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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.

Volvo seeking to make an impact in Brazil

Friday, 12 October 2012
Volvo AB will invest $500 million - nearly Skr3.4 billion - in Brazil over the next three years. This is to expand production, renew, and broaden truck range after a challenging year in the local market.

Swedish steel giant, SSAB laying off 450 blamed of efficient savings

Thursday, 11 October 2012
Swedish steel giant, SSAB has issued notice for dismissal of 450 employees in it region of operation in Borlänge, Oxelösund and Lulea.

Ericsson borrows from European Investment Bank

Thursday, 11 October 2012
The Swedish telecommunications provider, Ericsson takes a new loan from the European Investment Bank for develop of new technology for next generation mobile broadband.

Danish Clinics Anticipate Benefits for Cancer Patients with Elekta’s Innovative Beam-shaping Solution for Radiotherapy

Monday, 08 October 2012
Vejle Hospital and Odense University Hospital acquire Elekta treatment systems equipped with Elekta’s Agility MLC

Finnish financial group Sampo, ready to buy shares in Nordea

Friday, 05 October 2012

It was hinted recently that the Swedish government would have to finally off load its shares in the giant bank, Nordea. The Finnish financial group, Sampo, is reportedly ready to buy those should they go out for sale.

Corporate Bankruptcies in Sweden soar

Friday, 05 October 2012
The number of corporate bankruptcies in Sweden reached 501 in September, which means an increase of 24 percent compared with the same month in the 2011.

Nokia may sell headquarters

Wednesday, 03 October 2012
Nokia is considering selling its headquarters in Keilaniemi in Espoo near Helsinki, Finish media report.

Volvo cutting workers at Saffle

Wednesday, 03 October 2012
Volvo Buse plant in Saffle, Sweden will be closing down by mid - 2013, and subject to negotiations with the unions, a total of approximately 330 permanent employees and 60 consultants will loose their jobs.

Ikea accused of gender discrimination by erasing women off Saudi cataogue

Monday, 01 October 2012
Ikea has been accused of sex discrimination by retouching and removing a woman from its Saudi Arabian catalogue.

Loomis to provide cash handling for OKQ8, Apoteket, FOREX, DocMorris Apotek and Bilia

Friday, 28 September 2012
Loomis has signed agreements with several new clients in Sweden: OKQ8, Apoteket AB, the car dealership chain Bilia, the pharmacy chain DocMorris Apotek and FOREX Bank, to name but a few, a new release form the company says.

Alfa Laval wins SEK 130 million order for infrastructure projects in Russia

Friday, 28 September 2012
Alfa Laval has won order to supply process equipment to two infrastructure projects in Russia. The order value is approximately SEK 130 million and delivery is scheduled for 2013, the company said in a press release.

H & M's profit lower than expected

Thursday, 27 September 2012
Clothing chain Hennes & Mauritz reported a profit of just under Skr4.9 million for the period June-August, the third quarter in the company's fractured fiscal year.

US buy from Swedish Saab's Carl-Gustaf man-portable weapon system

Wednesday, 26 September 2012
Swedish weapons factories continue to take orders in this hard times in recent, the big dog, USA, has just placed an order for Carl-Gustaf man-portable weapon system (Pictured above).

Atlas Copco receives order from Saudi Arabian for gas compressors

Stockholm, Sweden, September 25, 2012
Swedish engineering company,  Atlas Copco’s Gas and Process division has won an order for three centrifugal gas compressors to serve the power-generation industry in Saudi Arabia.

Swedish telecom operator Telia to double price for data traffic

Monday, 24 September 2012
Telecommunications operator TeliaSonera has announced that it will raise prices on data communication in all surf packages and surf subscriptions, except subscriptions to Telia Mobile Flex, which includes both telephony and surf.

Photo of the Russian punk band, Pussy Riot pulled from IKEA Russia website

Monday, 24 September 2012
Swedish furniture giant, Ikea has removed image of the Russian punk band, pussy riot from its Russian website. The driver of that move is considered to be due to political factors.

Ikea promised improvement in it management culture to embrace openness and democracy?

Monday, 24 September 2012
Ikea's chief executive said the privately owned flatpack furniture retailer would continue to open up as he defended its culture after spying and bribery problems.
External source

Gunnebo Modernises Locker Service for African Bank

Thursday, 20 September 2012
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 secretly associated itself in shady multi billion krona business with dictators through tax havens

Wednesday, 19 September 2012
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.

Electronic chain Expert, Swedish branch retailer goes bankrupt  

Tuesday, 18 September 2012
Electronics 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 2012
The 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 2012

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 wins SEK 70 million heat exchanger order in Western Europe

Monday, 17 September 2012
Alfa 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 2012
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.

Sales fall for H&M in August but group sales rose

Monday, 17 September 2012
Clothing giant H&M reported a sales fall by 4 percent for August 2012.

European Union wins the Nobel peace prize

Friday, 12 October 2012
The European Union has been awarded this year's Nobel Peace Prize, reports the Norwegian broadcaster, NRK which claims to have been informed from a credible source. The prize for the crisis hit Europe is for its intense desire to promote peace despite difference among members.

Fall in the amount of Swedish millionaires

Friday, 12 October 2012
Sweden has lost 142,000 dollar millionaires and now has only 343 000 of them left, according to Dagens Industri noted the report Global Wealth Report from commercial bank Credit Suisse.

Croatia to buy eight Swedish Gripen fighter jets

Thursday, 11 October 2012
Croatia has formally offered to buy eight Swedish JAS 39 Gripen fighter jets, version C / D of the Defence Export Agency (FXM) report Swedish media sources an radio Sweden 

Swedish parliamentarian and bureaucrats up their salaries as the economy struggles

Thursday, 11 October 2012
Swedish parliamentarians have voted to increase their pay while the rest of the country's workers worry weather they'll be able to keep heir own jobs in the coming months.

Chinese Writer, Mo Yan win 2012 Nobel prize in literature

Thursday, 11 October 2012
The Nobel Prize in Literature for 2012 is awarded to the Chinese writer Mo Yan “who with hallucinatory realism merges folk tales, history and the contemporary” the Swedish academy announced.

TeliaSonera is being investigated for bribery in Nepal

Thursday, 11 October 2012
The Swedish - Finnish state owned telecom giant, Telia Sonera's business in Nepal is increasingly becoming another trouble sport for the company. The question asked now is how ethical has the company been performing there when more allegation of corrupt dealing emerged recently.

Average Swedish  house price nearly Skr 2.1 million

Thursday, 11 October 2012
Swedish real estate prices for one- or two-dwelling buildings increased by 3 percent during the last three-month period, June – August 2012, compared to the previous period, March – May 2012.

Dramatic increase in the number of redundancies in Sweden but not surprising

Thursday, 11 October 2012
There number of worker in various Swedish industrial sectors facing redundancy  and the coming months has been analysed to be on the increase as the economic uncertainty continues to be an issue.

French, Serge Haroche and American, David Wineland win Nobel prize in physics

Tuesday, 09 October 2012
The Royal Swedish Academy of Sciences  has this awarded the 2012 Nobel prize in physics to two researchers for their work with the fundamental units of light.

The IMF warns of deepening global economic slowdown but praises Swedish crisis management

Tuesday, 09 October 2012
International Monetary Fund (IMF) has cut its forecast for global economic growth to 3.3 percent in 2012 and 3.6 percent in 2013, saying that global economic slowdown is worsening.

The clash on jobs, healthcare, and immigration as Swedish political leader descended on TV for open debate

Monday, 08 October 2012
Swedish political leaders descended on the TV last night to draw contrast on each other's program and plan for the future of the country. Hot topics on discussion were immigration, unemployment, and private profiteering in the welfare system.

The Nobel Prize for medicine announced

Monday, 08 October 2012
The 2012 Nobel Prize  in Physiology or Medicine is  awarded to Dr. John B. Gurdon and Dr. ShinyaYamanaka on Monday morning in Sweden for their work on stem cell research.

Norway will used its oil fund to boost economic stimulation - raises it GDP forecast Monday,

08 October 2012
Norway has good money saved from the sale of its oil in the past thrusted in the famous oil fund. Now the Norwegian government want to use some of it to stimulate the economy with and push growth.

Swedish opposition bloc, the Red Green Coalition poised leads in opinion polls but government coalition catching up

Saturday, 06 October 2012
The Swedish opposition coalition, the Red - Green coalition is leading in the Swedish political scene. Therefore, if elections were to be held today, the RED Green Coalition will hold a 46 percent lead.

Billion of Krona brought back home from tax havens as government strategy starts bearing fruits

Saturday, 06 October 2012
The strategy carried out by the Swedish government to induce tax dodgers to bring hidden untaxed wealth in tax heaven is now bearing fruits.

Danish Buying spree in Sweden over

Friday, 05 October 2012
The time when Denmark used to drive the Swedish economy through their spending spree in southern Sweden has now virtually come to an end.

Swedish central bank, and government websites suffered from cyber attacks Wednesday night from the network Anonymous.

Thursday, 04 October 2012
Swedish central bank, the Riksbank's site, and that of the Swedish government were completely down and the government had temporarily replaced it with a simpler version at around 22:30.

Sweden has the highest taxes marginal tax rate among industrialized countries

Wednesday, 03 October 2012
Sweden still has the highest marginal tax rate among industrialized countries - but European nations facing economic crisis are forced to raise also raise their own taxes as such they are approaching, according to a new report.

Swedish petrol stations discriminate against Roma

Wednesday, 03 October 2012
Gas stations around Sweden discriminate against Roma news reports reveal on Wednesday.

Swedish government close to selling remaining stake in Nordea

Wednesday, 03 October 2012
The Swedish government, which still owns some shares in the Nordic banking giant Nordea, could be selling the rest of its shares soon.

Sweden and France disagree on agricultural policy

Tuesday, 02 October 2012
Sweden and France have completely different views when it comes on the EU's biggest spending; agricultural policy. When the Swedish Prime Minister, Fredrik Reinfeldt visited the French president, Francois Hollande on Monday their differences came out clearly.

Web Attacks in Sweden linked to Julian Assange

Tuesday, 02 October 2012
A new wave of cyber-attacks struck various Swedish organisations on Monday and an immediate closer examination points to supporters of Julian Assange the Swedish police said.

TeliaSonera's asset frozen pending investigation on corruption on Uzbekistan 3G telephony

Tuesday, 02 October 2012
Swedish prosecutor, Berndt Berger from the Swedish Anti-Corruption Unit has submitted a request to the Stockholm District Court for the freezing of Takilants assets in Sweden worth some Skr1.5 billion.

Sweden's PMI fell to 44.7 in September signifying continuous decline in the industrial productivity

Monday, 01 October 2012
Sweden purchasers' managers' index, or the PMI total fell to 44.7 in September from 45.1 in August, signifying that the index fell outside the growth zone for the second consecutive month.

Role of immigrants in an economy: Case study Sweden

Monday, 01 October 2012
Once more the question about the value of immigrants to an economy is emerging in Sweden at a time when the economy starts getting weaker more and more.

One More attack on the Jewish synagogue in Malmo, Sweden

Friday, 28 September 2012
The Jewish Community House in Malmo, Sweden has been attacked over night, two men are arrested, and suspected of devastation and endangering the public.

Vitamin D deficiency increases the risk of heart disease: Danish Study

Friday, 28 September 2012
People with low levels of vitamin D in their body are more open to attacks from heart disease, a Danish study show.

Norway's Unemployment rate falls

Friday, 28 September 2012
Unemployment in Norway fell to 2.4 percent in September, down from 2.6 percent in August, according to figures from the country's Labour Office (NAV).
Amnesty calls for Swedish give assurances to Asange and break impass
Thursday, 27 September 2012
Amnesty International has urged Sweden to "break the current impasse" in the Julian Assange extradition case by giving him assurances that he will not be handed over to the US, according to the BBC

Fishes said protected from extinction found freely sold in Swedish shops

Thursday, 27 September 2012
Several deep-sea fish such as those that are red-listed by various environmental NGOs have been found freely sold in Swedish fish counters, report various Swedish media sources.

Stagnation in new company listing on the Stockholm Stock Exchange

Thursday, 27 September 2012
There is listing - dry on the Stockholm Stock Exchange in 2012, as not a single company has been found listed on the stock exchange.

Swedish ports in conflict mode as protest and strikes to disrupt activities

Thursday, 27 September 2012
There is a looming conflict at the Swedish ports following disagreement between the employers and the ports worker's union, Transport, they failed to agree on a contract. The consequences may eventually become serious.

How Swedish tax evaders are gradually and surely bringing back that money to Sweden

Wednesday, 26 September 2012
Sweden is not like the USA or Britain where there is the big fear for the wealthy and millionaires or billionaire. "Pay your fair share in taxes" the slogan the Swedish government as new tax agreement with Switzerland forcing "tax refugees" to dart bring their "loot" back home.

Sweden forced to make more spending on EU contribution

Tuesday, 25 September 2012
Swedish Finance Minister, Anders Borg is opposed to increases in Sweden's contribution to the EU. Yet this years contribution will reach Skr32 billion, Skr1 billion more than last year. The most painful issue is that the EU wants even more from Sweden.

Swedish financial services authority, to review Forex Bank over Panaxia bankruptcy.

Tuesday, 25 September 2012

Swedish financial services authority, FI has called on the management of the Forex bank at least twice in recent weeks, after the collapse of Panaxia.

Confederation of Swedish Enterprise looks bleak on the Swedish economy

Monday, 24 September 2012
The Confederation of Swedish Enterprise (Svenskt Näringsliv) sees a downturn in the Swedish economy, in its new forecast for the Swedish economic development in the coming months.

UK could be looking at having a higher deficit than Greece next year

Sunday, 23 September 2012
With the British government persistently finding it hard to reduce its deficits and with the economy resisting any form of growth push, there is growing fears that the British economy could see its deficit grow larger that expected, surpassing the levels of Greece and Spain.

Despite the "success of Sweden," income inequality has become wider  and a way of life

Sunday, 23 September 2012
Sweden has always been classed as a human success story where it has always been described as having an efficient social economy and welfare system that support all - in principle. Therefore in such a country of 9 million people, income inequality should not be observed. Yeah? Lies.

Oslo prepares to counter anti Muslim films protester as US president appeal for calm and the French magazine create more fuel

21 September 2012
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.

Brazilian claims he wanted to kill the Swedish king - in an attach on security guard

Friday, 21 September 2012

  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.

Unusually good crop harvests in Sweden this year despite gloomy weather elsehwere

Thursday, 20 September 2012
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 takes allegation of doggy Uzbekistan business serious

Thursday, 20 September 2012
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.

Scandinavian magazines such as "Se & Hor" published Kate Middleton's necked photos

Thursday, 20 September 2012
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.

How the Obama or Romney victory will affect some Swedish big companies

Wednesday, 19 September 2012
Some 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 2012Kulusuk_Greenland.jpg
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.

Swedish authorities warn about security hole in Microsoft Internet Explorer

Wednesday, 19 September 2012
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

Unique transplantations in Gothenburg where uterus replant have taken place

Tuesday, 18 September 2012

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.

Prices reduction for newly constructed houses in Sweden

Tuesday, 18 September 2012
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.

More cheating students in Swedish schools caught and punished

Tuesday, 18 September 2012
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.