Scania
The following articles have been tagged with "Scania":
Eurovision superfans swarm southern Sweden
Society: 16 May 13
Eurofever has swept southern Sweden, with the most vocal voices coming from the Eurovision superfans. The Local's Patrick Reilly finds out some have travelled from the other side of the world.
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Gandhi 'helped Swedes' in India fighter jet bid
Business & Money: 8 Apr 13
A Swedish weapons group reportedly hired the late Indian Prime Minister Rajiv Gandhi to secure a fighter jet deal to India in the 1970s, reveal diplomatic cables released by WikiLeaks.
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Scania reports net profit loss after demand drop
Business & Money: 30 Jan 13
Swedish truck manufacturers Scania on Wednesday reported a 30-percent drop in net profits, claiming that low demand in Europe and the Middle East has hit the company hard in 2012.
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Wallenbergs give new life to Södertälje research
Science & Technology: 25 Jan 13
A year after Anglo-Swedish pharmaceuticals giant AstraZeneca announced the closure of its research facilities in Södertälje, south of Stockholm, officials are cheering plans to create a new research park financed in part by the powerful Wallenberg family.
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Swedes in massive buried treasure find
Science & Technology: 30 Nov 12
Archaeologists have uncovered over 1,000 silver coins dating back to the 1600s in a field in southern Sweden, treasure believed to have been buried by rich and worried farmers in during the Scanian War.
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Ex-Scania managers charged over Iraq deal
Business & Money: 15 Nov 12
Two ex-managers for the Swedish truck maker Scania have been charged with violating UN sanctions against the Saddam Hussein regime in Iraq, Sweden announced on Wednesday.
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Former MAN chairman named new Volvo CEO
Business & Money: 19 Oct 12
Volvo Cars board member Håkan Samuelsson, who previously served as chairman of German truckmaker MAN, has been named the new Volvo CEO, taking over from current head Stefan Jacoby who suffered a stroke in September.
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Ancient tomb found at 'Sweden's Stonehenge'
Society: 15 Oct 12
Archaeologists in southern Sweden have unearthed what is presumed to be a 5,000-year-old dolmen, or a portal tomb, near the megalithic monument Ale’s Stones, sometimes referred to as "Sweden's Stonehenge".
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Player death threat puts Swedish hooliganism back in focus
Lifestyle: 26 Sep 12
With football officials still reeling from a match in southern Sweden in which supporters called for the death of an opposing player, contributor Patrick Reilly takes a first-hand look at football hooliganism in Skåne.
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Saab logo left out as new model announced
Business & Money: 3 Sep 12
The new owners of bankrupt Swedish automaker Saab plan to launch their first model in 2014, they announced on Monday, and while the cars can be called Saabs, they will lack the brand's famed griffin logo.
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New Saab owners will not get rights to logo
Business & Money: 16 Aug 12
Truck maker Scania announced Thursday that the new owners of Saab will not get the rights to the iconic Saab logo.
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Scania appoints Lundstedt as new CEO
Business & Money: 3 Jun 12
Martin Lundstedt has been appointed to take over the reins as president and CEO of Swedish heavy-truck maker Scania, the company announced on Saturday.
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Bumblebee researchers 'threatened' by bee fans
Science & Technology: 3 May 12
British researchers who have come to Sweden to take bumblebees back to England have been threatened by bee-enthusiasts, who believe that Sweden’s bee population risks extinction.
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Downshift in profits for truckmaker Scania
Business & Money: 24 Apr 12
Swedish heavy-truck maker Scania, owned by Volkswagen, announced on Tuesday that its first-quarter profit had fallen by 28 percent owing to weaker demand and high development costs.
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Volvo execs convicted for Saddam-era bribes
Business & Money: 4 Apr 12
Two former Swedish executives with Volvo's construction equipment subsidiary were convicted on Tuesday for paying bribes to the regime of Saddam Hussein to bypass restrictions related to the United Nations’ Oil-for-Food Programme.
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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?
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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.
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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.
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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.
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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.
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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.
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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.
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'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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Koenigsegg buys Saab: confirmed
National: 16 Jun 09
Saab Automobile is to be sold to Swedish sports car maker Koenigsegg, Saab has confirmed.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Scania's sporting facilities keep workers on their toes
Lifestyle: 29 Apr 08
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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.
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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.
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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.
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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.
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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.
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Scania and Ericsson see shares tumble
Business & Money: 4 Mar 08
Shares in Scania and Ericsson plummeted on the Stockholm stock exchange on Tuesday.
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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.
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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.
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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.
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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.
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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.
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Strong earnings for Scania in 2007
Business & Money: 6 Feb 08
The truckmaker sees the good times rolling along into 2008 and 2009.
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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.
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MAN 'still interested in Scania'
Business & Money: 23 Nov 07
German truck maker MAN has said it wants to grow fast through acquisitions.
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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.
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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.
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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.
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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.
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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.
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'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.
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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.
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