Sweden edition

Vattenfall

The following articles have been tagged with "Vattenfall":

Storm ‘Emil’ barrels north over Sweden

National: 4 Jan 12
Swedish authorities have closed off bridges and cancelled rail traffic in southern and western parts of the country after forecasters issued warnings about a new storm heading in over the already wind-whipped country. READ »

Sweden struggles with wrath of storm Dagmar

Science & Technology: 27 Dec 11
Close to 40,000 homes across Sweden remained without power on Tuesday midday and many rail passengers were still stranded in the wake of storm “Dagmar”, which tore through the country over the Christmas holiday weekend. READ »

Accidents aplenty as snow hits Sweden

Science & Technology: 9 Dec 11
Icy roads and harsh weather conditions have caused several accidents on Swedish roadways over night, resulting in at least one fatality, and left thousands of residents without power. READ »

Storm 'Berit' leaves 80,000 without power

National: 28 Nov 11
Some 80,000 households remained without electricity in southern Sweden on Monday morning in the wake of the weekend's storm, while rail and air traffic continued to suffer disruption. READ »

'Vacuum cleaner' behind Swedish nuke plant fire

Science & Technology: 13 Nov 11
The fire in reactor 2 at nuclear power plant Ringhals, south of Gothenburg, will cost roughly 1.8 billion kronor ($267 million) in lost profits, reports and was caused by a forgotten vacuum cleaner. READ »

Burning magpie causes major Swedish blackout

Society: 7 Nov 11
A major power outage struck parts of south eastern Sweden on Sunday evening after a rogue magpie had flown into a relay plant and caught on fire. READ »

Vattenfall suing Germany over nuke phaseout

Business & Money: 3 Nov 11
Sweden's state-owned energy giant Vattenfall is reportedly planning to file suit against the German government over the closure of its nuclear power plants. READ »

The Sweden Democrats - a year in the Riksdag spotlight

Analysis & Opinion: 29 Sep 11
A year has passed since the Sweden Democrats became Sweden’s newest parliamentary party and The Local’s Peter Vinthagen Simpson has a look at what has been achieved, what has not and what has changed. READ »

'Hurricane' Katia fells trees, disrupts traffic

National: 14 Sep 11
Trees were felled to the ground, train traffic was halted, and thousands were left without power as the remnants of Hurricane Katia swept through Sweden on Tuesday. READ »

Vattenfall sheds Polish operations

Business & Money: 24 Aug 11
Swedish state-owned energy giant Vattenfall announce don Tuesday that it had reached a deal to sell two subsidiaries in Poland for €1.8 billion ($2.6 billion), signalling its exit from the country. READ »

Vattenfall hit by German nuclear phase out

Business & Money: 28 Jul 11
Swedish state-owned energy concern Vattenfall on Thursday announced a massive net loss in the second quarter, blaming the decision in Germany to phase out nuclear power. READ »

Vattenfall 'worst' nuclear power firm in Europe

Business & Money: 20 Jun 11
Sweden' state-owned energy company Vattenfall has the worst performance among 27 European nuclear power operators, according to a report from the United Nations energy agency. READ »

Vattenfall 'may gain' from German nuclear move

Business & Money: 7 Jun 11
Swedish energy giant Vattenfall may end up benefiting from a recent decision by Germany to ditch nuclear power, according to the company's CEO. READ »

Tornadoes leave northern Sweden reeling

Science & Technology: 5 Jun 11
Tornadoes and rough winds wreaked havoc yesterday in the north of Sweden on Saturday, tearing down a large number of trees, blocking roads and cutting off thousands of households' power. 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 »

Sweden critical of German nuclear decision

Politics: 30 May 11
Sweden's environment minister Andreas Carlgren has criticised Germany's decision to decommission its nuclear power stations by 2022 as "unrealistic", predicting that it will be forced to import nuclear power from EU partners. READ »

Nordström proposed as new Vattenfall boss

Business & Money: 20 May 11
Former post office head Lars G Nordström has been proposed as the new Vattenfall head, when the company elects its third chairman in as many years. READ »

Vattenfall stops German green fund payments

Business & Money: 10 Apr 11
The German subsidiary of Swedish state owned energy company Vattenfall announced plans to stop payments to a German environmental fund due to the German government’s review of its nuclear policy. READ »

Olofsson denies knowing of Vattenfall payouts

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

Wind storm wipes out Stockholm train service

National: 7 Apr 11
Gusty winds brought train traffic to a standstill in Stockholm on Thursday afternoon, and also left thousands of Swedes without power in the south of the country. READ »

Vattenfall bosses in 90 million kronor pay offs

Business & Money: 3 Apr 11
The Swedish state-owned energy utility Vattenfall has paid out more than 90 million kronor in severance pay to three German executives, reported newspaper Sydsvenskan. READ »

Olofsson in the dark over Vattenfall pay off

National: 26 Mar 11
The Swedish government has denied that it, or enterprise minister Maud Olofsson, had any knowledge of the golden parachute payment that led to the sacking of Vattenfall chair Lars Westerberg last week. READ »

Vattenfall board in corruption unit probe

National: 24 Mar 11
Sweden's National Anti-Corruption Unit is to investigate whether to open a case against the board of energy firm Vattenfall, after revelations of the 12 million kronor ($1.9 million) golden parachute payment to the former CEO. READ »

Vattenfall chair goes over CEO pay scandal

Business & Money: 18 Mar 11
Lars Westerberg, the chair of the board of Swedish state-owned energy firm Vattenfall, is to be replaced after revelations concerning extra remuneration to the outgoing CEO. READ »

Swedish house scuppers privatisation plans

Politics: 16 Mar 11
The Swedish Alliance coalition government has lost the right to sell off stakes in a slew of state-owned companies after a parliament decision on Wednesday afternoon, suffering its most high profile setback since regaining power. READ »

Riksdag moves to stop Swedish state sell-offs

Business & Money: 1 Mar 11
A Riksdag committee said on Tuesday that it wants to halt the sale of the state's shares in a number of state-owned companies, reversing a previous decision giving the government a mandate to do so. READ »

Deep freeze set to hold for several weeks

National: 15 Feb 11
The icy temperatures which have swept across Sweden in recent days are set to persist for a couple of weeks, according to the latest forecasts. READ »

Sweden raises 19 billion kronor from Nordea sale

Politics: 4 Feb 11
The Swedish government confirmed on Friday that it had raised 19 billion kronor ($2.94 billion) on the sale of 255 million of its shares in Nordic banking giant Nordea. READ »

Sweden set to reduce stake in Nordea

Politics: 3 Feb 11
The Swedish government announced on Thursday its intention to sell more than 250 million shares of its holdings in Nordea bank. READ »

Alliance faces defeat in sale of state-owned firms

Business & Money: 21 Jan 11
Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion to stop or restrict the sale of state-owned enterprises. READ »

Top Swedish execs hire bodyguards over threats

National: 14 Jan 11
An increasing number of Sweden's top business executives are hiring bodyguards as the threat and risk of robbery and extortion grows in the country. READ »

Sweden in 'coldest December in 100 years'

Science & Technology: 17 Dec 10
Sweden is experiencing its coldest December in more than a century, according to meteorologists, as the country wrestles with the effects of another snowstorm which forecasters say isn’t over yet. READ »

Vattenfall invests in North Sea wind farm

Science & Technology: 21 Oct 10
Sweden’s state-owned Vattenfall energy group plans to invest about one billion euros ($1.4 billion) to build a massive offshore wind farm in the North Sea, the company announced on Thursday. 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 »

Introducing the Left

Analysis & Opinion: 9 Sep 10
Here's a look at the Left Party, bidding to assume power within the centre-left Red-Green coalition. READ »

Introducing the Alliance

Analysis & Opinion: 6 Sep 10
Here's a look at the centre-right Alliance, which is looking to win another term as Sweden's ruling coalition. READ »

Profits soar for Sweden's state-owned companies

Business & Money: 3 Sep 10
Sweden’s state owned companies are set to earn record-breaking profits this year, although not every company has had a stellar 2010. READ »

Alliance touts tax cuts in election manifesto

Politics: 26 Aug 10
The ruling Alliance coalition has promised its fifth in-work tax credit if it wins the election next month, it promised as it rolled out its manifesto on Thursday. READ »

Borg calls for renewed privatization drive

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

Centre calls for partial Vattenfall privatisation

Science & Technology: 1 Aug 10
Centre Party leader and energy minister Maud Olofsson is urging Sweden to sell off sections of state-owned energy giant Vattenfall in order to generate capital to be invested in the development of cutting edge energy solutions. READ »

Vattenfall plant tests CO2-scrubbing algae

Science & Technology: 22 Jul 10
Swedish energy group Vattenfall announced on Thursday that has launched a major pilot project using algae to absorb greenhouse gas emissions from a coal-fired power plant in eastern Germany. READ »

State-owned companies jump in value

Business & Money: 2 Jul 10
The 57 Swedish state-owned firms are estimated to have increased their total worth by 24 percent or 120 billion kronor ($15.77 billion) to 620 billion kronor in 2009, according to new government estimates. READ »

Court fines Greenpeace nuclear activists

National: 1 Jul 10
A Swedish court on Thursday fined 29 Greenpeace activists who broke into a nuclear power plant earlier this month. READ »

Green Party favours selling parts of Vattenfall

Business & Money: 18 Jun 10
Green Party spokesman Peter Eriksson believes that state power company Vattenfall is a major problem and is willing to sell off parts of the company. READ »

Sell more state-owned companies: party

Politics: 10 Jun 10
The Christian Democrats believe the government should continue selling off state-owned companies. READ »

German writedown cuts Vattenfall's Q1 income

Business & Money: 29 Apr 10
Vattenfall announced a larger-than-expected writedown from the sale of a German unit in its Q1 interim report. The Swedish power giant did however earn large profits from this winter's high electricity prices. READ »

TeliaSonera approves government bonus ban

Politics: 8 Apr 10
Swedish-Finnish telecom firm TeliaSonera voted at its AGM on Wednesday to ban bonuses for senior staff after a proposal from the Swedish state's representative. READ »

Vattenfall sells German power grid

Business & Money: 12 Mar 10
Swedish energy firm Vattenfall announced the sale on Friday of its German power grid to Belgium's Elia and Australian investment fund IFM for $1.1 billion. READ »

Winter chill means scorching electrical bill

National: 6 Feb 10
Swedish homeowners with electrical heating can expect a whopping bill for January for up to around 2,000 kronor ($280) higher than if the weather had been “normal”. READ »

Skavsta reopens for air traffic

National: 3 Feb 10
All traffic in and out of Skavsta airport has come to a halt as heavy snow covers takeoff and landing strips and strong winds make flying treacherous. The harsh weather has also led to a number of school closures. READ »

Centre Party support hits all time low: poll

Politics: 15 Jan 10
Voter support for the government alliance Centre Party has taken a significant downturn according to a new survey which puts the opposition in a commanding lead at the start of the election year. READ »

Vattenfall wins joint bid to build world's biggest wind farm

National: 9 Jan 10
Sweden's state-owned energy company is set to build a huge offshore wind farm in the UK in partnership with a Spanish energy giant. READ »

Electricity prices soar as temperatures plummet

Business & Money: 7 Jan 10
Electricity prices in Sweden continue to rise in the wake of the prolonged spell of subzero temperatures across much of the country. READ »

Cold spell puts Swedish homes in the dark

National: 6 Jan 10
A cosy night at home ended in a blackout for around 14,500 people in central Sweden on Tuesday evening when the pressure to keep warm caused mass power cuts. READ »

7,000 without power in western Sweden

National: 27 Dec 09
Heavy snowfall left many around the country without electricity on Boxing Day. Around 7,000 of Vattenfall's customers in western Sweden experienced power outages. READ »

State-run company chiefs enjoy wage hike

Business & Money: 20 Nov 09
Earnings of the bosses of Sweden’s ten biggest state-run companies rose an average of 36 percent between 2004 and 2008, while employees had to settle with a 15 percent increase during the same period. READ »

Norwegian named as new Vattenfall CEO

Business & Money: 16 Nov 09
Sweden’s Vattenfall has picked a successor to take over from current CEO Lars G. Josefsson, who has been under fire following a string of controversies at the state-owned energy giant. READ »

Vattenfall: New CEO named within weeks

Business & Money: 13 Nov 09
State-owned energy giant Vattenfall has confirmed that the search to replace CEO Lars G Josefsson could be concluded wihin a matter of weeks. READ »

Pressure mounts on Vattenfall CEO

Business & Money: 13 Nov 09
The Seko union has announced its withdrawal from the board of Swedish state-owned energy firm Vattenfall stating that it no longer has confidence in the company's CEO, Lars G Josefsson. READ »

Vattenfall to sell Swedish power grid: report

Business & Money: 11 Nov 09
Swedish state-owned power company Vattenfall wants to sell its Swedish electricity network to bring in funds for investment in nuclear power in Britain. READ »

Vattenfall mulls new Swedish nuke plants

Business & Money: 30 Oct 09
Swedish state-owned power firm Vattenfall on Friday unveiled plans which could result in the construction of a new nuclear power station. READ »

Activists dump tonnes of coal in Vattenfall protest

Politics: 28 Oct 09
Activists from Greenpeace dumped 18 tonnes of German coal in front of Sweden’s government offices in Stockholm on Wednesday as a protest against Swedish state-owned coal plants abroad. READ »

Sweden raps Vattenfall over recent scandals

Business & Money: 23 Jul 09
Following a wave of scandals surrounding Vattenfall, the Swedish government has demanded concrete measures be taken by the board of the state-owned nuclear operator. READ »

Merkel attacks Vattenfall over reactor

Science & Technology: 20 Jul 09
German Chancellor Angela Merkel has hit out at Swedish state-owned nuclear operator Vattenfall on Sunday over a series of problems at an ageing reactor near Hamburg. READ »

More safety concerns for Vattenfall reactor in Germany

Business & Money: 10 Jul 09
Sweden’s Vattenfall suffered another setback on Thursday as the company announced it would carry out additional checks of suspected faulty fuel rods at a nuclear power station it operates in Germany. READ »

Sweden's biggest nuke plant under observation

Science & Technology: 8 Jul 09
Nuclear officials ruled on Wednesday to place the Ringhals plant in southwestern Sweden under observation following several recent incidents that risk jeopardizing security. READ »

Vattenfall suffers German nuclear setback

Business & Money: 8 Jul 09
Swedish energy company Vattenfall has been rocked by news that one of its major nuclear power plants in Germany is to be taken out of operation for almost a year following a safety scare at the weekend. READ »

Vattenfall takeover of Dutch utility wins shareholder approval

Business & Money: 18 Jun 09
Swedish power company Vattenfall’s €8.5 billion ($12 billion) friendly takeover of Dutch utility Nuon was approved by Nuon shareholders on Wednesday. READ »

100,000 lose power after Stockholm fire

National: 1 Jun 09
Up to 100,000 Stockholm households were left without electricity on Sunday night following a series of networks faults and a fire at a transformer station. READ »

Activists buzz Vattenfall CEO with paint bombs

Society: 29 Apr 09
Several masked assailants threw paint grenades at Vattenfall CEO Lars G. Josefsson on Wednesday, interrupting a press conference during which he was set to present the state-owned power company’s interim results. READ »

Break down in talks on Swedish energy policy

Politics: 27 Feb 09
Joint talks on Sweden’s future energy policy between the government and the opposition have been called off, energy minister Maud Olofsson announced on Thursday. READ »

'Nazi' signs rile local politicians

Society: 26 Feb 09
A local power utility in the small town of Övertorneå in northern Sweden has riled local politicians with a campaign directed at the local branch of the Social Democrat party. READ »

Vattenfall buys Dutch energy company

Business & Money: 23 Feb 09
Sweden’s Vattenfall announced Monday it has offered €8.5 billion ($10.9 billion) for Netherlands-based Nuon in a deal that would “create a leading European energy company”. READ »

Thousands still without electricity

National: 14 Dec 08
Thousands of households in areas of northern Sweden were still without electricity on Sunday morning. Heavy snow and thick layers of ice are hampering repair work. READ »

Thousands lack power after heavy snow

National: 13 Dec 08
After heavy snowfalls across Sweden on Friday thousands of people were left without electricity on Saturday morning. Icy road conditions were forecast for Saturday in Stockholm and northern areas. READ »

Vattenfall to power electric car tests

Business & Money: 25 Nov 08
Swedish energy group Vatenfall is joining with German carmaker BMW to launch a pilot project in Berlin next year to test the feasibility of electric cars, the companies announced on Tuesday. READ »

Winter storm blows over Sweden

National: 24 Nov 08
Traffic problems, flight delays and power outages were left in the wake of Sweden’s first major winter storm, which headed out to the Baltic Sea early on Monday morning boasting hurricane force winds. READ »

Swedish-UK nuke power deal goes bust

Business & Money: 2 May 08
So far the Swedish government has kept pretty quiet about the state-owned energy company Vattenfall’s plans to buy up British Energy, a nuclear power company. READ »

Vattenfall declines to comment on British Energy speculation

Business & Money: 14 Apr 08
Sweden's state-owned power company Vattenfall AB has refused to comment on speculation that it is lining up a bid for British Energy. READ »

Swedish students keen to work for Google

Business & Money: 11 Apr 08
Given a choice, Swedish students would most like to work for search engine giant Google, a new study has shown. Ikea, Sony Ericsson and H&M also performed well. READ »

Swedish hybrid car research moves into high gear

Science & Technology: 17 Mar 08
The Swedish Energy Agency is leading the charge to accelerate the development of plug-in hybrid cars. READ »

Vattenfall and Siemens sign wind energy deal

Business & Money: 14 Mar 08
Sweden's state-owned power giant Vattenfall has signed a 1.6 billion kronor wind power deal with Germany company Siemens. READ »

Vattenfall exec most powerful Swedish businesswoman

Business & Money: 6 Mar 08
Helene Biström of Vattenfall Norden has been named the most powerful woman in Swedish business. READ »

Forsmark improves safety but more needed: IAEA

National: 28 Feb 08
The UN's nuclear watchdog has noted improved security measures at a problem-prone nuclear plant in Sweden. READ »

Weekend storms 'not as bad as feared'

National: 20 Jan 08
Nearly 5,000 households in southern Sweden were suffering power cuts on Sunday morning, but the destruction was not at the level of previous storms. READ »

Vattenfall removes new chief

National: 8 Dec 07
The head of Vattenfall Europe, an arm of Swedish energy giant Vattenfall, will be replaced after just four months in the post. READ »

Vattenfall to restart German reactors

Business & Money: 23 Nov 07
The Swedish energy group Vattenfall expects to put two closed German nuclear reactors back online by the end of February. READ »

Volvo in nuclear energy retreat

Business & Money: 12 Oct 07
Truck maker Volvo has announced that it will cease buying Swedish nuclear power at the end of this year. READ »

Vattenfall nuclear plant shut down

National: 21 Jul 07
More misery for Swedish energy firm Vattenfall on Saturday, as its beleaguered Brunsbüttel plant in Germany is shut down after cooling system failures are discovered. READ »

German Vattenfall boss resigns over nuclear incidents

Business & Money: 18 Jul 07
The head of the German arm of Swedish energy giant Vattenfall, has offerd to resign following a series of incidents at two of the group's nuclear power plants in Germany. READ »

Vattenfall boss fired over nuclear incidents

Business & Money: 16 Jul 07
The head of Vattenfall European Nuclear Energy has been fired after incidents at two nuclear plants in northern Germany. READ »

Vattenfall offices searched in German probe

Business & Money: 13 Jul 07
Swedish energy giant Vattenfall has had its offices searched by police in northern Germany as part of a probe into a fire at a nuclear power plant late last month. READ »

Six Swedish firms in Fortune 500

Business & Money: 12 Jul 07
Six Swedish companies have made it onto the annual list of the world's 500 most successful businesses published by Fortune magazine. The highest-ranked Swedish firm is Volvo, while Electrolux brings up the yellow-and-blue rear. READ »

Vattenfall slammed for nuclear 'cover-up'

Science & Technology: 8 Jul 07
German authorities have blasted Swedish energy giant Vattenfall Europe for waiting several days to declare problems at a nuclear power plant in northern Germany. Vattenfall has denied a cover-up. READ »

Vattenfall under fire for blaze at German nuclear plant

Science & Technology: 6 Jul 07
Swedish energy giant Vattenfall is having to defend itself against criticism of its public handling of a fire last week at a nuclear power plant in northern Germany. Another plant was also shut down. READ »

Vattenfall to invest 100m kronor in new power plant

Business & Money: 5 Jul 07
Vattenfall has been given the go-ahead by Sweden's environmental court to build a new power station by the Abelvattnet lake in Västerbotten, in the north of Sweden. READ »

Sweden can learn from the US on climate

Analysis & Opinion: 30 Mar 07
With Al Gore in Stockholm to debate climate change with Margot Wallström, it is often assumed that the Americans come here to learn from Sweden's success. But Sweden also has a lot to learn from the US, argues Waldemar Ingdahl of think tank Eudoxa. READ »

Sweden unveils major privatisation plans

Business & Money: 2 Mar 07
The Swedish government has presented a bill to parliament to sell state holdings in six companies, including Vin & Sprit, owner of the Absolut Vodka brand. READ »

IAEA asked to inspect Swedish nuclear plant

Science & Technology: 16 Feb 07
The UN's nuclear watchdog, the International Atomic Energy Agency, has been asked to inspect Sweden's Forsmark nuclear power plant after a series of incidents that have raised concerns over atomic safety. READ »

Forsmark drags down Vattenfall

Business & Money: 8 Feb 07
Swedish power company Vattenfall has reported net profits down by 3.2 percent in 2006. Falling electricity prices and problems at the Forsmark nuclear plant are blamed. READ »

20 things to know before moving to Sweden

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

How far can English take you in Sweden?

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

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