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May 28, 2012
Expansion
The following articles have been tagged with "Expansion":
Pirate Bay to launch fleet of 'aerial server drones'
Science & Technology: 21 Mar 12
Swedish file sharing site The Pirate Bay has said it wants to launch its servers into the skies using GPS-controlled drone aircraft in a bid to avoid further crackdowns on illegal file sharing.
READ »
Borg 'unhappy' over youth employment record
Politics: 17 Mar 12
Swedish finance minister Anders Borg forecast on Saturday that youth unemployment will be the major issue in the 2014 election, expressing dissatisfaction over how government labour market programmes are working.
READ »
H&M bottom line feels the pinch
Business & Money: 26 Jan 12
Swedish fashion retailer H&M on Thursday reported a 15 percent drop in net profits for 2011, but remained optimistic for 2012 despite the downbeat economic climate.
READ »
Ericsson shares nosedive on weak report
Business & Money: 25 Jan 12
Ericsson on announced a worse-than-expected 73 percent drop in its fourth quarter net profits, sending shares in the Swedish telecom giant plummeting in Wednesday morning trading.
READ »
Ikea puts India expansion plans on ice
Society: 23 Jan 12
Swedish furniture retailer Ikea has put off plans to open stores in India due to local sourcing requirements despite a recent loosening of rules about foreign ownership of single brand retailers.
READ »
Ikea assembles record profits for 2011
Business & Money: 20 Jan 12
Swedish furniture retailer Ikea announced record-breaking profits for 2011 on Friday with sales booming and market share increasing in nearly every country.
READ »
Laureates accept Nobel prizes in Stockholm
Society: 10 Dec 11
Sweden’s King Carl XVI Gustaf handed out the Nobel prizes in medicine, literature, economics, physics and chemistry the 2011 laureates at a gala ceremony in Stockholm on Saturday.
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Japanese clothes giant to rival H&M in Sweden
National: 3 Nov 11
The Japanese retail giant Uniqlo might be taking on Swedish cheap n´chic brand H&M on its own territory as the company is said to be looking for premises in the heart of Stockholm's shopping district.
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Swedish techies hail 30 years of mobile phones
Science & Technology: 19 Oct 11
It's been 30 years since since Swedish technology and initiative helped launch a bold, but modest initiative which marked the start of he modern era of mobile telephony, The Local's Joel Linde explains.
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Private health insurance in Sweden: a clash of cultures
Science & Technology: 10 Oct 11
As growing numbers of Swedes choose private healthcare, The Local's Clara Guibourg explores what's behind the trend and what it could mean for the quality of Sweden's public healthcare system.
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Laureate thought Nobel call was 'a student joke'
Science & Technology: 5 Oct 11
Australia's newest Nobel laureate Brian Schmidt assumed it was an elaborate undergraduate joke when he heard a Swedish voice on the line informing him that he had a "very important call" on Tuesday night.
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Ryanair seeks Sweden expansion
Society: 4 Oct 11
The Irish low cost airline Ryanair is planning to establish more airport hubs in Sweden, in order to expand operations to include domestic travel within the region.
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Supernova scientists share 2011 physics Nobel
Science & Technology: 4 Oct 11
Three US researchers have been jointly awarded the 2011 Nobel Prize in Physics "for the discovery of the accelerating expansion of the universe through observations of distant supernovae".
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H&M deliver upbeat report
Business & Money: 29 Sep 11
Swedish clothing giant Hennes & Mauritz reported a profit before tax of 4.85 billion kronor ($717 million) for the period June-August, exceeding analyst forecasts and helping to boost the stock market on Thursday.
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Budget 'too optimistic': Social Democrats
Politics: 20 Sep 11
Swedish finance minister Anders Borg defended the government's autumn budget proposal against charges that it was overly optimistic in a spirited Riksdag debate on Tuesday.
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The Local launches France's news in English
Business & Money: 29 Aug 11
The Local, a leading source of English-language news in Sweden, Germany, and Switzerland, announced on Monday it has now established a news website in France.
READ »
Sweden fears swimming Danish raccoon invasion
Science & Technology: 23 Aug 11
Swedish game wardens have sounded alarm bells that the rapid growth in the raccoon and raccoon dog population in Denmark could result in the invasive species swimming across the Öresund channel and establishing themselves in southern Sweden.
READ »
One in ten young Swedish men addicted to gambling: study
Society: 3 Aug 11
Gambling problems among young men in Sweden have doubled in the past decade, according to a new survey from the Swedish National Institute of Public Health.
READ »
France sale boosts Metro earnings
Business & Money: 18 Jul 11
The pending sale of its loss-making French division has boosted the profits at Metro International, the Swedish publisher of free newspapers, the firm reported on Monday.
READ »
'Allow Systembolaget home delivery: politician
Politics: 18 Jul 11
Sweden's state-run alcohol retail monopoly Systembolaget should be authorised to start up a home delivery service, suggests MP Carl B Hamilton of the Liberal Party, in an opinion article published on Monday.
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Slower growth ahead for Swedish economy: report
Business & Money: 22 Jun 11
Sweden's economic growth is expected to slow further in 2011 following record strong growth in 2010, according to a new forecast from the Sweden's National Institute of Economic Research.
READ »
Sweden 'failing' in fight against child poverty
Society: 7 Jun 11
Failed family policies and a welfare system that has become less fair are to blame for an increase in child poverty in Sweden, according to charity Save the Children.
READ »
Vattenfall plans France expansion
Business & Money: 4 Jun 11
Swedish Energy giant Vattenfall is hoping to expand its operations in France, seeking to invest up to nine billion kronor ($1.5 billion) in hydro-electric power.
READ »
The Local secures funds for European expansion
Business & Money: 18 May 11
The Local will expand into six new markets in Europe this year, supported by 10 million kronor ($1.6 million) in further financing from existing and new investors, including Almi Invest.
READ »
Social Democrats in Libya mission u-turn
Politics: 18 May 11
The Social Democrats have altered their view on Sweden's military presence in Libya, expressing their support for an extension and expansion of the Swedish military and humanitarian contributions to the North African country.
READ »
Stockholm airport set for expansion: report
National: 15 May 11
Despite surviving under threat of closure for almost all of its 75 years, Bromma Airport in Stockholm could be set for a huge expansion in the next decade.
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Swedish coffee to flood US market
National: 16 Apr 11
For the first time in its 160-year-old history, Swedish coffee brand Gevalia will be sold in US supermarkets all over the country.
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Malmö braces for Scandinavia's largest shopping mall
Lifestyle: 30 Mar 11
A mall billed as one of Europe’s most spectacular shopping centres is under construction in Malmö, but questions remain as to whether the city can handle the massive expansion in retail space, The Local's Karen Holst discovers.
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Volvo Cars plans to hire 1,200 new staff
Business & Money: 29 Mar 11
Swedish car maker Volvo said Tuesday that it plans to hire 1,200 new employees, mostly engineers to meet the development of electric cars and production expansion.
READ »
Sweden's EQT nets billions in Kabel BW sale
Business & Money: 22 Mar 11
Swedish fund EQT Monday announced the sale of Kabel BW, a German cable operator, to US-based Liberty Global for 3.16 billion euros ($4.49 billion).
READ »
Ikea to expand China mall development plans
Business & Money: 17 Mar 11
Swedish furniture retailer Ikea plans to boost its presence in China beyond already planned shopping malls in three major Chinese cities, according to the company's shopping centre development arm.
READ »
Subway plans massive Sweden expansion
Business & Money: 11 Mar 11
US sandwich chain Subway, recently crowned the largest restaurant chain in the world, is planning an extensive expansion in Sweden, the firm has confirmed.
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Swedes suffer drop in disposable income
Business & Money: 9 Mar 11
The majority of Swedes will experience a drop in their disposable incomes this year in comparison to 2009, with higher mortgage costs to blame, according to a new report.
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'God's House' being built in suburban Stockholm
Analysis & Opinion: 2 Mar 11
As religious tensions continue to cause friction in Sweden and elsewhere, Lutherans, Catholics, and Muslims near Stockholm have come together to present a new model for religious tolerance, The Local's Geoff Mortimore discovers.
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Palme's political legacy 'put Sweden on the map'
Analysis & Opinion: 28 Feb 11
As the 25th anniversary of Olof Palme’s murder is remembered The Local’s Karen Holst explores the political legacy left by the man who delivered Sweden from obscurity and into the globalising world.
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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.
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Ikea founder admits to secret foundation
Business & Money: 26 Jan 11
Ikea founder Ingvar Kamprad, considered one of the wealthiest people in the world, has acknowledged the existence of a secret foundation worth 100 billion kronor ($15.34 billion).
READ »
'No housing bubble in Sweden': central bank
Business & Money: 20 Jan 11
Sweden's central bank does not see a housing bubble or bubble-like behaviour in the housing market, according to a high-ranking official at the institution.
READ »
'Financial crisis over in Sweden': Nordea
Business & Money: 19 Jan 11
The financial crisis is over in Sweden, Nordic financial services group Nordea declared in a report on Wednesday.
READ »
Ericsson wins Norway network deal with Huawei
Business & Money: 11 Jan 11
Sweden's Ericsson and Chinese telecom giant Huawei have been commissioned by Sweden's TeliaSonera to modernise and expand Norway's entire mobile network, the companies announced on Tuesday.
READ »
Swedish household loan growth continues to slow
Business & Money: 28 Dec 10
Growth in lending to Swedish households by banks and mortgage institutions continued to slow last month, Sweden's statistics agency revealed on Tuesday.
READ »
Sweden's Ikea to double Chinese stores by 2015
Business & Money: 16 Dec 10
Swedish furniture giant Ikea announced plans to more than double the number of stores it has in mainland China in the next five years, state media reported on Thursday.
READ »
Ikea owner 'distressed' over Russian expansion
Business & Money: 11 Dec 10
Iconic Swedish furniture giant Ikea's founder, Ingvar Kamprad, is "distressed" by the company's troubled expansion into Russia after a review of its operations in Russia revealed major shortcomings.
READ »
H&M opens world's largest store in Vegas
Business & Money: 11 Dec 10
Swedish clothing retailer H&M will open its largest store in the world in Las Vegas on Saturday.
READ »
WikiLeaks funded via Pirate Bay-linked firm
Business & Money: 9 Dec 10
Swedish micropay site Flattr, which was launched by The Pirate Bay co-founder Peter Sunde, remains one of the sole online financial lifelines for embattled whistleblower site WikiLeaks.
READ »
Volvo and Geely clash on China expansion
Business & Money: 3 Dec 10
Volvo Cars and its Chinese owner Geely appear headed on a collision course regarding Volvo's expansion in China, the Financial Times reported late on Thursday.
READ »
Swedish chef wins UK curry prize
Society: 30 Nov 10
Mohammed Razaul Karim, the head chef and owner of the prize-winning Indian Garden in Stockholm, has gained international recognition for the quality of his curries.
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H&M completes Cheap Monday acquisition
Business & Money: 24 Nov 10
H&M has acquired the remaining 40 percent of the shares of Swedish fashion concern FaBric Scandinavien, which runs the store chains Weekday and Monki as well as the Cheap Monday brand.
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H&M to launch in Singapore in 2011
Business & Money: 22 Nov 10
Swedish clothing retail giant Hennes & Mauritz has announced its first foray into the south-east Asian market by opening a store in Singapore.
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A populist lexicon: freedom fries and the Swedish far-right
Analysis & Opinion: 18 Nov 10
The Local's Peter Vinthagen Simpson exposes the orthodoxy and self-serving folksy truisms of far-right PC in a lexicon of populist platitudes.
READ »
Sweden 'threatens the global economy': study
Business & Money: 12 Nov 10
An American think tank has criticised Sweden for maintaining a constant current account surplus, arguing that doing so poses a threat to the functioning of the global economy.
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Skanska profits despite challenging economy
Business & Money: 4 Nov 10
Swedish construction concern Skanska reported a better-than-expected third quarter profit, with the company's CEO adding that it has fared well despite challenging economic circumstances.
READ »
Saab owner Spyker cuts Saab 2010 sales forecast
Business & Money: 29 Oct 10
Saab automobile owner Spyker announced on Friday that it expects to sell 30,000 to 35,000 Saab cars this year, about 10,000 less than initially forecast.
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Profits return for free paper publisher Metro
Business & Money: 18 Oct 10
Swedish publisher Metro International has returned to profitability, reporting a third quarter net profit of just over €1 million ($1.4 million) on Monday. The company also announced plans to change its tax home to Sweden.
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Swedes working in China doubles in five years
Business & Money: 15 Oct 10
The number of Swedish employees working in China has doubled in the last five years, according to a issued by a leading Swedish engineering industry group.
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Swedish biker gangs in expansion fast lane
National: 8 Oct 10
The Bandidos, Hells Angels and other criminal motorcycle gangs have ramped up their expansion in Sweden, while at the same time gaining a foothold in Europe.
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Hockey wasn't always Sweden's pride on ice
Lifestyle: 7 Oct 10
Sweden’s passion for ice hockey will be on display this weekend when teams from the National Hockey League square off in Stockholm, but the fast-moving sport wasn’t always near and dear to Swedes’ hearts, The Local’s David Landes discovered.
READ »
Live Blog: parliament opens
Politics: 5 Oct 10
Another eventful day in Swedish politics has come to a close with Fredrik Reinfeldt having presented his new government, the Sweden Democrats having added a little colour and outraged drama, and the king having calmly reminded the Riksdag of its role as a bastion of Swedish democracy.
READ »
Ikea assembles record-breaking profits
Business & Money: 1 Oct 10
Swedish furniture giant Ikea finished off the most recent fiscal year with record-setting profits, according to media reports.
READ »
Publisher Metro launches in three new French cities
Business & Money: 27 Sep 10
Swedish media company Metro International has launched in three new French cities and will boost distribution in Paris starting next month.
READ »
Vattenfall keeps German plants despite cost cuts
Business & Money: 21 Sep 10
State-owned energy giant Vattenfall is pursuing a cost-cutting plan involving 6 billion kronor ($862.67 million), but it has ruled out the sale of its much-criticised lignite power plants in Germany, according to CEO Øystein Løseth.
READ »
Ikea to expand in Asia as sales keep growing
Business & Money: 20 Sep 10
Swedish furniture giant Ikea is looking to expand further in Asia in the coming years, according to CEO Mikael Ohlsson, who added that the company’s sales continue to climb.
READ »
Maid in Sweden: clean home, dirty money?
Analysis & Opinion: 16 Sep 10
Few would argue with the merits of a clean house, yet Swedes don't seem ready to sweep the issue of hiring domestic help under the rug. And as Paul O'Mahony discovers, controversial tax breaks are only part of the story.
READ »
Introducing the Liberals
Analysis & Opinion: 8 Sep 10
Here's a look at the Liberal Party, bidding to retain power and regain their place as third largest party in Swedish politics.
READ »
Introducing the Social Democrats
Analysis & Opinion: 7 Sep 10
Here's a look at the Social Democrats, bidding to assume power at the head of the Red-Green coalition.
READ »
Improved outlook for Swedish economy: report
Business & Money: 1 Sep 10
Swedes should expect higher economic growth and lower unemployment than previously forecast, according to a new report from the National Institute of Economic Research.
READ »
Red-Greens present election manifesto
Politics: 31 Aug 10
The centre-left coalition presented their election manifesto on Tuesday, promising to cut taxes for pensioners, cheaper daycare, and incentives for employers to recruit young people.
READ »
Clas Ohlson to open up to 200 stores in UK
Business & Money: 30 Aug 10
Swedish hardware chain Clas Ohlson is planning to launch an aggressive expansion campaign across the UK of up to 200 stores.
READ »
WWF warns of Baltic Sea 'Wild West'
Science & Technology: 26 Aug 10
The Baltic Sea faces the threat of uncontrolled growth of freight traffic and wind energy over the next 20 years, the World Wildlife Fund has warned in a new report, calling on governments to work together to avert a Baltic 'Wild West'.
READ »
PM: mandatory jobs insurance unlikely
Business & Money: 17 Aug 10
Sweden's prime minister Fredrik Reinfeldt has said that the election 2006 promise to make unemployment insurance obligatory is unlikely to be realized during the next mandate period.
READ »
Swedes expect fall in jobless total
Business & Money: 6 Aug 10
Most Swedes expect unemployment to fall in the coming year, according to a new poll. But those who work in the public sector expect to see job cuts in their own workplaces.
READ »
Century-old steamers inspire awe and nostalgia
Travel: 30 Jul 10
AFP's Francois Campredon savours a bygone era on vintage Stockholm steamer S/S Storskär, which is over 100 years old, as it cruises through the archipelago and the Baltic Sea for an annual summer steamship parade.
READ »
Sun causes rail traffic delays
National: 4 Jul 10
Just months after heavy snowfall prompted major rail traffic disturbances in Sweden, the sun has now staked its claim as a disruptive force by causing rails to expand and delaying trains in Malmö on Saturday.
READ »
Swedish consumers optimistic about future
Business & Money: 23 Jun 10
Swedish consumers are increasingly confident of the prospects for the country’s economy, according to a new report, but growth could be hit by austerity measures in Europe.
READ »
Surge in applications to start free schools
Education: 6 May 10
The Schools Inspectorate (Skolinspektionen) has received 36 percent more applications to start or expand independent 'free' schools for the autumn term of 2011.
READ »
Opposition touts tax cuts to fuel employment
National: 2 May 10
Sweden's left-green opposition parties have vowed to cut general payroll taxes for small businesses by 8 billion kronor ($1.1 billion) over the next two years in a bid to stimulate employment if they are elected into government this autumn.
READ »
Opposition announces high-speed rail plans
National: 26 Apr 10
The left-green opposition parties have agreed to invest heavily in rail and public transport if they win the election in September, including the construction of high-speed railway lines.
READ »
Students seek expansion of volcano help site
Society: 23 Apr 10
A pair of Swedish students are hoping their website launched to organize people left stranded by the Iceland volcano flight chaos will become a permanent fixture to help victims of natural disasters.
READ »
Riksbank votes no to base rate hike
Business & Money: 20 Apr 10
The Swedish Riksbank has decided to leave base interest rates unchanged at 0.25 percent, it was announced on Tuesday.
READ »
Hennes & Mauritz reports profits hike
Business & Money: 8 Apr 10
Swedish clothing retailer Hennes & Mauritz (H&M) has reported a lift in profits for the first fiscal quarter to 5.055 billion kronor ($690 million) as the firm confirmed plans to continue its global expansion.
READ »
Bilingual schools give kids the edge
Education: 7 Apr 10
How do you raise a child bilingual? The most effective method is to immerse them in the language from the youngest age possible, something Futuraskolan in Stockholm has been doing for nearly a decade.
READ »
Ericsson lands major Indian contract
Business & Money: 31 Mar 10
An already successful week for Swedish telecom giant Ericsson got better on Wednesday as it followed up two major China deals with a $1.3 billion contract to upgrade Bharti Airtel's mobile network in India.
READ »
Geely pledges major Volvo capital boost
Business & Money: 30 Mar 10
Chinese car maker Zhejiang Geely Holding has vowed to pump an extra $900 million dollars into Volvo Cars on top of the $1.8 billion purchase price in a bid to revive the Swedish brand's flagging fortunes.
READ »
Ericsson takes home massive Chinese orders
Business & Money: 29 Mar 10
Ericsson has signed two massive orders worth a combined $1.8 billion from China Mobile and China Unicom, according to a statement from the Swedish telecom company.
READ »
Geely to harness Swedish 'tiger' Volvo
Business & Money: 29 Mar 10
Likening Volvo to a caged beast, Chinese car maker Geely pledged on Sunday to 'liberate the tiger' onto the Asian powerhouse's burgeoning auto market after it signed a deal to acquire the brand from Ford.
READ »
Volvo sold to China's Geely
National: 28 Mar 10
Chinese car maker Zhejiang Geely Holding has signed a deal to buy Sweden's Volvo Cars from US auto maker Ford.
READ »
Sweden plans 2,000 wind turbines
Politics: 2 Mar 10
The Swedish government has announced plans for the construction of 2,000 wind turbines over the next ten years.
READ »
Swedes lead the world in tech usage: report
Science & Technology: 12 Feb 10
Swedes are the world's foremost users of information technology - such as mobile telephones, computers and networks - a new report shows.
READ »
Citizen protests block hotel expansion in heritage town
National: 7 Feb 10
An exclusive hotel in ancient Sigtuna is denied permission to expand after vigorous citizen protests. The town is regarded as a national heritage.
READ »
Finland to cede small slice of border territory to Sweden
Society: 28 Jan 10
Sweden is set to undergo a territorial expansion following a government decision on Thursday which will alter the border with Finland to Sweden’s advantage.
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H&M to open more stores on strong 2009 profits
Business & Money: 28 Jan 10
Swedish discount fashion retailer H&M saw its profits soar past expectations for the last quarter in 2009, causing its share price to rally in Thursday morning trading in Stockholm.
READ »
Expansion plans for Volvo production in China
National: 9 Jan 10
Chinese carmaker Geely, which is poised to acquire Swedish auto brand Volvo from US giant Ford, plans to expand the production of Volvo cars in China, according to media reports.
READ »
Ford confirms Volvo sale agreement
Business & Money: 23 Dec 09
US auto giant Ford confirmed late on Wednesday morning that an agreement has been reached to sell Volvo Cars to Zhejiang Geely Holding.
READ »
Swedish economy over the worst: report
Business & Money: 18 Dec 09
Sweden's economy is showing strong signs of recovery with tax cuts and low interest rates helping to bring the country out of a protracted slump, according to a new report from the National Institute of Economic Research.
READ »
Ikea company unveils rapid China expansion
Business & Money: 28 Nov 09
Inter Ikea Centre Group, (IICG) a sister company of the Swedish furniture retailer, has announced plans to build two new shopping centres in China, an investment worth $1,2 billion.
READ »
Gaelic invasion: It's football, Sven, but not as we know it
Lifestyle: 27 Nov 09
Ireland's national sport of Gaelic football is growing rapidly in Sweden and it isn't just the ex-pats who are sinking a few points, writes Patrick Reilly.
READ »
Swedes scramble to join new online movie service
Science & Technology: 11 Nov 09
A new service for watching movies over the internet for free has attracted more than a quarter of a million Swedes since its launch two weeks ago.
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Prison closures needed to keep authority afloat
National: 25 Oct 09
An overhaul of Swedish prisons will see 14 institutions affected by closures and cutbacks as the appointed authority is forced to juggle figures in line with its budget for 2010.
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Borg warns of pump priming debt mountain
Business & Money: 1 Oct 09
Sweden's finance minister Anders Borg warned EU leaders on Thursday that states cannot keep throwing good money after bad and called for a discussion to supervise the easing of expansionary fiscal policy.
READ »
Sweden looks to boost Afghanistan force
Politics: 30 Sep 09
Sweden wants to send more troops to Afghanistan after an assessment by the Armed Forces concluded that the current force of 500 soldiers is too small.
READ »
Meet Sanna, 9 years old
Sanna is one of 2 million people in Sweden under the age of 18. Sweden is seen as a good place to grow up. The law makes sure children are well-protected and defends their rights and any organizations work with children's well-being. Read more »
Strindberg, king of drama
August Strindberg's plays shocked society, dazzled audiences and revolutionized drama. A century after his death, Strindberg, with his powerful, timeless themes, is celebrated around the world. Read more »
The story of K Composite Magazine »
"I’m working on a couple long articles which will be posted here soon. While those are in the works, I thought I’d share this article and interview about my magazine, K Composite, which was recently published on the site Design-Milk.com. Enjoy! Scott Ritcher launched his now digitally glossy mag, K Composite, back when Macs were used..." READ »
- 23/5 16:27 Prime Minister Reinfeldt chats with The Local (The Local's Blog)
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