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Saab to Begin Testing Unmanned Combat Aircraft Next Year
Sweden News

Saab to Begin Testing Unmanned Combat Aircraft Next Year

The defence group Saab is developing an unmanned combat aircraft that will be able to strike targets deep within enemy territory, CEO Micael Johansson reveals to Svenska Dagbladet.
Saab to Equip Visby Corvettes with Sea Ceptor Air Defense System
Business News

Saab to Equip Visby Corvettes with Sea Ceptor Air Defense System

Stockholm Stock Exchange Drops 0.3 Percent Ahead of Friday Reopening
Business News

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
Wallenberg's FAM Explores New Ammunition Factory in Sweden
Business News

Wallenberg's FAM Explores New Ammunition Factory in Sweden

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden
Business NewsTop News

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
Stockholm Stock Exchange Drops Sharply Amid Global Market Concerns
Business News

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 Falls 0.5 Percent Amid Broad Decline
Business News

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 Rises 0.4 Percent at Tuesday Close
Business News

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 Closes Slightly Up After Late Rally
Business News

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

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

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
European Defense Stocks Drop Amid Ukraine-Russia Talks
Business News

European Defense Stocks Drop Amid Ukraine-Russia Talks

Saab Expands Gothenburg Operations with New Mölnlycke Facility
Business News

Saab Expands Gothenburg Operations with New Mölnlycke Facility

Stockholm Stock Exchange Closes Slightly Higher
Business News

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
Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden
Business News

Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden

Swedish Defense Boosted by Innovation and Collaboration Efforts
Sweden News

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
Saab Reports Record-Breaking Quarter Amid Strong Defense Demand
Business News

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
ABB and Assa Abloy Drive Stockholm Stock Exchange Rally
Business News

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
Sweden Boosts Defense Innovation with Creative Solutions and Collaboration
Sweden News

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
Russia Cautions Germany on Sending Taurus Robots to Ukraine
World News

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
Swedish Industry Leaders Eye Co-Ownership in New Nuclear Venture
Business News

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

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
Ericsson Leads Stockholm Stock Exchange with 7.9% Surge
Business News

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
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
Business News

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
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