November 20, 2009
Published: 11 Mar 08 09:00 CET
Online: http://www.thelocal.se/10400/20080311/
Dictionary tool Double click on a word to get a translation
The Swedish branch of US manufacturing giant Procter & Gamble has sacked one of its workers following the publication in a newspaper of excerpts from his private blog.
Swedish Airports and Air Navigation Services (LFV) is to sell off six of its airports to municipalities or other local parties in connection with a reorganisation of the company in 2010. READ »
Earnings of the bosses of Sweden’s ten biggest state-run companies rose an average of 36 percent between 2004 and 2008, while employees had to settle with a 15 percent increase during the same period. READ »
Unemployment in Sweden shrunk unexpectedly in October, dropping to 8.1 percent of the workforce, according to new statistics. Nevertheless, one in four Swedes under age 25 remain out of work. READ »
Sony Ericsson said on Wednesday it will lay off 130 employees as part of a plan to close its development centre in Kista near Stockholm. The announcement came as the company previewed a new touch screen mobile phone. READ (1 COMMENT) »
More than one hundred Swedes who were defrauded of tens of millions of kronor by a group of phony stockbrokers working out of Hungary will likely never see their money again, police say. READ (2 COMMENTS) »
Nearly one in ten Swedes in their forties is currently receiving some type of benefit due to illness or disability, according to a new report. In all, some 530,000 people are receiving sickness benefits. READ (7 COMMENTS) »
Sweden’s manufacturing sector shed more than 80,000 jobs in the third quarter compared with the same period in 2008, marking the sector’s sharpest year-on-year employment drop since 1993. READ (1 COMMENT) »
Saab Automobile plans to more than double production at its flagship Swedish factory at the start of the new year. READ (11 COMMENTS) »
Saab Automobile has been hit with a payment demand from the administrative board of Västra Götaland county, which lent the troubled automaker hundreds of millions of kronor to ensure employees' salaries during restructuring. READ »
Sweden’s Vattenfall has picked a successor to take over from current CEO Lars G. Josefsson, who has been under fire following a string of controversies at the state-owned energy giant. READ (1 COMMENT) »
Housing – a marriage of business, utopia and bitter reality »
"A charming anachronism in an otherwise pragmatic society? Perhaps, if it didn't concern something as basic as a roof over your head." READ »
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