Advertisement
/ Customer
service
| About Us | Contact Us | Tell us what you think
| Jobs |
Shopping | Scandinavian
Dating | Archive
| Cookies
Front
Page
Business News Videos
Death announcement of the Sister of Norway's King Harald.
Sunday, 16 September 2012
Img./ From left, Princess Ragnhild, Princess Astrid, and King Harald.
The elder sister of the king of Norway, Princess Ragnhild has died at the age of 82 years old, the Norwegian court announced on Sunday. The Princess died at her home in Rio de Janeiro in Brazil.
The Gunnebo Security Group has signed an order with Standard Bank in South Africa for the installation of SafeStore Auto, an automated safe deposit locker solution, at the bank’s flagship branch in Sandton, Johannesburg.
TeliaSonera, the Scandinavian giant telecoms company, has been exposed to associate itself in shady deals worth billion with dictators in Uzbekistan, a country that has been criticised to have dictatorial rule and press and speech quarantine.
Electronics Chain, Expert, failed to stop its recent losses to persist as such it has finally filed for bankruptcy.
The paper company, Stora Enso has signed an agreement with Packages Ltd. of Pakistan to establish a joint venture
The air has gone out of the Krona as on Monday, it traded to its weakest level in two months against the euro.
Alfa Laval has won an order to supply Alfa Laval compact heat exchangers to a petrochemical company in Western Europe.
Nordea became defensive and rejected Iranian students' ability to open bank accounts as such constricts the ability of relatives in Iran's ability to transfer money and pay their student bills in Sweden.
Clothing giant H&M reported a sales fall by 4 percent for August 2012.
As the Swedish unemployment continues to rise and the government, lacking how to deal with it has started encouraging unemployed to start their own businesses irrespective of if they have the skills or if the environment is right.
Alfa Laval has won an order for heat exchanger systems to be used for district heating at a university in the US.
As Apple corporation plans to launch it own music streaming system, fear has griped Swedish sportifyfor there are chances that Apple will push Sportify out of the market.
Ryanair want to save more on fuel costs but it looks like it is the factor behind the recent reported forced and emergency landings of Ryanair planes, which was reported recently.
The amount of complaints against Swedish mobile phone vendors by mobile subscriptions increased tremendously such that analyst feel that the Swedish mobile phone customers have lost confidence in their phone providers.
Thousands of Swedish pornographic internet customers have got fake fines for downloading pornography - a comprehensive fraud police is how following up the issue which was unravelled recently.
Taby to house Apple's first super store in Sweden
Thursday, 06 September 2012
Sweden's first Apple "super" Store opens in Taby Centrum on September 15. The shop will be based on the same apply shop design concept as found in other places in the world.
Meda has signed an agreement with the U.S. company, Jazz Pharmaceuticals to acquire a portfolio of 6 pharmaceutical products focused on Women’s Health.
Swedish fashion giant, H & M wants the government of Bangladesh to increase the salaries of the country's textile workers, according to reports on radio Sweden.
Volvo car restructure strategy going forward as the future looks really uncertain. Reports have emerged to show that production rates in its core Torslanda production centre will decrease.
The number of
corporate bankruptcies in Sweden rose 19 percent in August, compared
with the same period last year. During the month there were 454
companies in bankruptcy.
Security Group Panaxia has put itself into bankruptcy as the firm failed to get enough money to carry out a rights issue.
We reported yesterday that Volvo Car Corp., was accused of playing with sales number which made it looked like its sales in the Swedish market was going on better than thought. Volvo has reacted by countering the accusation.
Business creation in Sweden fell in August as only 4,996 new companies were registered with the Swedish Companies Registration Office. That was a decrease of 2 percent compared with the same month last year.
The Saab automobile which had been in bankruptcy management has now been officially resolved with the automobile sold to the new buyer, the Swedish Electric car Consortium otherwise known as Nevs.
One of the founders of the popular file-sharing Pirate Bay website, has been arrested in Cambodia, the local police have announced, reports the BBC.
At least the fate of at least 230 employees of the Swedish defence will be terminated in the fall in conjunction with changes the authority will carry as it move forward with its reorganization.
Elekta has won a major contract related to the development of cancer treatment in the Chinese Army, People's Liberation Army, which operates the Army's military hospital.
Swedish fashion giant, H & M,/ Hennes & Mauritz AB (H&M), has taken the first step into South America by opening its first store in Santiago de Chile, Chile.
Sales in key markets is not doing fine as Volvo Cars would have wanted and this is shifting the company into crisis in the Swedish auto sector. For this reason, the company workforce is being reduced by up to 300 people.
The company that bought the Saab Automobile's bankruptcy estate, electric car consortium, Nevs, must pay the money for the purchase this coming Friday - otherwise the deal is blown off.
There are two clear winners in the patent battle between technology giants Samsung and Apple. This has made Microsoft and Nokia to sneak some gains.
Reports that Volvo Cars corp., was planning to build a factory in Brazil has been rejected and qualified as unfounded rumour.
Sony which recently amassed the rest of Ericsson in their former Sony Ericsson consortium, is now laying off about 650 people in Lund, the company finally announced in a press release.
The German automaker BMW is suing Saab Automobile Parts of over Skr20 million.
Pressure in the Swedish media landscape continues to be felt with one of the biggest boys in town shedding jobs.
It now looks like the employees of Sony in Lund, Sweden are on the way of loosing their jobs.
Clothing Company Björn Borg reported a profit after tax of SEK 1 million for the second quarter of 2012, in the past similar period it was Skr6.5million.
The Norwegian police have increased preparedness for protest against Islam reaction to the hostile film which has been arranged on Friday. Preparedness is raised at the U.S. and French embassies and at French schools.
A security guard at
the Swedish government headquarters Rosenbad, Stockholm averted what a
24-year-old, Brazilian claimed to be drive to kill the Swedish king.
As there is growing worries about the future of crop harvest for this year given the uncertain weather condition, it turns out that crop harvest in Sweden is looking to be impressive.
TeliaSonera's CEO takes seriously allegations that TeliaSonera has been accused to be engaged in. CEO Lars Nyberg, responded at a press conference to explain his stance regarding his company business in Uzbekistan.
While the French magazine, Closer is being barred from publishing further photos of the British Princess, Kate Middleton, the Swedish, and Danish Magazines have gained access to the pictures and will be publishing them.
Some Swedish companies surprisingly will fare batter if there will be an Obama or Romney victor in the USA come November.
Img =>Politico
The only people who saw Greenland as a place of importance on the face of the earth were the Danes and the environmentalist who loved the country or island to remain covered with snow to give us the needed balance in our giant ecosystem.
The popular
internet explorer, IE has been found to possess vulnerabilities in its
operating system that is welcoming to hackers, the Swedish authorities
warned. This comes after Microsoft admits bug that leaves 'hundreds of
millions' of Internet Explorer browser users vulnerable to hackers
The world's
first womb transplant from mother to daughter has been conducted by
researchers at the University of Gothenburg, Sweden, pushing the
university to improve on its research in the area.
Sales of newly built homes in Sweden issluggish. In Stockholm, the prices of new condominiums in one of the most attractive locations have fallen by half a million Swedish Krona. In Gothenburg and Malmö sellers attract buyers with free maintenance payment for a year.
New survey from the Swedish National Agency for Higher Education (Högskoleverket) which is in charge of the quality of education show that more students who cheat are being caught and punished, a report today show.
Sweden is unique in that when it needs to do something, it does it big. As the country continues to unleash its technology prowess, a new and unique approach in medical technology has been revealed whereby the touch pad technology is being uniquely adapted to health care operation
The Swedish government wants to invest a total of Skr2.1 billion extra over the next four years in a package that will prevent long-term unemployment in Sweden.
Ingvar
Kamprad,
the founder of Ikea has finally reached the end of the road of his role
in the company and has now passed the baton to his sons. This is
according to the first impression that was reported earlier. A
counter claim has rejected the suggestion that he has relinquish
management of the company to his sons.
The elections are somewhere nearer in Sweden and the governing Alliance coalition parties are not standing very well in the polls. Therefore, the government must keep on throwing stuff out there such that it improves its position.
Ask why they chose to work in politics, they will tell you that they came to public office because they wanted to make a different. They will not tell you that they came in to earn more and gain a steady income and more so, continue to earn even if they loose their jobs or are being fired.
In a recent political opinion poll to determine how the Swedish voters are weighing on their political positions and how they see the performance of their parties and how those parties attract new members, the far right party, Sweden Democrats (leader, Jimmie Akesson pictured above) are growing while the blocs remain steady.
More than one in four Danes work from home at least once a month. This is the highest level in five years, according to Statistics Authority, Statistics Denmark.
There will be a new medical research centre in Södertälje, Sweden as the Swedish government determines to strengthen its medical research business, which has faced a hit recently.
The British economy is beginning to turn around as unemployment starts to drop and stock market starts regaining some past losses. This is the view of former British conservative Prime Minister, John Major.
Criminals in China have discovered that an easy way of gaining access to individuals' personal details is to get to the sources. As such, computers produced in cheap China have been found containing viruses implanted at the source - that is, in the factories.
Sweden's GDP increased 1.3 percent the second quarter of 2012, working-day adjusted and compared to the second quarter of 2011.
The Swedish government wants to invest Skr568 million in four years to break the spell into why young people in the country are prematurely excluded from activities leading to employment.
Swedish government wants to lower the corporate tax rate from 26.3 to 22 percent starting next year.
One of the
greatest successes of Swedish competitiveness is its ability to
organise some of the best childcare systems, to be seen anywhere in the
world. The Swedish model seems attractive across the ocean, on the
other side.
Poor dieting has created a public health problem in Sweden. The Swedish people eat too much sugar and saturated fat, but too little fruit and vegetables. In addition, many more are too fat, according to a recent public health survey conducted by the Swedish National Food Agency, Livsmedelsverket (NFA).
In August 2012, the number of employed persons in Sweden aged 15-74 years amounted to 4 738 000. The number of unemployed persons amounted to 366 000, corresponding to an unemployment rate of 7.2 percent, an increase of 0.6 percentage points.
Real estate prices for one- or two-dwelling buildings increased by 3 percent during the last three-month period, May – July 2012, compared to the previous period, February – April 2012.
As the anti
Islamic rhetoric in the west continues, in the USA yesterday was a
conference which was condemning Island. Could this also be part of the
reason why the American embassy where attached and could the Swedish
artist Lars Vilks be part of this?
The Swedish government has continues to remain popular within the Swedish voting population thanks to a growing spending on PR or what could be described as "spin".
Britain has been found to have a racially segregated education system in the various sectors of its society while Sweden and Finland fare pretty well. This comes from the OECD's Education at a glance's report on Tuesday.
As the Swedish society evolves, the question of whether Sweden, popularly described as an open and free democratic country is gradually getting advanced in racial profiling. This discussion has erupted again after a children's book and film depicting a black girl, in what has been described as derogatory was exhibited recently. See image
The central bank, the Riksbank on Tuesday, presents the future coins that will soon go into circulation. According to the plan, a copper coin will today replace the silver krona coin.
Ethiopia pardons the two Swedish journalists, Johan Persson and Martin Schibbye who were lucked up recently accused on tress-passing and supporting rebels.
There may be increased possibility of treating the hitherto most resistant bacteria NDM, as Swedish researchers at the University of Uppsala have hit a breakthrough.
As the crisis in their countries continues to persist, a stream of educated Greeks are flowing to Germany and Spaniards have begun to unpack their suitcases in search of jobs according to jobs site, CareerBuilder, one of the largest job site on the internet.
New orders for Swedish industry decreased by 0.7 percent in seasonally adjusted figures in July compared to June. When comparing July of this year and the same month of the previous year, new orders decreased by 5.4 percent in working day adjusted figures.
Sweden has been
inundated in the past few years with large amount of children who
arrive the country on their own as refugees. Somewhere along the lines,
the Swedish immigration board has deported some of the back to their
port of entre. The situation has led to growing criticism in Swedish
press.
A computer glitch in Norway in the 1990 led to 58,000 foreigners to become incorrectly awarded Norwegian citizens.
One in five Europeans read so poorly that they can not survive in the modern world, and over 17 per cent of 15 year olds in Sweden are at a level where they can only handle the simplest texts.
In the first interview since Putin was installed as president, he has accused Sweden of double standards in relation to the Julian Assange, the founder of Wikileaks case.
As surgical enlargement is much more expensive, women have tended to seek other approaches such as using phony medications advertised and sold on the internet. There, there are different breast enlargement creams and capsules to be bought, but doctors in Sweden warn of the usage of these products for they can disrupt the hormone levels in the body.
Sweden has become a very lucrative market for fast loan companies, otherwise known as payday loan companies. Within the past 5 years, their number has exploded.
Swedish central bank, the Riksbank has shock the market by cutting the repo rate to 1.25 percent. Therefore the Riksbank cuts its key policy rate by 0.25 percentage points to 1.25 percent and lowers the interest rate path. The unexpected announcement came on Thursday morning.
Sweden tops the global list of countries which have internet as a very important driver of productivity and communication in a country by country comparison.
Scandinavia countries have in the past dominated Global Competitiveness classification and the new report out still show then highly classified but with mixed results
Finland's gross domestic product fell 1.1 percent in the second quarter compared with the previous quarter, and decreased by 0.1 percent compared to the same quarter of the 2011
As the Swedish youth unemployment looks like an epidemic to hit the Swedish government, the governing Alliance coalition is proposing funding for 18,000 new training places worth Skr8.1 billion in a new youth initiative that will stretch to the next four years.
Cultural diversity is a growing point of irritation among people and employers such that without proper management and strategy, there would be not proper approach to solve them. In today's globalised economy must countries be so rigid in stamping their national identity on immigrant workers? Img Above, Joanna Renclawowic, 34 was fired because she spoke Polish during unpaid break on her cleaning job in Norway
Non Swedish - looking people in Sweden really have a hard time getting a career and even a jobs from a typical Swedish company. Could the Swedish companies discriminating on the foreign born workers in their companies loosing something? Does it matter?
Swedish road casualties hidden in official statistics - reality of Swedish road safety remains questionable
Tuesday, 04 September 2012
There are many more people who have been seriously injured on the Swedish roads than has previously been known. This is because the official accident statistics are highly misleading.
Swedish Green Party agrees with the idea
Tuesday, 04 September 2012
As the Swedish government seeks to boost it industrial activities, there was the talk of corporate tax reduction. Support across the board seem to be one of the boost needed.
The purchase of Saab was thanks to the Swedish-Chinese businessman, Kai Johan Jiang.
In a new assessment of the Swedish economy by the credit rating organisation Moody's, there was nothing short of praises.
Public opinion in the Swedish political scene is stable after the summer but there is a surprising growth of undecided voters. This means that more than one in five voters do not know which party they would vote for if the election were today.
The Swedish purchasing managers index for the industrial sector was 45.1 in August, compared with 50.6 a months before. That level is the lowest since the spring of 2009 and signifies a fall in industrial
production.
Reduction in the Swedish corporate taxes is one of the major initiatives in the budget for 2013. But few people are reported to like the move. One reason for heavy feeling about that is that companies which are already advanced in tax planning will mean that much of the money will be passed to owners supposedly based abroad.
Despite high youth unemployment in Sweden, there are jobs that young people in Swedish are not interested in, according to some authorities. True?
Norwegian Low-cost carrier, Norwegian, begins long haul flights next year and is looking to recruit pilots. But they would not be employed directly by the company.
New Swedish research, which is being deemed as a new breakthrough area, can lead to radically improved medical treatment of a number of inflammation diseases areas.
The Swedish Ethics Commission has been accused of forging dates and addresses on documents and research reports.
60,000 Danish children and young people are at risk of heart disease because they weigh too much and not getting help, Danish news report say.
The Danish government has a big problem in their hands, the economy which is hardly growing but the Prime Minister Helle Thorning-Schmidt's personal life has come under intense scrutiny.
Households' financial savings in Sweden increased by Skr 69 billion during the second quarter of this year.
Swedish Current account in the second quarter of the year recorded a surplus of Skr 55 billion.
The Swedish government is to hands out Skr1.3 billion to municipalities receiving Somali family immigrants. This comes after they continue to find it very hard to make Sweden a comfortable place for them to hide after escaping their war ravaged country.
A Swedish Hercules plane with 25 people aboard was involved in a serious incident in Afghanistan yesterday. No casualties are being reported but the Swedish arm force authorities say the Afghans are investigating
A growing number of Swedish women are seeing treatment from gambling addiction. On would have expected that older ones would be more affected, but today it is not the case - middle-aged women are suffering more.
At the end of June this year, 1 450 999 individuals could be identified as shareholders in Sweden. This is just over 23 000 fewer than at the turn of the year, signifying that Swedish people are fleeing the stock market.
The Norwegian central bank, Norges Bank left interest rates unchanged on Thursday.
New evidence of harassment of Somalis in the small Swedish town of Forserum which some 60 minority of Somalis who live there and who are leavening the city has now been revealed.
(img / not trelated - Somali kis were forced to boycott school)
During the first six months of 2012 Swedish exports remained the same as for the same period of the previous year. At the same time imports decreased 2 percent.
Denmark's gross domestic product fell 0.5 percent in the second quarter compared with the previous quarter. Compared with the same quarter last year, GDP fell by 0.9 percent.
On Tuesday, Statoil and Lundin Petrolium reported new oil discoveries - discoveries for what they have been searching for 40 years.
Switzerland will pay 3.126 billion Swiss francs - equivalent to Skr21.47 billion - for the Swedish Gripen jet fighters, says Defence Minister Ueli Maurer at a press conference according to reports on the website of the news paper, Basler Zeitung.
Swedish Prime Minister, Fredrik Reinfeldt, thinks there should be opportunities for banks to lower mortgage rates.
Voters have started fleeing left leaning Social Democrats as latest opinion polls conducted by polling organisation, Sifo show that the social democrats have sloped by 4.5 percentage points to 34.3 percent.
The price of iron ore has fallen sharply and is now below $100 per tonne.
Just as the Norwegian mass murderer, Anders Behring Breivik was being led to his permanent prison cell home for the next 21 years, at least, for his racist costly job, about 500 people came on to the town of Forserum on Friday evening (pictured above) to show their support for Somalis in the community.
After 10 weeks of trial, today, the verdict against mass murderer, Anders Behring Breivik in being dished out. As such just as the first trial day in April, the world's eyes are now directed towards Oslo.
Anders Behring Breivik has been the most expensive remand prisoner in Norway ever. Now that he has been sentenced to at least 21 years, he will continue to cost the Norwegian tax payers millions every single year.
One of the Swedish football's greatest stars, Fredrik Ljungberg, has decided to keep his football boots on the shelf as he decided to stop playin
Norwegian police have found a huge money haul in a Norwegian forest, described as "Unusual Event" in south-eastern Norway.
Business News Videos
Death announcement of the Sister of Norway's King Harald.
Sunday, 16 September 2012Img./ From left, Princess Ragnhild, Princess Astrid, and King Harald.
The elder sister of the king of Norway, Princess Ragnhild has died at the age of 82 years old, the Norwegian court announced on Sunday. The Princess died at her home in Rio de Janeiro in Brazil.
Gunnebo Modernises Locker Service for African Bank
Thursday, 20 September 2012The Gunnebo Security Group has signed an order with Standard Bank in South Africa for the installation of SafeStore Auto, an automated safe deposit locker solution, at the bank’s flagship branch in Sandton, Johannesburg.
TeliaSonera secretly associated itself in shady multi billion krona business with dictators through tax havens
Wednesday, 19 September 2012TeliaSonera, the Scandinavian giant telecoms company, has been exposed to associate itself in shady deals worth billion with dictators in Uzbekistan, a country that has been criticised to have dictatorial rule and press and speech quarantine.
-
Last minute rescue as new owner takes over bankrupts Nimbus
-
Swedish telecom company, TELE2 has 3 million customers in KAZAKHSTAN
Electronic chain Expert, Swedish branch retailer goes bankrupt
Tuesday, 18 September 2012Electronics Chain, Expert, failed to stop its recent losses to persist as such it has finally filed for bankruptcy.
Paper company, Stora Enso is investing in stormy Pakistan
Tuesday, 18 September 2012The paper company, Stora Enso has signed an agreement with Packages Ltd. of Pakistan to establish a joint venture
Fall for Swedish krona as past gains starts reversing
Monday, 17 September 2012Alfa Laval wins SEK 70 million heat exchanger order in Western Europe
Monday, 17 September 2012Alfa Laval has won an order to supply Alfa Laval compact heat exchangers to a petrochemical company in Western Europe.
Nordea cautious and reject Iranian students from opening bank account
Monday, 17 September 2012Nordea became defensive and rejected Iranian students' ability to open bank accounts as such constricts the ability of relatives in Iran's ability to transfer money and pay their student bills in Sweden.
Sales fall for H&M in August but group sales rose
Monday, 17 September 2012Clothing giant H&M reported a sales fall by 4 percent for August 2012.
Are many Swedes tricked into becoming entrepreneurs when they lack the skills and drive?
Thursday, 13 September 2012As the Swedish unemployment continues to rise and the government, lacking how to deal with it has started encouraging unemployed to start their own businesses irrespective of if they have the skills or if the environment is right.
Alfa Laval wins SEK 70 million energy efficiency order to a university in the US
Tuesday, 11 September 2012Alfa Laval has won an order for heat exchanger systems to be used for district heating at a university in the US.
Apple music launch, a pure threat to Spotify streaming service
Monday, 10 September 2012As Apple corporation plans to launch it own music streaming system, fear has griped Swedish sportifyfor there are chances that Apple will push Sportify out of the market.
Ryanair intensifies saving in fuel after several force landings
Monday, 10 September 2012Ryanair want to save more on fuel costs but it looks like it is the factor behind the recent reported forced and emergency landings of Ryanair planes, which was reported recently.
Swedish mobile phone companies come under intense scrutiny as customers loose confidence in them
Sunday, 09 September 2012The amount of complaints against Swedish mobile phone vendors by mobile subscriptions increased tremendously such that analyst feel that the Swedish mobile phone customers have lost confidence in their phone providers.
Thousand of Swedes are scammed for pornography download - Few dare report
Sunday, 09 September 2012Thousands of Swedish pornographic internet customers have got fake fines for downloading pornography - a comprehensive fraud police is how following up the issue which was unravelled recently.
US
Taby to house Apple's first super store in Sweden
Thursday, 06 September 2012Sweden's first Apple "super" Store opens in Taby Centrum on September 15. The shop will be based on the same apply shop design concept as found in other places in the world.
Meda acquires Women’s Health products in the U.S
Thursday, 06 September 2012Meda has signed an agreement with the U.S. company, Jazz Pharmaceuticals to acquire a portfolio of 6 pharmaceutical products focused on Women’s Health.
H & M Raise the wages of textile workers in Bangladesh
Wednesday, 05 September 2012Swedish fashion giant, H & M wants the government of Bangladesh to increase the salaries of the country's textile workers, according to reports on radio Sweden.
Volvo car Corp Confirms operations reduction in Torslanda
Wednesday, 05 September 2012Volvo car restructure strategy going forward as the future looks really uncertain. Reports have emerged to show that production rates in its core Torslanda production centre will decrease.
Bankruptcies in Sweden look to increase
Wednesday, 05 September 2012The number of
corporate bankruptcies in Sweden rose 19 percent in August, compared
with the same period last year. During the month there were 454
companies in bankruptcy.
Bankruptcy announcement of security firm Panaxia
Wednesday, 05 September 2012Security Group Panaxia has put itself into bankruptcy as the firm failed to get enough money to carry out a rights issue.
Volvocar Corp., rejects accusation of sales number manipulation
Tuesday, 04 September 2012We reported yesterday that Volvo Car Corp., was accused of playing with sales number which made it looked like its sales in the Swedish market was going on better than thought. Volvo has reacted by countering the accusation.
Fewer new companies created in Sweden in August
Monday, 03 September 2012Business creation in Sweden fell in August as only 4,996 new companies were registered with the Swedish Companies Registration Office. That was a decrease of 2 percent compared with the same month last year.
Saab affair finally settled as well as a trade mark "SAAB"
Monday, 03 September 2012The Saab automobile which had been in bankruptcy management has now been officially resolved with the automobile sold to the new buyer, the Swedish Electric car Consortium otherwise known as Nevs.
Pirate Bay co-founder Warg arrested in Cambodia
Sunday, 02 September 2012One of the founders of the popular file-sharing Pirate Bay website, has been arrested in Cambodia, the local police have announced, reports the BBC.
Swedish defense laying off 230 staff
Friday, 31 August 2012At least the fate of at least 230 employees of the Swedish defence will be terminated in the fall in conjunction with changes the authority will carry as it move forward with its reorganization.
Elekta wins USD 35 million tender in China with its army
Thursday, 30 August 2012Elekta has won a major contract related to the development of cancer treatment in the Chinese Army, People's Liberation Army, which operates the Army's military hospital.
H&M will stop at nothing to push its expansion as it entre South American market
Wednesday, 29 August 2012
Swedish fashion giant, H & M,/ Hennes & Mauritz AB (H&M), has taken the first step into South America by opening its first store in Santiago de Chile, Chile.
Varian Medical Systems files a lawsuit in the United States against Elekta
Hundreds of jobs to go at Volvo as the supposedly buoyant motor maker begins to tank
Tuesday, 28 August 2012Sales in key markets is not doing fine as Volvo Cars would have wanted and this is shifting the company into crisis in the Swedish auto sector. For this reason, the company workforce is being reduced by up to 300 people.
The Purchasers of Saab automobile must pay for the product before Friday or the deal is off
Tuesday, 28 August 2012The company that bought the Saab Automobile's bankruptcy estate, electric car consortium, Nevs, must pay the money for the purchase this coming Friday - otherwise the deal is blown off.
As the two mobile giant fight, Nokia sneak to some gain
Monday, 27 August 2012There are two clear winners in the patent battle between technology giants Samsung and Apple. This has made Microsoft and Nokia to sneak some gains.
Volvo Car corp., denies "rumour" that it was planning to build a factory in Brazil
Friday, 24 August 2012Reports that Volvo Cars corp., was planning to build a factory in Brazil has been rejected and qualified as unfounded rumour.
Sony let 1000 workers to go from its operations in Lund, Sweden
Thursday, 23 August 2012Sony which recently amassed the rest of Ericsson in their former Sony Ericsson consortium, is now laying off about 650 people in Lund, the company finally announced in a press release.
BMW sues Saab parts
Wednesday, 22 August 2012The German automaker BMW is suing Saab Automobile Parts of over Skr20 million.
Pressure on Swedish media business as 60 jobs to go at Svenska Dagsbladet
Wednesday, 22 August 2012Pressure in the Swedish media landscape continues to be felt with one of the biggest boys in town shedding jobs.
Over 1000 Sony Jobs in Lund, Southern Sweden threatened
Wednesday, 22 August 2012It now looks like the employees of Sony in Lund, Sweden are on the way of loosing their jobs.
Profit shortfall for BJÖRN BORG
Wednesday, 22 August 2012Clothing Company Björn Borg reported a profit after tax of SEK 1 million for the second quarter of 2012, in the past similar period it was Skr6.5million.
Oslo prepares to counter anti Muslim films protester as US president appeal for calm and the French magazine create more fuel
21 September 2012The Norwegian police have increased preparedness for protest against Islam reaction to the hostile film which has been arranged on Friday. Preparedness is raised at the U.S. and French embassies and at French schools.
Brazilian claims he wanted to kill the Swedish king - in an attach on security guard
Friday, 21 September 2012
Unusually good crop harvests in Sweden this year despite gloomy weather elsehwere
Thursday, 20 September 2012As there is growing worries about the future of crop harvest for this year given the uncertain weather condition, it turns out that crop harvest in Sweden is looking to be impressive.
TeliaSonera takes allegation of doggy Uzbekistan business serious
Thursday, 20 September 2012TeliaSonera's CEO takes seriously allegations that TeliaSonera has been accused to be engaged in. CEO Lars Nyberg, responded at a press conference to explain his stance regarding his company business in Uzbekistan.
Scandinavian magazines such as "Se & Hor" published Kate Middleton's necked photos
Thursday, 20 September 2012While the French magazine, Closer is being barred from publishing further photos of the British Princess, Kate Middleton, the Swedish, and Danish Magazines have gained access to the pictures and will be publishing them.
How the Obama or Romney victory will affect some Swedish big companies
Wednesday, 19 September 2012Some Swedish companies surprisingly will fare batter if there will be an Obama or Romney victor in the USA come November.
Img =>Politico
Melting Nordic ice show previously unknown hidden treasure as super powers jockey for position in the area
Wednesday, 19 September 2012The only people who saw Greenland as a place of importance on the face of the earth were the Danes and the environmentalist who loved the country or island to remain covered with snow to give us the needed balance in our giant ecosystem.
Swedish authorities warn about security hole in Microsoft Internet Explorer
Wednesday, 19 September 2012The popular
internet explorer, IE has been found to possess vulnerabilities in its
operating system that is welcoming to hackers, the Swedish authorities
warned. This comes after Microsoft admits bug that leaves 'hundreds of
millions' of Internet Explorer browser users vulnerable to hackersUnique transplantations in Gothenburg where uterus replant have taken place
Tuesday, 18 September 2012Prices reduction for newly constructed houses in Sweden
Tuesday, 18 September 2012Sales of newly built homes in Sweden issluggish. In Stockholm, the prices of new condominiums in one of the most attractive locations have fallen by half a million Swedish Krona. In Gothenburg and Malmö sellers attract buyers with free maintenance payment for a year.
More cheating students in Swedish schools caught and punished
Tuesday, 18 September 2012New survey from the Swedish National Agency for Higher Education (Högskoleverket) which is in charge of the quality of education show that more students who cheat are being caught and punished, a report today show.
How Sweden takes touch pad technology to a new advanced level by adapting it uniquely in healthcare operation
Monday, 17 September 2012Sweden is unique in that when it needs to do something, it does it big. As the country continues to unleash its technology prowess, a new and unique approach in medical technology has been revealed whereby the touch pad technology is being uniquely adapted to health care operation
Swedish government earmarks billions to tackle long-term unemployment
Monday, 17 September 2012The Swedish government wants to invest a total of Skr2.1 billion extra over the next four years in a package that will prevent long-term unemployment in Sweden.
Ikea founder, Kamprad passes the empire operational command baton to sons
17 September 2012Ingvar
Kamprad,
the founder of Ikea has finally reached the end of the road of his role
in the company and has now passed the baton to his sons. This is
according to the first impression that was reported earlier. A
counter claim has rejected the suggestion that he has relinquish
management of the company to his sons.Swedish pensioners will see lower taxes - the government will announce
Monday, 17 September 2012The elections are somewhere nearer in Sweden and the governing Alliance coalition parties are not standing very well in the polls. Therefore, the government must keep on throwing stuff out there such that it improves its position.
Impressive financial gains from politics - how government officials earned impressively from the tax payers
Monday, 17 September 2012Ask why they chose to work in politics, they will tell you that they came to public office because they wanted to make a different. They will not tell you that they came in to earn more and gain a steady income and more so, continue to earn even if they loose their jobs or are being fired.
Looking at the Swedish political positioning - Small changes in public opinion
Sunday, 16 September 2012In a recent political opinion poll to determine how the Swedish voters are weighing on their political positions and how they see the performance of their parties and how those parties attract new members, the far right party, Sweden Democrats (leader, Jimmie Akesson pictured above) are growing while the blocs remain steady.
Record number of Danes working from home
Sunday, 16 September 2012More than one in four Danes work from home at least once a month. This is the highest level in five years, according to Statistics Authority, Statistics Denmark.
Sodertalje, Sweden said to get new research centre
Sunday, 16 September 2012There will be a new medical research centre in Södertälje, Sweden as the Swedish government determines to strengthen its medical research business, which has faced a hit recently.
British economic recovery has started showing signs of rebound - John Major
Sunday, 16 September 2012The British economy is beginning to turn around as unemployment starts to drop and stock market starts regaining some past losses. This is the view of former British conservative Prime Minister, John Major.
The price for low cost production - new computers produced in China embedded with viruses
Friday, 14 September 2012Criminals in China have discovered that an easy way of gaining access to individuals' personal details is to get to the sources. As such, computers produced in cheap China have been found containing viruses implanted at the source - that is, in the factories.
Sweden's GDP increased 1.3 percent second quarter 2012
Friday, 14 September 2012Sweden's GDP increased 1.3 percent the second quarter of 2012, working-day adjusted and compared to the second quarter of 2011.
Half a billion to fight youth alienation in Sweden
Friday, 14 September 2012The Swedish government wants to invest Skr568 million in four years to break the spell into why young people in the country are prematurely excluded from activities leading to employment.
Swedish government wants to reduce Corporate tax from next year
Thursday, 13 September 2012Swedish government wants to lower the corporate tax rate from 26.3 to 22 percent starting next year.
Swedish approach in childcare to be exported to the U.S.?
Thursday, 13 September 2012One of the
greatest successes of Swedish competitiveness is its ability to
organise some of the best childcare systems, to be seen anywhere in the
world. The Swedish model seems attractive across the ocean, on the
other side.Poor eating habit a threat to Swedish public health
Thursday, 13 September 2012Poor dieting has created a public health problem in Sweden. The Swedish people eat too much sugar and saturated fat, but too little fruit and vegetables. In addition, many more are too fat, according to a recent public health survey conducted by the Swedish National Food Agency, Livsmedelsverket (NFA).
Swedish unemployment rate still high at 7.2 percent despite a forward-looking economy
Thursday, 13 September 2012In August 2012, the number of employed persons in Sweden aged 15-74 years amounted to 4 738 000. The number of unemployed persons amounted to 366 000, corresponding to an unemployment rate of 7.2 percent, an increase of 0.6 percentage points.
Swedish house prices continue to increase
Thursday, 13 September 2012Real estate prices for one- or two-dwelling buildings increased by 3 percent during the last three-month period, May – July 2012, compared to the previous period, February – April 2012.
Swedish anti-Islam artist Lars Vilks among lecturers on Stop islamisation of Nation conference
Wednesday, 12 September 2012
Swedish government popularity could be due to expensive PR strategy
Wednesday, 12 September 2012The Swedish government has continues to remain popular within the Swedish voting population thanks to a growing spending on PR or what could be described as "spin".
OECD Education at a glace show Sweden, Finland fares well in education diversity, UK lags
Tuesday, 11 September 2012Britain has been found to have a racially segregated education system in the various sectors of its society while Sweden and Finland fare pretty well. This comes from the OECD's Education at a glance's report on Tuesday.
The question of understanding racial profiling in Sweden as a poster replaced after debate on racism escalates
Tuesday, 11 September 2012As the Swedish society evolves, the question of whether Sweden, popularly described as an open and free democratic country is gradually getting advanced in racial profiling. This discussion has erupted again after a children's book and film depicting a black girl, in what has been described as derogatory was exhibited recently. See image
-
More far right controversial Utterance in Sweden: Sweden Democrats want to castrate boys
-
Concern about the international perception of Sweden - worries about negative image of Sweden portrayed in international media
The Swedish central bank introduces new coins
Tuesday, 11 September 2012The central bank, the Riksbank on Tuesday, presents the future coins that will soon go into circulation. According to the plan, a copper coin will today replace the silver krona coin.
Ethiopia to release imprisoned Swedish journalists
Monday, 10 September 2012Ethiopia pardons the two Swedish journalists, Johan Persson and Martin Schibbye who were lucked up recently accused on tress-passing and supporting rebels.
Chances of treating resistant bacterial increase with a Swedish breakthrough
Monday, 10 September 2012There may be increased possibility of treating the hitherto most resistant bacteria NDM, as Swedish researchers at the University of Uppsala have hit a breakthrough.
Searching for their own European Dream - Greek and Spanish job seekers start emigrating in search for work
Monday, 10 September 2012As the crisis in their countries continues to persist, a stream of educated Greeks are flowing to Germany and Spaniards have begun to unpack their suitcases in search of jobs according to jobs site, CareerBuilder, one of the largest job site on the internet.
Continued decrease in new orders for the Swedish industries
Monday, 10 September 2012New orders for Swedish industry decreased by 0.7 percent in seasonally adjusted figures in July compared to June. When comparing July of this year and the same month of the previous year, new orders decreased by 5.4 percent in working day adjusted figures.
As the Swedish Migration Board tries the deal with growing influx of refugee kids, critics have upped their antics.
Sunday, 09 September 2012Sweden has been
inundated in the past few years with large amount of children who
arrive the country on their own as refugees. Somewhere along the lines,
the Swedish immigration board has deported some of the back to their
port of entre. The situation has led to growing criticism in Swedish
press.
How scores of people became Norwegian citizens without knowing
Sunday, 09 September 2012A computer glitch in Norway in the 1990 led to 58,000 foreigners to become incorrectly awarded Norwegian citizens.
European core problem: literacy - one in five Europeans find it hard to read
Friday, 07 September 2012One in five Europeans read so poorly that they can not survive in the modern world, and over 17 per cent of 15 year olds in Sweden are at a level where they can only handle the simplest texts.
Russian president, Putin takes a swipe at the west and Sweden over the Julian Assange debacle
Thursday, 06 September 2012In the first interview since Putin was installed as president, he has accused Sweden of double standards in relation to the Julian Assange, the founder of Wikileaks case.
Doctors in Sweden warn of the dangers of breast enlargement creams popularly sold on the internet
Thursday, 06 September 2012As surgical enlargement is much more expensive, women have tended to seek other approaches such as using phony medications advertised and sold on the internet. There, there are different breast enlargement creams and capsules to be bought, but doctors in Sweden warn of the usage of these products for they can disrupt the hormone levels in the body.
The number of payday loan companies have doubled in Sweden just within five years
Thursday, 06 September 2012Sweden has become a very lucrative market for fast loan companies, otherwise known as payday loan companies. Within the past 5 years, their number has exploded.
Swedish central bank cuts key interest rates
Thursday, 06 September 2012Swedish central bank, the Riksbank has shock the market by cutting the repo rate to 1.25 percent. Therefore the Riksbank cuts its key policy rate by 0.25 percentage points to 1.25 percent and lowers the interest rate path. The unexpected announcement came on Thursday morning.
Sweden tops global the importance of internet connectivity comparison
Wednesday, 05 September 2012Sweden tops the global list of countries which have internet as a very important driver of productivity and communication in a country by country comparison.
Scandinavian countries classed mixed in latest Global Competitiveness
Wednesday, 05 September 2012Scandinavia countries have in the past dominated Global Competitiveness classification and the new report out still show then highly classified but with mixed results
Finnish economy shrinks
Wednesday, 05 September 2012Finland's gross domestic product fell 1.1 percent in the second quarter compared with the previous quarter, and decreased by 0.1 percent compared to the same quarter of the 2011
Swedish government proposes billion investment in new youth employment package
Tuesday, 04 September 2012As the Swedish youth unemployment looks like an epidemic to hit the Swedish government, the governing Alliance coalition is proposing funding for 18,000 new training places worth Skr8.1 billion in a new youth initiative that will stretch to the next four years.
In Norway do as Norwegians!? "Speak only our language or you loose your job!"
Tuesday, 04 September 2012Cultural diversity is a growing point of irritation among people and employers such that without proper management and strategy, there would be not proper approach to solve them. In today's globalised economy must countries be so rigid in stamping their national identity on immigrant workers? Img Above, Joanna Renclawowic, 34 was fired because she spoke Polish during unpaid break on her cleaning job in Norway
Any benefits of Swedish companies employing foreign born people?
Tuesday, 04 September 2012Non Swedish - looking people in Sweden really have a hard time getting a career and even a jobs from a typical Swedish company. Could the Swedish companies discriminating on the foreign born workers in their companies loosing something? Does it matter?
Swedish road casualties hidden in official statistics - reality of Swedish road safety remains questionable
Tuesday, 04 September 2012There are many more people who have been seriously injured on the Swedish roads than has previously been known. This is because the official accident statistics are highly misleading.
Swedish Green Party agrees with the idea 
of Swedish corporate tax cut
Tuesday, 04 September 2012As the Swedish government seeks to boost it industrial activities, there was the talk of corporate tax reduction. Support across the board seem to be one of the boost needed.
The man behind the financial acquisition of Saab automobile...
Tuesday, 04 September 2012The purchase of Saab was thanks to the Swedish-Chinese businessman, Kai Johan Jiang.
Moody's heap praises on the Swedish economy
Monday, 03 September 2012In a new assessment of the Swedish economy by the credit rating organisation Moody's, there was nothing short of praises.
Growing proportion of undecided voters in the Swedish political scene as more women become more sceptical about the future
Monday, 03 September 2012Public opinion in the Swedish political scene is stable after the summer but there is a surprising growth of undecided voters. This means that more than one in five voters do not know which party they would vote for if the election were today.
Large fall in the Swedish industrial production as PMI falls
Monday, 03 September 2012The Swedish purchasing managers index for the industrial sector was 45.1 in August, compared with 50.6 a months before. That level is the lowest since the spring of 2009 and signifies a fall in industrial
production.
Sweden to lower corporate taxes but fear is that much of it could be ferried abroad
Sunday, 02 September 2012Reduction in the Swedish corporate taxes is one of the major initiatives in the budget for 2013. But few people are reported to like the move. One reason for heavy feeling about that is that companies which are already advanced in tax planning will mean that much of the money will be passed to owners supposedly based abroad.
Despite high youth unemployment in Sweden, there are jobs that the young will not touch
Sunday, 02 September 2012Despite high youth unemployment in Sweden, there are jobs that young people in Swedish are not interested in, according to some authorities. True?
Low cost flight pilots start thinking of tax planning but authorities are after them with full force
Sunday, 02 September 2012Norwegian Low-cost carrier, Norwegian, begins long haul flights next year and is looking to recruit pilots. But they would not be employed directly by the company.
New Swedish breakthrough in drug research especially those affecting inflammation disease
Friday, 31 August 2012New Swedish research, which is being deemed as a new breakthrough area, can lead to radically improved medical treatment of a number of inflammation diseases areas.
Swedish Ethics Authority forged documents - reports
Friday, 31 August 2012The Swedish Ethics Commission has been accused of forging dates and addresses on documents and research reports.
More Danish children at risk for cardiovascular disease as obesity explodes
Friday, 31 August 201260,000 Danish children and young people are at risk of heart disease because they weigh too much and not getting help, Danish news report say.
Danish Prime Minister's troubled government in more distraction from personal issues
Thursday, 30 August 2012The Danish government has a big problem in their hands, the economy which is hardly growing but the Prime Minister Helle Thorning-Schmidt's personal life has come under intense scrutiny.
Strong growth in household savings in Sweden
Thursday, 30 August 2012Households' financial savings in Sweden increased by Skr 69 billion during the second quarter of this year.
Swedish Trade Surplus in the second quarter reached Skr55 billion
Thursday, 30 August 2012
Swedish Current account in the second quarter of the year recorded a surplus of Skr 55 billion.
More money earmarked for Somali reunification in Sweden
Thursday, 30 August 2012The Swedish government is to hands out Skr1.3 billion to municipalities receiving Somali family immigrants. This comes after they continue to find it very hard to make Sweden a comfortable place for them to hide after escaping their war ravaged country.
Swedish Hercules plane crash near Kabul Afghanistan
Thursday, 30 August 2012A Swedish Hercules plane with 25 people aboard was involved in a serious incident in Afghanistan yesterday. No casualties are being reported but the Swedish arm force authorities say the Afghans are investigating
More and more Swedish women are caught in gambling addition
Thursday, 30 August 2012A growing number of Swedish women are seeing treatment from gambling addiction. On would have expected that older ones would be more affected, but today it is not the case - middle-aged women are suffering more.
Swedish people are fleeing the stock market
Wednesday, 29 August 2012At the end of June this year, 1 450 999 individuals could be identified as shareholders in Sweden. This is just over 23 000 fewer than at the turn of the year, signifying that Swedish people are fleeing the stock market.
Norway allows interest rates unchanged
Wednesday, 29 August 2012The Norwegian central bank, Norges Bank left interest rates unchanged on Thursday.
How a Somali woman was forced to pour milk over herself so as to be white
Wednesday, 29 August 2012New evidence of harassment of Somalis in the small Swedish town of Forserum which some 60 minority of Somalis who live there and who are leavening the city has now been revealed.
(img / not trelated - Somali kis were forced to boycott school)
Weaker Swedish foreign trade
Wednesday, 29 August 2012During the first six months of 2012 Swedish exports remained the same as for the same period of the previous year. At the same time imports decreased 2 percent.
Unexpected large fall in Danish GDP
Wednesday, 29 August 2012Denmark's gross domestic product fell 0.5 percent in the second quarter compared with the previous quarter. Compared with the same quarter last year, GDP fell by 0.9 percent.
New Norwegian oil find give the country a comfortable readiness for the future
Wednesday, 29 August 2012On Tuesday, Statoil and Lundin Petrolium reported new oil discoveries - discoveries for what they have been searching for 40 years.
The cost of the Gripen jet business with Swedish Saab defence - A door opener for Swedish aviation business?
Tuesday, 28 August 2012Switzerland will pay 3.126 billion Swiss francs - equivalent to Skr21.47 billion - for the Swedish Gripen jet fighters, says Defence Minister Ueli Maurer at a press conference according to reports on the website of the news paper, Basler Zeitung.
Swedish premier realises that Swedish mortgage rates are high and ponders how it could be reduced.
Tuesday, 28 August 2012Swedish Prime Minister, Fredrik Reinfeldt, thinks there should be opportunities for banks to lower mortgage rates.
How the Swedish Social democrat party start reversing
Monday, 27 August 2012Voters have started fleeing left leaning Social Democrats as latest opinion polls conducted by polling organisation, Sifo show that the social democrats have sloped by 4.5 percentage points to 34.3 percent.
Swedish government to boost defense spending by buying between 40 and 60 new Jas Gripen jet fighters
Saturday,
25 August 2012
Sweden is to
buy between 40 and 60 of the next generation JAS Gripen fighter jets.
The government believe that it would be cost effective to produce given
their recent co-operation intent with Switzerland than to buy a foreign
produced one.Spectacular fall in the price of Iron Ore
Saturday, 25 August 2012The price of iron ore has fallen sharply and is now below $100 per tonne.
Hundreds match in Forserum in support of Somalis as some authorities see racism a factor chasing the Somalis out of town
Friday, 24 August 2012Just as the Norwegian mass murderer, Anders Behring Breivik was being led to his permanent prison cell home for the next 21 years, at least, for his racist costly job, about 500 people came on to the town of Forserum on Friday evening (pictured above) to show their support for Somalis in the community.
Norwegian mass Murderer, Breivik, found healthy - sentenced to at least 21 years prison
Friday, 24 August 2012After 10 weeks of trial, today, the verdict against mass murderer, Anders Behring Breivik in being dished out. As such just as the first trial day in April, the world's eyes are now directed towards Oslo.
How expensive is Prisoner Anders Behring Breivik? - He'll cost as much as 15 prisoners a year with his current sentence
Friday, 24 August 2012Anders Behring Breivik has been the most expensive remand prisoner in Norway ever. Now that he has been sentenced to at least 21 years, he will continue to cost the Norwegian tax payers millions every single year.
Fredrik Ljungberg hangs his football boots after a long and successful career
Friday, 24 August 2012One of the Swedish football's greatest stars, Fredrik Ljungberg, has decided to keep his football boots on the shelf as he decided to stop playin
Norwegian police found several million of stolen money in the forest
Thursday, 23 August 2012Norwegian police have found a huge money haul in a Norwegian forest, described as "Unusual Event" in south-eastern Norway.
Acute shortage of student housing in Sweden
Thursday, 23 August 2012Scancomark.com
Fronpage
| Scandinvia
Today | Companies
| Market
| Competitiveness | Management
| Political Economy |
Support and Contact Support | Corrections | Contact Us
Connect with Scandinavian Companies and Market
Support and Contact Support | Corrections | Contact Us
Connect with Scandinavian Companies and Market
©
Scandinavian Companies and Market Magazine 2012. | Scandinavian
Companies and Market and Scancomark are registered trade mark of
Scandinavian Companies and Market / Granscole Establishment.
|
||||
