February 10, 2010
Published: 18 Mar 09 14:31 CET
Online: http://www.thelocal.se/18292/20090318/
Dictionary tool Double click on a word to get a translation
Potential space tourists eager to blast off from northern Sweden will soon be able to purchase tickets at the country’s Ice Hotel for launches set to start in 2012.
Swedbank has reported a bigger than expected operating loss of 1.6 billion kronor ($226.7 million) for the final quarter of 2009, yet the bank's CEO Michael Wolf sees opportunities for profits in 2010. READ (10 COMMENTS) »
Troubled Scandinavian airline SAS has announced a new share issue to raise 5 billion kronor ($674 million), as well as a programme of cuts and savings designed to save a further 2 billion kronor. READ (27 COMMENTS) »
The EU's competition watchdog has approved the Swedish government's intention to guarantee a European Investment Bank (EIB) loan to automaker Saab. READ (5 COMMENTS) »
The number of Swedish firms filing for bankruptcy declined by 14 percent in January in comparison with the corresponding month in 2009. 484 companies went to the wall during the month, new statistics show. READ (1 COMMENT) »
Swedish truck maker Volvo says it sees signs of recovery in the global economy as it reports a net loss of 14.7 billion kronor ($1.96 billion) in 2009. READ (4 COMMENTS) »
Swedish Saab dealers have said they are willing to stump up millions of kronor to help Dutch sportscar maker Spyker secure its purchase of Saab Automobile. READ (16 COMMENTS) »
Dagens Nyheter, a Swedish daily newspaper, has announced that it is slashing more than 100 jobs after a year of continued losses. READ (4 COMMENTS) »
Metro International, the Swedish publisher of free newspapers, reported a strong last quarter in 2009 but recorded a loss for the full year. READ »
Despite a fall in net profit for the fourth quarter, a brighter forecast put the wind in the sails of Swedish truck manufacturer Scania on the Stockholm exchange on Wednesday. READ »
Swedish appliances firm Electrolux reported solid 2009 profits on Wednesday. But a weak forecast pushed the company's stock into a nosedive. READ »
Stockholm garbage collectors – an overpaid relic of a bygone age? »
"There is a school of economic thought that opposes the CBA because it creates an insider-outsider workforce, raising wages for those with an over-protected job and levels of unemployment for those without. It is just one side of the argument and there are strong ones available to counter it, but a clearer example of the validity of this thesis is surely hard to find." READ »
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