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Axfood
Hybrid meat takes its place on store shelves
Mixing minced meat with vegetables has become a hit. The new hybrid minced meat is cheaper, healthier, and more environmentally friendly.
The Food Chain Gets a New CEO
Recently, it became clear that the food company Axfood got the thumbs up from the Competition Authority to buy the competitor City Gross. In connection with Axfood becoming the new owner, City Gross gets a new board of directors where Patrick Grabenbauer becomes the new CEO, the food chain announces in a press release.
Small savers abandon Tesla and Ericsson
Small savers brought home the winnings in the price rockets Ericsson and Tesla. This is shown by new monthly statistics from Nordnet and Avanza.
Gaming companies surged on report-heavy stock exchange
The Stockholm Stock Exchange fluctuated up and down on the season's most report-filled trading day. Upwards pulled the gaming company Evolution, while the major banks weighed down.
New Axfood CEO Named Businesswoman of the Year
Axfood's new CEO Simone Margulies is appointed Årets Ruter Dam. The prize goes to the woman who during the year has taken the most influential executive position.
Meal Boxes Being Discontinued and Merged
The food suppliers are having a tough time economically. Now, Axfood is announcing that it is discontinuing Middagsfrid and merging the cash registers in an agreement with Linas Matkasse, according to a press release.
New Billion-Loss - More Owner Capital to Mathem
It was again a billion-loss for Mathem, shows the annual report for 2023, writes Dagligvarunytt, which has been noted by Dagens industri. But now the owner group behind the food delivery company announces that the new financing round has brought in at least 800 million kronor, writes DI Digital.
Axfood CEO presents report with a setback
The food concern Axfood falls hard on the Stockholm Stock Exchange after an interim report for the second quarter, down 8 percent. The unexpectedly weak result is primarily due to disruptions in logistics, according to outgoing CEO Klas Balkow.
Competition Shrinks – Axfood Buys Citygross
Food conglomerate Axfood, with Willys and Hemköp among the chains, is buying competitor Citygross. Fewer players are a risk for worse competition, according to the Competition Authority, which has analysed the food market over the past year in the wake of soaring prices.
Axfood winner on struggling Stockholm stock exchange
The Stockholm stock exchange fell on Tuesday. The broad OMXS-index decreased by 0.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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