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Defence giant Saab sees surprise fall in profits
Saab chief executive Håkan Buskhe at a press conference on Friday. Photo: Sören Andersson/TT

Defence giant Saab sees surprise fall in profits

Swedish defence giant Saab announced a surprise drop in first-quarter operating profits on Friday, while the company took a 3.8 percent tumble on the Stockholm stock market. READ  

Need more space? Check out Sweden's priciest flat
An artist's impression of the sitting room of Sweden's most expensive apartment. Image: Sivkraft

Need more space? Check out Sweden's priciest flat

Is money burning a hole in your pocket? Sweden's most expensive apartment in history could help you offload some cash. READ  

The Local List
Five questions before buying a Sweden home
Here's what you need to know before buying a home in Sweden. Photo: Fredrik Sandberg/SCANPIX

Five questions before buying a Sweden home

The Swedish financial watchdog scrapped plans for new mortgage rules on Thursday, meaning you can still buy a home in Sweden and never pay off the full loan. Here's The Local's guide to the five main things you need to know before taking your first step on to the property ladder in the Nordic country. READ  

Sweden scraps plan for new mortgage rules
New mortgage repayment rules for Sweden have been scrapped. Photo: Jessica Gow/TT

Sweden scraps plan for new mortgage rules

Sweden's financial watchdog announced on Thursday that it was abandoning its controversial bid for a price hike on new mortgages – just three months before the proposed plan would have come into effect. READ  

Surprise weak start to year for Ericsson
Ericsson's CEO Hans Vestberg pictured last month. Photo: TT

Surprise weak start to year for Ericsson

Swedish mobile giant Ericsson has reported unexpectedly weak results for the first quarter of the year and seen shares plummet as a result. READ  

Rocky start for Jay Z's Tidal streaming service
US rap mogul Jay Z and singer Beyonce. Photo: Mason Poole/Invision for Parkwood Entertainment/AP Images

Rocky start for Jay Z's Tidal streaming service

Despite its grand unveiling with the backing of some of music's top stars, US rapper Jay Z's streaming music service Tidal's rough start has so far not given its main Swedish rivals at Spotify cause to quiver in their boots. READ  

Sweden has lowest EU long term jobless areas
A Swedish employment office. Photo: TT

Sweden has lowest EU long term jobless areas

Seven of the top ten regions in Europe for low long term unemployment in 2014 were in Sweden, new EU figures have revealed. READ  

Sweden company boards show boost in women
A Swedish business meeting. Photo: Henrik Trygg/Image Bank Sweden

Sweden company boards show boost in women

Almost 30 percent of board members on Swedish companies are expected to be women this year, a rise of around five percent. The increase comes ahead of a possible law change in 2016, as the coalition government seeks to ensure the figure rises to 40 percent. READ  

Sweden builds future as EU construction falls
Sweden's Prime Minister (centre) and Green Party co-leader Åsa Romsen. Photo:TT

Sweden builds future as EU construction falls

The building industry in Sweden is experiencing a boom as the country's housing crisis continues, bucking the trend for a dip in construction across the EU. READ  

First 'city warehouse' in Scandinavia for Ikea
What the new store will look like. Photo: Ikea

First 'city warehouse' in Scandinavia for Ikea

Swedish furniture giant has announced plans to open its first 'city warehouse' in Scandinavia, with a massive new store set to be built in the centre of Copenhagen, as plans for a similar project in Stockholm remain in doubt. READ  

Boom in Sweden’s digital sharing economy
A music studio in Sweden. Photo: TT

Boom in Sweden’s digital sharing economy

Following the success of apartment and car sharing websites such as Airbnb, Lägenhetsbyte and Uber, a music studio swapping business is the latest company to enter the market in tech savvy Sweden. READ  

One in five flats sold before public viewings
One in five apartments in Sweden are sold without public viewings. Photo: Aline Lessner/imagebank.sweden.se

One in five flats sold before public viewings

Sweden's booming housing market has led to a trend in city apartments being sold to hand-picked customers rather than following open house public viewings, which are the norm in the Nordic nation. READ  

Spotify nears big new funding deal
Photo: AFP

Spotify nears big new funding deal

The music streaming service Spotify is closing in on a deal to raise $400 million (3.5 billion kronor) in capital, The Wall Street Journal reported. The funding could be in preparation for an IPO. READ  

Brazil prosecutors probe Sweden's fighter jet deal
Brazilian prosecutors are investigating a Saab deal. Photo: Magnus Hjalmarson Neideman/SvD/TT

Brazil prosecutors probe Sweden's fighter jet deal

A 39.3 billion kronor ($5.5 billion) deal signed by Swedish defence company Saab to build and sell 36 Jas Gripen fighter jets to Brazil is being investigated by Brazilian prosecutors. READ  

Swedish energy giant seeks German plant sale
A brown oil Vattenfall site in east Germany. Photo: TT

Swedish energy giant seeks German plant sale

Vattenfall has announced it wants to sell German brown coal plants and mines. The Swedish state owned firm has described the sites as a "burden" for the company, which has recently experienced huge losses. READ  

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24 April

Editor’s blog, April 24th (The Local Sweden) »

"Hi readers, Spring has well and truly arrived, as evidenced by the start of strawberry season. The..." READ »

 

15 April

Gång, timme, tid & dags (The Swedish Teacher) »

"Hej! In this article I will talk about “gång”, “timmar”, “dags” and “tid”, because they all translate..." READ »

 
 
 
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