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Sweden Donates New Archer Artillery Barrels to Ukraine

Sweden will donate, among other things, new barrels for the Archer artillery system to Ukraine. Those already in use in the war are being worn out.

Sweden Donates New Archer Artillery Barrels to Ukraine

City Strike Cancelled After New Wage Agreement Reached

The announced city strike at a number of large companies has been cancelled. The unions Fastighets and Seko and the employer organization Almega accepted on Sunday a mediator's proposal for a new collective agreement.

City Strike Cancelled After New Wage Agreement Reached

Stockholm Exchange Falls Despite Low US Inflation

A slightly lower underlying inflation than expected in the USA in May was received positively on Wall Street. But the Stockholm stock exchange fell.

Stockholm Exchange Falls Despite Low US Inflation

Scania Seeks Consortium to Acquire Northvolt R&D Facility

Truck manufacturer Scania wants to form a consortium to buy out the bankrupt Northvolt's research and development facility. In an interview with Financial Times, CEO Christian Levin states that Scania is in talks with other investors, including the Swedish government and the EU Commission, to buy out the part that went by the name of Northvolt Labs.

Scania Seeks Consortium to Acquire Northvolt R&D Facility

Property and Seko Warn of Strike Over Cleaner Overtime Dispute

Property and Seko terminate the collective agreement for cleaners in the private sector with Almega and warn of strike, the trade unions announce in a press release. .

Property and Seko Warn of Strike Over Cleaner Overtime Dispute

Plan for Tunnel Under Södertälje Canal Gains Support from Major Employers

A tunnel under Södertälje canal is needed, believe both the municipality and two of the country's largest employers: Scania and Astra Zeneca. .

Plan for Tunnel Under Södertälje Canal Gains Support from Major Employers

Northvolt Production in Skellefteå to Halt by June 30

The production at Northvolt's battery factory in Skellefteå is being scaled down to be stopped completely on June 30, announces the trustee. Vehicle manufacturer Scania says it was no longer possible to be the sole customer holding Northvolt under its arms.

Northvolt Production in Skellefteå to Halt by June 30

Northvolt Faces $40 Million Legal Fees in US Bankruptcy Process

Northvolt's attempt to save the company in a so-called Chapter 11 process in the USA became a costly story. .

Northvolt Faces $40 Million Legal Fees in US Bankruptcy Process

Scania CEO: We Shouldn't Own Northvolt Factory

The truck manufacturer Scania does not see itself as the actor that should rescue the bankrupt Northvolt factory in Skellefteå or the development operations in Västerås from closure. Our role is primarily to be a customer, says Scania's CEO Christian Levin.

Scania CEO: We Shouldn't Own Northvolt Factory

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Scania owner Traton – Volkswagen's truck subsidiary – is lowering its forecast for North America due to the Trump administration's tariffs. At the subsidiary International's factory in Mexico, a shift has just been cancelled.

Traton Lowers North America Truck Sales Forecast Amid Tariff Impact

Scania acquires Northvolt operation

The truck manufacturer Scania is acquiring Northvolt Systems' industrial division, writes Scania in a press release. The business – which includes production, research, and development – comprises 260 employees in Stockholm and Gdansk, Poland.

Scania acquires Northvolt operation

Scania Sales Drop 16 Percent in First Quarter

The truck giant Scania's sales fell by 16 percent during the first quarter compared to the same period last year. This is evident from the German owner Traton's preliminary quarterly statistics, which the company has released.

Scania Sales Drop 16 Percent in First Quarter

Scania Secures Major 2,000-Bus Deal with Lagos, Nigeria

Scania is to sell 2,000 biogas-powered buses to Lagos in Nigeria. The major order was finalized in connection with the Swedish trade office opening in Nigeria on Tuesday.

Scania Secures Major 2,000-Bus Deal with Lagos, Nigeria

Northvolt Trustee: Hopes to Save Operations

The trustee Mikael Kubu has taken over the responsibility for Northvolt, since the district court has declared the battery manufacturer bankrupt. We are investigating the conditions for being able to maintain production, he says.

Northvolt Trustee: Hopes to Save Operations

Stock Market Plunge after Trump's Tariff Announcement

The Stockholm stock exchange's downturn was reinforced after President Donald Trump's statement about doubled steel tariffs against Canada. At closing, the OMXS index is down 2.

Stock Market Plunge after Trump's Tariff Announcement

CEO: Geopolitical crisis can be a boost for Scania

The Scania CEO Christian Levin is worried about the geopolitical crisis in the wake of the Trump administration's takeover. But signals that Europe – with Germany at the forefront – is facing massive investments in defense and infrastructure could put money in the coffers for both Scania and the German parent company Traton.

CEO: Geopolitical crisis can be a boost for Scania

The Stockholm Stock Exchange closed in the red

The Stockholm stock exchange's initial trading on the week's first trading day offered a weak upturn – but then turned and at closing the OMXS index was down 1. 0 percent.

The Stockholm Stock Exchange closed in the red

Record bonus for Scania employees

The truck manufacturer Scania is hitting with a record bonus to the employees. The message to approximately 20,000 coworkers comes in connection with the financial report for 2024.

Record bonus for Scania employees

The Armed Forces Buy Billion-Worth of Trucks

The Defence Materiel Administration (FMV) is ordering 775 trucks, with options for an additional 575 vehicles, from Scania and Volvo. .

The Armed Forces Buy Billion-Worth of Trucks

Northvolt sold Polish factory for 63 million

The Polish assets were valued at around 2. 4 billion kronor at the turn of the year.

Northvolt sold Polish factory for 63 million

Northvolt Owner: "Moving Quickly in the Right Direction"

Northvolt has got significantly better momentum in production at the Skellefteå factory. This is stated by one of the owners, the CEO of the First AP Fund, Kristin Magnusson Bernard.

Northvolt Owner: "Moving Quickly in the Right Direction"

Northvolt sells factory to Scania

Northvolt sells parts of its operations to Scania. .

Northvolt sells factory to Scania

Temu and Shein at the Bottom – Worst Reputation in the Nordics

E-commerce platforms Temu and Shein are the companies that have the lowest confidence among consumers in the Nordic region, shows a new study. .

Temu and Shein at the Bottom – Worst Reputation in the Nordics

Volvo soared and SEB plummeted

The truck giant Volvo rushed to the top, the major bank SEB plummeted to the bottom. These were the reactions on the Stockholm Stock Exchange following Wednesday morning's closing.

Volvo soared and SEB plummeted