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Kinnevik's fortune declined sharply in the first quarter as net asset value decreased by 22% to SEK 27.9 billion

Kinnevik's fortune declined sharply in the first quarter as net asset value decreased by 22% to SEK 27.9 billion

Thu 16 Apr 2026 08:25 CEST

Kinnevik, the Stenbeck family's investment company, saw its wealth shrink sharply in the first quarter.

Background: From H2 Green Steel to Stegra

Background: From H2 Green Steel to Stegra

Tue 14 Apr 2026 10:42 CEST

The goal is to produce fossil-free steel. But the road to getting there has been anything but straightforward

15 billion kronor to Stegra - Wallenberg becomes largest owner

Business News Top News

15 billion kronor to Stegra - Wallenberg becomes largest owner

Tue 14 Apr 2026 08:09 CEST

It took just over six months, but now it's done. Steel manufacturer Stegra has raised 15 billion kronor in a financing round

Wallenberg reshuffles at the top of the family's financial power structure

Wallenberg reshuffles at the top of the family's financial power structure

Fri 6 Feb 2026 14:00 CET

The Wallenberg sphere is reshuffling the top of the family's financial power structure. Wallenberg Investments (WIAB), the governing body for the family's foundations, is taking over the subsidiary FAM, the company said in a press release

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden

Business News Top News

Nvidia and Wallenberg Collaborate on AI Supercomputer in Sweden

Sat 24 May 2025 09:20 CEST

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