Unibet takes on Swedish government
The Local · 27 Oct 2004, 15:16
Published: 27 Oct 2004 15:16 GMT+02:00
One year ago, Unibet took the Swedish state to court claiming that the Swedish monopoly is in violation of EU rules. The case has not been decided but Unibet’s lawyers are now sharpening their tone and attacking the Social Democrats’ money-spinner, the 'A' lottery.
The Social Democrats and its youth league annually receive some 80 million kronor in revenue from the lottery. The lawyers therefore conclude that the state’s defence of the monopoly is not merely aimed at filling the coffers of the Treasury.
Meanwhile, DN reported that the European Commission has sent a letter to the Ministry of Finance requesting an explanation as to design of the betting monopoly.
Saab marketing JAS Gripen in Eastern Europe
Åke Svensson, chief executive of Saab AB, announced on Friday that the defence group had begun to market JAS Gripen fighter jets in Bulgaria, Romania and Slovenia.
Svensson also reported that Brazil’s decision on the JAS Gripen may be delayed until next year.
Mexican minister calls for more Swedish investment
Fernando Canales, Mexico’s Minister of the Economy, who was in Sweden last Wednesday, would like to see more Swedish companies investing in Mexico. The Minister considers Swedish firms to be somewhat too analytical but he admits at the same time that bureaucracy and corruption are obstacles for Swedish companies wishing to invest in the country.
Supplied by BECK TRANSLATIONS.
With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.