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Police investigate work environment violations at SSAB in Luleå after workers fell ill
Sweden News

Police investigate work environment violations at SSAB in Luleå after workers fell ill

Police have opened a preliminary investigation into violations of workplace safety after several workers at SSAB in Luleå fell ill. However, no technical examination has been carried out because it is considered too dangerous
SSAB stops work in Luleå after new cases of illness
Sweden News

SSAB stops work in Luleå after new cases of illness

Three people have sought medical attention after working at SSAB's premises in Luleå. NSD reports that the company has now stopped all work on construction of the new steel mill
Elevated levels of toxic gases found in machines at SSAB in Luleå
Sweden News

Elevated levels of toxic gases found in machines at SSAB in Luleå

Test results show that elevated levels of toxic gas have been found in machines where people work at SSAB's premises in Luleå, P4 Norrbotten reports.
Several more employees seek medical attention as work in SSAB area stopped
Sweden News

Several more employees seek medical attention as work in SSAB area stopped

P4 Norrbotten reports that a number of employees at SSAB's site in Luleå have sought medical attention after working on earthworks at the new steel mills.
Long queue of new electricity consumers in Sweden could raise electricity prices
Business News

Long queue of new electricity consumers in Sweden could raise electricity prices

The queue to connect to the electricity grid is long and congested. It points to electricity consumption more than doubling in 15–20 years
Stockholm Stock Exchange closes down despite gains for Nibe and Embracer
Business News

Stockholm Stock Exchange closes down despite gains for Nibe and Embracer

The Stockholm Stock Exchange closed in the red for the second day in a row, despite strong gains for Nibe and Embracer after they reported results and positive sentiment on leading European exchanges and Wall Street. The OMXS index fell 1 percent
The world's green steel industry is changing as projects are delayed, paused or scrapped
Sweden News

The world's green steel industry is changing as projects are delayed, paused or scrapped

Only two new green steel and iron projects were announced last year. At the same time, many more were delayed, paused or scrapped, according to the Green Steel Tracker
Record number of people on the stock market - 80-year-olds are getting in
Business NewsTop News

Record number of people on the stock market - 80-year-olds are getting in

Millennials are the largest group on the stock market, and Generation Z is leaving the market. At the same time, more 80-year-olds are starting to save in stocks, Euroclear's Shareholder Report shows
Profit increase for SSAB as it sees better demand
Business News

Profit increase for SSAB as it sees better demand

Steel group SSAB reports a profit before tax of SEK 661 million for the fourth quarter of last year. This compares with a profit of SEK 580 million in the corresponding quarter a year earlier
New billion-dollar dividends expected from stock market giants
Business NewsTop News

New billion-dollar dividends expected from stock market giants

Expect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor
Industry invests in new nuclear power
Business News

Industry invests in new nuclear power

Vattenfall's new company for new nuclear power at Ringhals is now taking the next step. The industrial partnership Industrikraft, with companies such as ABB and SSAB, signs a partnership agreement
Companies at climate summit questioned
Business News

Companies at climate summit questioned

Around 25 Swedish companies are accompanying the Swedish delegation to Belém, Brazil, where the world's countries are to agree on how to reduce emissions. At the same time, the non-profit Transparency International warns that the increasing focus on the private sector has made the climate meetings more like industry fairs
Sweden's Largest Hydropower Plant to Install Fossil-Free Steel Gate
Business News

Sweden's Largest Hydropower Plant to Install Fossil-Free Steel Gate

Sweden's largest hydroelectric power plant will replace the dam gate – to the first in fossil-free steel.
Klarna's Stock Market Debut Attracts Swedish Small Investors
Business NewsTop News

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna was listed on the New York stock exchange on Wednesday. According to the online banks Avanza and Nordnet, there was a great interest among Swedish small investors for the share on the first trading day
Stockholm Stock Exchange Glitch Causes Trade Cancellations
Business NewsTop News

Stockholm Stock Exchange Glitch Causes Trade Cancellations

Technical problems at the Stockholm Stock Exchange led to extreme price movements being displayed in the final trading on Tuesday. The mess leads, among other things, to all stock trades during the last half hour being withdrawn, reports Dagens industri
Chinese Steel Impacting SSAB Prices in Europe
Business News

Chinese Steel Impacting SSAB Prices in Europe

The tariffs give SSAB more money for the plate in the USA but at the same time lower the prices on the European market. While the steel company warns of continued challenges and necessary measures in Europe, the stock plunges 8 percent on the Stockholm stock exchange
Stockholm Stock Exchange Rises After US-Japan Tariff Agreement
Business News

Stockholm Stock Exchange Rises After US-Japan Tariff Agreement

Risk appetite in the market increases since the US and Japan have made an agreement on tariffs and the Trump administration is now shifting focus to getting a EU deal done. The krona rises and the Stockholm stock exchange followed other stock exchanges in the world when the broad OMXS index closed at a plus of 1
Swedes in Their 20s Consider AI for Investment Advice, Survey Finds
Business News

Swedes in Their 20s Consider AI for Investment Advice, Survey Finds

One of three Swedes in their twenties can imagine making investment decisions based on answers from AI, shows a survey from the Financial Supervisory Authority. But how good is the advice? We asked Chat GPT how we best invest 50,000 kronor
SSAB Secures €430M Financing for Luleå Electric Steel Mill Project
Business News

SSAB Secures €430M Financing for Luleå Electric Steel Mill Project

SSAB Delays Luleå Steel Plant Opening by One Year
Business News

SSAB Delays Luleå Steel Plant Opening by One Year

Stockholm Stock Exchange Ends Week with Loss Amid Global Tariff Concerns
Business News

Stockholm Stock Exchange Ends Week with Loss Amid Global Tariff Concerns

The Stockholm Stock Exchange began the new week with falling prices. The trend is similar in the rest of the world after new American tariff games
Few Clear Losers in Swedish Companies' Report Season So Far
Business News

Few Clear Losers in Swedish Companies' Report Season So Far

Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases
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
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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