Swedbank announces appointment of New Chief Economist and new head of Macro Research
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.
Swedbank announces changes in executive management
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.
Cash management company, Loomis announces changes in its Group Management
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.
Skype founder, Niklas Zennström's fund close with huge takings
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.
Millions of Swedish patient records left exposed in months
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.
The wealth Sweden don’t know what to do with – help sought in spending Skr5 billion
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.
Finnish Financier, Wahlroos warns that the Euro is the biggest problems for Europe
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.
Øystein Løseth, boss of Swedish Energy giant is seeking a new job career
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.
Former swedish minister, Nyamko Sabuni takes new position in the private sector.
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.
Sven-Göran Eriksson scammed of Skr100 million
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.
Anders Karlsson new Chief Risk Officer (CRO) for Swedbank
Tuesday, 20 August 2013
Swedish bank, Swedbank announces that Anders Karlsson has been
appointed Chief Risk Officer (CRO) of Swedbank.
Åke Roos – new General Manager for Boliden Rönnskär
Wednesday, 14 August 2013Large 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
Six people convicted of serious economic in Goteborg
Monday, 05 August 2013
The Gothenburg District Court, on Monday, sentenced six people to
lengthy prison terms for financial crimes.
Swedish biggest school bankruptcy went down with more that a billion Swedish Krona in debt
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.
Stefan Jacoby lands new top job in GM after being bundled out of Volvocars on his sick bed.
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.
Norwegians continue to buy Sweden and could soon colonise Swedish business ownership
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.
How not to manage a company: Skr123 million to the pension fund of top managers of Vattenfall
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.
Zennström's tips on how Sweden can become the haven for entrepreneurs
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.
Swedish IT industry bemoans slow and long processing times for immigrant badly needed skills
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.
A former boss of Swedish company, Sandvik in Polish entangled in a corruption web
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.
More Swedish companies are protecting their brands now than before
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.
Swedish
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.
Volvocar's
CFO quietly resigns
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.
Are Swedish business executives giving up on China?
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.