Investor

The following articles have been tagged with "Investor":

Two Swedes named on world rich list

Business & Money: 11 Mar 10
Two Swedes have been named among the richest people in the world, according to the latest Forbes ranking which places Mexican telecom magnate Carlos Slim at the top of the pile. READ »

Investor buys big in defence concern Saab

Business & Money: 5 Mar 10
The Wallenberg-family controlled firm Investor has purchased 11.2 million b-shares, 10.2 percent of the capital, in defence concern Saab. The price tag comes in at 1.1 billion kronor ($150 million). 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 »

Krona hits 14-year high against pound

Business & Money: 2 Mar 10
Tourists from Sweden are set to benefit this spring as the krona continues to strengthen against major global currencies. READ »

Motivation key to mastering Swedish

Lifestyle: 24 Feb 10
Sponsored Article: After a string of failed attempts to find a Swedish teacher to suit, British businessman David Brodetsky found the right fit at Företagsuniversitetet. READ »

Defence firm Saab returns to profitability

National: 14 Feb 10
Saab Automobile has been losing money for years. But the separate Saab military products company is posting nice profits, though not quite meeting market expectation. READ »

Spyker chief upbeat as EIB approves Saab loan

National: 12 Feb 10
The European Investment Bank has given the all clear for the completion of a €400 million loan to Saab Automobile. READ »

Peak prices for Swedish mountain holiday homes

Business & Money: 2 Feb 10
Mountain lodges in a prime Swedish ski resort have grown in value by a whopping 153 percent since 1991, new figures show. READ »

Sky darkens over Spyker-Saab funding

Business & Money: 2 Feb 10
Spyker CEO Victor Muller is missing a third of the funds required to complete the purchase of Saab from GM as questions mount over the secret financiers rumoured to be backing the deal. READ »

Government probe halted Saab-Spyker deal

National: 30 Jan 10
An investigation ordered by the Swedish government into the workings of Spyker and its Russian investors landed on the desk of the FBI and put a temporary stop to the Saab deal being reached. READ »

Saab enters new era

Business & Money: 26 Jan 10
Saab Automobile has been rescued from extinction as owner General Motors agrees to sell the iconic Swedish brand to Dutch sports car maker Spyker. READ »

Trading in Spyker halted on Dutch exchange

Business & Money: 26 Jan 10
Trading in Dutch sports car maker Spyker has been halted on the Euronext Amsterdam stock exchange as speculation mounts about a takeover of Saab Automobile. READ »

Dutch billionaire could save Saab: report

Business & Money: 25 Jan 10
Dutch billionaire businessman Marcel Boekhoorn has upped his investment in Saab suitor Spyker, replacing the Russian bankers who represented a stumbling block to the deal for General Motors, according to Swedish media reports. READ »

Last-ditch Swedish effort to save Saab

National: 10 Jan 10
The Swedish Government has evidently not given up hope that the ailing Swedish-based Saab Automobile can be saved, as a delegation makes its way to General Motors headquarters in Detroit. READ »

Spyker confirms revised Saab bid

National: 8 Jan 10
Dutch sports car maker Spyker has confirmed that it submitted a renewed bid for Saab Automobile before the expiry of General Motors' Thursday evening deadline. READ »

SAS in talks over stake in Estonian airline

Business & Money: 8 Jan 10
Representatives from Nordic airline SAS will meet with Estonian government officials next week who have called for talks to discuss a state takeover of SAS's holding in Estonian Air. READ »

Spyker to submit third Saab bid: report

National: 7 Jan 10
Dutch luxury car maker Spyker is planing to approach General Motors on Thursday with a third bid for the US car maker's Swedish unit Saab Automobile, according to media reports. READ »

Takeover bid sees Ticket trading halted

Business & Money: 5 Jan 10
Trading in shares of the Ticket travel company was halted on the Stockholm stock exchange on Tuesday morning after the company’s stock price shot up 22 percent on rumours of a takeover bid by the firm's primary owner. READ »

Saab lovers to GM: don't shut Saab down

Business & Money: 4 Jan 10
Saab enthusiasts in North America are heading to Detroit in hopes of urging General Motors to sell the Swedish automaker instead of shutting it down as Dutch luxury carmaker Spyker puts the finishing touches to a final bid. READ »

GM unlikely to accept new Spyker bid: report

Business & Money: 3 Jan 10
Although it has extended the deadline to close the deal for Saab until January 7th, American automaker General Motors (GM) is reportedly poised to reject two revised bids for its Swedish car brand, according to Bloomberg News. READ »

GM extends deadline for Saab sale: report

Business & Money: 30 Dec 09
General Motors has extended its December 31st deadline for the sale of Saab Automobile, according to a Saab official. Meanwhile, Swedish unions have turned to Washington for help in urging GM to sell the Swedish automaker. READ »

Spyker chief 'very optimistic' over Saab bid

National: 29 Dec 09
Saab suitor Spyker remains hopeful that it can snap up the iconic brand from General Motors despite previous reports of a rebuttal from the Swedish car maker's US owner. READ »

Swedish unions upbeat after Spyker talks

National: 22 Dec 09
Representatives for two of Sweden's formost trade unions met with with Spyker on Monday to discuss the Dutch sports car maker's last gasp bid for GM's beleaguered Saab Automobile unit. READ »

Mystery Dutch billionaire behind Spyker bid: report

Business & Money: 22 Dec 09
A Dutch billionaire is the main financier behind Spyker's latest bid for Swedish automaker Saab, according to several insider sources. READ »

Spyker extends Saab deal deadline

National: 21 Dec 09
Dutch car maker Spyker has dropped its Monday evening bid deadline and remains in talks with General Motors over the possible purchase of Saab. Sweden's government has pledged to aid Saab workers if the deal falls through. READ »

Spyker and GM in last ditch Saab talks

National: 21 Dec 09
The head of Dutch sports car maker Spyker met with General Motors on Monday afternoon in a final attempt to convince the US auto company to sell Saab Automobile, the iconic Swedish brand facing an imminent wind-down. READ »

Analysts wary of Spyker bid amid crisis talks

National: 21 Dec 09
Sweden's government held crisis talks with union representatives in Stockholm on Monday as the clock ticks down on Saab Automobile's stay of execution. READ »

No deal with Spyker due to Russian owner

National: 19 Dec 09
An insider source with information about the Saab closure claims that US car maker General Motors did not sell its Swedish unit to Dutch Spyker due to concern about too many inconsistencies surrounding Russian joint owner Vladimir Antonov. READ »

Eriksson to stay with Notts County despite Backe's departure

Sport: 16 Dec 09
Sven-Göran Eriksson has vowed to continue as director of football at English fourth-tier side Notts County despite the decision by fellow Swede Hans Backe to quit as the club's trainer. READ »

New buyer interest to bid in Volvo sale

National: 21 Nov 09
A further two consortiums are set to compete with China’s Geely, the front runner to purchase Volvo Cars from Ford, and are expected to submit offers in the coming week. READ »

Payback unlikely for Swedes swindled by bogus brokers

Business & Money: 18 Nov 09
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 »

EU expresses Russia human rights concerns

Politics: 18 Nov 09
Swedish prime minister Fredrik Reinfeldt expressed concern on Wednesday over human rights deficiencies in Russia. Reinfeldt, whose country holds the rotating EU presidency, was speaking at the end of an EU-Russia summit. READ »

Sweden completes pharmacy sell-off

Business & Money: 9 Nov 09
Sweden has secured buyers for some 465 pharmacies up for sale as part of the demonopolization of the country's retail drug market. READ »

Estonia agrees to repay emergency Swedbank loan

Business & Money: 29 Oct 09
Swedbank learned on Thursday that the government of Estonia was planning to repay the €50 million ($74 million) it borrowed from the Swedish bank to help it through the country’s economic crisis. READ »

Electrolux profits in high speed spin

Business & Money: 26 Oct 09
Swedish white goods maker Electrolux beat market expectations with strong profits announced on Monday. But the firm also said it would close two plants in Iowa as part of its cost-cutting scheme. READ »

Profits up at Sweden's Investor

Business & Money: 13 Oct 09
Swedish investment group Investor turned a profit in the third quarter, the company reported on Tuesday, capitalizing on global financial markets’ decreased volatility. READ »

Swedish firm snaps up Russian farmland

Business & Money: 12 Oct 09
A Swedish company is aiming to help meet the world's growing grain needs by buying up vast swathes of highly arable "black earth" land in Russia. READ »

Suitor admits Pirate Bay purchase in peril

Science & Technology: 7 Oct 09
Global Gaming Factory admitted on Wednesday that its planned purchase of The Pirate Bay file sharing site is in danger of falling apart. READ »

TeliaSonera to increase stake in Estonian telecoms firm

Business & Money: 23 Sep 09
Estonia is set to sell its share of leading telecommunications provider, Eesti Telekom, to Nordic group TeliaSonera. READ »

Pirate Bay buyer faces bankruptcy

Science & Technology: 18 Sep 09
A creditor of Global Gaming Factory X, the potential buyer of The Pirate Bay site, has asked a court in Stockholm to declare the company bankrupt. READ »

Stock exchange gives Pirate Bay suitor the boot

Science & Technology: 10 Sep 09
Global Gaming Factory, the Swedish tech company which is set to purchase The Pirate Bay file sharing site, has been thrown out of the Aktietorget stock exchange, further jeopardizing the proposed deal. READ »

Shanghai car maker to join Saab deal: report

National: 8 Sep 09
Koenigsegg Group has informed the Swedish government that it has put together the financial package necessary to purchase Saab Automobile, while a Swedish business paper reports that a Chinese firm is also set to invest. READ »

GM to fill Saab funding hole: report

Business & Money: 2 Sep 09
The Koenigsegg Group has found new investors to enable it to complete the purchase of ailing car maker Saab Automobile. Current owner GM has also said it will help fund the purchase, according to Swedish media reports. READ »

Pirate Bay suitor: 'Deal done next week'

Business & Money: 28 Aug 09
Global Gaming Factory (GGF) insists it will seal a deal to take over file sharing Site before the end of next week despite questions from financial regulators about how it intends to finance the purchase. READ »

Investors abandon Pirate Bay suitor

Business & Money: 27 Aug 09
Global Gaming Factory X (GGF), the firm that wants to take over the Swedish file sharing site The Pirate Bay, has been roundly criticised by market watchers for not being able to prove that it has the money for the purchase. READ »

Pirate Bay buyer faces criminal investigation

Business & Money: 24 Aug 09
Swedish police have launched an investigation into allegations of financial irregularities surrounding Global Gaming Factory X, the firm planning to purchase file-sharing site The Pirate Bay. READ »

Former parent 'not interested' in Volvo Cars

Business & Money: 17 Aug 09
Volvo Cars' one-time parent company Volvo Group has thrown cold water on claims that it is mulling membership of a consortium working to bring the auto maker back to Sweden. READ »

Swedish consortium enters battle for Volvo

Business & Money: 15 Aug 09
A new consortium dominated by Swedish owners has at the last minute joined in the battle to purchase Volvo Cars from Ford, according to media reports. READ »

Swedish property market at ten-year low

National: 12 Aug 09
The Swedish commercial property market has ground to a halt with completed deals at a ten-year low. The private residential market has returned to normal however. READ »

Music biz snapped up Spotify shares

Business & Money: 7 Aug 09
Several major record companies bought up almost one fifth of the shares in the rapidly expanding Swedish online music streaming service Spotify prior to the company's public launch, new documents reveal. READ »

Chinese firm close to Volvo Cars bid: report

Business & Money: 6 Aug 09
Chinese automaker Geely is putting the finishing touches to a bid to become a majority owner of Volvo Cars as head of a consortium that will also include an undisclosed Swedish investor, business daily Dagens Industri reports. READ »

Fresh capital to help fund Spotify's US expansion

Business & Money: 4 Aug 09
Sweden’s Spotify hopes to use a major new investment to help the company expand its online music service in the United States, according to new reports. 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 »

Pirate Bay purchase 'on schedule': buyer

Science & Technology: 30 Jul 09
The board of Global Gaming Factory X have confirmed that the purchase of Swedish file sharing website The Pirate Bay will be completed as planned on August 27th. READ »

Eriksson finds new role in lower ranks of English football

Sport: 22 Jul 09
Embattled Swedish football manager Sven-Göran Eriksson said money had nothing to do with his decision so sign on ss director of football with English Division Two club Notts County. READ »

'Svennis' in talks with world's oldest football club: report

Sport: 21 Jul 09
Former England and Manchester City boss Sven-Göran 'Svennis' Eriksson is in talks with English Division Two club Notts County about becoming director of football, according to reports in the British press on Tuesday. READ »

Fraud lands 'mafia's banker' in prison

National: 17 Jul 09
A 46-year-old man known as the 'mafia's banker' has been convicted for defrauding investors of more than 116 million kronor ($14.7 million) has been sentenced to at least six years in prison. READ »

Investor sees profits bounce back

Business & Money: 14 Jul 09
Despite strong second-quarter profits at Investor, the CEO of the Swedish holding company said Tuesday he doesn’t expect the global economy to rebound quickly. READ »

Sweden seeks EU-South Korea trade deal by 2010

Politics: 14 Jul 09
Sweden’s Prime Minister Fredrik Reinfeldt said Monday that the European Union and South Korea could conclude a free-trade agreement (FTA) by year’s end. READ »

Ericsson inks 'game changing' US deal

Science & Technology: 10 Jul 09
Sweden’s Ericsson has signed a contract with Sprint Nextel worth up to $5.0 billion to take over daily management of the US telecom group’s network, Ericsson announced on Thursday. READ »

US embassy expands 'A-List' of Swedish clean tech firms

Business & Money: 30 Jun 09
Three Swedish companies have been added to the US embassy’s list of promising clean tech companies, with the embassy's work promoting US-Swedish clean-energy cooperation set to continue under the new ambassador. READ »

Questions abound in Sweden after Saab sold to Koenigsegg

Analysis & Opinion: 17 Jun 09
After General Motors announced plans to sell its lossmaking unit Saab to luxury sportscar maker Koenigsegg, questions abounded in Sweden over what the future holds for Saab, writes AFP's James Franey. 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 »

Koenigsegg 'confident' of Saab rescue

National: 14 Jun 09
Koenigsegg, the Swedish luxury sports carmaker set to buy Saab Automobile from US firm General Motors, is confident that the company can be rescued, the firm's co-owner said on Saturday. READ »

Koenigsegg 'no wet dream' for Saab: expert

Business & Money: 12 Jun 09
Despite the excitement generated by Thursday’s news that Swedish supercar manufacturer Koenigsegg was set to buy Saab, a number of automotive journalists in Sweden remain sceptical. READ »

Sports car maker buys Saab: report

Business & Money: 11 Jun 09
Sporty Swedish car maker Koenigsegg has teamed up with a group of Norwegian investors to buy Saab from General Motors, according to Swedish media reports. READ »

Reporter fired over Hells Angels contacts

Society: 4 Jun 09
The Expressen newspaper has sacked its US correspondent following revelations that he had close contact with the former leader of the Hells Angels motorcycle gang in Sweden, Thomas Möller. READ »

Saab requests for more time to restructure

Business & Money: 20 May 09
Saab Automobile on Tuesday asked a Swedish court for additional time to restructure in preparation for a sale by its US-based owner General Motors. READ »

Saab targeted by 12 buyers: union leader

Business & Money: 30 Apr 09
As many as to 12 potential buyers are still in contention to purchase Saab Automobile nearly two months after its struggling US owner General Motors said it wanted to sell the Swedish automaker. READ »

SAS posts new loss after 'horrifying' year

Business & Money: 28 Apr 09
Scandinavian Airlines (SAS) saw its troubles deepen on Wednesday as it posts a loss for the sixth quarter in succession. READ »

Sweden's Investor cuts losses

Business & Money: 15 Apr 09
Swedish holding company Investor reported net losses of 3.02 billion kronor ($368 million) for the first quarter on Wednesday. The firm's CEO forecast continued economic turbulence in 2009. READ »

Capital markets show signs of easing

Business & Money: 14 Apr 09
Several major Swedish firms have been able to attract capital in the spring, according to a new market survey. For smaller firms capital markets remain closed, however. READ »

Baltic banking crisis damages SEB standing

Business & Money: 8 Apr 09
Moody's ratings agency has downgraded its rating of SEB due to the Swedish bank's exposure to the financial crisis in Lithuania, Latvia and Estonia. READ »

H&M sees profits buckle

Business & Money: 26 Mar 09
Sweden's clothing retail giant H&M has seen its profits plunge by 12.4 percent in the first quarter to 2.577 billion kronor ($321 million). READ »

Sony Ericsson issues profit warning

Business & Money: 20 Mar 09
Mobile phone maker Sony Ericsson warned investors on Friday that its first quarter profits wouldn’t meet expectations. READ »

Saab announces Trollhättan layoffs

Business & Money: 12 Mar 09
Saab Automobile has given notice to 750 employees that their jobs at the company’s Trollhättan facilities in central Sweden may be cut. READ »

Swedish group among Volvo bidders: report

Business & Money: 10 Mar 09
A group of Swedish-led investors may be preparing a bid to buy Volvo Cars, according to a media report. READ »

Investor boss gets big pay packet

Business & Money: 9 Mar 09
The chief executive of Investor, the holding company of the Wallenberg family, received a pay packet worth 15.4 million kronor for 2008, despite the company posting a loss of 37 billion kronor. READ »

Baltic shadow over Sweden's banks

Business & Money: 5 Mar 09
Sweden's banks, especially SEB and Swedbank, are basically solid but are badly exposed to the troubled Baltic economies, Moody's ratings agency said on Thursday. READ »

Netball club sets new goals in Sweden

Sport: 4 Mar 09
Sweden is something of a haven for indoor sports, with floorball already established as a popular institution. Netball on the other hand has yet to grip the popular imagination, but a new club in Stockholm is doing all it can to take the sport out of the shadows. READ »