November 21, 2009

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Business & Money headlines

Six airports to be sold in turbulent times

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 »

State-run company chiefs enjoy wage hike

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 »

Surprise dip in Sweden's unemployment rate

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 to close Kista development centre

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) »

Payback unlikely for Swedes swindled by bogus brokers

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) »

Five percent of Swedes on sickness benefits

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 labour market continues to wobble

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 to double production in 2010

Saab Automobile plans to more than double production at its flagship Swedish factory at the start of the new year. READ (11 COMMENTS) »

Saab slapped with debt claim over worker pay

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 »

Norwegian named as new Vattenfall CEO

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) »

More Business & Money

• 13/11 Vattenfall: New CEO named within weeks (2 comments) »
• 13/11 Pressure mounts on Vattenfall CEO »
• 12/11 TeliaSonera in new bid to end Turkcell dispute »
• 12/11 Rate concerns shake up Swedish housing market »
• 11/11 Geely to sell one million Volvos a year: report (42 comments) »
• 11/11 Vattenfall to sell Swedish power grid: report (9 comments) »
• 10/11 SEB settles with wealthy widow over bad advice (3 comments) »
• 10/11 Borg voices concern over EU bank talks (3 comments) »
• 09/11 Borg 'more optimistic' about Swedish economy (2 comments) »
• 09/11 Sweden completes pharmacy sell-off (9 comments) »

15 November 14:36

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 »

• 11/11 18:57 Climate business – A little more conversation, and a little less action…If there is one film I plan to skip this year it is 2012. It is far too specific - why 2012? and which month? in fact if the world is set to meet its maker in the form of a massive wall of water then I want to know which day, and will I have time for breakfast? READ »
• 21/10 21:00 Welcome Ms.Starbucks, but don’t take off your coatI remember once telling an American friend that Sweden does not have any Starbucks - he curtly challenged me, asking "what is wrong with Starbucks?". I didn't tell him - I can honestly say I did not know, and still do not - I have never bought anything resembling a coffee in one. READ »

	SPONSORSHIP SALES EXECUTIVE Stockholm	marcus evans (Scandinavia) ltd.
	SEB is looking for a Financial Analyst to the Special Credits Management team Stockholm	SEB
	Financial Services Industry Consultant Kista	Teradata
	PhD student in Neuroinformatics, including Computational Neuroscience Sverige	KTH - Kungliga Tekniska Högskolan
	Senior Lecturer in Analytic Philosophy Stockholm	KTH - Kungliga Tekniska Högskolan
	Interest rate trader Göteborg	Michael Page International
	Brand Manager Stockholm	Oriflame Cosmetics
	Danish Speaking Customer Support Stockholm	Mercuri Urval
	Nordic Online Manager Stockholm	LOVEFiLM AB
	TradeDoubler is looking for a Creative Executive-Nordic Stockholm	Tradedoubler AB

ALL JOBS »

• 20/11 Deutsche Bahn to seal huge rail deal with Qatar »
• 20/11 New climate change goals to cost Germany €310 billion »
• 20/11 VW board approves Porsche takeover »
• 19/11 Axel Springer buys stake in Turkish media group »
• 19/11 Berlin guns for top ECB job amid EU wrangling »
• 18/11 Utilities hiking power prices »
• 18/11 Fraud scam sparks growing recall of German credit cards »
• 17/11 SAP boss predicts ‘wave of growth’ »
• 17/11 Lufthansa aims to mimic budget carriers »
• 16/11 Lufthansa credit cards hit by fraud fears »

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