March 2012 Hennes &
Mauritz (H&M) reported a profit before tax of Skr3.701million
against Skr3538 same time last year, for the first quarter
(December-February) in the split financial year 2011/2012.
growth will give their construction equipment a boost, according to
Patrick Olney, president of Volvo Construction Equipment, which
according to current industry, he tracks growth in annualized revenues
March 2012 Two years ago
due to intense pressure from the EU, the Swedish government allowed the
operation of private pharmacies in Sweden, refracting from the
domination of the Sate owned Apotek.
March 2012 Bayer AG
(BAYN.XE) views organic growth as the chemical and pharmaceutical
company's most important target, Chief Executive Marijn Dekkers told
journalists late Wednesday in Duesseldorf.
March 2012 It is hard for
Swedish telecom companies to get customers these as such competition is
fierce. It not led to a heavy price war, literally, but it has led to
company “A” watching what company “B” is doing – very closely.
March 2012 Nokia’s
Executive Vice President of Design Marko Ahtisaari says in an interview
with the Finnish business magazine Optio that he is looking for the
next big leap in mobile user interfaces.
police have arrested nearly 90 leftist counter-demonstrators in Aarhus,
reports various Danish media sources, following the descend of
far-right groups from across Europe who came to hold a “unity” rally in
wealth fund or oil fund's exposure to European markets will be reduced
from over 50 to 40 percent according to the Norwegian the government's
white paper on the Fund's management, which will was presented on
Friday by Finance Minister Sigbjørn Johnsen (Pictured above).
Which are the
best universities in Sweden? Well, a business magazine, Focus, has
ranked universities here based on the interest of students own
preferences. That means big surprises in the list begging the question
if this is the a god model to to classify universities a country.
Friday, 30 March 2012 The Swedish
opposition, Social Democrats would have its own parliamentary majority
with the Green Party and Left Party if elections where to be held today
according to latest opinion poll as the alliance coalition of the Prime
Minister Fredrik Reinfeldt starts living is rejection
Thursday, 29 March 2012 Has SEB lost
the plot by coming the smallest of the Swedish top banks in terms of
market capitalisation? Is it down to strategy missed of just bad luck
even though their CEO, Annika Falkengren is one of the best paid in the
industry in the region?
Desperate Britain back in recession Thursday, 29 March 2012 The UK economy
will contract in the first three months of 2012, urshering the country
back into recession, the Organisation for Economic
Co-operation and Development (OECD) say.
March 2012 A race against time
and the weather is taking place in the North Sea, where the gas
platform "Elgin" may explode. Attempts to
seal the leak is taking place in the shadows of the oil company BP's
platform disaster in the Gulf of Mexico two years ago.
There is more
racial tension in Malmö, Sothern Sweden than any other part of the
country, Sweden. But as Malmo's most famous politicians, Mayor, Ilmar
Reepalu (Social Democrats), is confronted about the break down racial
cohesion and trust in the town, he has instead turned and blamed the
Social problems on the former Social Democrat leader, Mona Sahlin.
leader of the Islamic Council in Norway, Shoaib Sultan, warned that
radical Islamists may be willing to commit violence in the country as a
result of the arrest of the of suspected terrorist Islamist
Mullah Krekar this afternoon after he had made murder threats to many
people on an internet chat site.
March 2012 Youth
unemployment is perhaps Fredrik Reinfeldt's the worst headache as prime
minister. Reports show that trends in the past five years has been the
worst in the municipalities run by the bourgeois parties.
March 2012 Swedish telecom
operators are looking for ways to stop their customers from making free
calls via services such as Skype and Viber. "We must take payment,"
said Charlotte Züger at Telia to radio Sweden.
March 2012 Three kilograms
of plutonium recently left Sweden to an address in the United States.
The high safety rated products was shipped across the Atlantic in a
hitherto secret cooperation with the United States, said Swedish
Foreign Minister Carl Bildt.
Tuesday, 27 March 2012 Sweden's
economy will start growing again from the middle of 2012, after a weak
start of the year. The labour market will lag behind and situation is
tipped to improve slightly until next
on How government make polices – Youth unemployment in Sweden – Did
expensive government policy helped create jobs for the youths? Tuesday, 27
March 2012 As the Swedish
youth continue to bask in persistent unemployment and with not sign
that the situation will improve soon, the Swedish government has engage
in various forms of reforms so as to ignite a means for them to get
into employment. That reform has been very costly but has it assisted
the youth into a form of jobs situation? Answer: Nope…
March 2012 Households'
loans from Swedish monetary financial institutions (MFIs) showed
decreasing interest rates in February. This explains the tendency where
less loan are being demanded according official data and report.
economy has stagnated and the Prime minister, Cameron has deviated from
many previous pre-election promises. Then it emerge that his party
collects lots of money from very wealth people to give them access to
him and to enable them influence government policy. This has given us a
thought and we have asked the question - how do governments
democratically make policies?
March 2012 It's not just
private equity firms that are trying to carry out tax planning to avoid
the high Swedish taxes, No! Municipal and counties are also working
hard to avoid paying taxes through various tax planning mechanisms. In
a review carried out by the Swedish Tax Agency some 25 municipal
corporations had been rejected their interest deductions.
March 2012 There is still
a vacuum in the a growing technological sector - lack good storage
capability for electricity generated from solar and wind power so that
it cane be used in a future time as needed for example, during nights
and still days.
An interest row
has broken between New Zealand and Finland as New Zealand Transport
Minister, Gerry Brownlee, described the Finns as a nation of
uneducated, unemployed people with a high murder rate and little
respect for women, in a recent parliamentary debate. The Finns have
reacted in an angry manner.
March 2012 Sweden is one
of the few advanced economies where liberalization has been the fastest
in the world in terms of deregulation, privatization and reforms on
choice, a think tank, The Heritage Foundation said.
March 2012 Source: Aftonbladet Another
embarrassing information has emerged to confirm the strength of the
Swedish oil company, Lundin petrolium, in the conflict in Sudan in
which the company was accused to participate in the death of many
Jewish community in Malmö, southern Sweden have lost all trust in their
Mayor, Ilmar Reepalu. This is confirmed and supported by a letter the
top authorities of the Jewish leadership in Sweden wrote to the leader
of the Swedish Social Democrats party earlier.
March 2012 Although the
man was examined by at least 20 or maybe as many as 30 doctors they
failed to discover his cancer of the oesophagus until it was too late.
The man died a few weeks after it was discovered.
March 2012 Swedish
households continue to be prudent in their choices of financial
savings. During the fourth quarter last year households chose safer
savings in the form of bank deposits and investments in bond and money
tourism industry had believed in 2009 that tourism in Sweden would have
doubled in turnover terms to Skr500 billion by 2020. It turned out that
the figure had been an unachievable dream because tourist is not
flocking to Sweden and the Swedish authorities thought.
March 2012 Summer, sun -
and skin cancer, this is the routes that lead to more Swedes evolving
to their death. Although
the Sun is a known risk factor leading to the development of skin
cancer, Swedes continue to sun bath much as before. This year, 500
Swedes died of malignant skin cancer, more than they die in traffic,
according to the Swedish Cancer Society.
March 2012 Sweden has
tried to sell a comprehensive monitoring system to Saudi Arabia, media
reports in Sweden say. This has ignited more criticism for that Sweden
is gradually looking at weapons export as its main economic stay.
Ewa Björling, Swedish Minister of Commerce (left) and Jörgen
Holmquist Director-General of Internal Market and Services at the
export increased significantly more than average, according to a new
report by the Swedish Peace Research Institute, SIPRI. The report also
shows that Syria has increased its arms purchases many times over.
March 2012 Norwegian
budget airline, Norwegian has announced that it was to make a purchase
of a large number of planes from the USA but the company now fears that
the political wrangling in the USA could affect the aircraft purchase