• Sweden edition

Scania

The following articles have been tagged with "Scania":

Why should I study in Sweden?

Study in Sweden: 17 Jan 12
It is a big step to study abroad, and the options are almost limitless. So what makes Sweden stand out as a study destination? READ »

Saab hits bankruptcy 60 years after a flying start

Lifestyle: 19 Dec 11
Saab Automobile's decision to file for bankruptcy on Monday ends two years of efforts to save the unprofitable Swedish automaker 60 years after the aircraft manufacturer started making cars. READ »

From Sweden to Germany in search of cheap booze

Lifestyle: 14 Oct 11
Tired of Sweden's high alcohol taxes and the state run liquor monopoly? Come along with contributor Patrick Reilly as he details a recent journey to Germany in search of cheap beer. READ »

Scania cuts output amid slowing global growth

Business & Money: 10 Oct 11
Swedish truckmaker Scania on Monday announced a cut in production by up to 15 percent starting next month due to lower demand caused by a global economic slowdown. READ »

Swedes develop sci-fi style car test site

Science & Technology: 12 Aug 11
A Swedish company has become the first in the world to develop a so-called active safety test site, which it is hoped will ultimately drastically reduce the number of car accidents. READ »

Stockholm stock market in shaky opening

Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments. READ »

New battle erupts over 'Sweden's Stonehenge'

Science & Technology: 30 Jul 11
A new archaeological examination of Ales stenar, a massive stone relic perched atop a cliff in southern Sweden, has sparked a heated crossfire between scientists about the origins of the famed stone ship. READ »

'Nothing wrong' with bus in Stockholm crash

National: 19 Jul 11
No technical fault has been found with the bus that drove into a crowd of people on a busy pedestrian square in central Stockholm at the end of May, according to a police investigation. READ »

Scania CEO reports prosecutor over 'oil-for-food' bribery claims

Business & Money: 27 Jun 11
Scania CEO Leif Östling has reported Sweden's top anti-corruption prosecutor for violating confidentiality rules in connection with his investigation into the Swedish truckmaker's alleged skirting of UN sanctions in Iraq. READ »

Swedish Scania to start operations in Japan

Business & Money: 24 Jun 11
Scania, a major Swedish automotive manufacturer of commercial vehicles such as heavy trucks and buses, has established a sales and service company in Japan, signalling changes with their alliance to Japanese truck and bus manufacturer Hino. READ »

Networking site Linkedin to open Stockholm office

Business & Money: 15 Jun 11
Professional networking site Linkedin revealed on Wednesday plans to open a Stockholm office to further the Scandinavian market and offer better services to members in the Nordic countries. READ »

Bus crash caused by brake failure: driver

National: 28 May 11
The driver of a bus that injured six people when it veered into a crowd of people on a busy pedestrian square on Saturday says the brakes failed as she attempted to bring the vehicle to a halt. READ »

Scania signs Iraq truck agreement

Business & Money: 24 May 11
Swedish truck maker Scania announced on Monday that it had signed a contract to supply 4,000 vehicles to Iraq over the next five years in a deal worth $470 million. READ »

Debunking the mystique of the Bilderberg Group

Analysis & Opinion: 11 May 11
While conspiracy theorists have long viewed the exclusive global network of elites known as the Bilderberg Group as a secretive global government, a new book by a Sweden-based academic argues the group's influence is often overstated, The Local's Peter Vinthagen Simpson explains. READ »

Scania profits soar as new order growth lags

Business & Money: 28 Apr 11
Swedish truckmaker Scania announced a 77 percent profit rise for the first three months of 2011, although growth in new orders grew more modestly. READ »

Putin in Sweden: visa rules to be eased

Politics: 27 Apr 11
At a meeting in Stockholm with Swedish Prime Minister Fredrik Reinfeldt, Russian Prime Minister Vladimir Putin announced that visa regulations would be eased while emphasising economic cooperation between the countries. READ »

SKF head named Sweden's 'funniest' CEO

Business & Money: 22 Feb 11
Tom Johnstone, the Scottish CEO of Swedish ball-bearing giant SKF has been named Sweden's funniest CEO in an competition backed by Comedy Central. READ »

Scania MAN merger on hold

Business & Money: 2 Feb 11
Swedish truckmaker Scania reported booming profits in its 2010 report published on Wednesday, advising that the proposed merger with Germany's MAN is on hold. READ »

Scania and Volvo in EU competition probe

Business & Money: 18 Jan 11
Swedish truckmakers Scania and Volvo AB are among the companies included in a cartel investigation launched by the European Commission on Tuesday. READ »

Sweden records first swine flu death

Science & Technology: 2 Jan 11
A seven-year-old boy has become Sweden's first fatality linked to swine flu this season after his death was announced by a health official on Saturday. READ »

Scania in merger talks with Germany's MAN

Business & Money: 15 Nov 10
Scania is exploring a tie up with Germany's MAN, the Swedish truckmaker said on Monday. READ »

Volkswagen eyes Scania stake: report

Business & Money: 14 Nov 10
German automaker Volkswagen is looking to boost its trucking activities by increasing its stake in Sweden's Scania, according to a German media report. READ »

Scania accused of Iraq oil-for-food bribes

Business & Money: 1 Nov 10
Managers from Swedish truckmaker Scania are expected to be charged for violating United Nations sanctions for their role in paying millions of kronor in bribes to the former Iraqi regime of Saddam Hussein. READ »

Profits jump for Swedish truckmaker Scania

Business & Money: 25 Oct 10
Swedish truckmaker Scania reported a steep rise in third-quarter profits on Monday, although a slow economic recovery in Europe kept sales figures below expectations. READ »

Abba star sues Buddhist temple owner

Society: 13 Oct 10
Former Abba star Anni-Frid Reuss (nee Lyngstad) has filed a bankruptcy order against a Qigong healing temple in southern Sweden in a bid to reclaim her money, which the temple claims was meant as a donation. READ »

Live Blog: election night in Sweden

Politics: 20 Sep 10
The Local's correspondents bring you all the latest news from the Swedish election, live from the main parties' headquarters in Stockholm. See the drama unfold live here. READ »

Truckmaker Scania posts surprise Q2 results

Business & Money: 23 Jul 10
Swedish truckmaker Scania reported unexpectedly strong second-quarter results on Friday as the auto industry rebounded from a disastrous 2009, when the global economic downturn savaged demand. READ »

Two men arrested over fire at Vilks' house

National: 16 May 10
Two men, aged 19 and 21, have been arrested in connection with an arson attack at the home in southern Sweden of artist Lars Vilks. READ »

Blogger profile: Patrick Reilly

Analysis & Opinion: 8 Mar 10
New arrival and active blogger Patrick Reilly speaks to Peter Vinthagen Simpson about his nascent attempts to become a fully-fledged Swedetalker. READ »

Scania cuts dividend as profits fall

Business & Money: 3 Feb 10
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 »

Saab: 60 years of love, debt and tears

National: 18 Dec 09
General Motors' announcement on Friday that it will wind down its lossmaking brand Saab Automobile brings an end to the iconic Swedish brand after six decades of car manufacturing. READ »

The Lowdown on classic car maker Saab

Analysis & Opinion: 25 Nov 09
Saab is a company steeped in glorious history. But as sports car maker Koenigsegg reverses out of its takeover deal, the GM-owned company is increasingly being viewed by analysts as a firm without a future. READ »

Profits at truckmaker Scania beat expectations

Business & Money: 26 Oct 09
Swedish truckmaker Scania announced a return to profit and a slightly improved outlook on Monday with better-than-expected third quarter results due to the effects of cost cutting measures. READ »

UN body designates Swedish dialect a 'threatened language'

Society: 29 Sep 09
The Scanian ('Skånska') dialect of southern Sweden has landed on Unesco's list of threatened languages, much to the exasperation of Swedish linguists. READ »

Immigration increases foreign trade: study

Society: 17 Sep 09
Increased immigration to Sweden in recent years has helped boost the country’s foreign trade, a new study shows. READ »

Bumper Friday for krona and stocks

Business & Money: 21 Aug 09
The Stockholm stock exchange and the krona both hit record levels for the year on Friday as several economic indicators point to an upswing in Sweden's economic fortunes. READ »

Foreign investors thrive on the Stockholm exchange: report

Business & Money: 31 Jul 09
The Stockholm stock exchange has retained its allure among foreign investors who now own 35 percent of its total value on the back of strong gains, according to new figures. READ »

Scania reports surpise second quarter losses

Business & Money: 23 Jul 09
Swedish truckmaker Scania was hit with unexpected losses in the second quarter due to weak demand, and warned that no recovery is yet in sight. READ »

Koenigsegg buys Saab: confirmed

National: 16 Jun 09
Saab Automobile is to be sold to Swedish sports car maker Koenigsegg, Saab has confirmed. READ »

Saab takes new road after 20 years with GM

Business & Money: 16 Jun 09
The announcement by General Motors on Tuesday that it will sell Swedish automaker Saab to niche sportscar manufacturer Koenigsegg ends ties dating back 20 years with the Detroit auto giant. READ »

What's on in Sweden: June 12 - 18

Lifestyle: 11 Jun 09
What's on in Sweden: Neil Young & Ikea exhibition in Stockholm; Euro 2009 U-21 football in Gothenburg; Orchestra Baobab in Malmö. READ »

Scania to save jobs in Sweden with 4-day work week

Business & Money: 15 May 09
Truckmaker Scania announced on Friday plans to implement a 4-day week in June for its 12,000 workers in Sweden in an effort to avoid redundancies as the economic crisis continues to take its toll on truck sales. READ »

Scania sees profits and orders plummet

Business & Money: 27 Apr 09
Net profits at Swedish truckmaker Scania plunged 93 percent to 179 million kronor for the first quarter ($21.8 million), the company reported on Monday as orders for new vehicles also took a dive. READ »

Swedish auto firms secure European loans

Business & Money: 11 Mar 09
Swedish car maker Volvo Cars, and truck makers Volvo Trucks and Scania, have secured loans totalling one billion euros ($1.26 billion) from the European Investment Bank. READ »

Volvo execs charged for Saddam-era bribes

Business & Money: 6 Mar 09
Three executives from Volvo’s construction equipment subsidiary have been charged for paying bribes to the regime of Saddam Hussein to skirt restrictions related to the United Nations’ Oil-for-Food Programme. READ »

Profits and orders plummet at Scania

Business & Money: 3 Feb 09
Swedish truckmaker Scania reported a 44 percent drop in fourth quarter net profits and sharp drop in new orders on Tuesday. READ »

Porsche bids on remaining Scania shares

Business & Money: 19 Jan 09
German luxury automaker Porsche announced on Monday it was offering €2.8 billion ($3.7 billion) to buy up the rest of Swedish truckmaker Scania. READ »

Porsche obliged to bid for Scania

National: 6 Jan 09
German sports car maker Porsche is obliged to place a bid for Swedish truck firm Scania after acquiring more that fifty percent of the voting stock in Volkswagen. READ »

2008: The year in review

Lifestyle: 31 Dec 08
As 2008 draws to a close, The Local takes a look back at some of the stories that caught our attention over the last twelve months. READ »

MAN states 'strategic interest' in Scania

Business & Money: 24 Dec 08
The German heavy truck maker MAN said on Wednesday it had raised its voting rights access in Swedish counterpart Scania to more than 20 percent, and emphasized its strategic interest in the firm. READ »

Sweden to offer loans to Volvo and Saab

Politics: 8 Dec 08
Sweden is set to provide several billion kronor worth of loans and loan guarantees to embattled automakers Volvo Cars and Saab Automobile, according to a report in the Swedish business press. READ »

Scania halts European production for a month

Business & Money: 3 Dec 08
Swedish truck maker Scania announced on Wednesday it was closing down production across Europe for one month because of weaker demand. READ »

Scania to open production facility in Iraq

Business & Money: 19 Nov 08
Truck and bus maker Scania announced on Wednesday that it has signed an agreement with the government of Iraq to open an assembly plant in the country in 2009. READ »

Scania dodged UN sanctions in Iraq

National: 13 Nov 08
Swedish government agencies allowed truck maker Scania to ignore United Nations sanctions in order to sell buses and trucks in Iraq in the early 2000s, Sveriges Radio reports. READ »

Downshift in Scania orders sends shares plummeting

Business & Money: 24 Oct 08
Swedish truckmaker Scania said Friday that orders had plunged because of the financial crisis but that it had made slim rise in third-quarter profits. READ »

Stock exchange down five percent

Business & Money: 24 Oct 08
The Stockholm stock exchange took a tumble in early trading on Friday, with the OMXS index dropping 5 percent by 9.15am. Shares in Volvo shed 19 percent of their value. READ »

Investor suffers 'torturous' third quarter

Business & Money: 14 Oct 08
Swedish investment giant Investor expressed optimism for the future on Tuesday despite suffering massive third quarter losses. READ »

Worst day of trading since 9/11

Business & Money: 6 Oct 08
Stockholm's stock exchange plunged on Monday at a rate not seen since the terrorist attacks of September 11th 2001. READ »

Learning to love Lund

Lifestyle: 1 Sep 08
Robert La Bua visits Lund and its famed university, Skåne's esteemed home of higher education and Viking mischief. READ »

Scania profits keep on trucking

Business & Money: 25 Jul 08
Swedish truckmaker Scania reported strong second-quarter profits on Friday, beating expectations but warning that 2009 could offer a bumpier ride. READ »

Investor plunges into the red in second quarter

Business & Money: 10 Jul 08
Investor, Northern Europe's biggest industrial holding company, fell into the red in the second quarter with a net loss of 3.52 billion kronor. READ »

Swedish companies keen on Iraqi business

Politics: 31 May 08
Swedish companies have indicated that they are interested in doing business in Iraq. 18 firms met with the Iraqi prime minister Nuri al-Maliki in Stockholm on Friday. READ »

Sweden to reopen Baghdad embassy

Politics: 30 May 08
As Sweden announced plans to reopen its Baghdad embassy later this year, Iraq's prime minister also called for Iraqi refugees to return to their former homeland. READ »

Swedish multinationals pamper employees to keep them fit

Business & Money: 29 Apr 08
High-tech gyms, free breakfasts, and programmes to help people lose weight or stop smoking: modern Swedish companies pamper their employees in a bid to combat one of Europe's highest absenteeism rates, writes AFP's Delphine Touitou. READ »

Scania sees profits rise while orders sag

Business & Money: 28 Apr 08
Scania on Monday posted strong first quarter results and increased sales while flagging a sharp fall in new orders ahead. READ »

MAN not required to bid on remaining Scania shares

Business & Money: 10 Apr 08
The Swedish Financial Supervisory Authority has concluded that the German truck manufacturer MAN AG is not obliged to launch a bid on Scania AB. READ »

Swedish CEOs see sharp rise in earnings

Business & Money: 28 Mar 08
The wages of managing directors in Sweden's top stock exchange listed companies continued to rise sharply last year with many firms posting record profits. READ »

Truck maker Scania invests in Dubai to tap Gulf growth

Business & Money: 27 Mar 08
Swedish truck maker Scania said on Thursday it would build a factory in Dubai to strengthen its presence in the high-growth Gulf region. READ »

Scania and Ericsson see shares tumble

Business & Money: 4 Mar 08
Shares in Scania and Ericsson plummeted on the Stockholm stock exchange on Tuesday. READ »

Porsche swallows Volkswagen as VW grabs Scania

Business & Money: 3 Mar 08
Only hours after buying a controlling stake in Swedish truck manufacturer Scania, Volkswagen was in turn swallowed by the holding company of luxury carmaker Porsche. READ »

Auto industry jewel slips into foreign hands

Business & Money: 3 Mar 08
Volkswagen's acquisition of truckmaker Scania saw one of the Swedish auto industry's last crown jewels pass into foreign hands, following in the footsteps of Volvo and Saab. READ »

Scania's main union welcomes VW deal

National: 3 Mar 08
Scania's main workers union has said it was pleased German car maker Volkswagen had taken control of the Swedish truck maker. READ »

Volkswagen makes Scania swoop

Business & Money: 3 Mar 08
Volkswagen is to raise its voting rights in Scania following an accord with Investor and the Wallenberg foundation. The move is seen as a possible prelude to a merger of Scania and MAN. READ »

Stockholm bourse falls on US consumer stats

Business & Money: 16 Feb 08
The Stockholm stock exchange closed down 1.1 percent on Friday on reports of weaker consumer demand in the USA. READ »

Strong earnings for Scania in 2007

Business & Money: 6 Feb 08
The truckmaker sees the good times rolling along into 2008 and 2009. READ »

Sweden's financial families ride economic rollercoaster

Business & Money: 7 Dec 07
Two of Sweden's most powerful financial families, the Wallenbergs and the Stenbecks, have had a bumpy ride on this year's turbulent stock market. READ »

MAN 'still interested in Scania'

Business & Money: 23 Nov 07
German truck maker MAN has said it wants to grow fast through acquisitions. READ »

Stockholm shares down sharply

Business & Money: 19 Nov 07
Credit market concerns lead to a fall on Stockholm's OMXS index and on markets around Europe. READ »

Scania wins Clinton plaudit

Business & Money: 2 Nov 07
Swedish truck and bus maker Scania has been named a 'preferred supplier' by former US President Bill Clinton's environmental movement. READ »

Scania reports rising earnings

Business & Money: 29 Oct 07
Swedish truck maker Scania reported a 36.9 percent rise in third quarter net earnings Monday compared with the same period last year, which it attributed to buoyant sales. READ »

MAN shares leap on report of Scania bid

Business & Money: 18 Oct 07
Shares in heavy lorry maker MAN leapt in early trading in Frankfurt on Thursday after a press report said Scania of Sweden was set to launch a bid for the German group. Shares in Volkswagen also benefited. READ »

Investor: Absolut owner 'is attractive'

Business & Money: 11 Oct 07
The Wallenberg family's investment company Investor has expressed an interest in buying the state-owned maker of Absolut Vodka, Vin & Sprit. READ »

'Muhammad cartoon not racial agitation'

Politics: 20 Sep 07
A cartoon depicting Prophet Muhammad as a dog, published in a local Swedish newspaper in August, did not constitute incitement to racial hatred, Sweden's justice chancellor ruled on Thursday. READ »

Algerian ambassador condemns bounty on Muhammad cartoonist

Politics: 18 Sep 07
Algeria's ambassador to Sweden on Monday condemned death threats from al-Qaeda in Iraq against a Swedish artist who drew a cartoon of Prophet Muhammad and a newspaper editor who published it. READ »

Media and Prime Minister rally around cartoonist

National: 16 Sep 07
The Swedish media and Prime Minister rallied Sunday behind a cartoonist whose depiction of the Islamic prophet as a dog earned him death threats from Al-Qaeda in Iraq, as Swedish companies braced for a backlash. READ »

Ericsson takes down flags in Middle East

National: 16 Sep 07
Telecoms giant Ericsson has taken steps to reduce its visibility in the Middle East following Saturday's threat by al-Qaeda in Iraq to target major Swedish companies. READ »

No go for Scania-MAN trucking merger - report

Business & Money: 15 Sep 07
Plans to merge Swedish truck-maker Scania with Germany's MAN and parts of Volkswagen have been called off, according to the German weekly magazine Focus, quoting an unidentified manager involved. READ »

Al-Qaeda puts bounties on heads of Swedes

National: 15 Sep 07
The purported leader of Al-Qaeda in Iraq has called for the murder of artist Lars Vilks and newspaper editor Ulf Johansson. The organization also threatened to target "Ericsson, Scania, Volvo, IKEA and Electrolux" unless an apology is forthcoming. READ »

Wallenberg family blocking Scania-MAN trucking tie-up

Business & Money: 28 Aug 07
Swedish investor Peter Wallenberg has stalled talks to merge Scania with Germany's MAN and parts of Volkswagen. READ »

Wallenberg family blocking Scania-MAN trucking tie-up

Business & Money: 28 Aug 07
Swedish investor Peter Wallenberg has stalled talks to merge Scania with Germany's MAN and parts of Volkswagen. READ »

'To speak Skånska is to puke a little'

National: 23 Aug 07
Sweden's Chancellor of Justice has ruled that it was perfectly acceptable for a tabloid columnist to insult the dialect spoken by most people in the south of the country. READ »

Stockholm shares recover

Business & Money: 13 Aug 07
Shares on the Stockholm exchange rose during trading on Monday, following heavy falls late last week. READ »

Scania reports sharp profit jump

Business & Money: 26 Jul 07
Swedish truckmaker Scania on Thursday reported a 44.7-percent surge in second-quarter net earnings but the results disappointed the market and the share price fell sharply. READ »

Core investments bolster Investor growth

Business & Money: 11 Jul 07
The Wallenberg family's investment firm Investor saw its net asset value surge to 182.6 billion kronor (27.4 billion dollars) in the first half of 2007, with ABB, Scania and Atlas Copco the main drivers. READ »

Investor "considering bid for Volvo"

Business & Money: 2 Jul 07
Volvo could return to Swedish ownership, according to a report in the British media claiming that Wallenburg-controlled Investor is planning to table a bid for the car firm. READ »

Reinfeldt presses Chinese leader on human rights

National: 10 Jun 07
Swedish Prime Minister Fredrik Reinfeldt has pressed Chinese President Hu Jintao on his country's human rights record, during the final day of a three-day Chinese state visit in Sweden. READ »

Scania trucks reports profits leap in fast-moving market

Business & Money: 27 Apr 07
Swedish truck maker Scania nearly doubled profits in the first quarter and said on Friday that all its markets were racing ahead. READ »

Wallenbergs look to strengthen Norway ties

Business & Money: 19 Apr 07
The powerful Wallenberg family is looking to strengthen ties with Norwegian industry. Marcus Wallenberg will visit the country in June as part of a major delegation. READ »

Iraqis bring wealth - and jobs - to Sweden

Lifestyle: 12 Apr 07
The world in Sweden series:The cost to Sweden of receiving asylum seekers – many of them Iraqis – is set to rise to more than 12 billion kronor by 2010. But far from being a drain on resources, many Iraqis are bringing money - and jobs - to Sweden, as Rami Abdelrahman reports. READ »


Highlights from Follow Sweden

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 »


Blog Update: Julie's Nordic Island

12 February 21:30

The consciousness of one »

"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »

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Highlights from Follow Sweden
Swedish word of the day

fin

adjective

Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.



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Highlights from Follow Sweden
New book about Sweden – get to know the country

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