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Saab to Equip Visby Corvettes with Sea Ceptor Air Defense System

The defence group Saab and the Defence Materiel Administration (FMV) have contracted to equip the navy's five Visby corvettes with the Sea Ceptor air defence system from MBDA, writes Saab in a press release. The new system makes it possible to defend a significantly larger area and combat targets in the air than the system the corvettes have today.

Saab to Equip Visby Corvettes with Sea Ceptor Air Defense System

Stockholm Stock Exchange Drops 0.3 Percent Ahead of Friday Reopening

The Stockholm stock exchange closed at a loss after half a day of trading and will reopen on Friday morning. The development was similar on the larger European stock exchanges.

Stockholm Stock Exchange Drops 0.3 Percent Ahead of Friday Reopening

Wallenberg's FAM Explores New Ammunition Factory in Sweden

The Wallenberg family's unlisted power company FAM is planning for Swedish ammunition production and is conducting a feasibility study in a new limited company, called Verkan, which has been started for the purpose, reports Dagens Industri. "We are looking into the possibility of building ammunition production for the Swedish defence and Sweden's allies", writes FAM's CEO Håkan Buskhe, formerly CEO of the defence group Saab, in an SMS to the newspaper, and adds that the production, if it happens, will take place in Sweden.

Wallenberg's FAM Explores New Ammunition Factory in Sweden

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden

The American tech giant Nvidia is to open an AI center in Sweden. Large Swedish companies such as Astra Zeneca, Saab, SEB and Ericsson will participate in the operations.

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden

Stockholm Stock Exchange Drops Sharply Amid Global Market Concerns

The mines were sour on the Stockholm stock exchange on Thursday. At closing, the OMXS index by 2.

Stockholm Stock Exchange Drops Sharply Amid Global Market Concerns

Stockholm Stock Exchange Falls 0.5 Percent Amid Broad Decline

The Stockholm stock exchange was pushed down on Wednesday. At the close, the OMXS index fell by 0.

Stockholm Stock Exchange Falls 0.5 Percent Amid Broad Decline

Stockholm Stock Exchange Rises 0.4 Percent at Tuesday Close

The Stockholm stock exchange began Tuesday trading cautiously downward but then took a small turn upward and finally landed on green. At closing, the broad OMXS-index was up 0.

Stockholm Stock Exchange Rises 0.4 Percent at Tuesday Close

Stockholm Stock Exchange Closes Slightly Up After Late Rally

The Stockholm stock exchange fell during most of Monday's transactions – but rose towards the end and at closing, the broad OMXS index landed at plus 0. 1 percent.

Stockholm Stock Exchange Closes Slightly Up After Late Rally

Saab Shares Bought by State Secretary Before Gripen Jet Deal with Hungary

State Secretary Diana Janse (The Moderate Party) bought shares in Saab the day before Sweden signed a billion-dollar agreement on new Jas fighter jets with Hungary, reports Aftonbladet. .

Saab Shares Bought by State Secretary Before Gripen Jet Deal with Hungary

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent.

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

European Defense Stocks Drop Amid Ukraine-Russia Talks

European defence stocks are falling on Monday following the announcement over the weekend of an impending top meeting between Ukraine and Russia and a ceasefire between India and Pakistan. Ukraine's President Volodymyr Zelenskyj claims to be ready to meet Russia's President Vladimir Putin this week.

European Defense Stocks Drop Amid Ukraine-Russia Talks

Saab Expands Gothenburg Operations with New Mölnlycke Facility

The defence group Saab is expanding its operations in the Gothenburg region with an additional facility in Mölnlycke, according to a press release. The background to the expansion is an increased demand for radar and sensor systems.

Saab Expands Gothenburg Operations with New Mölnlycke Facility

Stockholm Stock Exchange Closes Slightly Higher

The Stockholm stock exchange rose slightly at the close following a relatively calm trade. The exchange fluctuated around the zero line during the day, and the broad OMXS index closed 0.

Stockholm Stock Exchange Closes Slightly Higher

Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden

The defense group Saab is receiving an order for light torpedoes and torpedo tubes from the Defense Materiel Administration (FMV). The order is worth approximately 1.

Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden

Swedish Defense Boosted by Innovation and Collaboration Efforts

A little tape, a little Swedishness and an experimentation office. The Swedish defence capability is to be strengthened and innovation needs to be improved.

Swedish Defense Boosted by Innovation and Collaboration Efforts

Saab Reports Record-Breaking Quarter Amid Strong Defense Demand

The defence conglomerate Saab delivers historically strong quarterly figures. The company simultaneously reiterates its previously set sales forecast.

Saab Reports Record-Breaking Quarter Amid Strong Defense Demand

ABB and Assa Abloy Drive Stockholm Stock Exchange Rally

After a shorter downturn in morning trading, the Stockholm Stock Exchange gained momentum on Friday. The broad OMXS index closed with a plus of 0.

ABB and Assa Abloy Drive Stockholm Stock Exchange Rally

Sweden Boosts Defense Innovation with Creative Solutions and Collaboration

A little tape, a little Swedishness and an experimental office. The Swedish defence capability needs to be strengthened and innovation needs to be improved.

Sweden Boosts Defense Innovation with Creative Solutions and Collaboration

Russia Cautions Germany on Sending Taurus Robots to Ukraine

Germany's incoming Federal Chancellor Friedrich Merz has opened up to sending the German-Swedish long-distance robot Taurus to Ukraine. An attack with such a weapon would draw Germany into the war, warns Moscow.

Russia Cautions Germany on Sending Taurus Robots to Ukraine

Swedish Industry Leaders Eye Co-Ownership in New Nuclear Venture

Vattenfall is starting a separate nuclear power company and is on its way to bringing in Volvo, ABB, SSAB and other industrial giants as co-owners. It facilitates that those who want the electricity are also owners, according to Desirée Comstedt, head of new nuclear power at Vattenfall.

Swedish Industry Leaders Eye Co-Ownership in New Nuclear Venture

Government Seeks Approval for Saab's Jet Sales to Denmark and Peru

Saab has two giant deals in progress. In the spring budget bill, the government is asking the parliament for authorization to approve the sale of reconnaissance and fighter jets to Denmark and Peru, reports Dagens Industri.

Government Seeks Approval for Saab's Jet Sales to Denmark and Peru

Ericsson Leads Stockholm Stock Exchange with 7.9% Surge

After a hesitant opening, the Stockholm Stock Exchange continued upwards and closed clearly on the plus side. The broad OMXS index rose by 2.

Ericsson Leads Stockholm Stock Exchange with 7.9% Surge

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

Young people go against the trend – buying stocks in the crash

During the stock market crash in the days following Donald Trump's tariff decision, young people went against the stream and bought shares, according to the online broker Avanza. It's like catching a falling knife, says 17-year-old Elias El Shobaki.

Young people go against the trend – buying stocks in the crash