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EU getting ‘profoundly mixed messages’ from Ukrainian Pres. Yanukovych, says Swedish Foreign Minister Carl Bildt

Wednesday, 18 December 2013

The European Union is getting “profoundly mixed messages” from the Ukrainian government about whether it will sign a free trade deal, Swedish Foreign Minister Carl Bildt told CNN’s Christiane Amanpour on Monday.

An Insider guide to the Icelandic capital Reykjavik and its surroundings

Tuesday, 17 September 2013Iceland
Iceland/Image from Granscole
Almost every body knows that Iceland and its capital city, Reykjavik is a wonderful place, but it has remained questionable as to how many people have really been there? However, Business Insider has sent someone there and he has this story to tell and these pictures to show. Check this out

A look at the New Saab carsImage: Saab united

SaabImage: Saab United

Pilots Union Accuses Booming Norwegian Airline Of Using Cheap Labor Loophole

Friday, 20 December 2013Norwegian
This week, Norwegian, the third largest budget airline in Europe, expanded its reach into the U.S. market with a new route from New York to Bergen, "the gateway to the fjords of Norway,” writes the Business Insider

Lena Patriksson Keller and Niklas Zennström proposed to be appointed to H&M Board of Directors

Thursday, 19 December 2013
The Election Committee of the Swedish clothing giant, H&M announces that it has proposes that Lena Patriksson Keller and Niklas Zennström be elected as new members of the Board of Directors.

AstraZeneca to buy Bristol out of diabetes venture for up to $4.1 billion

Thursday, 19 December 2013drugs
The Swedish – British pharmaceutical firm,  AstraZeneca has agreed to buy Bristol-Myers Squibb's  stake in the companies' diabetes joint venture for up to $4.1 billion in a deal that will help return the group to growth, sending its shares to a new high.

Norwegian Air Shuttle acquires two new, large Dreamliners

Wednesday, 18 December 2013
The Norwegian budget airliner, Norwegian Air Shuttle announced that has acquired two new Boeing Dreamliner.

Brazil is stepping up negotiations on the Gripen purchase deal

Tuesday, 17 December 2013saab
Brazil has stepped up negotiations with Sweden for the purchase of the JAS Gripen aircraft from Saab, according to various reports.

Telia dismisses top managers as it tries to clean it face

Friday, 29 November 2013telia
Swedish / Finnish telecoms company, TeliaSonara has decided to dismiss some core executives also known as “absolute elite”. Four people were forced out, including vice president and CFO Per-Arne Blomquist.

Vattenfall hires Morgan Stanley to sell UK wind park - sources

Mon, 25th November 2013 vattenfall
Energy company, Vattenfall has mandated Morgan Stanley to organise the sale of a British wind park as the Swedish utility scales back outside its domestic market, two people familiar with the matter said - Reuters

Elekta opens state-of-the-art radiotherapy training centre in Beijing

Monday, 25 November 2013
Elekta announces that today, Chinese government officials, key Elekta radiotherapy customers in China and members of Elekta’s senior management inaugurated Elekta’s Learning and Innovation Center (LINC) in Beijing.

Intense pressure forced Swedbank to cancels mortgage rate hike

Wednesday, 20 November 2013

swedbankSwedish bank, Swedebank had increased its interest rates on mortgages by 0.25 and 0.35 percentage points last week but came under intense pressure and has been forced to back down.

Kongsberg Automotive wins contracts in Brazil and India Worth 33MEUR (NOK 272 million)

Wednesday, 20 November 2013
Kongsberg Automotive (KA) announced that it has been awarded a contract for the supply of a complete manual gearshift system from a major European OEM.

IKEA France execs charged in spying scandal

Wednesday, 20 November 2013
From APF via Yahoo

Improving outlook for the car sector

Tuesday, 19 November 2013

Volvo Cars sales in Europe increased slightly in October compared with the same month last year where the increase in new car registrations stood at 2.6 percent, or 543 vehicles.

Continued pressure on Spotify from the giants – what future does the internet music streaming company has?

Sunday, 17 November 2013
Music streaming site, Spotify is now expanding at a furious pace to take the position as the world's largest service for streamed music. The Swedish company, however, faces intense challenge from the American giants like Google and Apple.

Increased sales for H&M

Friday, 15 November 2013H&M
H&M announced that its Group total sales including VAT in local currencies for In October 2013, increased by 11 percent compared to the same month the previous year.

Swedbank announces appointment of New Chief Economist and new head of Macro Research

Thursday, 14 November 2013swedbank
Swedish banking giant, Swedbank announces some managerial appointments. Anna Felländer, previously head of Macro Research, has been appointed Chief Economist and Olof Manner has been recruited as head of Macro Research at Swedbank.

Cash management company, Loomis announces changes in its Group Management

Wednesday, 13 November 2013loomis
Loomis, the company that carry out distribution, handling and recycling of cash for banks, retailers and other commercial companies via various international networks has announced some change in its management team.

Skype founder, Niklas Zennström's fund close with huge takings

Monday, 11 November 2013
Niklas Zennström's venture capital firm Atomico has attracted new billion. The company's third fund has just been closed, after securing $ 477 million, equivalent to Skr3.1 billion in capital.

BioInvent granted US patent for the F.I.R.S.T.™ antibody screening technology

Monday, 11 November 2013
BioInvent International AB (OMXS: BINV) today announces that it has been granted a US patent for its antibody and concomitant target discovery technology F.I.R.S.T.™.

British Institution NICE recommends the use of FeNO testing to help diagnose and treat asthma

Friday, 08 November 2013
Aerocrine AB (OMX Nordic Exchange: AERO) today announced that the British institution,  NICE has this week has published draft guidelines recommending the use of Aerocrine’s NIOX MINO®and NIOX VERO® to guide the diagnosis and treatment of a type of asthma caused by airway inflammation.

Swedish micro business environment continues to improve as business failure continues to fall

Tuesday, 05 November 2013stress
The number of corporate bankruptcies in Sweden reached 589 in October, representing a slight decrease compared to the same month in 2012 and which suggest that the Swedish business environment continues to improve.

Rich Chinese buys Swedish clothing line, JC

Friday, 01 November 2013JCFacebook
The sales of clothing line JC to a Chinese has been confirmed on Friday. The buyer is said to be a company owned by one of Hong Kong's richest men.

Axfood to reorganise operations and management

Wednesday, 30 October 2013business
Food retail and wholesale business group, Axfood announces that it is reorganising and will combine all its warehouse and transport operations into a single unit.

Competitiveness: a  major competitor to Swedish fighter jet, Gripen reportedly in serious trouble

Tuesday, 29 October 2013Saab gripen
One of the main competitors to the Swedish fighter aircraft brand, Gripen, the German based Eurofighter has reportedly gotten into big problems.

Nokia releases lower-than-expected final results before Microsoft sale

Tuesday, 29 October 2013

NokiaFinland's biggest company has issued its third-quarter results, the last such statement before the buyout of its trademark handset division. According to reports from Yle in Fibnland, analysts are studying the results for clues to how the new post-phone Nokia will invest the cash from the deal. More from Yle Finland

Catastrophic 3rd quarter results from Volvo group

Friday, 25 October 2013volvo truck
Truck maker Volvo group reports operating profit was Skr2.398 million for the third quarter of 2013, something described as catastrophic by analysts.

Norwegian loses Dkr93 million on Dreamliner’s problems

Thursday, 24 October 2013Norwegina
Cost of delayed to passengers and rental of replacement planes has now been accounted and shows that the cost to Norwegian, the budget airliner as a result of failure to its Dreamliner project has been higher than expected.

Maersk open for the sale of supermarket giant in Denmark

Thursday, 24 October 2013
Danish industrial giant, AP Moller-Maersk Group is prepared to off load some of its supermarket portfolios such as Netto, Føtex and Bilka. If a suitable buyer interested in taking the stores is found.

Pressure on Ericsson as profits fail to be impressive

Thursday, 24 October 2013ericsson
Ericsson's profitability has failed to lift expectation as was reported on Tuesday.  At the same time the telecom company's turnover fell as "The sale is under some pressure," says CEO Hans Vestberg.

SEB reports better than expected financial performance

Thursday, 24 October 2013seb
The Swedish banking group SEB's operating profit of Skr4 618 million for the third quarter of 2013. That compares with profit of Skr3.857 million corresponding period in 2012.

Handelsbanken reports increased third quarter performance

Wednesday, 23 October 2013handelsbanken
Swedish bank, Handelsbanken reported operating income for the third quarter of 2013 of Skr4.571 million. That compares with profit of Skr 4.289 million corresponding period in 2012.

Nordea reports increased profits

Wednesday, 23 October 2013Nordea
Nordic biggest bank, Nordea reports operating income for the third quarter of 2013 of 1.021 million euros, against 910 euros same period a year ago.

Thailand interested in buying more Swedish fighter jets Gripen

Monday, 21 October 2013
Thailand is said t be interested in buying six Swedish Gripen fighter aircraft within the next ten years.

SCA Net Profit Rises Amid Higher Prices and Cost Savings

Friday, 18 October 2013

Swedish hygiene products and tissue producer Svenska Cellulosa AB, or SCA (SCA-B.SK) Friday reported rising third quarter profits compared with a year ago, and said its cost savings programs are progressing according to plan - Details from Dow Jones Newswire/ADVFN

TeliaSonera reports better than expected profits

Thursday, 17 October 2013telia
Swedish-Finnish telecommunications operator, TeliaSonera reports a profit before tax of Skr6.378 billion for the third quarter. That compares with profit of Skr5.785 billion kronor a year ago. Read more from Bloomberg News

Kongsberg Automotive wins EUR 25 Million contract in China & UK

Thursday, 17 October 2013
The Interior Business Area has recently won a significant contract for a new generation of seat actuators within its Light Duty Cable business unit.

Atlas Copco buys U.S. oil and gas service business

Thursday, 17 October 2013
Atlas Copco, announced that it has purchased the operational assets of Archer Underbalanced Services, a leading service provider of down-the-hole hammers, drill bits and compressed air packages to U.S. land-based oil and gas drilling companies.

Volvo closes cab production in Umeå, Sweden as it shift production

Thursday, 17 October 2013volvo
The Volvo Group announced that it has made a directional decision to implement changes in the European industrial structure for truck manufacturing.

Volvo debuts world's most beautiful electric car charger at V60 Plug-In Hybrid launch – New York daily News

Thursday, 17 October 2013volvoVolvo
Along with the world's first plug-in diesel hybrid, the Volvo V60 Plug-In Hybrid, Volvo also debuted what might be the world's most beautiful electric car charger at an event in Milan, Italy, reports New York daily News.

About the suspension of new news and reports updates

We have received lots for complaints and request explanation as to why we stopped continues new updates. I explain below the reasons why we have not been on air for a while

Scandinavian Companies and Market ( suspended updating since January 2014 because stresses in our logistics. We lacked the tools needed to create the world class business news website that the market craved and given various complexities in the Scandinavian fort a small start-up where the small business entrepreneur has limited connections or comes from a less thrilling background, it has been hard to take off. So, rather than pretending to be doing fine when in real life that was not the case, we had to suspend operations.

As resources are needed to invest in the best inputs we fell short and hope that we would bounce back some time in the future with a better operating platform than before. For the main the archive is still open for past news and comments are still welcome.

Thanks you

Bomb threat at Swedish embassy in the USA – probably linked to WikiLeaks

Friday, 20 December 2013swedish embassy
A bomb threat at the Swedish embassy in downtown Washington which is also blamed for causing a major traffic mess during rush hour Thursday could be tied to WikiLeaks.

The far rights are eating into the Red Green gains on the opinion poll

Thursday, 19 December 2013sweden democrats
The Swedish far right party, Sweden Democrats has reached a new record level of 10.4 percent, up 1 percentage point, in the new opinion poll in Sweden conducted by polling organisation,  Novus voter  for TV4.

Finnish economy not looking good as Finance Ministry downbeat on economic out look

Thursday, 19 December 2013Finnish Euro
Finland's finance ministry expects the country’s recession in 2013 will be deeper than previously feared. The country's GDP is now projected to decline by 1.2 percent this year, against the previous forecast of minus 0.5 percent.

Brazil confirms the purchase of Swedish fighter jets - Gripen from Saab as the USA start paying the price of political over reach

Thursday, 19 December 2013

Brazil is reported to have confirms that it will buy 36 Gripen fighter jets from the Swedish defence manufacturer Saab. Media reports hold that it was confirmed by the country's government on Wednesday evening. The deal was announced at a press conference in Brazil at 20 hours on Wednesday evening, Swedish time.

Thorning – Cameron – Obama selfie ranked in the USA among the year's sixth best political image

Tuesday, 17 December 2013Swedish Television
The American newspaper, The Washington Post has classed the selfie taken by Danish premier, Halle Thorning-Schmidt with USA president Barack Obama and British Premier David Cameron at the memorial service for Nelson Mandela as the sixth best political picture of the year 2013.

The Nazis are retuning in Sweden as they plan onslaught on the big cities again

Tuesday, 17 December 2013
The Nazis are coming in a strong way in Sweden and so many minority groups are asking “should we stay or run?” Watch this space as we return after a period of absence.

Head of Swedish companies have now given in to the believed that the Social Democrats will head next government

Tuesday, 17 December 2013Stefan Löfven, head of the Swedish opposition party, Social Democrats
The percentage of managers of Swedish companies who believe that Stefan Löfven, head of the Swedish opposition party, Social Democrats, will head the government after the elections next fall has risen sharply, an new poll show.

Swedish politician, Madeleine Sjöstedt investigated for bribery and corruption

Tuesday, 17 December 2013
Madeleine Sjöstedt of the people’s party working as the vice mayor for culture and property of Stockholm country is being investigated for bribery after traveling to the U.S. with the entertainment company Anschutz Entertainment Group, AEG.

Neo-Nazis attack anti-racism demonstrators in Sweden - CNN

Tuesday, 17 December 2013racism in sweden
A vicious attack at an anti-racism demonstration in Stockholm, Sweden, on Sunday proved the protesters have a legitimate concern, reports the CNN.

Swedish central bank cuts rates - Repo rate cut by 0.25 percentage points to 0.75 per cent

Tuesday, 17 December 2013

Swedish central bank, the Riksbank cut its repo rate by 0.25 percentage points. That is the repo rate is cut by 0.25 percentage points to 0.75 per cent as the Riksbank Governor, Stefan Ingves came under the pressure to stem the persistently low inflation figures.

Performance of Swedish pupils deteriorating – new PISA report being tension in the country’s education system

Tuesday, 03 December 2013skolan
Swedish pupils performances in key areas of academic development  continues to get worse when compared to other those from other countries, the international school testing system, Pisa report on Tuesday.

How the Swedish far right party, Sweden Democrats eat into the heart of the Swedish Conservative sphere

Tuesday, 03 December 2013Jimmie Akesson
The Sweden Democrats Party, the evolving far right party that wants to take full political control in Sweden and as a result to cleanse Sweden of anything not “Swedish” has been growing thanks to it finding weak spots within the Conservatives Moderate party and biting from.

Denmark least corrupt country on earth, Sweden third

Tuesday, 03 December 2013
Denmark has been classed the least corrupt country on earth followed by New Zealand. Sweden came in world.

Swedish health care worst when compared to the Nordic countries

Monday, 02 December 2013healthcare
Swedish health care has dropped five places since last year, according to a new comparison in a European health index. It now stands 11th place since 2013 thereby making Sweden the worst in the Nordic region.

Norway accuses Sweden of ears dropping on its mobile phone traffic

Monday, 02 December 2013
The Norwegian authorities are accusing the Swedish of listening and monitoring Norwegian mobile traffic.

Swedish house prices for newly built dwellings continues to increase

Thursday, 28 November 2013New Houses
Prices for newly produced dwellings, i.e. the prices paid by investors, were higher in 2012 compared to 2011.

Sweden welcomes Iran nuclear deal – Press TV

Thursday, 28 November 2013Carl Bildt
Swedish Foreign Minister Carl Bildt has welcomed a deal between Iran and six world powers over Tehran’s nuclear energy program reports Press TV Iran

More new Swedish mothers tend to be much older

Thursday, 28 November 2013pregnant
Increasingly, new Swedish mothers tend to be older than before as it has emerged that it is common for older women give birth.

Did the job market look rosier for the Swedish minority?

Monday, 25 November 2013Alliance
It is not new news that the unemployment and access to career opportunities is still higher among Swedish residents or citizens with foreign background than among Swedish-born. But a new number crunching shows that there seems to be a headwind toward a shift.

Saab’s secret strategy in to diversification as it looks to tap into the expanding drone market

Monday, 25 November 2013

Military equipment manufacturer Saab is now trying to break into the growing multi-billion dollar market for unmanned aerial vehicles, known as drones. As the market for these unmanned systems look to expand, Swedish media sources reports that Saab has already gone deeper into the market for the product.

As Sweden opens it's door to the Syrians, people traffickers getting richer

Monday, 25 November 2013Syrians in Sweden
One reason why some countries are coiling in opening their borders to the Syrian refugees is to avoid what is emerging as happening to refugees flocking to Sweden. As Sweden opens it borders to scores of Syrians, it has emerged that some pays as much Skr 72,000 and teh price to move to Sweden explodes.

Surprisingly very poor data on Swedish economic performance

Friday, 22 November 2013swedish economy
Data analyzed about the Swedish economic performance examined recently has surprised most and shown that the economy presented itself negatively among others comparative economies recently.

Swedish citizens seeking political asylum in her own county

Friday, 22 November 2013Image: Euro Jews
Annika Hernroth-Rothstein was hoping to draw attention to the problem of anti-Semitism in Sweden when she applied for political asylum in her own country- Sweden. Her asylum’ request is said to focus attention on anti-Semitism in Sweden. Details from The Global Jewish News Source

Managing the economy: Winter kills more people in Britain ‘than in -30C Sweden’

Friday, 22 November 2013

winterThe cold claims more lives in Britain than in Sweden, where temperatures regularly plunge as low as -30C (-22F) in winter, campaigners say. Which economy is managed for the people and which is managed for big companies? Read more from Metro

Falling tax evasion from Swedish companies

Wednesday, 20 November 2013skattverket
All what the Swedish tax authority have done in properly managing the Swedish tax system seem to be bearing fruits. Latest reports hold that tax evasion among Swedish companies and Swedish entrepreneurs have decreased  in the past years.

Statoil sued for discrimination in a case against the Gypsy

Wednesday, 20 November 2013statoil
Oil and gas company, Statoil is being sued for discrimination after it emerged that the petrol company denied Romani customers access to car rental services. The Swedish Equality Ombudsman has decided to pursue the case.

Rule: “No Poles, no Iraqis and no Niggers or Gypsies in Swedish night clubs or pubs”

Wednesday, 20 November 2013night club in Sweden strive to remain White only
Back to the 60s in the USA and Apartheid South Africa, Sweden is living the dream of cleansing night clubs and pubs of Poles, Iraqis and Niggers or Gypsies and most managers continue to dream of maintaining a "white only" night club policy.

Swedish economy gaining grounds in growth slowly than expected

Tuesday, 19 November 2013swedish-economy
The recession looks like continuing in the Swedish economy even though in the shadow of a sluggish growth abroad, the prerequisites for the Swedish economy to lift seriously its growth seem to be lagging.

Swedish secret police want to know email content and destination

Tuesday, 19 November 2013Swedish Police
When it emerged that the American organisation NSA was spying on our emails and listening to our phone calls, there was this emotional explosion of condemnation in places such as Sweden. But the Swedish security authorities love the America approach and want to make similar Swedish go main stream.

Leif Pagrotsky of the Social democrat party warns Swedish big banks – their  privileges will never remain for ever.

Monday, 18 November 2013Leif Pagrotsky
Leif Pagrotsky/ Granscole
The Swedish Social Democrat which is poised to take over office and form the next government if opinion polls stand as they are now, is getting ready to scare the banks. 

Denmark finds a better route to increased employment through improved adult education

Monday, 18 November 2013denmark
Denmark has seen a route to improved employability of the older workers who lost their jobs or who became unemployed get into adult education.

Åkesson will put immigration aside to try to break isolation

Sunday, 17 November 2013Jim

The leader of the Sweden Democrats Jimmie Åkesson is prepared to tone down the party's focus on immigration, to avoid being isolated ahead of next year's election, according to an interview in the daily Svenska Dagbladet. Police to investigate SD politicians.

Many racists harbour in the Swedish labour Union LO   and will vote the Sweden in the next election

Sunday, 17 November 2013lo
Labour Unions are supposed to be organisations that support workers and commune with them against the stresses of unscrupulous bosses and a government that will do anything to remove better working conditions. But in Sweden the trend emerging is different. The biggest labour union in the country LO houses surprisingly the large amount of far right sympathisers making the racial position in the country more complicate. 

Looking into entrepreneurial development in Norway as young budding start-ups force themselves to work more

Thursday, 14 November 2013Nowegian offcie space
How a growing number of young entrepreneurs are bringing a new 24-hour working culture to Oslo, Norway defying the country’s strict labour laws. The hunger for competitiveness and creativity is there despite an economy dominated by oil. Read more from the BBC

Signs that the Swedish job market is making continued improvements

Thursday, 14 November 2013swedish jobs seeker
There is now indication that the Swedish jobs market is beginning to heal. Latest data from Swedish statistic office Statistic Sweden (SCB) show an increase in the number of people in employment.

Swedish far right party Sweden Democrats digs and burrow deeper into racism row

Wednesday, 13 November 2013Sweden Democrats' deputy leader, Jonas Akerlund.
Swedish far right party, Sweden Democrats is in another very choppy water after a deputy party leader, had threatened to deport 500,000 "parasites" immigrants from Sweden. He had made his intensions clear on a community radio program.

Homeware giant IKEA is well on its way to taking over the world.

Tuesday, 12 November 2013Ikea
With 332 giant stores in 38 countries and plans for rapid expansion, the 70-year-old Swedish brand is just that much cheaper, better-looking, and more efficient than most competitors — even if its products will fall apart if they take much abuse. These are some key facts about Ikea put together by Business Insider

Immigrants boost to Swedish exports – a new study show

Tuesday, 12 November 2013Swedish exports
Yet another study about the value of immigrants in Sweden  in relations to their business community - to determine their usefulness for the business world - a company that employs an immigrant has a chance to improve exports.

Denmark donate Dkr10 million in typhoon aid to Philippines

Tuesday, 12 November 2013
Denmark is ready to send emergency aid to the Philippines following request from the UN.

British inflation falls in October

Tuesday, 12 November 2013
The UK's inflation rate, as measured by the consumer prices index (CPI), fell to 2.2 percent in October from 2.7 percent the month before, details from the BBC.

Record number of Chinese traveling to Sweden

Tuesday, 12 November 2013sweden

The Chinese are showing their love for Sweden and the Nordic region by travelling here in massive numbers. New reports hold that the Chinese are flocking here in their numbers for various reasons including the ability to breathe clean air.

Mobile Banking in Denmark explodes and overtakes online banking via PC

Monday, 11 November 2013Mobile Banking
One driver is that the Danes visit their banks on line around the clock. For the first time ever Danes use more mobile banking serves than through a computer when they go online for banking, according to new figures from a study from Danish banks’s IT service.

Swedish government plans big projects for Stockholm infrastructure redevelopment as elections draw nearer

Monday, 11 November 2013Stockholm
Stockholm / Granscole
The Swedish Alliance coalition government in are launching a large construction projects in Sweden just as the general election is drawing nearer.

Swedish housing shortage Costing the economy Billions – case study Stockholm

Monday, 11 November 2013Housing
Swedish capital Stockholm is in housing crisis mood and this is well known. But what is not yet known until. According to media reports, it now been determined that the cost to the economy of housing shortages in Stockholm will cost Skr21 billion a year in lost growth over the next 20 years.

Denmark continues to remain the happiest place on earth

Sunday, 10 November 2013Danmark
The Danes have been characterised as the most indebted people in the world, live through long, dark winters and have a shorter life expectancy than several Mediterranean countries. But despite all these, the Danes have succeeded to remain the happiest people on earth, reports News 24.

The role of Spotify in the evolution of the music business – will Spotify help or bring it down?

Sunday, 10 November 2013
The success of the music streaming business, Spotify and its entrepreneur founder Daniel Ek has emerged recently in a love hate relation with the music community. The Guardian newspaper is writing about how record labels have been told by the Swedish entrepreneurs that the best way to survive is to give everything away for free. Most have signed up – but many are yet to be convinced. Continue reading

Volvo cars maybe on the way to really crack open the Chinese market

Sunday, 10 November 2013Volvocars
That Volvocars has had it tough in the Chinese market is nothing new according to past news reports but there seem to be a strategy on the way for the Chinese owned Swedish brand to finally break into the Chinese auto market and really get big.

Swedish Prime Minister Fredrik Reinfeldt feels the leader of the opposition is complicating the political game

Friday, 08 November 2013
The leader of the Swedish opposition, Stefan Löfven seem to be getting too clever for the Swedish prime minister’s liking -  when he said that he wants to form a government if his party is to form a majority government, - to be open to all but for the far rights Sweden Democrats. 

Social democrats can collaborate with all political parties but Sweden Democrats

Friday, 08 November 2013Social democrats
The leader of the Swedish Social Democratic, Stefan Löfven has provides some answers to how he imagines a future government would look like after the parliamentary elections in 2014, if they have to form a majority government.

Profitability among Swedish farmers depressed

Friday, 08 November 2013poor
Only one in four farmers in Sweden sees the possibility of making real profitability in 2013, according to a report from the consulting firm LRF Konsult which also give the impression that that this is bad year for farmers.

Half of Swedish population is overweight

Wednesday, 06 November 2013fatness
Sweden is now observing that since the late 1980s, the average Swede has been almost 5kg heavier with Dalarna emerging as the region in the country with the fattest people.

Far right party, Sweden Democrats expel politician from local government

Tuesday, 05 November 2013JimmieLeader of the Sweden Democrats / Granscole
A controversial politician, Fredrik Molin of the far right party, Sweden Democrat in Karlskoga has been expelled from the party.

Swedish PMI for Services shows a mild rebound

Tuesday, 05 November 2013services
The Swedish Purchasing managers' index for services (PMI - services) rose slightly to 53.7 in October from 53.3 in September. PMI - Services thus remains in the growth zone for the fourth consecutive month, indicating a solid performance in services.

Man in his 30s arrested as several people are killed in a bus hijacked in Norway.

Monday, 04 November 2013Norway
Three people have been reported dead as a bus was hijacked on Monday evening in Norway between the small towns of Årdal and Tyin, in western Norway.

Laser could be the next tool to cure Alzheimer's and other brain related diseases – Swedish study

Monday, 04 November 2013brain laser
Swedish research feel that Laser could be the next new thing to use to cure Alzheimer and Parkinson and may other brain related diseases.There are scientists from Chalmers University in Gothenburg who strongly feel that such a feat is a possibility.

Are there European countries with hidden economic crisis

Monday, 04 November 2013Europe
The view is that Europe could be on its way out of the economic crisis but Swedish institution is looking into the numbers to determine is that is the case.

Swedish Prime Minister sees his confidence falls

Monday, 04 November 2013Swedish Prime Minister
Swedish Prime Minister, Fredrik Reinfeldt (Pictured) and head of the governing Moderate party has seen his confidence among Swedish people fallen to a very new low. Figure for the five years tracking of Mr Reinfeldt’s likability shows in a new survey has fallen to a new low.

Sweden’s voting public is getting older as the Sweden Democrats emerged as the third largest party with elections getting closer.

Sunday, 03 November 2013Sweden democrats
Swedish far right party, Sweden Democrat is now the third largest party in the country according to the recent opinion poll also known as poll of polls This comes a time when it also show that the Swedish voting population is growing greyer by the day.

How the “Swedish way of life” accused of spoiling Swedish children

Sunday, 03 November 2013Swedish children
Sweden has been in most cases known for all that is supposed to be the envy of any society. Its generous maternity and paternity leave, affordable childcare and child-centric society, among others. However, based on a new book so much focus on children may in fact have helped derail Swedish kids with huge consequences for the society, writes the Independent

Why is Sweden having all this many billionaires despite being a welfare state?

Friday, 01 November 2013Ikea
Sweden has persistently been accused of being a generous welfare state characterised by high taxes and generous hand-outs but one questing which has remain in answered is why does this country still maintain its as leader in things like competitiveness, and many billionaires? Slate Magazine might have the answered – read more

Despite private school mania, Swedish education fallen behind

Friday, 01 November 2013eductaion in sweden
The Swedish education minister, Jan Bjorklund is bracing for harsh reaction next week when the marks of Swedish student performance will land on his desk.  The new results from the Programme for International Student Assessment (PISA) will show that Swedish students continue to perform poorly when compared to their peers in other countries, report the Economist.

Swedish PMI fell to 52.0 in October still in growth zone - stable industrial activities

Friday, 01 November 2013industrial production in Sweden

Swedish purchaser’s manager Index (PMI) for the Swedish industrial sector fell by 4.0 index points to 52.0 in October from 56.0 months before. The corresponding month last year, purchasing managers index 43.1.

Counting the cost of bad weather over Sweden

Wednesday, 30 October 2013
One immediate observation from the aftermath of the hurricane that hit Sweden last Monday is that there are  still some 9,200 household mostly of Eons customers in southern Sweden without power.

Academic programs that end up rewarding more – Swedish perspective

Wednesday, 30 October 2013Doctors
Much has and is being said about the nature of education is these days as higher education get more expensive but it looks like the reward promise of good jobs and pays seem to be a myth. While some camps are totally repudiating the idea of encouraging university education, others are saying that it depends on the course studied. So which education course(s) are more financially rewarding in the long run?

Millions of Swedish patient records left exposed in months

Wednesday, 30 October 2013internet connection
Security vulnerabilities in a server meant that within a period of eight months, three million patient records in Sweden were left completely unprotected. And there are traces of intrusions in the computer systems which mean the records might have been compromised.

The Rosy nature of Sweden is soon coming to an end - some people warn

Monday, 28 October 2013Market
The Swedish tiger economy - something many hyper positive Swedish looking analysts are not talking about again, weathered the financial crisis better than many other countries and this has meant that Sweden has been a fantastic market for foreign investors. But now there is a warning out in the Swedish media sources that the end of the party is very close.

Sweden: Social Democrats suggest ten year limit for school owners

Monday, 28 October 2013Swedish class
The Swedish government and the leading opposition party, the Social Democrats are agreeing that the Swedish private school system is not working as expected. Schools have been failing in providing quality education to the level expected and have been putting profiteering ahead of quality education.

Cost of cash management  in Sweden to increase and this will hit hard small businesses and consumers

Monday, 28 October 2013cash
Swedish banks are raising the cost of handling cash, something that will make it very costly for businesses and consumer whom the cost will be passed to.

BBC examines Sweden's asylum offer to refugees from Syria

Monday, 28 October 2013Tobias  BillstromBBC
The number of new arrivals of Syrian refugees to Swedish processing centre has risen dramatically since the beginning of last month, when the Swedish authorities announced that Syrians seeking asylum would be granted permanent residency. Read more and watch the documentary from this BBC link

Scandinavian news from around the web

How is the Swedish healthcare system faring as more temps employed than permanent staff?

Monday, 28 October 2013care
Efficient management in Swedish care delivery centres is struggling and it not very clear whether the strategy is money saving by cutting services or just lack of money to invest in frontline services.

Foreign students in Lund University suffering from starvation and poverty – similar situation also experienced Sweden-wide 

Thursday, 24 October 2013University of Lund
There is a warning alarm that foreign students in Sweden are suffering from extreme poverty - that some find it hard to even have food to eat.

Swedish central bank, the Kiksbank leave Repo rate unchanged at 1 per cent

Thursday, 24 October 2013swedish riksbank
The Swedish central bank or the Riksbank announced that it has decided to hold the repo rate unchanged at 1 per cent.

Norwegian spies tried to stop mall massacre gunman from travelling to Somalia three years ago after discovering his jihadi beliefs – mail on line reports

Thursday, 24 October 2013kenyan Massacre
Norwegian agents tried to stop a suspected Nairobi mall gunman from leaving the country for a life of terror three years ago, Daily Mail reports

Significant increase in the number of asylum seekers in Sweden

Wednesday, 23 October 2013refugees
After Sweden granted permanent residency to some Syrians recently, the country has become a magnet to refugee. The mount of asylum seekers flocking here has been described as the highest number ever seen since the Balkan war.

Scania Orders Jump 29 percent in Europe Emissions - Rules Change

Wednesday, 23 October 2013Scania
Truck manufacturer Scania reported operating income of Skr1.968 million for the third quarter of 2013. Revenues for the quarter were Skr19.725 million.
Analysts had expected an operating profit of Skr2.033 million and revenues of Skr20.514 million. More from Bloomberg

Dangerous bacteria in fresh chicken sold in Sweden – Please Watch Out

Wednesday, 23 October 2013hicken
There is an alarm swirling around Sweden warning of dangerous bacteria found in chicken sold in Swedish stores.

Swedish business pressure group call on government to make it easy for first-rate international universities to establish here

Wednesday, 23 October 2013
Harvard University / Facebook
Swedish private sector has succeeded under the current government to penetrate sectors that were previously seen as more welfare – facing. But various authorities such as the Confederation of Swedish Enterprise would want to see more foreign “high brand” universities to storm the Swedish university market.

Various Swedish affiliated organisations actively seeking means to assist Syrian refugees in Syrian and in Sweden

Tuesday, 22 October 2013Syrian crisis
As the humanitarian situation in Syria shift to catastrophic, many aid organizations in Sweden have targeted fundraisers to assist in stemming the humanitarian collapse taking place in Syria and the civil war there remain tense. The aid campaign on going in Sweden aims to continuously support Syrians displaced in and around Syria and those who moved here in Sweden

Swedbank reports higher than expected their quarter results

Tuesday, 22 October 2013swedbank
Swedish banking group, Swedbank reports an operating profit was Skr5.191 million in the third quarter compared with expected Skr4.777 million, according to analysts’ consensus survey.

Denmark showing signs of interest in the Swedish fighter jets Grippen.

Monday, 21 October 2013saab
Denmark's defence minister Nicolai Wammen on Monday visited Sweden to learn more about Jas 39 Gripen, making a sign of U-turn for Denmark, to show interest in the Swedish fighter jets.

A new Dating app helps warns Icelanders from dating relatives

Monday, 21 October 2013incest app
In a very small country in terms of population, everyone is related to everyone. One fear is that it can be difficult to find a partner that is out of the family tree. This big problem today in Iceland but technology is on the way.

A tale of a Swedish municipality where there are lots of jobs but no one to fill them

Monday, 21 October 2013Sandviken
Sandvik needs need workers to run machines like this / Granscole
A Swedish municipality, Sandviken has a very high unemployment rate of about 13 percent. Paradoxically, the municipality's largest company, mining giant Sandvik, is facing a crisis of labour shortage and desperately seeking workers.

The Swedish Moderates party will stick to the middle as party conference come to close

Sunday, 20 October 2013Moderate Party ConferenceSwedish Prime Minister, Fredrik Reinfeldt / Swedish television
The Swedish economy is doing well and all indications suggest that Sweden is a good country to live in. This is the line the Swedish prime minister, Fredrik Reinfeldt choose to use as he closed his party conference in Norrköping on Sunday. He also added that the moderate party has made Sweden even better.

Sales of Work permits to as much as Skr100,000 rife in Sweden

Sunday, 20 October 2013Radio Sweden
How effective is the Swedish jobs market? Young people are not getting employment and the government is killing itself giving companies tax breaks as a means for them to recruit more unemployed and young people. But it turns out that some companies know how to milk the system. They just sell their work permits for more benefits plus what they get from the government.

Swedish Social Democrats party attracted more lobbyists’ at their conferences than the other parties

Sunday, 20 October 2013Social democrats conference
The Social Democrat party has tended to attract more lobbyists to their party congress than their  more business friendly opponents, such as the Conservatives usually described as a party for business and small government.  The question is why?

Swedish housing market over heating – would affect the economy

Friday, 18 October 2013housing
There are already talks of the Swedish housing market overheating. Reports on Swedish television hold that the temperature of the housing market in Stockholm in particular has risen to boiling levels.

Growth of Anti-semitism lead to the flight of Jews from Denmark

Friday, 18 October 2013The Danish Jewish Museum recently mounted an exhibition commemorating 40 years since the Polish immigration, the last significant group of Jewish immigrants to arrive in Denmark.
The number of people registered as Jews in Denmark has fallen by 25 per cent in the past 15 years, as the explosion of Anti-Semitism lead to the flight of Jews, according to Finn Schwarz, the president of the Danish Jewish community, reports JTA, the global Jewish news.

Iron Age pillars found in Uppsala, Sweden - Independent

Friday, 18 October 2013
Archaeologists in Sweden say they have unearthed the remains of unusually large wooden monuments near a pre-Viking burial ground writes The Independent