Ericsson has terminated premises in
Photo: Mikaela Landeström/TT

Ericsson has terminated premises in Kista

The telecom giant Ericsson has terminated parts of its premises in the Stockholm suburb of Kista, where the company has its headquarters.

It appears in a press release from the real estate company Corem.

In total, Ericsson has terminated leases equivalent to 33,000 square meters. The agreement expires at the end of the year.

The company, however, retains 56,000 square meters in Kista, according to the press release.

There has been speculation in recent months that Ericsson would completely leave Kista. In an interview with TT in October, the company's CEO Börje Ekholm said:

We are always reviewing where it is right to have our operations. It is in Sweden and abroad as well. Where should we be located and where should we be to attract the right talents for the future.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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