Browsing Tag
Sweden
168 posts
Magellan Aerospace joins Saab’s Gripen Canada plan, but how much fighter jet manufacturing work could it secure?
Magellan Aerospace has signed a memorandum of understanding with Saab to explore manufacturing advanced structures for the Gripen E fighter in Canada. The proposed work includes composite wing skins and external fuel tank activities, but its commercial value depends on Canada's future fighter procurement decision and subsequent production contracts.
Volvo Group orders jump 26% as truck margins recover, but 2027 demand remains uncertain
AB Volvo reported 8% sales growth and a stronger 12.3% adjusted operating margin as truck orders increased sharply across major markets. North American demand is expected to recover further in 2027, although inflation, emissions regulation and production planning remain important risks.
Ericsson Q3 results beat expectations, but rising chip costs threaten margins
Ericsson's third-quarter revenue increased to SEK 59.5 billion, supported by stronger mobile network demand and continued cost discipline. A sharp share-price rally followed, although higher component costs and uncertain telecom investment conditions could complicate future margin improvement.
Saab and Embraer complete first Brazil-built Gripen E flight as local production advances
Saab AB and Embraer have completed the first flight of a Gripen E fighter produced in Brazil, advancing an industrial programme that combines fighter procurement with technology transfer. Certification, subsequent deliveries and production continuity will determine the wider significance of the milestone.
ASSA ABLOY to sell $58m PKI business to Vista Equity Partners as HID sharpens focus
Sweden's ASSA ABLOY has agreed to divest HID's public key infrastructure business, including IdenTrust, HydrantID and ZeroSSL, to software investor Vista Equity Partners. The business generated $58 million in 2025 revenue, but the undisclosed purchase price leaves the transaction's valuation and financial return unclear.
Aura Energy (ASX: AEE) reports 28% return for Tiris uranium project in Mauritania
Aura Energy has completed a bankable feasibility study for the Tiris Uranium Project, outlining a 26-year mine with substantial forecast cash generation while leaving project financing, pilot-scale validation and resource conversion as major development requirements.
Robert Hall and Michael Woodford win 2026 Nobel Prize in Economics for research shaping central banks
Robert Hall and Michael Woodford have won the 2026 Nobel Memorial Prize in Economic Sciences for research that helped transform how governments and central banks respond to economic shocks. Their work on household expectations, inflation and monetary policy is receiving recognition as policymakers confront another global energy crisis.
Telia wants SEK 1bn of savings. Can fewer central roles make the telecom group faster?
Telia Company AB plans to eliminate around 900 positions across its Nordic and Baltic operations by year-end while transferring another 220 roles closer to national businesses. The SEK 1 billion annual cost programme is designed to simplify decision-making and improve cash flow, but the restructuring comes while revenue, EBITDA and customer metrics have already been improving.
Volvo Trucks targets 420 km range at 76 tonnes with new FH Electric heavy-haul model
Volvo Trucks will begin rolling out an electric FH capable of combinations weighing up to 80 tonnes in early 2027, pairing 640 kWh of usable battery capacity with megawatt charging designed for demanding freight operations.
Sweden election results 2026: Magdalena Andersson bloc holds razor-thin lead as final count begins
Sweden’s centre-left opposition has emerged with a preliminary parliamentary edge over Ulf Kristersson, but overseas and late ballots could still alter the balance.