Nokia boss acknowledge mistakes stressing critics’ view that the company had no strategy despite its size.

• Positive outcome for Aerocrine in patent proceedings against Medisoft in Belgium

Alfa Laval wins a Skr 60 million unique energy efficiency order from AkzoNobel

Finnish airliner, Air Finland goes bankrupt

Wednesday, 27 June 2012

LinkedIn very popular with Swedish professionals as One million Swedes get on board.

• Vestas receives record contract

   

• Committee for Human Medicinal Products in the European Union gives Zyclara the positive nod

• Kungsleden updates tax ruling and adjusts estimate

• Alfa Laval wins SEK 60 million energy-efficiency order in South Korea

Moody’s hit hard at 15 big banks as the Euro-zone risk fears grow

Friday, 22 June 2012

The unlikely support for Norwegian strategy as an unexpected SAS’s growth strategy turns to green light for the Norwegian low cost carrier

Thursday, 21 June 2012

• The Swedish government takes over Saab spares

• Swedish companies in collusion course with the Norwegian ski team

The march to dominance in the fashion sector continues for H & M as earnings beat expectations

Wednesday, 20 June 2012

• Volvocar reconsidering strategic growth moves and cloud over the economy gets darker

Fall in British inflation rate to 2.8percent in May driven by price slump

• Alfa Laval wins SEK 120 million energy efficiency order in South Korea

• Alecta to tender its entire 9.13 per cent stake in Rhön-Klinikum AG

• U.K.’s NHS Supply Chain Signs Agreement to Acquire 10 Elekta Linear Accelerator Systems for Cancer Treatment

How Volvocar’s profits become a loss

• Moody’s sling Nokia to junk status as the once towering Finnish phone giant becomes an underdog.

• Getinge acquires Chinese Acare Medical Science Ltd as a leap into to emerging markets

• H&M Sales improved in the unexpectedly

It is officially confirmed that the remnants of Saab automobile has been sold to Nevs

• The sale of Saab automobile is ready and buyer will be announce at press conference later

• SKF induced cost cutting in Germany

• The people behind the possible purchase of Saab automobile used to be Volvo advisers

Explosion in the levels of Smuggled cigarettes into Sweden

Monday, 11 June 2012

An H&M insider, closest to Persson leaves the clothing giant to American competitor

Ikea furniture names in Thailand suffer from missing in translation – some bed name means sex in Thai.

• Holmen sells paper machine

University of Miami initiates clinical trial of XM-ONE®

Defence group Saab plans to place a bid on Dutch firm Hitt

• First patient included in DiaGenic and GE Healthcare project to develop a blood test for Mild Cognitive Impairment, associated with Alzheimer’s  

• University of Miami initiates clinical trial of XM-ONE® – Press release

Insolvencies and bankruptcies in Sweden at a stable level despite persistent economic uncertainty

• Cybercom divests Chinese operations and to focus on Nordic market

• Danish tennis star, Wozniacki to launch a underwear line

Nordea stop speculating on food prices

Monday, 04 June 2012

Samsung Company buys Swedish Nanoradio Company

Alfa Laval wins order to supply equipment for the world’s first FLNG facility

• Volvo Cars continues to perform poorly in the U.S.

• New registrations of passenger cars and lorries in Sweden, May 2012

• Atlas Copco to acquire compressor manufacturer in Turkey

Resolution on the Sale of Saab automobile business can take longer

Thursday, 31 May 2012

Moody’s downgrades Danish banks – two blows in one day

• Danske bank sees it credit rating downgraded

• Mobile broadband boom continues in Sweden – a strong areas of expansion

• Swedish Retail trade increased in April

Stockholm and most European major markets crush barrier on Friday as the EU summit give better than expected solution for the Spanish economy

Friday, 29 June 2012

Where are the jobs? – Sweden

Friday, 29 June 2012
Sweden has about 8.1 percent unemployment at this moment but the economy is crying out for mining engineers, programmers and surgical nurses. These are some of the sectors where there is a strong demand for skills, but on the flipside, sailors, photographers and stock brokers, for example have a bleak future in Swedish job market today.

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Saab defence group receives a strong order from the Swedish military.

Friday, 29 June 2012
Saab has received four orders from the Swedish Defence Materiel Administration, FMV, for Gripen development, support and maintenance through 2016.

• Sweden calls on Switzerland to check on the jet fighter, Gripen deal

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A Swedish leading hard hitter businessman, Percy Barnevik arrested in London for sex offence

Friday, 29 June 2012
A very ‘untouchable’ Swedish business man, Percy Barnevik, is reported to have been arrested in London, on Thursday on suspicion of sexual offenses.
 

• Swedish hospitals seeking to save billion just as the impossibility to make money from healthcare provision is fully established

 

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Swedish Youth with immigrant background (skin colour) find it hardest to get an income

Thursday, 28 June 2012
Despite the rapid improvement of the Swedish economy after the crisis year of 2009 the proportion of Swedish youths that have been placed on the margin of the Swedish economy has grown by 2010 – 2011. A new survey by Swedish National Board for Youth Affairs will present today.
 

IMF Public Information Notices: Dark cloud continues to hang over Sweden’s economy

Thursday, 28 June 2012
The economic outlook for the Swedish economy is still dark and the risks to the growth leans towards the downside. This was the view of the International Monetary Fund, IMF, in a report on Wednesday.
 

• More highly educated persons in Sweden gainfully employed to a greater extent

  

• Swedish Retail trade expanded in May more that expected

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Sweden’s Social Democrats Join the Swedish Premier to criticise EU transfer of power proposals 

Wednesday, 27 June 2012
The Swedish Social Democrats, just like the Swedish Prime Minister, (pictured) are critical of the far-reaching proposals made by the EU such as those now under discussion, to give more power to the EU and Brussels. “That will not solve the problems in the EU,” said Fredrik Reinfeldt, Swedish PM (pictured above).
 

• New findings may provide clued on how to tackle Parkinsons illness

   

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Accountability, hypocrisy or just arrogance? How the Swedish Economic Crime Authority got away with luxury trip to the U.S.

Wednesday, 27 June 2012
The top officials of the Swedish Economic Crimes Authority went on a field trip to Miami Beach in the USA with a price tag of about Skr50,000 per person. They who are supposed to be holding others accountable got away with squandering state funds.

•  Protein-rich diet with few carbohydrates increases heart failure risks – Swedish- American Research

   

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 Need for more to work more in Sweden if the welfare system is to survive
Wednesday, 27 June 2012
The fractured and segregated Swedish job market must integrate but necessity of the country is to maintain its welfare system in the future.
 

• Sweden seeing increased tourist boom – pushing consumption up

   

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China unleashes its big plans for Sweden and the Nordic region as regional giant bank to be launched

Wednesday, 27 June 2012
China is getting more and closer to Sweden and is now getting ready to open a branch of one of its most powerful financial houses in Stockholm, Sweden’s capital.



 

• U.S. Secretary of State Hillary Clinton arrived in Finland

 

• Large Swedish companies come under intense criticism about their operations in low wage countries  

 

• Swedish accompanies accused of violating rights in the Congo

  

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Finnish organisation, Finn Watch follows SwedWatch to decry the inhuman working conditions in Chinese factories

Wednesday, 27 June 2012
Img/FinnWatch
When westerners cry that most of their jobs have been outsources to China and China on the other side boast that it is recording 8 to 10 percent economic growth, and also Western firms report huge corporate profits, all that comes down to the slavish ways the Chinese workers are put through.

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Swedish companies identifying the benefits of

work place diversity 

Tuesday, 26 June 2012
Companies that show aspects of work place diversity are more likely to be profitable, according to except of a survey conducted by polling organisation, TNS Sifo.

 

• Finnish Unemployment remains steady

   

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Trouble in Stockholm as Masked men set cars on fire

Monday, 25 June 2012
Three cars were burned and masked men threw fire gear on the road before they fled the scene. The events occurred shortly after each other on Monday evening.

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Alaarm as a loose Norwegian, trained in a Yemeni terrorist training camp on the loose to strike in Europe

Monday, 25 June 2012
A Norwegian man in his 30s reported to have received terrorist training from al-Qaeda camp in Yemen and is ready to attack a target in the West, in reported to be on the loose.

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Sweden can not guarantee that Assange will not be extradited to the USA

Monday, 25 June 2012
The fears Assange had that he could be extradited to the USA if he came to Sweden for his case on sexual assault seem to hold water when Sweden said that he could not receive any diplomatic guarantee from Sweden that he will not to be extradited to the United States.

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Swedish people want draconian moves to attach obesity – along Danish Lines

Monday, 25 June 2012
More Swedish people want their government to take more hawkish attitudes towards attacking the problem of obesity in the country. They feel that though the other Nordic countries such as Denmark are already taxing sugar and butter, Swedish politicians are doing nothing.
 

• Increasing problems with pick pocketing in Stockholm

 

•  More than half of British women’s waists ‘too big’ as the country confirms itself as leading obese nation in Europe – BBC

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In the Eyes of credit rating organisation, Fitch: Finland retains top credit rating 

Monday, 25 June 2012
Fitch Ratings organisation Fitch has confirmed the best possible AAA rating for Finland’s long-term loans, said the Ministry of Finance.

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Drives for religious education to be quarantined in Finnish schools

Monday, 25 June 2012
Religion Hours in primary schools in Finland are poised to be can be reduced after 2016, a report in Finnish media hold. The lower number of religion classes are part of the new distribution of lesson hours in basic education.

 

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The EU threatens Sweden with court action over non adoption of laws protecting agency workers
Friday, 22 June 2012
The European Commission is threatening to refer Sweden to court for not having adopted the new EU regulations on employment agencies in time.
 

• Sweden Finance Minister says EU Need Monetary Expansion From the ECB

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‘Freedom and democracy! what freedom when the  police is listening to all our conversations’

Friday, 22 June 2012

The number of people in Sweden whose telephone conversations are secretly intercepted and monitored by the police is on the increase, a new report show.

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Sweden accused of being too lax on dealing with corruption – especially by Swedish  companies abroad

Thursday, 21 June 2012

 

 

Sweden is weak in dealing suspected cases of corruption and bribery, the economic cooperation organization, OECD condemned.


 

Growing housing shortage in Sweden – a wide spread problem

Thursday, 21 June 2012
The construction of new houses in Sweden has reduced and the demand for logging is on the rise not only in the capital, Stockholm but nationwide. More than six out of ten Swedes now live in a county where housing shortage is the norm.

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Swedish Channel TV 4 in disarray as the company tries to stem losses

Thursday, 21 June 2012
There is an atmosphere of uncertainty in Swedish TV 4 News as the company struggles to cut workforce and perks in order to stem growing looses. But the move by management has ignited bad blood between workers and management.

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Statoil has gained 26 licenses in the Gulf of Mexico as it looks to tap into US hail boom

Thursday, 21 June 2012
Statoil has received some 26 licenses in the first licensing round in the central Gulf of Mexico since the blowout on the Deepwater Horizon two years ago as it sees the USA as a future growth region.

• Fall in oil prices

   

• H & M is considering exchanging operations currency

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 Swedish economic out look show more of a gloomy faces than otherwise. The Nordic tiger economy being tamed?
Wednesday, 20 June 2012
The Swedish economy is not performing well and various Swedish economic analytical houses are giving their verdicts and recommendations: The governement should do more in the way of stimulants.

• ‘What is your economic crisis Policy eeh? You Socialist noise makers?’ – Borg! 
  

 

•  Increased security around the Swedish PM as terror threats in Norway a cause for concern

 

• UK Unemployment Fell by 51,000 to 2.61 million in the three months to April But jobless claim rose.

• Sweden’s problems region, Skåne is falling behind the rest of the country

    

• Egalitarian Sweden where Men earn on average 14 percent more than women

  

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Up to 800 jobs to go at the Karolinska

Wednesday, 20 June 2012
Karolinska University Hospital (KS) in Solna and Huddinge are considering cutting its full time workforce by 700 – 800 people.

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Though economic mayhem, Swedish people added their tally of dollar millionaires

Tuesday, 19 June 2012
  As the global economy implodes gradually internally, in Sweden, there is life as usual and it seems nothing is worrying any one.  Evidence of this is the amount of millionaires that have grown in this country while several countries’ economies are in crisis.

Swedish state budget balance is zero as 

moderate growth determined on fragile ground 

Tuesday, 19 June 2012
The deficit in public finances this year stood at Skr22 billion, or 0.6 percent of gross domestic product (GDP).

 

 

• Swedish Music Exports increased in 2011

  

Deadly Shooting in Påmark, Finland

Tuesday, 19 June 2012
Four people found shot to death in Satakunta, Finland as gun problems continues to worry the country. 

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Following dietary advice may improve and lengthen life – but few do it

Tuesday, 19 June 2012
The dietary guidelines given by the Swedish National Food Agency (NFA) or Livsmedelsverkets has been determined in Sweden as the best pathway to a better, healthy and longer life, But a recent study show that few people follow it.

 

Swedish unemployment is growing more than expected in the wrong direction

Tuesday, 19 June 2012
Swedish Unemployment was 8.1 percent in May, not seasonally adjusted, according to data from Statistic Sweden’s Labour Force Survey (LFS). This growth of unemployment was going in the wrong direction.  

 

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Pack wolves devour a zoo keeper in Kolmarden, Sweden

Monday, 18 June 2012 
A pack wolves devour a zoo keeper in Kolmarden Sweden (pictured above) in what authorities describe as unexplained death. Question have emerged one more about the relationship between man and wild animals.(Image above is of Swedish television reporter kissing a wolf)
 

• More Swedish women succeeding in breaking the glass ceiling in top management positions

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How the Conservatives in Sweden are gradually being pushed out of power by the Red – Green coalition

Monday, 18 June 2012
As the rest of Europe celebrate the success of the conservatives there in last night’s election. It turns out that Conservative politics if getting less popular today that before. In Sweden they are gradually being pushed out of power.
 

• Swedish premier, Fredrik Reinfeldt increases his pay

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A new medical method may help vascular disease

Friday, 15 June 2012
Researchers at the Sahlgrenska University Hospital in Göteborg have managed to implant a blood vessel made from a patient’s own stem cells in a ten year old, sick girl. After this success, it looks like a new method to avoid the pains of bypass surgery has been discovered.
 

• Sleep Medication, Edluar, gets swedish backed European approval

 

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Bonus is great to spur improved productivity but it should not be for all workers- only for chief executives

Thursday, 14 June 2012
Swedish companies continue to roll out bonus program which on the first look at things it is great for it would spur economic vitality and productivity. But there is a problem the bonus programs are increasingly aimed only at managers and top executives.
 

The over priced Swedish housing market start seeing red again?

Thursday, 14 June 2012
The recovery in the Swedish housing market was behaving as if there was going to be a steady rebound but that seem to have been wishful thinking as worry in the sector seem to be returning.

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Rumour that Nokia could be leaving Finland countered by CEO Elop

Thursday, 14 June 2012
There has been persistent rumour that Nokia could be wiped out of Finland. But the company’s CEO, Stephen Elop says that most important product development work and headquarters will remain in the country.

• Nokia to announce spectacular job cuts in Finland as the company continues to bleed. 3700 in Finland, and 10 000 globally to go

    

• Here are areas of dream jobs regions for Nordic business

   

•  Improved physical activities at child hood reduced the risk for anxiety – Swedish study show

     

• Irritation about the euro is beginning to question if the only Scandinavian country using the currency, Finland  will soon leave

 

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Swedish state coffers constricted by recession now state finances stand at minus Skr100 billion

Wednesday, 13 June 2012
As the Swedish economy continues to feel the Debt Office is talking of making a borrowing requirement for Skr47 billion for the period 2012 – 2013. Tax intake has been predicted to fall while the economic growth drops.

• Sweden – twitter attracts the expected mount of attention – was it the intended interpretation of attention

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World Health organisation shoot Swedish truck maker in the arm – Diesel Causes Cancer

Wednesday, 13 June 2012
Swedish heavy truck and heavy duty vehicles makers such as Volvo and Scania will start having sleepless nights after World Health organisation (WHO) said that exhaust from diesel can cause cancer.

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Swedish People’s Party want to impose stricter immigration requirements to meet it integration target

Tuesday, 12 June 2012
Swedish People’s Party’s three ministers, Erik Ullenhag, Nyamko Sabuni and Jan Bjorklund
The issue of immigration and the plights of the immigrants in Sweden has become a talking point in Sweden recently, even with the Prime Minister recently attributing the high unemployment in the country to immigrants who are unemployable. This has increased the debate about the life of the immigrant in Sweden and the reality of their “Swedish dream”.
 

 

  

• Slow in new job growth in Sweden as weariness continued to dog employers

• Slight increase in Swedish people support for the euro

• Swedish inflation continues to fall

    

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China rejects Norwegian diplomat entre visa

Tuesday, 12 June 2012
October 2002, there was good relation as hen Prime Minister Kjell Magne Bondevik met with China’s then president and party leader Jiang Zemin.(Img Aftonposten)
Former Norwegian Prime, Minister Kjell Magne Bondevik, has been denied a visa to China. Bondevik leads Oslo Center for Peace and Human Rights, the World Council of Church’s Commission for International Affairs.

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Nobel Prize cash award reduced by 20 percent to meet future budget shortfall

Monday, 11 June 2012
The Nobel Foundation is lowering the cash prize money for the Nobel Prizes awards by twenty percent, an adjustment to meet pressures caused by budget shortfall.

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Danish exports reached a new record in April despite stormy European economy

Monday, 11 June 2012
Denmark’s export to foreign countries was up in April in spite of the problems in the EU area.

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How clean is Sweden of corruption? How institutions find it hard to detect corruption in Sweden though it exist

Monday, 11 June 2012
Not only nepotism, corruptions also exist in Sweden but if Sweden looks like a squeaky clean country, it is because much of the corruption is not reported. The non – reporting is also due to that it may be hard to detect the corruption or that those who are suppose to know just leave it slides by, while the public and journalists talk about it – it remains a contradicting issue.
 

• More needy people in Sweden turn to the church for help as most public support bodies shy away

   

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 Oops – British leader Cameron forgot his daughter in a pub
Monday, 11 June 2012
This is a no joke story – it can be stressful to be the father of young children and then Prime Minister of Great Britain at once.

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The sale of Saab automobile seems fully confirmed but what type of car is the new company, NEVS plans to produce? 

Friday, 08 June 2012

 More and more evidence suggests that the ultimate purchaser of the bankrupt Saab Automobile is an electric car consortium Nevs, National Electric Sweden AB.

• The sale of Saab’s automobile could have been completed – National Electric Vehicle Sweden said to be the buyer   

• Hiring cost of medical practitioners in Swedish hospital rise to Skr 339 million

  

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Sweden needs to import garbage to meet the need to generate energy from it as incineration facilities expand.

Thursday, 07 June 2012 
Billion of kronor are being invested in Sweden to build new incineration facilities, and interests in expanding existing facilities are great. But Sweden’s garbage is not enough for fuel, according to reports. 

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Swedish scientists close to designing a perfect Vaccine for Alzheimer’s

Wednesday, 06 June 2012
Imag. SVT
Swedish scientists are one step closer to designing a breakthrough that could provide cure for severe dementia, Alzheimer’s disease. It is shown in a results of a Swedish study published in the medical journal The Lancet Neuology today.
 

More political tension in Norway as Man arrested for death threats against PM Stoltenberg

Wednesday, 06 June 2012
Norway’s premier, Stoltenberg (pictured) is under enormous pressure as more threats to his life is being registered.

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Growth in the market of luxury products as global income inequality gap widens

Tuesday, 05 June 2012
A new economic phenomenon we’ll have to accept to live with – which is also probably the brain child of capitalism is to accept that those who have more and those who have little or nothing is a way the human race supposed to be.

• Million Investments in Swedish Tourist sector to make it a cash cow for real

• Swedish central bank governor supports EU common banking supervision policy

• Swedish giant banks are stable and can withstand any shocks and stresses thrown at them now – Riksbank

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As Swedish people are getting fatter at a record rate, so the increase in the purchase of more saturated fat

Tuesday, 05 June 2012
Contrary to nutritional recommendations that there should be as low as possible the consumption of saturated fats, fewer Swedish people buy more real saturated fatty products.

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Swedish residents jailed for 12 years in Denmark for terror offenses

Monday, 04 June 2012
Four men who lived in Sweden and who carried out a planned attacks on The Danish Newspaper, Jyllands-Posten were found guilty of terrorism offenses in Denmark and were sentenced to 12 years in prison.

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 The Swedish far rights party, Sweden Democrats is gaining ground blamed on the premier, Reinfeldt
Monday, 04 June 2012
Swedish far right party has remained strong in the Swedish political landscape to almost a whole parliament. Today it as been boosted on a new opinion poll thanks ti the utterances of the Prime Minister  Fredrik Reinfeldt ( Pictured Jimmie Åkesson – Leader of Sweden Democrats (far right)

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Swedish people continue to save at record levels but earning low due to banks’ hawkish rate policy. A price way may be on the way.

Monday, 04 June 2012
Swedish people are not spending. They tend to carry out an almost synchronised model of increased saving meaning that domestic consumption is expected to be lower. How this affects production remains to be seen.
 

Fall in Sweden’s Service Production Index  

Monday, 04 June 2012
Swedish service production decreased by 0.5 percent in volume and working day adjusted figures in April 2012, compared to April 2011.

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Clinton visits Stockholm and stresses the value of one voice on Syria

Sunday, 03 June 2012
US secretary of state was in Sweden for a visit and she was talking much Syria. Speaking in Stockholm on Sunday, she said that “we are concerned that the situation in Syria could develop into a full-scale civil war that could drag the rest of the region.”

Margot Wallstrom is coming back to Sweden’s political scene with a very unpopular reminder “Sweden ought to have joined the euro”.

Sunday, 03 June 2012
EU Commissioner Margot Wallström, is ready to accept new assignments within the Social Democrats.

• Swedish opposition parties continues to lead opinion poll in May as the Red-Green coalition maintain majority

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Danish Municipalities invest in corrupt countries but minister hit hard at them

• Low taxes not attracting Danish workers to work more

• Places where people borrow most in the Nordic countries

• Dramatic growth in identity theft in Sweden

   

• Many people in Sweden are having trouble paying their rents

Snow fall in Sweden in June – global warming, global cooling, climate change we don’t know!

Friday, 01 June 2012

Swedish PMI fell in May – Slowing manufacturing activity as orders fail

Which are best places (counties) in Sweden to make a live in

Thursday, 31 May 2012

Swedish exports expands while imports fell as the economy continues to strategically grow 

• Sweden’s economy is surprisingly growing strong

Expensive mortgages should be expected in the nearest future – SEB CEO Annika Falkengren

Thursday, 31 May 2012

High demand for breasts implantation and plastic surgery among Danish women

Rapid growth in Iceland’s property sector makes analysts fear for another crash looming

Wednesday, 30 May 2012

Julian Assange could be delivered to Sweden

Swedish premier, Reinfeldt visits troubled region Malmo patrol

Wednesday, 30 May 2012

• Ikea to lay off 55 employees

Sweden falls back in child poverty and now stand worse compared to other Nordic countries

• Syrian ambassador expelled from the major countries excluding Sweden 
  

• More evidence of youth neglect in Sweden as work place injuries increased last year

   
• Swedish unemployment reported at 7.8 percent

   

• Swedish household borrowing continues to  rise – but at a slower pace

• Swedish Conservative Moderate politicians work as consultant to fierce dictatorship

• Terror suspects arrested in Denmark

• Sweden almost missed China’s billion investments 

• Loreen’s victory in Eurovision song contest is a good thing for Sweden but worrying for Swedish television

• Strong criticism of Nordea’s new savings product – shift risks to customers and other hidden charges

• Swedish mortgage rates highest in Nordic countries

• Mona Sahlin lost the chance to land a top job as ILO director general.