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Dagens_industri

The following articles have been tagged with "Dagens_industri":

New bidder in the Saab saga shows its hand

Business & Money: 3 Feb 12
Less than 24 hours after Chinese firm Youngman reportedly placed a bid for Saab, another interested party has apparently joined the race to snap up the bankrupt carmaker. READ »

Saab unions unhappy with bankruptcy receivers

Business & Money: 9 Jan 12
Cash-strapped carmaker Saab’s four unions are unhappy with the appointed bankruptcy receivers but said on Monday that having them changed "would not help the situation". READ »

‘Turkish Saab’ would stay in Trollhättan: report

Business & Money: 5 Jan 12
If Saab gets Turkish owners, the company will continue to build cars in Trollhättan, according to Turkish company Brightwell Holdings, which recently entered in the competition over the cash-strapped carmaker. READ »

Used Saabs hot property

Business & Money: 25 Dec 11
Although 2011 may have ended on a sour note for Saab employees, as the year draws to a close, the cars have suddenly become hot property again for bargain hunters and collectors. READ »

Turkish ambassador: Saab CEO called us

Business & Money: 20 Dec 11
Turkey's ambassador in Stockholm on Tuesday denied reports that her country was interested in purchasing Saab Automobile, claiming Saab CEO Victor Muller had sought a meeting in a last ditch effort to save the company from bankruptcy. READ »

Saab files for bankruptcy

Business & Money: 19 Dec 11
After months of teetering on the brink, Swedish carmaker Saab Automobile on Monday filed for bankruptcy protection, ending two years of efforts to save the iconic Swedish brand. READ »

Swedish krona the new 'safe haven': prediction

Business & Money: 18 Dec 11
A Danish investment bank's peek into the crystal ball revealed ten 'outrageous predictions', among them that the Norwegian and Swedish currencies will replace the Swiss franc as a safe haven in a debt-riddled Europe. READ »

Saab to file for bankruptcy: report

National: 12 Dec 11
Beleaguered Swedish automaker Saab is expected to file for bankruptcy on Monday, according to reports in the Swedish media. READ »

Fancy hotel set to rile posh neighbours

Business & Money: 2 Dec 11
Residents in one of Stockholm's wealthiest districts are up in arms over proposals for a bijou exclusive hotel, planned by one of the country’s most well known venture capitalists. READ »

Record warmth keeps Sweden's snow at bay

Science & Technology: 24 Nov 11
The unseasonably high temperatures across much of Sweden have left much of the country free of snow and has put autumn 2011 on track to be one of the warmest ever recorded in Sweden. READ »

HQ scandal splits Swedish business duo

Business & Money: 16 Nov 11
Sven Hagströmer and long-term business partner Mats Qviberg have announced that their holding firm Öresund is to be divided in the wake of a scandal involving the now defunct HQ bank. READ »

King slams Greece over referendum plans

Politics: 4 Nov 11
Sweden's King Carl XVI Gustaf has taken a swipe at embattled Greek prime minister George Papandreou for proposing a referendum on a bailout plan to help the debt-laden Greek economy. READ »

Mild autumn weather leaves Swedish retailers sweating

Business & Money: 2 Nov 11
While several parts of Sweden are enjoying the warmest autumn in 130 years, the country's retailers are sweating buckets over the dwindling sales of outerwear. READ »

Euro crisis a threat to Swedish banks: Borg

Politics: 12 Oct 11
Swedish finance minister Anders Borg warned on Wednesday that Swedish banks were "vulnerable" to the euro debt crisis, despite the country's strong public finances. READ »

Pang Da: Saab comment 'a misunderstanding'

Business & Money: 12 Oct 11
Chinese firm Pang Da and Sweden's Saab have issued a joint statement to clarify that the contract between the firms is valid, stating that prior comments to the contrary were due to a "misunderstanding". READ »

Juholt defiant in face of calls to step down

Politics: 11 Oct 11
Embattled Social Democrat leader Håkan Juholt remained defiant on Tuesday amid calls for him to step down, and conflicting reports over when he was made aware that he had spent years pocketing reimbursements he wasn't entitled to. READ »

Swedes cut food budgets as crisis unfolds

Business & Money: 15 Sep 11
Swedish consumers are choosing cheaper options in their weekly shop as the mounting eurozone debt crisis and fears of recession begin to bite. READ »

Top ten Swedish tech innovations

Science & Technology: 7 Sep 11
Sweden is renowned for its innovation and strong research tradition and The Local has compiled a list of ten technological breakthroughs of the last decade. READ »

Care home staff placed bets on patient's death

National: 27 Aug 11
Three workers at a nursing home in Växjö in south central Sweden have been sacked after they were discovered to have placed bets on when one of the patients would die. They then dressed the corpse up in sunglasses. READ »

Saab bonuses upheld despite crisis

Business & Money: 27 Aug 11
Despite the ongoing crisis surrounding Saab no action will be taken over payouts and bonuses paid to shareholders, following a government audit. READ »

Swedish football hooligans strike again

Sport: 31 Jul 11
A hotly contested Allsvenskan football match between Malmö FF and Stockholm's Djurgården was terminated after only 12 minutes of play Saturday afternoon after several fireworks were thrown onto the pitch. READ »

Replace Muller as Saab CEO: local politician

Business & Money: 27 Jul 11
Victor Muller should be replaced as CEO of Saab, a local Swedish politician has argued followed the latest twist in the ongoing cashflow crisis at the beleaguered Swedish car firm. READ »

Persbrandt leaves nature drugs firm after cocaine scandal

Business & Money: 27 Jul 11
In the wake of recent cocaine scandals, Swedish actor Mikael Persbrandt has left the board of a Swedish natural remedies and supplements company. READ »

Rival chain plans ONOFF store takeover

Business & Money: 20 Jul 11
Norweigian electronics concern Expert is planning to buy 30 of the 67 stores in Swedish electronics chain ONOFF, which filed for bankruptcy last week, as well as their central stock. READ »

ONOFF staff left reeling after bankruptcy: union

Business & Money: 12 Jul 11
Swedish home electronics chain ONOFF's bankruptcy came as a surprise to employees who were ‘shocked’ to hear the news of the chain’s demise on Monday. READ »

Competition stiff for Sweden's new pharmacies: report

Business & Money: 8 Jul 11
Sweden's privately-owned pharmacies are suffering from financial troubles. The largest player on Sweden's pharmacy market, Apotek Hjärtat, has reported a loss of 358 million kronor ($56.4 million) after taxes, according to Swedish media reports. READ »

Chinese should be taught in schools: minister

Education: 6 Jul 11
Learning Chinese at any elementary school in the country could become reality for children in Sweden within the next decade, if education minister and Liberal Party head Jan Björklund gets his way. READ »

'Have an affair' ad cleared by industry watchdog

Business & Money: 29 Jun 11
An ad campaign by a Swedish dating site urging people to cheat on their spouses and which shattered the record for consumer complaints, has been cleared by Sweden's advertising watchdog. READ »

Factory sale may hold key to Saab's future

Business & Money: 25 Jun 11
Talks will continue over the weekend between Saab automobile and real estate company Hemfosa in the latest bid to save the ailing car maker. READ »

Holding back wages 'last resort': experts

National: 23 Jun 11
The future of disaster-riddled carmaker Saab doesn’t look bright, according to several analysts, who say that holding back salaries is a company’s very last way out. READ »

Swedish bosses open to bribes: study

Business & Money: 26 May 11
Every fifth business leader in Sweden could consider paying a bribe to win advantages in business and to retain clients, a new survey shows. READ »

Suppliers lose patience with Saab

National: 14 May 11
The continuing troubles at Swedish car maker Saab took yet another new twist on Friday when several suppliers warned staff of possible redundancies. READ »

Agency to probe internet outage at Swedish bank

Business & Money: 11 May 11
After Swedish bank Skandiabanken suffered a massive outage of its internet banking services on Tuesday, Sweden's top financial watchdog has announced plans to investigate the matter. READ »

Saab secures partnership with Chinese firm

Business & Money: 3 May 11
Saab has entered into a "strategic partnership" with Chinese Hawtai Motor Group, who plan to invest billions of kronor into the Swedish firm, it was announced on Tuesday. READ »

'EIB behind Saab property deal delay'

Business & Money: 21 Apr 11
Beleaguered Swedish carmaker Saab Automobile remains in limbo pending confirmation of a deal to sell property holdings to raise cash, as the European Investment Bank is seeking further assurances, according to a report on Thursday. READ »

Svanberg defends BP over Gulf oil spill

Business & Money: 19 Apr 11
Carl-Henric Svanberg, the Swedish chairman of BP, defended the company's handling of last year's massive Gulf of Mexico oil spill on Tuesday, adding that his linguistic gaffe was "unfortunate". READ »

Prime Stockholm property changes hands

Stockholm: 9 Apr 11
The property at one of Stockholm’s most exclusive addresses has been sold after several months on the market. READ »

No resolution for Saab's cash crisis

Business & Money: 9 Apr 11
Despite rising hopes, Friday saw no resolution to the money problems that have dogged Saab this week. The government called a crisis meeting on Friday but talks ended without a resolution. READ »

Olofsson denies knowing of Vattenfall payouts

Business & Money: 8 Apr 11
Sweden's energy minister and Centre party leader Maud Olofsson has denied claims in the Swedish media that she knew of the golden parachutes to Vattenfall bosses. READ »

Saab production halted 'until further notice'

Business & Money: 6 Apr 11
Cash-strapped Swedish carmaker Saab announced on Wednesday that it was cutting all production at its Trollhättan plant until it has found a solution to persistent delivery problems. READ »

Saab seeks to allay financial health fears

Business & Money: 4 Apr 11
Swedish carmaker Saab and its Dutch owner Spyker took steps on Monday to reassure investors that the future is based on solid financial ground, while reports indicate that Spyker head Victor Muller doubled his salary in 2010. READ »

Norway seeks mandate to sell SAS stake

Business & Money: 1 Apr 11
A decision by the Norwegian government on Friday to seek permission to sell its stake in SAS has no impact on Sweden's stance on the possible sale of its shares in the in Scandinavian airline. READ »

Juholt's girlfriend convicted of fraud: report

Politics: 28 Mar 11
The girlfriend of newly crowned Social Democratic party leader Håkan Juholt was convicted of fraud and fired by her former employer, according to media reports. READ »

Saab backer Antonov to open Swedish bank

Business & Money: 24 Mar 11
Vladimir Antonov has revealed plans to set up a bank in Sweden, and the Russian financier says he is ready to make a major investment in Swedish automaker Saab. READ »

Swedish tents save lives at stricken nuclear plant

Business & Money: 21 Mar 11
Swedish-made protective suits and inflatable shelters are being used in the rescue operation at the Japanese nuclear plant Fukushima and surrounding areas to restrict contamination. READ »

Swedish 'have an affair' ad sets complaint record

Society: 18 Mar 11
An ad campaign by a Swedish dating site urging people to cheat on their spouses has shattered the record for consumer complaints, while the company's CEO defended the site as "an alternative to divorce". READ »

Swedes pay more for electricity than Nordic neighbours

Business & Money: 7 Mar 11
With electricity prices shockingly high, Swedes may not be surprised to learn that they pay considerably more for energy than homeowners in Finland and Norway. READ »

Minister takes aim at free school 'profits'

Education: 25 Feb 11
Sweden's education minister Jan Björklund has sharpened his tone against privately-run "free schools", conceding that there are several indications that profit takes precedence over quality. READ »

One million Swedes hit by winter bus chaos

National: 12 Feb 11
Up to 1 million passengers were affected when bus services in Stockholm county shut down completely on Friday due to slippery conditions caused by heavy snowfall and strong winds. READ »

'Travel to dictatorships helps destroy them': CEO

Business & Money: 11 Feb 11
Pär Kjellin, the CEO of a leading Swedish travel package operator, has argued that travel and tourism to countries with authoritarian regimes helps to undermine them. READ »

Swedish whisky maker eyes stock market listing

Business & Money: 31 Jan 11
Sweden's Mackmyra Svensk Whisky has announced its plans to list on the stock market later this year, adding that it is now looking for a CFO to help accomplish the task. READ »

Clinton praise as Sweden woos Davos

Business & Money: 28 Jan 11
Sweden's prime minister Fredrik Reinfeldt will on Friday address the ongoing World Economic Forum in Davos to explain Sweden's relative economic prosperity as ex-US president Bill Clinton joined the chorus of admirers. READ »

Ericsson sales improve on mobile broadband

Business & Money: 25 Jan 11
Swedish mobile network giant Ericsson announced increased sales and a sharply higher net profit thanks to mobile broadband sales, although its earnings slightly missed expectations. READ »

Taxman eyes Swedish online poker star

Society: 13 Jan 11
A Swedish high-stakes poker player has made his identity public after successfully playing under online moniker for over a year, and may now risk a hefty Swedish tax bill. READ »

Last Oriflame staffer released from Iran jail

National: 12 Jan 11
Swedish cosmetics firm Oriflame announced on Wednesday that the last of its employees held in an Iranian jail had been released. READ »

UK pharmacy Boots set to open in Sweden

Business & Money: 10 Jan 11
UK pharmacy chain Alliance Boots has confirmed its imminent plans to enter the Swedish pharmacy market in the first quarter of this year. READ »

Volvo mulls Chinese plant within two years

Business & Money: 27 Dec 10
Volvo Cars CEO Stefan Jacoby has confirmed that the firm wants to open a new assembly plant in China in two years. READ »

Stockholm house prices place 12th in global study

Business & Money: 20 Dec 10
Sweden's capital Stockholm is the 12th most expensive city in which to buy a home, according to a major international study. READ »

Swedish firm lets workers vote on bonuses

Business & Money: 17 Dec 10
A software firm in eastern Sweden has elected to take a democratic approach for distributing this year's 15 million kronor ($2.21 million) bonus among the company's employees. READ »

Swedish communications firm Com Hem up for sale

Business & Money: 10 Dec 10
Swedish television and internet company Com Hem is up for sale and expected to fetch 13 billion ($1.89 billion) to 18 billion kronor, according to media reports. READ »

Non-European execs scarce in Sweden: study

Business & Money: 3 Dec 10
People with non-European backgrounds remain largely absent from the upper echelons of Sweden’s publicly traded companies, according to a new report. READ »

Laggard Swedish grads costly to economy: report

Education: 3 Dec 10
Swedish students who take their time to graduate from post-secondary study are extremely costly to the economy, a new government study has shown. READ »

Stolen Swedish painting up for auction in London

Society: 26 Nov 10
A painting by Swedish artist Anders Zorn was set to go under the hammer at a London auction until police informed the auction house the work had been stolen. READ »

Google sets sights on Sweden

Business & Money: 19 Nov 10
US search engine giant Google has invested significantly in Sweden in the past decade and forecasts that more acquisitions could be in the pipeline. READ »

Madeleine speaks out over break up 'heartache'

Society: 19 Nov 10
Sweden's Princess Madeleine, third in line to the throne and the youngest child of King Carl XVI Gustaf and Queen Silvia, on Friday described the emotional turmoil she endured after breaking off her engagement earlier this year. READ »

Swedish MPs enjoy election income boost

Business & Money: 2 Nov 10
More than 80 percent of new Swedish members of parliament have earned an increase in their annual income following their election to the Riksdag after the September general election. READ »

Swedes show little faith in pensions agency

National: 1 Nov 10
After 10 years of retirement savings under the Premium Pension Authority, only one percent of Swedes are very satisfied with their savings, a survey has found, while investment returns this year have lagged. READ »

Sweden has 'no time frame' for state sell offs

National: 19 Oct 10
Sweden's new financial markets minister Peter Norman was on Monday unwilling to promise that share holdings in Nordea, SBAB and Telia, would be sold off during the mandate period READ »

Swedish apartment construction takes off

Business & Money: 13 Oct 10
Construction of new apartments in Sweden is approaching levels not seen since the height of the mid-2000s boom, with industry groups forecasting a need for thousands of new workers as a result. READ »

Swedbank denies merger talk rumours

Business & Money: 8 Oct 10
Two of Sweden’s largest banks are flirting with Swedbank about a possible merger, according to media reports. Swedbank denies any talks are underway, however. READ »

Saab in talks with Volvo on production: report

Business & Money: 7 Oct 10
Saab Automobile and Volvo Cars are in talks for production collaboration, Reuters reported on Thursday, citing a spokesman from Saab owner Spyker Cars. READ »

Unions propose task force on job security law

Business & Money: 6 Oct 10
Sweden's main trade union organisation has proposed establishing a joint team to try to reach an agreement with employers over the law on job security. READ »

Central Gothenburg 'castle' put up for sale

Business & Money: 30 Sep 10
A late-19th century castle with more than 3,000 square metres of living space located just a stone’s throw from central Gothenburg, is now on the market. READ »

Apple's iPad set to land in Sweden in November

Business & Money: 28 Sep 10
Apple plans to launch its iPad tablet computer in Sweden in November, according to media reports, but the company's choice of mobile operator remains unclear. READ »

Sweden's Saab sold arms to Saudi Arabia: report

Business & Money: 17 Sep 10
Swedish defence firm Saab Bofors Dynamics sold anti-tank missiles to Saudi Arabia, according to Swedish media reports, despite previous denials by trade minister Eva Björling that weapons has been sold to the Saudis. READ »

HQ appeals revoked banking license

Business & Money: 31 Aug 10
HQ has appealed the decision to suspend the banking license for HQ Bank, which has forced it into liquidation and kept the bank closed on Tuesday. READ »

HQ Bank announces involuntary liquidation

Business & Money: 30 Aug 10
Swedish investment bank HQ has failed to find a solution to enable it to continue trading and the process of involuntary liquidation has been set in motion, the bank has confirmed in a statement. READ »

Value of Svanberg's BP shares plummets

Business & Money: 26 Aug 10
The value of Swedish BP Chairman Carl-Henric Svanberg's share holdings in the company have plummeted to around 40 million kronor ($5.37 million) from the 62 million kronor he had originally paid for them. READ »

Record high support for Reinfeldt as PM: poll

Politics: 23 Aug 10
A poll published Monday, less than a month before the Swedish general election, showed that nearly two-thirds of Swedes support Prime Minister Fredrik Reinfeldt to lead the next government. READ »

Borg calls for renewed privatization drive

Politics: 8 Aug 10
Minister for Finance Anders Borg has indicated that the government intends to raise 100 billion kronor ($14 billion) by selling off the state’s shareholdings in a number of companies if voted back into power in September. READ »

Saab turns profit after 2009 crisis

Business & Money: 27 Jul 10
Crisis-hit carmaker Saab Automobile turned a profit of 3.9 billion kronor ($531 million) in 2009, but only thanks to deals with its creditors and a deal to sell equipment to a Chinese automaker. READ »

Forsberg calls time on shoe firm

Business & Money: 14 Jul 10
Swedish ice hockey legend Peter Forsberg has announced the closure of his shoe firm Pforce which became synonymous with the Crocs brand of sandals in Sweden - known as "Foppatofflan" after the star's nickname. READ »

Chinese state investor gets 40 percent of Volvo

Business & Money: 24 Jun 10
Volvo Cars now has a government partner among its investors, but it is not the Swedish state, TV4's business news program Ekonominyheterna reported late on Wednesday. READ »

Volvo shareholder keen on Renault stake

Business & Money: 21 Jun 10
Swedish holding company Industrivärlden, Volvo Group's second largest shareholder, has confirmed its interest in buying some or all of Renault's stake in the Swedish truckmaker. READ »

Opposition mounts to euro adoption in Sweden

Business & Money: 3 Jun 10
Opposition to joining the euro adoption is growing in Sweden, with an increasing number of people fearing that businesses would lose out if the country scrapped the krona and joined the single currency, a poll showed on Thursday. READ »

Alliance best for economy: poll

Politics: 14 May 10
A majority of Swedes believe that the Alliance government has the best policies for the economy, taxes and businesses, according to a survey by Novus Opinion. READ »

Winter chill causes home heating headache

Business & Money: 19 Apr 10
The cold winter in Sweden has left every fifth household struggling to pay their electricity bills, according to a new survey. READ »

TeliaSonera in Georgian tax dispute

Business & Money: 15 Apr 10
Swedish-Finnish telecom firm TeliaSonera has landed in a tax battle in Georgia after its Geocell subsidiary was served with a 450 million kronor ($63 million) penalty. READ »

Chinese BAIC expresses interest in Saab investment

National: 2 Apr 10
China's Beijing Automotive Industry Holding Co. has said it wants to invest in Saab after it failed to buy the Swedish car company, according to a newspaper interview published on Thursday. READ »

Relatives settle over eccentric Swede's tin can riches

Society: 29 Mar 10
The relatives of a man who spent the last three decades collecting empty cans on the streets of a town in northern Sweden have settled out of court over the division of his unlikely fortune. READ »

The Hedonist List: enjoy Stockholm in style this month

Lifestyle: 24 Mar 10
It's one of Sweden's swankiest hotels, and has a bar and restaurant to match. In our new partnership with the Hedonist's Guide, we give you the lowdown on Stockholm's Grand Hotel. READ »

Geely closes in on Volvo takeover

Business & Money: 24 Mar 10
Chinese Geely representatives will arrive in Sweden over the weekend to complete the $1.8 billion purchase of Volvo Cars from Ford, on either Sunday or Monday, according to media reports. READ »

Swedish firms increase advertising spend

Business & Money: 19 Mar 10
Swedish firms have started to ease restrictions on advertising budgets, with new figures indicating an 18 percent hike in spending during the first two months of 2010. READ »

Geely secures Volvo purchase finance

Business & Money: 10 Mar 10
Chinese car maker Zheijiang Geely Holding Group is a step closer to becoming the new owner of Swedish firm Volvo Cars after announcing that it had secured the 15 billion kronor ($2.1 billion) in financing. READ »

Saab's Russian backer seeks clean slate

Business & Money: 4 Mar 10
Vladimir Antonov, the Russian businessman and backer of Spyker Cars' takeover of Saab, has launched a campaign to clear his name from allegations of money laundering and organised crime. READ »

Economists reject 'housing bubble' report

Business & Money: 26 Feb 10
Economists from state-owned mortgage lender SBAB have rejected as unfounded warnings from the National Housing Credit Guarantee Board that Sweden stands on the precipice of a house price crash. READ »

Public bodies to accept thousands of interns

Business & Money: 26 Feb 10
To meet labour market policy goals the Swedish Alliance government is demanding that public authorities accept 65,000 interns in a move designed to get the unemployed back to work. READ »

'Saab purchase delayed': Spyker CEO

Business & Money: 23 Feb 10
The purchase of Swedish car maker Saab by Spyker, scheduled to be completed on Tuesday, could be delayed by another day, the Dutch firm's CEO Victor Muller said on Tuesday. READ »

Ikea forecasts 'flat' profits for 2010

Business & Money: 22 Feb 10
In a rare comment on Swedish furniture giant Ikea's financials Monday, the firm's CEO reported flat profits for 2009 with more of the same forecast for 2010. READ »

Saab dealers: we'll help pay for Spyker deal

Business & Money: 5 Feb 10
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 »

20 things to know before moving to Sweden

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »

How far can English take you in Sweden?

Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »

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