Thursday, 14 November 2013
Swedish banking giant, Swedbank announces some managerial appointments. Anna Felländer, previously head of Macro Research, has been appointed Chief Economist and Olof Manner has been recruited as head of Macro Research at Swedbank.
Wednesday, 13 November 2013
Swedbank announces that Jonas Erikson, currently head of Group Treasury, has been appointed head of Group Products. He succeeds Catrin Fransson who is leaving Swedbank to become President and CEO of the Swedish Export Credit Corporation.
Wednesday, 13 November 2013
Loomis, the company that carry out distribution, handling and recycling of cash for banks, retailers and other commercial companies via various international networks has announced some change in its management team.
Monday, 11 November 2013
Niklas Zennström's venture capital firm Atomico has attracted new billion. The company's third fund has just been closed, after securing $ 477 million, equivalent to Skr3.1 billion in capital.
Wednesday, 30 October 2013
Security vulnerabilities in a server meant that within a period of eight months, three million patient records in Sweden were left completely unprotected. And there are traces of intrusions in the computer systems which mean the records might have been compromised.
Friday, 11 October 2013
The Stockholm County Council has Skr5 billion at its disposal but is finding it hard to spend it. Now the County council’s finance Commissioner, Torbjörn Rosdahl is appealing to the local governments and the country to come up with ideas and helpful solutions on how to spend the money.
Middle managers in Swedish listed companies being pushed to be stronger and riskier decision makers.
Tuesday, 08 October 2013
Hard economic times call for harder resolves and managers who can take quick decision to meeting the challenging business environment. This the route being carved out by Swedish list companies thus leaving behind their consensus management model.
Wednesday, 02 October 2013
The Finnish Financier, Björn Wahlroos who is the chairman of Nordea, is warning that one of the biggest problems facing Europe today and the world is the European single currency, the Euro. According to him, the strength of the currency makes no sense for business.
Former CEO of Swedish pension Fund Company, paid himself well and provided himself with a great pension
Saturday, 28 September 2013
The board of Directors of the property company, Norrporten owned by the Swedish wealth management company AP fund, is making a complaint about its former CEO, Anders Wiklander, for fidgeting with the company's account for his own self interest.
Friday, 27 September 2013 / updated Saturday, 28 September 2013
The board of directors of the Swedish energy giant, Vattenfall will be in discussion soon about the future of the company's CEO Øystein Løseth. This comes after the Swedish business daily reports that he has signalled that he will not renew his contract with the company.
Wednesday, 11 September 2013
Former Swedish Minister, Nyamko Sabuni of the People's Party, is taking a new position in company ÅFAB.
ÅF AB is the parent company in the ÅF Group with head office based in Stockholm.
Microsoft and Nokia bosses in Finland for charm offensive - Steve Ballmer visits Finnish Parliament for discussion with politicians
Thursday, 05 September 2013
Top officials of the stuffed Nokia and Microsoft, outgoing Nokia CEO Stephen Elop and Microsoft CEO Steve Ballmer met with Nokia employees in Oulu and Tampere on Wednesday. At the same time Steve Ballmer went to the Finnish parliament for what has been described as charm offensive and reassurances.
Resigns from the board of directors after revelations that she used job seekers resources to boost her own interest
Tuesday, 03 September 2013
A rear position held by a black person in Sweden has brought the aspiration of that sector of the community under further strains when a board member is forced to resign after it emerged she used resources destined for job seekers for her own interest.
Despite her dismissal, former Directors, of Swedish Employment Services Angeles Bermudez-Svankvist keeps her pay
Tuesday, 27 August 2013
The director of the Swedish employment services, Angeles Bermudez-Svankvist who was dismissed last Sunday will continue to keep her pay despite no longer working.
Friday, 23 August 2013
Former England football manager, Swedish Sven-Göran "Svennis" Eriksson said that his estate had been cheated out of the equivalent of Skr100 million by his former economic adviser or accountant Samir Khan.
Tuesday, 20 August 2013
Swedish bank, Swedbank announces that Anders Karlsson has been appointed Chief Risk Officer (CRO) of Swedbank.
Large cap NASDAQ OMX Stockholm, listed company Boliden announced that Åke Roos has been appointed General Manager for Boliden Rönnskär, succeeding Roger Sundqvist who has decided to leave Boliden
Monday, 05 August 2013
The Gothenburg District Court, on Monday, sentenced six people to lengthy prison terms for financial crimes.
Monday, 05 August 2013
The Swedish free school idea being emulated by the likes of the UK have something more to teach them about how to run a free school. It should not be too big.
Friday, 02 August 2013
In October, the former CEO Stefan Jacoby was sacked as CEO of Swedish Chinese automaker Volvo Cars while on his sick bed in the hospital. In what was seemly determined like a type of power struggle in the Swedish - Chinese automaker, the former CEO got better and is not recruited by a rival of Volvo, General Motors.
Wednesday, 31 July 2013
Norway controls the largest number of foreign companies in Sweden, about 2200, according to a new head country of those pulling the strings in the Swedish corporate scene.
Atlas Copco appoints Johan Halling as Business Area President for Mining and Rock Excavation Technique
Monday, 29 July 2013
Atlas Copco announces that it has appointed Johan Halling as President of the Mining and Rock Excavation Technique business area and member of Group Management, effective August 1, 2013.
Friday, 26 July 2013
The Swedish state owned energy company, Vattenfall that has been in the news recently for poor performances and down grading, has been shown how it had squandered money in the tax payer company. It awarded some of its top managers Skr 132 million in pension bonuses and other financial award even though they participated in the failed business that has brought the company down.
Tuesday, 23 July 2013
One of Sweden's modern day entrepreneurs, Niklas Zennström, just gave a stalk on radio Sweden on his various entrepreneurial bibliographies and identified that IT engineering and environments are some of his most cherished treasures.
Monday, 22 July 2013
Swedish IT companies are having trouble finding badly needed skills in Sweden. Therefore, many are now recruiting from abroad - not within the EU but around the world. Nevertheless, the Swedish Migration Board's long turnaround time of work is hindering company's ability to gain access to these skills bring them to Sweden.
Thursday, 18 July 2013
A former boss of the Swedish engineering company, Sandvik in Poland through intense interrogation has admitted that he paid 10 million zlotys - the equivalent of over Skr20 million - in bribes to managers in the country's mining industry in exchange for orders for mining equipment.
Thursday, 27 June 2013
More Swedish companies are applying for design and trademark protection. This indicates optimism at a time when companies are struggling to capture markets, something that has been described as positive in times of recession.
companies lack cultural infusion compared to those from other Europeans
countries. Likely, it does not affect their business so who cares?
Tuesday, 25 June 2013
The Swedish government has been working hard for some years past to instil some form for a blend of the Swedish culture into the way it big companies present themselves out there. Such efforts have been accounted to have failed.
Thursday, 20 June 2013
Swedish Chinese owned automaker, Volvo Cars corporation said on Thursday that its chief financial officer, Jan Gurander is stepping down and will be replaced by his current deputy, Hans Oscarsson.
14 percent increase in Swedish people declared millionaires as the world added 1 million millionaires
Wednesday, 19 June 2013
The number of millionaires in Sweden grew by 14 percent to 69,000 individuals. These are people who have seen their wealth grow last year - both in Sweden and abroad.
Pay gap between Women and men mangers in Swedish state own organisations show a massive gender-pay bias
Friday, 14 June 2013
Swedish top female managers working for the state owned corporations struggle to earn maximum incomes when compared with their male counterparts. This is a blow to the Swedish properly choreographed egalitarian utopia in which it is popularly held outside Sweden that men and women have equality.
News that Swedish train drivers forced to wear skirt after shorts Prohibition gain international traction
Sunday, 09 June 2013
Perfect loophole in the law which meant that it must be granted - refusal will allow the anti discrimination law will kick in.
Friday, 31 May 2013
China, with its strong growth has long been extremely attractive for Swedish manufacturing companies. But now the interest is fading as more Swedish business executives start looking at China no longer as a favourable place a place to stake their future growth trajectory.