Tag: Investment
A Finnish tissue manufacturer announces a major investment in Great Britain
Metsä Group’s new factory in Yorkshire will eventually employ around 400 jobs, the Finnish forestry giant said.
493: The autumn budget’s winners and losers
Four parties. A budget. Now the government’s autumn budget has been presented and we nail the fuse with the aim of revealing which party drew the longest straw in the budget negotiations. At the same time, it is a budget that is set in a difficult economic time. How is it reflected in the government’s…
Right now: The government is holding a press conference on investments for the judiciary
Prime Minister Ulf Kristersson and Minister of Justice Gunnar Strömmer are holding a press conference where they will present new initiatives for the judiciary. The investments are linked to the deteriorating security situation “They will continue until they are locked up or thrown out,” says Prime Minister Ulf Kristersson (M) about gang crime in Sweden.
The Hanken School of Economics rose to 46th place in the global master’s program ranking
Principal Ingmar Björkman expressed his pride and stated: “We are very proud and happy that our position in the ranking list increased by so many points from last year, when we were ranked 62. This is proof that we are on the right track and that Hanken’s master’s program is of a high standard even…
Moving to an apartment in Helsinki is linked to changes in family situation and income level
Migration within Helsinki between residential areas is considerable. Every year, there are more people moving between Helsinki’s neighborhoods and neighborhoods than across the city’s borders. A recent study by the City Council examines the key factors affecting internal migration in Helsinki in the years 2010–2020, with a focus on Helsinki residents of working age. According…
S-Pankki buys Handelsbanken’s private customer operations in Finland
The deal also includes the purchase of Handelsbanken’s asset management and investment services operations, according to S-Pank.
US-based Plug Power is planning a billion-euro hydrogen plant investment in Finland
If the plans proceed, three hydrogen production plants would be built in Kokkola, Kristiinankaupunki and Porvoo, which would create approximately 1,000 direct and more than 3,000 indirect jobs.
Denmark’s 2.3 billion euro investment in Finnish wind power
Denmark’s Copenhagen Infrastructure Partners and Finnish wind and solar energy developer Myrsky Energia have signed a cooperation agreement for the construction of 1,800 megawatts of wind power.
The black job behind the luxury cabins in the mountains
Martin Erikssonwho is a reporter and presenter at P4 Dalarna, talks about how the investment boom after the pandemic has created a landscape where some construction workers work under dubious forms and it is difficult to get at the problem. Guest: Martin Eriksson, reporter and presenter at P4 Dalarna Host: Robin Olin Producer: Kim Hessius…
Get a sneak peek at Denmark’s future electric trains
Major infrastructure challengesBut until then there is much to do, and much depends on the railway network being fully electrified when the trains are put into service. It will require huge investments in infrastructure, including rebuilding bridges and burying tracks to make way for catenary lines. (photo: DSB/Jan Lundstrøm) When ready, the IC5 will be…
Finnish SMEs will receive a boost of half a billion euros from buyout and growth investors
The success of Finnish SMEs is partly due to the know-how of buyout and growth investors, who are primarily focused on supporting domestic companies looking for growth partners. More than 90% of the investments made in 2022 were aimed at domestic companies, and the investments were spread throughout the country. The companies of Central Finland…
Fortum’s management will give up incentives next spring
Solidium is an investment company wholly owned by the state. The terms stipulate that the fixed salaries of senior management may not be increased in 2022 and that management may not be paid short- or long-term incentives accrued in 2022-2023. However, the board interpreted the terms in such a way that the long-term incentives for…
Generational change at Lego as new chair moves up
Four generations of the family are at the helm of LegoThomas Kirk Kristiansen thus becomes the fourth generation of his family to lead the company since its establishment by his great-grandfather Ole Kirk Kristiansen in 1932. “The active family ownership of the Lego brand and Kirkbi’s activities has been absolutely essential to our family over…
The hunt for 100,000 new northerners
Norra Norrland is the country of the future, say the politicians. Jubilant municipal councilors hope for growing towns, more families with children and new employers in the wake of industrial investments. Municipalities spend many millions on getting people to move to their municipality. Hear Ekot’s reporter in Umeå, Magdalena Martinssontell us about the future, the…
Hear the Minister of Finance present the spring budget
Now Finance Minister Elisabeth Svantesson presents the spring budget 2023, which is characterized by inflation. The government is implementing new investments of SEK 4 billion compared to changes of just over SEK 30 billion last year. “It’s a very difficult situation,” says Elisabeth Svantesson. Hear Ekot’s live broadcast with analysis by Fredrik Furtenbach.
Bloomberg deepens Sweden’s housing crisis
The Nordic country’s real estate market is among the worst affected globally, says the outlet Swedish house prices continued to fall in March as stubborn inflation and rising borrowing costs prolong a crisis in the country’s housing market. House prices in the biggest Nordic economy fell 0.8% last month, data from state-owned mortgage institute SBAB…
More young adults are living with their parents due to the “perfect storm” of high inflation and rental costs in Denmark
The proportion of young people aged 20-24 who live with their parents has grown by 8 percentage points in just one year. Today, almost a third live with their parents. According to Denmark’s statisticsis the highest proportion since it began collecting data in 1986. Young people still move away from home, but at a later…
YIT and Sirius Capital Partners will establish a joint investment in Finnish housing investments
There are 754 rental apartments in the portfolio, most of which are located in the Helsinki metropolitan area. YIT’s share of the collective investment is 20%. Construction of the projects will take place in 2022-2024. “With the help of the collective investment model, YIT can receive additional income through its minority ownership in the structure.…
That is why many people choose cryptocurrency
Investing is something we see more and more of, and this is an exciting development. At the end of the year 2020, a record number of shares were held in Norway, and not least, a record was also set in relation to the number of female investors among them. Investing is something that can be…
Denmark is writing history with a massive offshore wind farm offer
Supplies 1 million homes Thor Offshore Wind Farm is the first of three offshore wind farms to be produced as part of the Energy Agreement from 2018. It will be the largest offshore wind farm in Denmark and is expected to produce energy from around 2026. Located at least 22 km off Denmark’s west coast,…
The EU will invest € 1 billion in sustainable energy by 2030: Von Der Leyen
“We are committed to mobilizing at least € 1 trillion for sustainable investment in Europe by 2030,” von der Leyen said at the 2021 EU Sustainable Investment Summit. The President of the European Commission said that the Green Deal policy, which aims to make Europe climate-neutral, and renewable energy sources are the solution to the…
This will reduce the risk of dying from your obesity
The science podcast also addresses the fungal network, which is the trees’ secret communication channel, the huge investment in the research station ESS in Lund and the WHO’s new guideline values for how clean the air we breathe should be. Participants: Ulrika Björkstén, science commentator and head of Vetenskapsradion, Björn Gunér, producer and reporter, Sara…
363: The budget that will save the government
In this extra episode of The Political Game, we dive into the autumn budget. Historically large investments – but also a scattered content to keep the government base together. The question is whether the budget is moderate enough to avoid a government crisis later this autumn. Participants: Fredrik Furtenbach and Mats Knutson Host: Parisa Höglund…
Right now: Magdalena Andersson presents the budget
This morning, Minister of Finance Magdalena Andersson will present the upcoming autumn budget. The budget includes three and a half billion to introduce a family week and another five billion extra for care. In total, the budget contains SEK 74 billion in new investments. The budget contains a total of expenditure of more than 1000…
Left: No broad agreement without more money for agriculture
– It is clear that if the government’s final feedback on the left is that there is the money on the table – that is, almost no money for the green transition – then it will cost somewhere between 10,000 and 15,000 jobs. – And we will not participate in that. Then the government will…
Major investments in improving our ability to detect the likelihood of premature death
Thanks to the latest legislative changes, the Danish regions have entered into an agreement to invest DKK 5 million a year in the country’s three forensic institutes for research into hereditary diseases and premature death. This budget will allow forensic pathologists to perform another 150 autopsies with the aim of detecting the presence of pathogens…
Choose the perfect vacuum cleaner for you
As we spend more time at home, as we have all done much more in the last year, it becomes more and more important to have it neat, clean and tidy around us. And here, of course, comes the vacuum cleaner. But many of us have bad vacuum cleaners and bad vacuum cleaners actually lead…
OP Bank: Finland’s economic growth over a pandemic
The Finnish economy has recovered from the coronavirus crisis faster than expected, OP-Pohjola Financial Group (OP) said. OP economists forecast that Finland’s GDP will grow by 3.6 per cent this year, instead of the previously forecast 3.3 per cent. "The faster-than-expected recovery of the Finnish economy is mainly due to the recovery in consumption," OP’s…
In place throughout the country
Swedish Radio will reflect the whole of Sweden. We do this by being on site and making radio from all over the country. Sveriges Radio is the media company with the largest local roots in the country. We broadcast radio in 26 local channels, our editorial offices are located in about 50 places all over…
In Winnie’s World: Find the Hole!
In my world, I always get even more motivated and excited to achieve bigger things if someone tells me it can not be done. Use your differences As an entrepreneur in a new country, it is easy to get distracted at first. You see opportunities everywhere and always have too many ideas. It is therefore…
Morgan Johansson (S): There will be negotiations on the proposal
“The proposal has good things, but also shortcomings and we must now produce supplementary proposals that strengthen the tenants’ position,” says Morgan Johansson (S) in a comment to the new investigation. “Our entrance is then a system based on good security for the tenant. There will be a negotiation and we are aiming for a…
Wild nature needs to have more space on military training grounds
The area of the Ministry of Defense has approximately 32,000 hectares of land. Here, the ministry will try to make room for more wild nature and afforestation in places where it does not interfere with military training. At the same time, agreements on agriculture on the areas of the Ministry of Defense must not be…
Find out more about cryptocurrency in Norway
The word cryptocurrency has been used more and more in recent years, and today most people are familiar with cryptocurrency. But what exactly is it, how does it work and why should one invest in it? We’ll find out a little more about her, so you can find out if it’s for you. This is…
European venture capital statistics: Finnish startups attract twice as much funding as most European colleagues
In statistics, the total amount of investment is presented in relation to the gross domestic product of each country. Comparing these figures, Finland is clearly above the rest of Europe. By comparison, Finland is 77% ahead of the United Kingdom in second place. Finnish startups received twice as much funding as Swedes (in fourth place),…
Analysts: China’s emissions are rising at a record pace
It was expected that carbon dioxide emissions would increase when China reopened, but the high levels surprise experts. Steel production has increased by 17 percent this year, compared to before the pandemic, and it is massive investments in new infrastructure and industrial projects that drive development, according to Lauri Myllivirta, chief analyst at the Center…
Harsh criticism of the government’s investment in public transport
The state invested SEK 20 billion in regional public transport, in exchange for the municipalities building more housing, but the data and follow-up were poor and few homes were built, according to a report from the Swedish National Audit Office The investigations have been carried out too quickly and without the necessary decision material, the…
Trollhättan slips behind in the vaccination – make a targeted effort
The City of Trollhättan is now making a targeted investment to obtain information about vaccination of covid-19 in socio-economically vulnerable areas. The investment takes the form of posts on social media, which are written in Somali / Arabic and further refer to information from authorities. “We make it a little easier to find the information,”…
Luleå University invests heavily in hydrogen research
Luleå University of Technology is investing 60 million in establishing a center for hydrogen research. Rikard Gebart is a professor of energy technology and will be responsible for the university’s new hydrogen center. According to him, it is the changes in the steel industry in Sweden that are behind the investment. Two new iron and…
Regions sound the alarm – want billions for the hospitals
The Danish hospitals need a solid saline injection. This is the message from the Danish Regions before the annual financial negotiations with the state begin on Monday. According to Vice President Ulla Astman (S), there is no way around it – significant investments are needed for next year. – We need new medical equipment and…
‘Lego Movie World’ opens on May 21st
On May 21, Legoland Billund opens a new add-on called ‘Lego Movie World’. With a price of over 100 million kroner, it is Legoland’s largest investment. The 5,000-square-foot expansion includes three new rides. The opening was set for last year, but due to corona it was postponed. “We have been waiting for a very, very…
Can you invest in plastic?
There are many who wonder if you can invest in the plastics and plastics industry, and the short answer is yes. There are many ways to invest in the plastics and plastics industry, and you can read more about her. It does not have to be as difficult to invest as you might think. It’s…
Green deduction for charging posts and solar cells is becoming increasingly popular
Nearly SEK 100 million has so far been paid out by the state since the turn of the year to the private individuals who have made green investments. There are 30% more in April compared to March who bought charging posts and who invested in solar cells and used this green technology deduction. “The tax…
Regions are demanding 2.1 billion extra to run health care
The corona pandemic has also put pressure on the health service, says Stephanie Lose (V), chairman of the Danish Regions, in the announcement. – At the same time, it is no secret that even before the crisis, the race was really strong. – So if there is also to be a healthcare system after covid-19…
Professor sees need for more money for local railway tracks and trains
– I can not concretely assess how much money is needed. But I share the assessment is that there is a backlog and need for investment, says Otto Anker Nielsen. There are 13 local trains across the country that carry passengers by train especially in outlying areas. Trains and rails are operated by local companies,…
The EU wants to negotiate with India but not for patents
Following talks with Indian Prime Minister Narendra Modi at the Porto summit, the EU now hopes to be able to start negotiations on trade and investment with the world’s second most populous country. But in the background is also the issue of Corona vaccine where India wants to lift the patents to be able to…
The EU is investing heavily in drugs against covid-19
The EU is now launching a major investment in the development of drugs against covid-19, especially for the treatment of long-term patients. Today, there is only one approved drug for covid-19. The goal is to get five more drugs approved before the turn of the year. “Vaccines are not enough. We now need to develop…
Denmark for screening foreign investments
Already widely used Kollerup continued to emphasize that the government would work to ensure that the screening process did not compromise Denmark’s attractive investment climate. Screening foreign investment is already a focus in the EU and beyond with similar initiatives established in countries such as Germany, France, the United States, Canada, Norway, Finland and China.…
V wants to invest billions in municipal adult education
In his May 1 speech, the Left Party’s leader Nooshi Dadgostar demands financial compensation for those who need to read out their high school grades, because during the pandemic they had worse conditions to get good grades due to distance education. The Left Party wants those students to study at Komvux with the same student…
Värmland Police effective against sex crimes
The police in Värmland are the fastest in the country in investigating rapes – it is stated in a recent report from the Crime Prevention Council. Värmland Police is also in the top three in terms of the proportion of investigations that go on to prosecutors. Pär Olsson, acting head of crime in close relationships…
Dramatic budget debate completed: “Everyone should have as many children as they want”
After nine dramatic days of negotiations in Finland, the government today presented its future budget, among other things, major investments are planned to increase employment, the climate and to help Finns have more children. “Everyone should have as many children as they want, that is something politicians can influence, what the future for families should…
KD wants to give healthcare employees an extra month’s leave
Measures against unemployment and investments in health care are in focus in the Christian Democrats’ shadow budget, which has been presented today. The party proposes, among other things, that healthcare staff should have an extra month of recovery, in addition to the holiday. “We risk mass sick leave in Swedish healthcare otherwise,” says party leader…
Investment in Uppsala’s outlying areas before Valborg
Uppsala Youth Shelter will be on site in the outskirts of Uppsala during both Thursday and at Valborg. Although last April is set for the second year in a row, they have seen indications that young people will party. “We have to be where it happens, before it happens”, says Hilde Wiberg at the youth…
Right now
Boliden has decided to invest SEK 1.2 billion in the Kristineberg mine in Lycksele municipality. It is about an expansion and modernization of the mine that will take place in several stages, says Stefan Romedahl, director of the mines business area. The investment presupposes that Boliden receives an environmental permit for increased production.
Bílaleiga Akureyrar intends to buy 800 new cars this year
Steingrímur Birgisson, manager of Bílaleiga Akureyrar car rental, expresses his hope that the tourism situation will be satisfactory by the end of summer. “During the Easter period and shortly after, reservations began to appear. Tourism starts slowly and calmly from the place and in line with our expectations. I estimate that there will be around…
Criticism of the government: The money is not enough
The Stockholm Chamber of Commerce now warns that investments in new roads and railways may need to be stopped or postponed and the reason is that the government does not want to invest enough money in infrastructure, according to Carl Bergkvist, business policy expert at the organization. “We have seen around 80 investments, everything from…
Hop on Swedish-Norwegian train investment after ministerial talks
Sweden and Norway will together look at the possibility of creating a better railway connection between Stockholm and Oslo Minister of Infrastructure Tomas Eneroth (S) writes on social media that he has talked to Norway’s Minister of Infrastructure about it. It is welcomed by the company Oslo-Stockholm 2.55, which is owned by regions and municipalities…
After Swedish pressure – forest and hydropower are classified as green energy sources
Following pressure from Sweden, forests, bioenergy and hydropower are classified as green energy sources by the European Commission, which today presented criteria for sustainable investments. Sweden and other Nordic countries have pushed for the forest, bioenergy and hydropower to be classified as sustainable, which they now also do. However, the Commission points out that this…
Sweden is invited to the climate summit
Sweden has been invited to President Joe Biden’s climate summit to be held at the end of the week. Minister of the Environment Per Bolund will participate in a roundtable discussion organized by the US climate envoy John Kerry on Friday, and then talk about the Swedish industrial investments in fossil-free steel, electric car batteries…
More stock tips in media worry: “Almost to attract games”
The stock market is hotter than in a long time also in traditional news media where stock tips and top lists get many clicks. At the same time, Finansinspektionen sees that small savers are taking increasing risks and Peter Hallström, senior financial inspector, is worried that the media is driving development. “We have a responsibility,…
The United States is investing in new submarines
The acquisition of new submarines will be a priority for the US Navy, and will be done to enable the United States to meet the growing military threat from China. The United States still has a technological lead over China, but it has shrunk. The withdrawal from Afghanistan and an investment in new advanced submarines…
Joy after announcement of high-speed train: “Welcome”
The government wants to increase investments in the railway and roads by 20 percent and this will enable the high-speed railway to be built and thus high-speed trains are one step closer to reality in Sweden. “We really welcome the construction of the new main lines with high-speed trains. Trains are a climate-smart way of…
Young people are positive about the investment in youth jobs
In the spring budget that the government presented today, it is proposed, among other things, 1.8 billion to create new job opportunities for those who have the most difficulty, especially young people. Among other things, the money will go to more training places and 15,000 municipal summer jobs. “Experience is very important and then it…
Important message to the public in Malå in Malå municipality, Västerbotten county
There have been major investments in the police and prosecutors in Sweden in recent and coming years. But the courts have not received reinforcement of resources to the same extent and find it difficult to keep up with all new cases. “Processing times will increase so it takes longer for a case to pass the…
The Swedish icebreaker fleet is approaching retirement and must be replaced
The Swedish icebreakers are getting too old and today the Swedish Maritime Administration presented a cost basis for new, state-of-the-art icebreakers to the government. It is an important infrastructure investment ahead of the sharply increasing industrial activity in northern Sweden, says Fredrik Backman, shipping director at the Swedish Maritime Administration. This winter, the icebreakers have…
Postnord’s investment: 2,500 parcel boxes on streets and squares
Postnord will, within the next little over a year, set up 2,500 parcel boxes in the country, where parcels can be sent and picked up by customers. Before the summer, 180 pieces will be placed in Greater Gothenburg, which Mölndals-Posten previously reported on. “The customer wants to be able to choose where to pick up…
The investment: 250 million extra for the judiciary
The judiciary will receive a supplement of SEK 250 million this year. The government and the co-operation parties have now agreed on this. “We must become more effective in fighting crime and its causes, and more people must be able to be arrested, convicted and locked up,” said Liberal Party leader Nyamko Sabuni. The Public…
The Kurdish activist Dr. Nemam Ghafouri dies of COVID-19 in Sweden
Iranian state television acknowledges that ships are being attacked in the Red Sea Iraq lands Saudi Arabia and Emirati investment agreements worth more than $ 6 billion Iraq is recording the highest daily COVID-19 infection rate since a pandemic broke out Prominent ISIS member captured in al-Hol camp in Syria
The United States wants a global minimum tax for companies
US Treasury Secretary Janet Yellen wants to set a global minimum for corporate tax, something that Germany and France welcome. According to tax researcher Åsa Hansson, the United States does not want other countries to reduce their corporate taxes, at the same time as they themselves plan to raise them to finance investments in infrastructure.…
The care debt at the University Hospital is increasing again
A few weeks ago, the University Hospital could almost perform operations at full capacity, but now it has turned down again, says chief physician Gunnar Enlund. “We were in the process of planning for extra investments to catch up. But now we have canceled these investments.” It is primarily orthopedics that is affected, says Enlund.
Biden: “The largest investment in jobs since World War II”
In the United States, President Joe Biden wants to invest the equivalent of SEK 17,500 billion in infrastructure over the next eight years. During the evening, the initiative was presented, which is intended to provide millions of jobs and speed up the American economy. But it is not obvious that the initiative will be approved…
Veganmat provides 100 new jobs in Källby
Dafgårds is investing SEK 300 million in producing plant-based sausages, minced meat and sandwich food. An investment that involves 100 new jobs at the facility in Källby. “We go hand in hand with our large customers,” says Deputy CEO Magnus Dafgård.
Policy insufficient for climate change
The government is investing too little in achieving the climate goals in the recovery policy during the pandemic, according to the Climate Policy Council’s annual report. Minister of the Environment and Climate Per Bolund: “We are in the middle of crisis management, but with sustainable investments we must at the same time reduce the climate…
Chinese battery company to Eskilstuna – creates 500 new jobs
The Chinese international battery company Senior Technololgy Material is establishing itself in Svista in Eskilstuna. It is an investment of SEK 2.5 billion and the company expects 500-600 jobs by 2025. The company will produce components for lithium batteries and will be a subcontractor to the company Northvolt.
New production facility for fossil-free steel production
Gälllivare municipality gets the world’s first plant for hydrogen-based production of carbon dioxide-free iron sponge, which means that the steel group SSAB can within a few years be the first in the world to produce fossil-free steel. The plant, which will be built near LKAB’s iron ore mine in Malmberget, will create a few hundred…
Neste chooses Rotterdam instead of Porvoo for a EUR 1 billion refinery
Most state-owned oil company Neste has announced plans to build a new renewable fuel plant in Rotterdam, saying it would be cheaper to build in the Dutch port city than in Porvoo. "Based on in-depth studies and calculations, the total cost of the investment is significantly lower in Rotterdam. Our decision is based on ensuring…
Agriculture needs to grow more food for people
There must be a climate plan for agriculture so that it can help reduce CO2 emissions in Denmark. According to the Radicals, the plan must include massive investments in agriculture for a long time…
Done with financing of new railway through the Baltics
The future of the large railway investment Rail Baltica now seems to be secured, the EU and the Baltic countries have agreed on how the project will be financed. If everything goes as planned, in 2027 it will be possible to take the train from Tallinn and arrive in Warsaw in seven hours, with trains…
Million investment in research on elderly care
The government is investing an additional 120 million in research in elderly care. The money will be distributed over four years to increase knowledge about how care for the elderly is organized. The Covid-19 pandemic has clarified vulnerabilities and we must strengthen care for the elderly, says Matilda Ernkrans, Minister of Higher Education and Research.
The Crypto Fund CoinShares share jumps 33% during the first day on Nasdaq’s Swedish stock exchange
CoinShares , a European investment company for digital assets, jumped 33% during its first trading day on the Nasdaq First North Growth Market in Sweden. According to the stock exchange’s website, the shares are (below ticker CS ) started the day trading around SEK 81.9 (SEK) and ended at SEK 109.12, which meant a market…
Food investment for the needy during the corona pandemic
Millions of South Africans affected by shutdowns are now receiving food aid through several aid organizations. The organizations collect and clean food directly from the distributors, food that would otherwise have been thrown away. Then they are sent out to restaurants and soup kitchens to those in need Since the start last year, the organization…
More and more people are speculating about emission rights
The price of EU greenhouse gas emission rights has risen rapidly to a record level this year. Increased interest from hedge funds and investment banks is believed to have contributed. But the main explanation is that the EU’s stricter emission targets can lead to a reduction in the amount of emission rights available on the…
The military coup has hit the economy hard
The military coup in Myanmar has damaged the country’s economy and virtually all foreign investment has been stopped and the local market has stalled. Sanctions against the junta from the US and the EU will only have limited effects as most of the investments in the country come from countries in Asia. Tatmadaw, as the…
Criticism of the Swedish Transport Administration: All proposals are bad
The Swedish Transport Administration has investigated various alternatives on track sections for high-speed trains. According to the investigation, it will be far more expensive with stops inside the cities than what the government previously expected. Olle Vikmång, chairman of the Social Democratic municipal board in the municipality of Norrköping, thinks that all four proposals for…
Billions for investments in municipal swimming pools
In the coming years, the city of Reykjavík plans to invest between seven and eight billion ISK (up to USD 62 million / EUR 51 million) in the renovation of existing swimming pools, the construction of new ones and the improvement of infrastructure for those who enjoy swimming in the sea. These plans were presented…
Volvo CE invests millions in test track for self-driving machines
Volvo Construction Equipment in Eskilstuna is making a multi-million investment and building a test track for self-driving electric vehicles. The construction of the new test track in Eskilstuna is in full swing and there the vehicles will not only be tested but also shown to potential customers. The area is as now being prepared with…
New industrial investments in the north increase the need for occupancy
This week came the news that a completely new steelworks will be built in Boden. This means that the demand for personnel is increasing further in a part of the country where there are already several new industrial projects underway. “Most people are of the opinion that Norrbotten and Västerbotten are relocation areas when, in…
Plans to build a bridge to Viðey Island
The city of Reykjavík plans to build a pedestrian and bicycle bridge connecting Viðey Island with Gufunes in Reykjavík. This bridge is part of the city’s general spatial development plan for 2010–2030. At a meeting on Friday last week, Mayor Dagur B. Eggertsson presented an environmental plan for the city and future investments. He explained…
Fossil-free industry in the north a challenge for Sweden’s electricity system
The company H2 Green steel today presented plans for carbon dioxide-free electricity-consuming steel production in the municipality of Boden. LKAB, Hybrit and Northvolt have previously announced investments in fossil-free production, and Lina Håkansdotter, head of sustainability at the Confederation of Swedish Enterprise, says that this means major challenges for the electricity system when consumption increases…
The Swedish Transport Administration rejects the criticism: Unreasonable expectations
The Swedish Transport Administration is based on a sharp increase in road traffic in a proposal for future roads and railway investments. Among the critics are authorities that have collaborated with the Swedish Transport Administration, county administrative boards and municipalities, who want to see a plan for how dependence on more road traffic can be…
Downward for media investments in 2020
For the advertising market, last year was the worst since the financial crisis in 2009. According to the Institute for Advertising and Media Statistics, IRM, however, advertising purchases increased very sharply at the end of 2020. The increase can almost almost be explained by an upturn in digital media
Family leave becomes longer, more flexible in Finland
The reform would give every parent the right to a daily allowance of 160 family days, equivalent to about 12.8 months of leave per child. Mothers are currently entitled to a daily allowance of 105 days and fathers a daily allowance of 54 family days, but parents are also free to share 158 additional days…
Metsä Group is building a EUR 1.6 billion pulp mill in Kemi
Metsä Group, a company in the forest products industry, announced on Thursday that the Metsä Fiber division has decided to build a new bioproduct plant in Kemi worth EUR 1.6 billion. The construction phase will take about two and a half years, and the plant is scheduled for completion in the third quarter of 2023.…
Åström: “The economy is expected to reach new record levels during Biden’s presidency”
Today, Joe Biden is sworn in as the new president of the United States. The stock markets in the US went up yesterday, in hopes of rapid large stimuli of the corona-affected economy. Acting Minister of Finance Janet Yellen also said yesterday in a hearing in the Senate, that the advantages of large investments outweigh…
Strong criticism of the European Commission’s new sustainability rules
The European Commission’s criteria for sustainable investment, the so-called taxonomy, are criticized for delaying the rules. Ten countries are threatening to block the taxonomy because the Commission excludes natural gas as sustainable. In total, the Commission has received over 46,600 reactions to various parts of the criteria, also from Sweden.
Large wind farms can come into conflict with the reindeer herding industry
LKAB’s investment in large wind farms, which the company’s fossil-free extraction of iron ore requires, may come into conflict with the reindeer herding industry. Svante Axelsson, national coordinator for fossil-free Sweden, sees no major problems with placing them. “Reindeer husbandry is dependent on contiguous pastures and there are not that large areas left,” says Åsa…
Right now
The assistant nurse Carina Söderlind in Borlänge had to wait for nine months before she could have knee surgery and during that period she could not work. Even before the corona pandemic, the queues were long and since then they have become even longer, but large investments have been made during the autumn and, after…
Chairman: “Do not want to stand in the way”
That men’s Swedish clubs also have an elite activity on the women’s side should be a matter of course, Gothenburg FC’s chairman Peter Bronsman thinks. He believes that the club’s elite activities will be closed down to make room for the clubs that are now investing in their women’s activities in the Gothenburg area (IFK…
The EU and China may have agreed on investment agreements
The EU and China appear to have agreed on an investment agreement after almost seven years of negotiations. Tomorrow, the European Commission is expected to present the finalized agreement, which the European Parliament will then have to approve. “A next step if this investment agreement comes into place, it is a free trade agreement later,…
The world’s first electric fuel factory will be built in Örnsköldsvik
Liquid Wind at Chalmers will produce fuel for the shipbuilding industry, and after several years of development work, their first process plant is now on the drawing board. The plant will be built in Örnsköldsvik, where the company has started a collaboration with Övik Energi. The process plant is planned to be completed in early…