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JM acquiring building rights in Mölndal, Gothenburg

Tuesday, 11 June 2013
Property company, JM announces that it is acquiring the “Kvarnbyvallen” project in Mölndal, Gothenburg. The deal is worth SEK 112 million including recognized costs in the project. Occupancy and payment will be in June 2013.

Johan Dennelind appointed New President and CEO of TeliaSonera

Sunday, 16 June 2013
Swedish - Finnish telecoms company, TeliaSonera has had an appointment of a new CEO to replace Lars Nyberg, who resigned in February. He is Johan Dennelind.

British Airways makes order for 10 787 Dreamliner planes

Sunday, 16 June 2013dreamliner
British Airways is reported to have made an order of 10 787 Dreamliner planes, confirmed news reports from the UK according to Reuters news agency. The deal is a worth about $2.5 billion (1.5 billion pounds) ...more from Reuters.

Norwegian registers its Dreamliner in Ireland not Norway - Why?

Saturday, 15 June 2013Norwegian
Airliner, Norwegian has registered its new Dreamliner aircraft in Ireland instead of Norway as the company escapes Norwegian labour laws.

More money pumped into Volvocars Corporation

Friday, 14 June 2013
The Chinese owners of Volvo Cars Corporation, Geely, led by Li Shufu has used its power as the strong shareholder and pumped in nearly Skr1.8 billion into the company.

Just saying: Fire at a top Swedish nuclear power plant Ringhals

Wednesday, 12 June 2013Ringhal
There was a large fire this morning at the nuclear power station Ringhals in Sweden.

Fashion chain H & M'S sales worse than expected

Wednesday, 12 June 2013
H & M same-store sales were flat in May (+3). Total sales rose by 9 percent compared with the same month last year when sales growth was 12 percent.Sales figure is excluding currency fluctuations and including VAT.

Swedish free school company, JB Group files for bankruptcy

Tuesday, 11 June 2013
Swedish free school company, JB Group is filing for bankruptcy, signalling the death of one of Swedish biggest education companies.

Fell asleep on the job, transferred billions, colleague got fired ad a court order the colleague's return

Tuesday, 11 June 2013

Interesting tale in a German work scene in which a banker fell asleep on the computer keyboard during working hours. He transferred load of money to some one and got his colleague fired. BBC reports

Alfa Laval wins SEK 85 million energy-efficiency order in the Middle East

Tuesday, 11 June 2013
Alfa Laval announces that it has won an order to supply Alfa Laval Packinox heat exchangers to a petrochemical plant in the Middle East.

Loomis wins a major cash handling assignment in Norway

Monday, 10 June 2013
Cash handing and security Service Company, Loomis announces that its Norwegian subsidiary has been appointed by DNB, the largest bank in Norway, to take over all their cash handling services in the country.

Swedbank announces tender offer for government guaranteed notes

Monday, 10 June 2013
Swedbank today announced a tender offer to the holders of certain series of its outstanding notes which are guaranteed by The Kingdom of Sweden.

How shortage of wind supply in Denmark lead to record expensive electricity prices. One core disadvantage of wind power.

Friday, 07 June 2013
Denmark just presented an example of the negative side of wind energy. With limited wind speed in the past months, in Denmark, electricity prices have sky rocketed.

DNB Livsforsikring ASA discontinues its operations in the public sector occupational pensions market

Thursday, 06 June 2013

Primary efficacy and safety data from four phase III Japanese studies of Simeprevir presented at The Japan Society of Hepatology

Thursday, 06 June 2013

Increased sales reported in IKEA

Wednesday, 05 June 2013
Last year Swedish furniture giant, Ikea reported a new sales record. Total sales was reported to reach Skr250 billion through the company's 340 stores.

Volvo Car Corporation inaugurates Chinese plant

Wednesday, 05 June 2013
Volvo Car Corp., opened its doors for its new factory in Chengdu, China that will employ 1,100 people and plans to produce for the Chinese and Asian market.

Evidence that Volvocar has started seeing increasing sales in China

Tuesday, 04 June 2013
There is increased evidence that his year, Volvocars has started seeing increased car sales in China. According to reports, sales grew by 27 percent compared with the same period last year.

Autoliv employee receives U.S. Government Award for Safety Engineering Excellence

Tuesday, 04 June 2013
Autoliv Inc., automotive safety systems manufacture announces that Dr. Rikard Fredriksson, Director of Biomechanics and Restraints at Autoliv Research in Vårgårda, Sweden, has received a U.S, Government Award for Safety Engineering Excellence.

Evacuation from a Norwegian North seas oil platform

Friday, 31 May 2013
63 people were evacuated from the platform, Island Innovator in Askøy outside Bergen on Friday after it started moving uncontrollably.

Alfa Laval acquires provider of niche heat transfer products to the U.S. energy market

Thursday, 30 May 2013
Swedish based heat transfer, centrifugal separation and fluid handling, company, Alfa Laval  said it has acquired U.S. based Niagara Blower Company (NBCo), a manufacturer of energy-efficient niche heat transfer solutions.

Loomis wins prestigious cash handling business in Turkey

Tuesday, 28 May 2013loomis
Loomis announces that its Turkish subsidiary has signed a three-year agreement with HSBC Turkey for cash handling services across Turkey.

How the British TV channel 4 gave a different picture of the Swedish fashion house H&M

Monday, 27 May 2013H&M-bangladesh
In an exclusive news report, the British TV channel 4 known for its in-depth investigative news reports has exposed in a first hand view of how worker in Bangladeshi sweatshop factories work.

Danger highlighted in female boxing as Swedish boxing featherweight champion,  Frida Wallberg knocked down cold in title defence fight.

Saturday, 15 June 2013
Swedish female boxing featherweight powerhouse, Frida Wallberg lost her title defence game of the Featherweight WBC belt to the Australian, Diana Prazak in a dramatic fashion that caused panic in the fight auditorium.

A type of drug that transform a human to animal becoming very popular in Sweden

Friday, 14 June 2013
A type of drug that transforms a human being from human to an animal, otherwise known as "deadly cannibal drug" or "zombie drug" has almost made Sweden its home. 

Risky areas in the Swedish housing market - Gothenburg for various reasons...

Friday, 14 June 2013
Despite Swedish house prices, expanding at astronomical levels with  reports of the prices here being over valued, there is increased talks of aspects of risk in some sectors of the market.

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.

Germany has been facing up to the reality of southern European immigrants

Thursday, 13 June 2013
As more Southern Europeans have been leaving their countries as their economies fail, guess where they have been heading to in search of that dream - Not Britain -  Northern Europe and Germany. Greeks and Spaniards in particular, fleeing recession and sky-high unemployment at home have been flocking to Germany, reports Market Watch

Sweden warn Arab buyers: Buying junk plots and desolate houses in Sweden would not lead to residency permit

Thursday, 13 June 2013swedish-connection
Swedish embassies have been warning people in countries such as Egypt and Dubai not to allow themselves to be lured into buying properties, pieces of land and / or start businesses in Sweden believing that it will lead to automatic residency.

More evidence that Sweden survived the economic crisis best

Thursday, 13 June 2013
In the aftermath of the economic crisis, which started in earnest in 2008, in which Sweden has not yet fully emerged from, it is being said that investments made by Swedish people has grown on average by 6 percent since the 2008.

Sweden could send troops to Syria but pressed to be part of a larger Scandinavian rapid fire force

Wednesday, 12 June 2013
There are indications in Sweden that Swedish troops could be sent to Syria after reports that Carl Bildt, foreign minister had a chat with Ban Ki-moon, UN secretary general.

Bananas with cocaine found at Coop warehouse in Denmark

Thursday, 13 June 2013
Several cases of banana was found to contain up to 100 kg drugs - possibly cocaine - found in bags placed in banana boxes from Colombia and shipped to Coop Denmark in Brøndby.

Sweden complains that EU proposals threaten its smaller airports

Wednesday, 12 June 2013swedens-small-airports
Sweden hardly complain about EU proposal but this time regional airports authorities here feel that an EU rule on subsidies to them is a blow below the belt. If the proposal Brussels is talking about goes on and implemented, then Sweden fears that over 30 of its regional airports risks closure.

Conventional news media loosing trust or just a shift: An increasing number of Swedes rejects conventional news media

Wednesday, 12 June 2013
New figures from the survey of the Swedish media viewership and readership from conventional news sources show that many Swedes are opting out of TV channels and various official news programs such as morning newspaper.

How children persistently work as slaves - ILO

Wednesday, 12 June 2013
The International Labour Organisation (ILO) says that hundreds of millions of girls and boys throughout the world are engaged in work that deprives them of adequate education, health, leisure and basic freedoms, violating their rights.

A new Swedish study show the link between obesity and premature birth

Tuesday, 11 June 2013
A new Swedish study has shown clearly the increased risks in obesity and premature birth. According to it, a third of all pregnant women who are overweight or obese are enrolled in prenatal care.

How British workers are getting poorer as real wages falling more in real terms than ever before driven by a tough economy

Wednesday, 12 June 2013
British workers have experienced extraordinary falls in their wages in the past five years, with more than a third seeing their pay cut or frozen, This is driven by employers responding to tough economic conditions which make them cut wages rather than laying off workers the institute for Fiscal Studies showed Wednesday- BBC

Former bosses of Nokia doing their best to make Finland attractive to investors

Tuesday, 11 June 2013
The graduate dissipation of Nokia, Finland's strongest IT Company had left a huge vacuum in the country's tech department. This has made the former directors and specialists of the company to use their contacts and connections to force moves to attract investment in to the country.

Danish economist givens the verdict on Swedish houses Prices: They are 15 percent overvalued

Tuesday, 11 June 2013
Danish economist identifies that Swedish house prices are over valued by 15percent. This reflects what have been said and written about the Swedish house prices situation now for the past two to three years by various home and foreign organisations.

Nordic cities not too expensive for expatriates - But not Norway which is the priciest and Helsinki the cheapest

Tuesday, 11 June 2013
Scandinavia is reputed o its expensiveness but it turn out that other cities around the world has tended to be more expensive than expected.

Children of immigrants in Denmark participate less in politics than their parents

Tuesday, 11 June 2013
Descendants of non EU Immigrants, born and raised in Denmark, participate less in democracy than their parents, who immigrated to Denmark from non-Western countries.

French president Hollande says the Euro- crisis is over - Do you believe

Monday, 10 June 2013

Despite record unemployment in the continent, anemic growth at best and a manufacturing sector in contraction, French President Francois Hollande said this weekend that the euro zone crisis is over. More from CNBC

Looks like Swedish people are fully making up their minds about their next government

Monday, 10 June 2013
Months after months the Swedish government and its Alliance coalition keep on loosing support in opinion polls. The latest one out today, Monday, show how the current governing coalition will struggle to keep power after the next election if the current opinion polls are to be believed.

Academic posit that the Norwegian mass murderer, Anders Breivik could have been stopped

Monday, 10 June 2013
The Norwegian security service would have been able to stop the Norwegian mass murderer, Anders Behring Breivik. But they failed because their definition of terrorist was skewed towards people with background of Islamist character.

Swedish household continue to fee depressed on house prices

Monday, 10 June 2013
Swedish households experienced a weaker trend in home prices in June compared to what they did the previous month, the Swedish bank. SEB seem to think.

Novo Nordisk in tax bust up with Danish tax authority as the company accused of channelling billions to tax havens

Sunday, 09 June 2013
The Danish tax authority is seeking Dkr5.5 billion in additional tax from healthcare company, Novo Nordisk. The grounds for that is accusation that the company has been channelling unaccounted amounts of money abroad to tax havens. Novo however has rejected accusation.

American Conspiracy Theorist Alex Jones Goes Berserk During BBC Show

Monday, 10 June 2013

An American radio talk show host, chronic conspiracy theorist, Alex Jones, who also owns  a conspiracy website called, appeared on the BBC's Sunday Politics show and created a massive scene about the Bilderberg Conference. Here is how it turned out..

Sweden's Social Democrat leader, Stefan Löfven takes big step towards popularity

Sunday, 09 June 2013
The leader of the Swedish Social Democrats party, Stefan Löfven who should be the next Prime Minister  should his current opposition party and coalition win the next election is seeing his popularity shift upwards somewhat.

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.

Royal wedding in Sweden Today - a cool extravaganza the Swedish way. Very posh

Saturday, 08 June 2013
Today, Princess Madeleine and Christopher O'Neill got married in the Castle Church in Stockholm.

Swedish prosecutors want to know how Swedish television obtained the materials, which it used to explosed Telia-Sonera's business in Uzbekistan

Friday, 07 June 2013
Talking about biting the figure that feed you, the Swedish national state own television, Swedish television (Svt) seems to have made its master angry when it exposed  critical questionable ethical behaviour about one of Sweden state owned power companies, Telia Sonera.

Swedish top politicians as well as officials from the Scandinavia in the Bilderberg Group meeting in Watford, UK

Friday, 07 June 2013
Two Swedish top government cabinet Ministers, Finance minister, Anders Borg and Foreign Minister Carl Bildt are part of the legendary secrete group, the Bilderberg Group that is currently meeting in Watford in the UK. The meeting started Thursday.

Confidence booster to the British anti EU movement: A third of Danes wants to leave the EU as more of Europe expand scepticism

Thursday, 06 June 2013
The support is still small for the Danish perspective but it is getting significant when the Danes are questioned about their support for the EU. The Danish population, according to a new poll from Gallup are beginning to wonder away from the lofty European Union project.

Danish police driving licence database hacked by a top rated Swedish hacker

Thursday, 06 June 2013
Danish Police is complaining that its driving license database registry which also contain social security numbers was hacked in the summer of 2012, and there may have be changes made to its content.

Swedish princess in stormy weather before the wedding: Madeleine drove on the bus lane.

Thursday, 06 June 2013
The Swedish Princess Madeleine, three days before her wedding with Chris O'Neill was stopped by the police for driving on the bus lane in Sweden. The debate now is whether she should pay for the fine and sectioned as anybody else.

Danish Chamber of Commerce call on the unemployed: Learn from the Eastern Europeans

Thursday, 06 June 2013

Danish unemployed should learn from eastern Europeans and start asking for lower wages, according to the Danish Chamber of commerce, igniting the argument that eastern European workers are thus attractive just because of their acceptance of low pay rather than their ability to work better.

The Swedish newspaper, which reported that Russia bomber fighters train close to its territory reported to the police.

Wednesday, 05 June 2013
The Swedish newspaper Svenska Dagbladet that reported about Russian jet fighters practicing nears the Swedish border on good Friday night, with the Swedish military not reacting is reported to have been reported to the Swedish security police, SAPO.

Norway presents a powerful missile that can know a huge hole is any ship

Wednesday, 05 June 2013Norway-blow-up-ship
Norwegian defense contractor, Kongsberg, has a new ship-killing missile that can deliver a 275-pound high explosive warhead from more than 100 miles away.

Sweden's Christian-Democrat top politician feels that Sweden should join NATO

Wednesday, 05 June 2013
Christian Democrat defense policy spokesperson, Mikael Oscarsson want Sweden to become a member of NATO

Examining the reasons why Sweden has high youth unemployment, Not so bad though when nitigrity of the figures are examined and compared

Wednesday, 05 June 2013

The Swedish education system has been identified as one reasons why the country may partly have such high youth unemployment relative to other comparable countries.

Swedish foreign minister Carl Bildt roughened at the Russian border - Forgot passport

Wednesday, 05 June 2013
Foreign Minister, Carl Bildt was stopped by border guards on Tuesday when during the Barents Sea meeting in Kirkenes in Norway tried to get into Russia to visit a church.
The image is of the Barents Euro-Arctic Summit 2013

Evidence of workers exploitation in the Western European economies or just a one off

Wednesday, 05 June 2013
How can a worker in Sweden earn Skr30 an hour? This is what some Latvian buss drivers employed by the Swedish bus company, Bergkvarabuss were paid. They had been loaned Bergkvarabuss by an agency last year.

Iceland could be debt free this year - plans the New prime minister

Tuesday, 04 June 2013
Not long ago Iceland was the laugh of all, castigated and threatened by the likes of the UK and Holland after the country suffered from the financial crash of 2008. But now the economy has rebounded and its new prime minister, Sigmundur Gunnlaugsson is now talking of debt write off this year. Read more from Reuters

Sweden calls for the removal of all dangerous breast implants from rogue French producer

Tuesday, 04 June 2013
The dangerous breast implants manufactured by the French company Poly Implant Prothèse (PIP) which is currently in the bodies of about 4,000 women in Sweden have been recommended to be removed.

Swedish opposition now has a clear majority in a powerful opinion poll

Tuesday, 04 June 2013
If a general election was to be held in May 2013, the current governing political parties or the Alliance Coalition, at this moment would received 40.7 percent votes. This means the governing parties are being pounded

Swedish government accused of presiding over a failed energy policy

Tuesday, 04 June 2013
The Swedish government has been accused in a new data analysis of presiding over a failed and costly energy policy.

Finnish Engineers via their worker Union seek to press for limited short-term work permits

Monday, 03 June 2013
Finland is seeing astronomical rise in unemployment in the IT sector and for this reason the Union of Professional Engineers in Finland are calling for a limit on the number of foreign specialists allowed to work in Finland.

How the Swedish far right party, Sweden Democrats leader became the highest paid politician in Sweden

Sunday, 02 June 2013
The head of the Swedish far right party has emerged the best-paid politician in the country with much of the pay coming from taxpayers, which includes those his hard anti immigration, anti EU and racist rhetoric are attacking.

How Romanian criminals continue to irritate western countries and killing interest in welcoming them in. This time they are accused in Finland for breaking fuel pumps

Sunday, 02 June 2013
In Finland, Romanian criminal gangs have been burgling dozens of self-service fuel pumps in southern Finland, half of them in the Kanta-Häme region and they were caught in the act. Shame to Romanians who continue to invite western resentment of them.

Challenges to the Swedish free school idea  as one of the biggest school providers collapses

Friday, 31 May 2013
The Swedish free school idea, which has been copied by the British government under the leadership of David Cameron and its Conservative party, is heading to a brick wall. JB Group, which is one of the nation's biggest provider of private schools known here as friskolar is shutting down some school jeopardising the future of students

Why are the rich always stingy? Wealthy Embassy refuses to pay tradesmen

Friday, 31 May 2013
The rich country of Kuwait could not pay the poorer workers who work for them  and now the Swedish laws will try to kick in and see if it can prise some money court of them.

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.

Stagnant Eurozone record some of the highest unemployment in recent memory in April

Friday, 31 May 2013
The European economic philosophy of massive austerity continues to push many people into the unemployment statistic. This is because the Euro zone unemployment reached 12.2 percent in April a new record.

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