Poland has signed an agreement to buy three A26 submarines, the so-called Blekinge class, from Saab. The first is to be delivered in 2031. This is a gigantic deal. It is probably worth a total of about 50 billion Swedish kronor, says Ulf Kristersson to TT.
BusinessEricsson is issuing layoff notices to 1,600 employees in Sweden. This will directly affect the core business and research and development, says Per Norlander, group union negotiator for the Swedish Engineers. There may also be no extra dividend for shareholders.
BusinessSaab's multi-billion dollar deal with Colombia puts further pressure on the defense group's capacity. It also opens doors to a larger export market. It is a deal with a high geopolitical profile and risk, in my opinion, says Handelsbanken's Daniel Djurberg.
BusinessTelia's massive cost-cutting package, where 3,000 employees will be laid off, can be positive for profitability, but also entail risks for revenue, according to analyst Joni Grönqvist. I don't think many would have believed that Telia dares to make such drastic decisions, he says.
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