Tuesday, 30 April 2013 When the
Swedish biggest real estate site, Hemnet announced that it was to start
charging listing fees, it was felt that the business will suffer. That
has now emerged as a reality.
Tuesday, 30 April 2013 Due to an
exchange of convertible notes in Svenska Handelsbanken AB, announced
today that the number of Class A shares has increased by 442 503 shares
and the number of votes has increased by 442 503.
Monday, 29 April 2013 Evidence that
banks help destroy lives became known when Norwegian media reports hold
that Nordic region's largest bank, Nordea sold services and products
that had no returns. That means these products have a greeter chance of
loosing the investors money that making them money.
Friday, 26 April 2013 After buying
the bankrupt Saab automobile foundation, there has been ground works to
launch its operations here in Sweden and in China. For the China
market, it emerged today that within three to five years, Saab cars
designed for the Chinese market will be built in the Chinese city of
Friday, 26 April 2013 The Norwegian
telecoms operator Telenor 's underlying EBITDA earnings for the first
quarter of 2013 was Nkr8.423 million against Nkr 7761 million same
times last year in the first quarter of 2013.
Thursday, 25 April 2013 Despite
reporting a disappointing result, its stock price continues to rise.
Why? Because besides the growing order recorded in the order books, the
Norwegian oil fund is increasing its ownership in the company.
Thursday, 25 April 2013 The Swedish the
truck maker Volvo is to get ride of some 500 employees in its UmeŚ
operation if parts of the cab production moves to another plan in Tuve,
near Gothenburg. The decision will be made after the summer.
Thursday, 25 April 2013 The Stefan
Persson family is donating Skr 500 million to H&M’s charitable
foundation, the H&M Conscious Foundation. This significant
contribution will enable the foundation to make a big difference for
people and communities in the countries where H&M operates.
Thursday, 25 April 2013 Swedish
automaker Volvo Group reported first-quarter 2013 loss attributable to
equity holders of the parent compny of Skr304 million , or 0.15 kronor
per share, as against a profit of Skr4.05, or 1.99 kronor per share,
Wednesday, 24 April 2013 Nokia launched
a new set of phones, the Asha 210 on Wednesday which features a
standard QWERTY keypad and what the company says is the first-ever
shortcut key to the networking and messaging application WhatsApp.
Wednesday, 24 April 2013 Nordic regions'
biggest bank Nordea AB, on Wednesday reported a consensus-beating rise
in first-quarter net profit, blamed on narrowing loan losses. The bank
said it expects credit quality to improve further in the current year.
Tuesday, 23 April 2013 The other
Swedish giant bank, Swedbank on Tuesday morning, also reported a
quarterly report that showed an operating profit of Skr4.9 billion,
slightly above market expectations.
Tuesday, 23 April 2013 Swedish big
bank, SEB successfully provided interim first quarter report that met
expectations. According to the Tuesday report, key interest income was
largely as expected and emerged one of the leading sources of money for
22 April 2013 In Sweden, the
decennial insurance is quite popular within the building industry
because by law all property builders and owner must take one. The
nature of the industry has also been set up in such a way that only two
big companies dominate the sector. With such monopoly power, profit
maximisation and very little leakages make this the most profitable
industry in Sweden. Continue reading here
to deliver a personalised, responsive service and to improve the site,
we remember and store information about how you use it. This is done
using simple text files called cookies which sit on your computer.
These cookies are completely safe and secure and will never contain any
sensitive information. Read more about our cookies policy hereAbout Cookies and if you reject
it please exit the website and stop