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Sweden News

SKF back to profit in first quarter on rising sales

Stockholm - Swedish ball bearing manufacturer SKF, a barometer of global manufacturing, returned to profit in the first quarter of 2014, the company said on Tuesday citing rising sales.
In the Media by AFP

Swedish city introduces payment by hand scanning

Stockholm - Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday.
In the Media by AFP

ThyssenKrupp says in talks with Saab over shipyards deal

Frankfurt - German heavy industry giant ThyssenKrupp said on Monday it is in talks with Saab of Sweden over the sale of its Swedish shipywards business.
In the Media by AFP

Volkswagen says won't raise Scania offer

Frankfurt - Volkswagen, Europe's biggest carmaker, said Friday it will not increase its offer for truck manufacturer Scania after the Swedish group dismissed the bid.
In the Media by AFP

'Zero tolerance' Sweden leaves heavy drug users behind

Stockholm - Sweden boasts one of Europe's lowest consumption of recreational drugs, but the same strict policy authorities consider key to success could also be pushing up the number of drug-related deaths.
In the Media by Erik Fau (AFP)

Sweden's six-hour workday experiment

Gothenburg - In hopes that it will cut down on sick leave, boost efficiency, and ultimately save Sweden money, municipal staff in Gothenburg will experiment with six-hour full-pay workdays.

Volvo suspends Russia tank project over Ukraine 'uncertainty'

Stockholm - Volvo on Monday said it had suspended a project to build an armoured infantry fighting vehicle with a Russian company due to uncertainty over the Ukraine crisis.
In the Media by AFP

Alfa Laval banks on oil, gas with Norwegian acquisition

Stockholm - Swedish industrial firm Alfa Laval announced on Monday the acquisition of a Norwegian underwater pump maker Frank Mohn, citing big opportunities in the offshore oil and gas sector.
In the Media by AFP

French-Russian tank project on hold due to Ukraine crisis

Paris - Renault Trucks Defense said Wednesday its project to develop an armoured infantry fighting vehicle together with a Russian manufacturer is on hold due to the Ukraine crisis.
In the Media by AFP

16-inch rat terrorizes family in Sweden

A family in Sweden were left terrified when the trap they had set did not immediately kill a monstrous 16-inch rat that was running around their kitchen.
In the Media by Owen Weldon - 3 comments
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Old town of Stockholm  Sweden  seen from the waters of Lake Mälaren
Old town of Stockholm, Sweden, seen from the waters of Lake Mälaren

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