Petroswede Bankruptcy Inflicts Heavy Losses on Deutsche Bank and Owner Mohammed Al-Amoudi
The bankruptcy of Petroswede, owned by Mohammed Al-Amoudi, leads to losses of up to 3 billion kronor and significant financial consequences for Deutsche Bank.
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Surgical Science Revises Financial Targets and Strategy Following Key Agreement Termination
Surgical Science revises its 2026 financial targets and strategy after losing a key agreement, focusing on stable growth and profitability.
Swedish Government Dismisses Per Eckemark as CEO of Svenska kraftnät
Per Eckemark has been dismissed as CEO of Svenska kraftnät by the Swedish government, signifying a leadership shift within the national grid operator.
Stegra Faces Financial Crisis Amid Calls for Additional State Support
Stegra confronts financial distress with insolvency fears while seeking nearly 2 billion SEK in additional state funding for its groundbreaking steel plant project in northern Sweden.
TF Bank Rebrands as Avarda Amidst Strong Q3 Performance; Klarna's Siemiatkowski Revises Flat Capital Offer
TF Bank reports higher Q3 profits ahead of Avarda rebranding, while Klarna's Siemiatkowski revises his Flat Capital share offer amid market criticism.
ABB Sells Robotics Division to SoftBank for $5.4 Billion in Major Strategic Move
ABB has sold its Robotics division to SoftBank for $5.4 billion, opting out of a public listing despite promising future prospects, stirring mixed reactions among investors.
ABB Sells Robotics Division to Softbank for $5.4 Billion in Strategic Move
ABB divests its Robotics division to Softbank for $5.4 billion, signaling a strategic pivot to focus on core areas and reflecting investor confidence in robotics.
Mass Resignation from Integrum's Board Sparks Leadership Crisis
Integrum faces leadership turmoil with five board resignations following a failed bid.
Folkhälsomyndigheten Announces Restructuring Amid Criticism
Folkhälsomyndigheten plans a restructuring to enhance pandemic preparedness following criticism of its leadership.
Filippa K Announces Layoffs at Headquarters Amid Financial Struggles
Filippa K is set to lay off one-third of its headquarters staff due to financial losses.
Swedish Government Agencies Eye Major Savings Through Office Space Optimization
Swedish agencies could save billions by optimizing office space, reveals Riksrevisionen.
Meey Group Launches Comprehensive Digitalization Strategy for Real Estate
Meey Group's new digital strategy aims to transform real estate with innovative technology solutions.
Novo Nordisk Announces Major Job Cuts Impacting Denmark and Beyond
Novo Nordisk's job cuts could have wide-reaching economic effects.
Ericsson Reduces Workforce in Canada by 100 Employees Amid Restructuring
Ericsson plans to cut 100 jobs in Canada as part of a restructuring effort to adapt to market challenges.
Swedish Organizations Face Economic Crises in 2025 with Schools Cutting Staff and Retail Sector Declining
Swedish businesses face significant economic challenges in 2025, with layoffs at schools and retail crisis in Gothenburg.
Financial Struggles of Bromma Airport Ignite Closure Discussions
Bromma Airport's financial challenges prompt discussions about its potential closure and land redevelopment.
Matthias Arleth Takes Helm at Lytens Amid Sweden's Battery Sector Reconfiguration
Matthias Arleth appointed CEO of Lytens as the company integrates leadership from Northvolt, aiming for a fresh start.
Digital Transformation Imperative Amidst Operational Challenges for Swedish Businesses
Swedish businesses confront urgent operational challenges as outdated systems and fragmented data hinder financial decision-making.
Electrolux Professional Launches Cost-Saving Program Amid Market Struggles
Electrolux Professional announces layoffs and production relocations as part of a cost-saving program in response to market challenges.
Scania to Lay Off 750 Employees in Sweden Amid Strategic Restructuring
Scania announces significant layoffs of 750 employees in Sweden as part of operational restructuring.
Major Tech Reorganizations Signal Strategic Shifts in Leadership
GlobalConnect and Ovako announce leadership changes to consolidate IT and technology functions.