The best-paid CEOs in Sweden saw their collective paychecks balloon by nearly 100 million kronor ($15.1 million) in 2012, found a new review that also discovered that Sweden's highest earner last year was a woman.
Swedish home appliance maker Electrolux plans to slash 2,000 jobs on the heels of disappointing third quarter results, the company announced on Friday.
Swedish bank Nordea announced a nearly 70 percent rise in third-quarter profits on Wednesday mainly thanks to higher lending and a tighter control on costs, but nevertheless failed to meet analysts' expectations.
Swedish group H&M, which makes and retails inexpensive clothes, reported almost steady net profit for the third quarter on Thursday, saying the rise of the krona had contained earnings.
Swedish retailers H&M recorded higher net profits in the most recent quarter according to figures published on Thursday, yet failed to live up to analysts' expectations.
Scandinavian airline SAS said Wednesday it improved its operating profit last year but that it was dragged into loss as its former subsidiary Spanair filed for bankruptcy.
Electrolux, a leading global maker of household appliances, posted Thursday a 48-percent plunge in net profit in 2011, as price pressure, high material prices and weak demand hit earnings.
Swedish furniture giant Ikea on Friday reported a ballooning net profit in 2011 amid booming sales and increased market share in most markets and said it planned hefty investments in the year to come.
Scandinavian airline SAS reported on Tuesday a slim third-quarter net profit, a switch from a deep loss in 2010, and maintained its positive outlook for all of 2011, but said uncertainty lay ahead.
Nordea, the biggest Nordic bank, announced a €300 million fall in third quarter profit pm Wednesday, blaming market turbulence and the debt crisis for results that fell far short of forecasts.
Nordea, the biggest Nordic bank which today employs around 34,000 people, said Monday it planned to cut some 2,000 jobs across the region by the end of 2012 to counter the effects of rising costs.
Scandinavian airline SAS on Wednesday said it returned to profit in the second quarter as its passenger numbers increased, and maintained its outlook of full-year growth despite higher fuel prices.
Swedish-Finnish bank Nordea on Tuesday reported a 6 percent drop in net profits for the second quarter 2011, saying that improvements in banking activity had not compensated for a drop off in investments.
Nordic bank Nordea recorded a 15-percent hike in net profit for 2010 and a 72-percent jump in the fourth quarter, boosted by Sweden's strong economic recovery.
Metro International, which publishes a number of free newspapers around the world, said on Monday that it had narrowed its losses in the second quarter.
Swedish construction firm Skanska reported significantly improved results on Thursday, exceeding consensus expectations for second quarter net profits.
Swedish media concern Modern Times Group has reported a pre-tax profit of 566 million kronor ($74 million) for the second quarter 2009, exceeding market forecasts.
Swedish telecom firm Tele2 has reported a dramatic rise in profits for the second quarter and the firm's share price shot up 5.9 percent in early trading on Wednesday.
Swedish students who remain at the same institution for their entire educational career appear to earn higher salaries that those who switch universities several times, according to a new study.
Swedish ball bearing manufacturing SKF on Wednesday reported a 77 percent drop in earnings for the second quarter, blaming weak sales and restructuring costs.
