Human Machine Interface) in Copenhagen.

New orders for Swedish industries decreased

Tuesday, 10 April 2012
New orders for Swedish industry decreased by 5.5 percent in seasonally adjusted figures in February compared to January.

The deadline for Saab automobile bid today

Tuesday, 10 April 2012
Today is a milestone for Saab Automobile's trip through bankruptcy as the stakeholders that want to buy the estate must submit their final bids today.

Fall in Swedish industrial production

Tuesday, 10 April 2012
Uncertainty in the US job creation is not the only thing affecting investors in Swedes and Scandinavian at large but also the fall in Swedish industrial production.

Truck Maker Volvo Signs agreement with DEUTZ to Look at Extending Cooperation into Asia

Thursday, 05 April 2012
Swedish truck maker Volvo AB (VOLV-B.SK) said Thursday it has signed a memorandum of understanding with DEUTZ AG (DEZ.XE) to look at extending their long-term cooperation on jointly developing medium-duty engines for off-road applications.

Swedish Prosecutor satisfied with decision to jail two Volvo officials

Wednesday, 04 April 2012
Swedish state prosecutor, Nils-Eric Schultz, is pleased with the conviction of two former executives of AB Volvo's subsidiary, Volvo CE, who paid millions of dollars in exchange for contracts in Saddam Hussein's Iraq.

Saudi secrete weapon deal that was exposed could be costly for Swedish companies

Tuesday, 03 April 2012
Saudi Arabia is Sweden's most important market in the Middle East. The civilian good exports last year totalled a value of Skr12 billion.

Bankrupt Saab automobile’s liabilities larger than previously thought - Skr13 billion

Tuesday, 03 April 2012
The bankrupt Saab Automobile’s liabilities has been accounted to stand at between Skr12 and Skr13 billion, and assets including land is a "a fraction of this." This low mismatch was not known before.

Even without Saab, Volvo cars still face stiff competition in the Swedish service car sector

Wednesday, 28 March 2012
Now that it looks like Saab automobile is either dead or still taking enjoying a long deep sleep waiting of its prince to come and kiss it so that it can wake up, Volvo has in the past months become the giant player in the growing Swedish company car market  or know here as service cars. This was also true in 2011 when some official including the police decamped from struggling Saab to Volvo.

The Buyers of Volvo Aero is revealed

Wednesday, 28 March 2012
The British engineering company GKN is likely to buy Volvo Aero within the coming month reports Bloomberg News late on Tuesday afternoon, referring to people familiar with the matter.

Volvo Heavy equipment Chief tracks strong growth in machinery

Tuesday, 27 March 2012
Strong global growth will give their construction equipment a boost, according to Patrick Olney, president of Volvo Construction Equipment, which according to current industry tracks growth in annualized revenues of Skr25 billion.

Volvo recalls 115 000 cars in Sweden

Monday, 26 March 2012
Volvocars corps recalls 115 000 cars of this year's model, 15,000 of them in Sweden, Volvo Cars says it has to do with defect that could affect the airbags feature.

Some operations in Saab factory as some last unfinished vehicles completed

Monday, 26 March 2012
On Monday, there were some operations again at Saab Automobile in Trollhättan. But this was not a sort of permanent operation that could be associated with a finalize deal by some one or authority taking the company over.

Japanese-Chinese consortium reportedly bid for Saab

Friday, 23 March 2012
A Japanese-Chinese consortium is now involved in the battle to buy bankrupt Saab automobile factory in Sweden according to reports.

BAE Systems opens a fighter jet plant in Lancashire, UK

Friday, 23 March 2012
BAE Systems opens a new £150m ($240m) facility later to increase US F-35 jet fuselage production by extending its site in Samlesbury, Lancashire….reports the BBC

GM plans close plants in Europe

Friday, 23 March 2012
The vehicle manufacturer General Motors (GM) is planning to close one or two car plants in Europe as part of a savings program to save the loss unit Opel / Vauxhall.

Stora Enso is investing big in China for Sustainable competitive differentiation in the world’s fastest-growing packaging market

Tuesday, 20 March 2012
Stora Enso plans to build a plantation-based integrated paperboard and paper mill in the city of Beihai in Guangxi in southern China. The company will service the rapidly growing market for liquid packaging and other high-quality consumer board types.

Volvo trucks doing well in a very increasingly diverse global market

Friday, 16 March 2012
Volvo Group's total truck deliveries rose 3 percent to 18 395 in February, compared with same period last year according to delivery statistics from Volvo, beating analysts expectations.

Alfa Laval wins SEK 50 million brewery order in Indonesia

Wednesday, 14 March 2012
Alfa Laval has won an order to supply a variety of Alfa Laval products to a brewery in Indonesia.

Operation still going at Saab automobile despite the company still seeking buyer

Tuesday, 13 March 2012
The Saab bankruptcy administrators will continue to keep operations in Saab active while seller sought for the assets of the company as a whole. A number of foreign and domestic stakeholders are still in the game of buying Saab, and now they will be joined by Saab specialists for answers to their questions.

Volvo Technology to be used in creating new car model for Chinese Geely

Friday, 09 March 2012
Volvo Car Corporation and the Chinese owner Geely are launching enhanced technology cooperation, with a focus on new technology including electric and hybrid cars. This is another step taken to create a common brand.

Officials of the Chinese Company Youngman met with Swedish government

Wednesday, 07 March 2012
The Chinese company that looks desperate to buy over Saab automobile, Youngman, has in recent days met with both the Swedish government and the leader of the leading opposition party, Social Democrats,  Stefan Löfven in their attempt to work at a much higher level in their pursuit to buy Saab Automobile.

Volvo Cars makes new car brand in China

Wednesday, 07 March 2012
Volvo and Geely have begun to develop an entirely new brand of cars designed for the Chinese market.

Indian billions bid for Saab automobile

Tuesday, 06 March 2012
As the question for Saab ownership continues, more bid are falling in. A new bid has reportedly come from India’s TATA motors to Saab automobile as interest in the brand continues to attract.

Turkish bidder for Saab automobile withdraws bid claiming that "GM wants to kill Saab"


Swedish Saab becomes one of the world's leading producer and exporter of war materials as the sector grew globally in 2010 despite economic decline

Monday, 27 February 2012


Volvo wants to rip Saab automobile’s machinery  and ship them to China in a secret bidding

Friday, 24 February 2012


The Chinese Youngman has placed another bid for Saab automobile

Monday, 20 February 2012


Indian company, Mahindra reported to have bought bankrupt Saab

Thursday, 16 February 2012


Stora Enso cuts in Sweden as the as its bottom line remains threatened


British companies place major orders for Scania trucks


Saab's bankruptcy estate interests Volvo and it has show such interest at last