Economy of Sweden

Kruger Products to Invest $575 Million to Build a New Tissue Plant

Retrieved on: 
Thursday, August 16, 2018
Kruger Inc., Surname, Business, Economy of Sweden

"This project is on an unprecedented scale for Kruger Products and will give us the additional capacity to continue to grow our business into the future.

Key Points: 
  • "This project is on an unprecedented scale for Kruger Products and will give us the additional capacity to continue to grow our business into the future.
  • Kruger Products L.P. is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use.
  • Kruger Inc., the parent company of Kruger Products L.P., is a third-generation family company headquartered in Montral since 1904, the year it was established.
  • Kruger Inc. is a major producer of tissue products; 100% recycled containerboard products; corrugated packaging; publication papers; specialty papers; renewable energy; cellulosic biomaterials; and wines and spirits.

Management Changes in AB Electrolux

Retrieved on: 
Thursday, August 16, 2018
Electrolux, Economy of Sweden, Business, Home, Keith McLoughlin, Hans Stråberg

Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure:

Key Points: 
  • Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure:
    Kenneth L. Ng, currently Head of Major Appliances APAC and Executive Vice President of AB Electrolux, has decided to retire from the company.
  • Anna Ohlsson-Leijon, currently Chief Financial Officer (CFO) of AB Electrolux, has been appointed Head of Major Appliances Europe and Executive Vice President of AB Electrolux.
  • Therese Friberg, currently CFO of Major Appliances EMEA, has been appointed new CFO of AB Electrolux.
  • The management changes are effective as from October 1, 2018 and the change in the business area organizational structure from January 1, 2019.

Management Changes in AB Electrolux

Retrieved on: 
Thursday, August 16, 2018
Electrolux, Economy of Sweden, Business, Home, Keith McLoughlin, Hans Stråberg

Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure:

Key Points: 
  • Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure:
    Kenneth L. Ng, currently Head of Major Appliances APAC and Executive Vice President of AB Electrolux, has decided to retire from the company.
  • Anna Ohlsson-Leijon, currently Chief Financial Officer (CFO) of AB Electrolux, has been appointed Head of Major Appliances Europe and Executive Vice President of AB Electrolux.
  • Therese Friberg, currently CFO of Major Appliances EMEA, has been appointed new CFO of AB Electrolux.
  • The management changes are effective as from October 1, 2018 and the change in the business area organizational structure from January 1, 2019.

Heat Exchangers Market Worth $22.59 Billion by 2023

Retrieved on: 
Wednesday, August 15, 2018
Heat transfer, Alfa Laval, Heat exchangers, Economy of Sweden

Heat exchangers have been successfully employed for years in the chemical industry to heat and cool base, intermediate, and final products.

Key Points: 
  • Heat exchangers have been successfully employed for years in the chemical industry to heat and cool base, intermediate, and final products.
  • With the growing demand for chemicals in the emerging economies, the market for heat exchangers is expected to grow during the forecast period.
  • Shell & tube heat exchangers are the most common types of heat exchangers used globally.
  • Alfa Laval (Sweden), Danfoss (Denmark), Kelvion Holdings (Germany), SPX Corporation (US), Xylem (US), API Heat Transfer (US), Gunter (Germany), Hindustan Dorr-Oliver (India), Hisaka Works (Japan), HRS Heat Exchangers (India), Modine Manufacturing Company (US), Sierra (Italy), and SWEP International (Denmark) are key players operating in the heat exchangers market.

Welcome to Elekta's Capital Markets Day in Stockholm on September 27, 2018

Retrieved on: 
Monday, August 13, 2018
Elekta, Salford, Greater Manchester, Cvent, Economy of Sweden, Economy

STOCKHOLM, Aug 13, 2018 /PRNewswire/ -- Elekta (EKTA-B.ST) invites equity analysts, investors and media representatives to Elekta's Capital Markets Day on September 27 at Stockholm Waterfront Congress Centre.

Key Points: 
  • STOCKHOLM, Aug 13, 2018 /PRNewswire/ -- Elekta (EKTA-B.ST) invites equity analysts, investors and media representatives to Elekta's Capital Markets Day on September 27 at Stockholm Waterfront Congress Centre.
  • Speakers at the event will include Dr. Richard Hausmann, President and CEO, Gustaf Salford, CFO, and other members of Elekta's management team.
  • To attend, please register through the following link: http://www.cvent.com/d/5gq38r no later than August 31, 2018.
  • It will also be possible to follow the Capital Markets Day over the phone or as a live webcast.

Ericsson Increasing US Investments to Support Accelerated 5G Deployments

Retrieved on: 
Friday, August 10, 2018
Mobile telecommunications, Technology, 5G, Internet of things, Technology forecasting, Ericsson, Telecommunications equipment, Extended periodic table, Economy of Sweden

STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (NASDAQ: ERIC) will increase its investment in the market.

Key Points: 
  • STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (NASDAQ: ERIC) will increase its investment in the market.
  • This series of strategic initiatives will allow Ericsson to operate even closer to its customers, meeting the growing demand for 5G globally and in the region.
  • This will enable Ericsson to recruit new expertise from the US, complementing the company's existing highly-skilled employees in the region.
  • (Ericsson Mobility Report, June 2018)
    In late 2017, Ericsson opened the Austin ASIC Design Center in Austin, Texas, to focus on core microelectronics of 5G radio base stations to accelerate the path to 5G commercialization.

Ericsson Increasing US Investments to Support Accelerated 5G Deployments

Retrieved on: 
Friday, August 10, 2018
Mobile telecommunications, Technology, 5G, Internet of things, Technology forecasting, Ericsson, Telecommunications equipment, Extended periodic table, Economy of Sweden

STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (NASDAQ: ERIC) will increase its investment in the market.

Key Points: 
  • STOCKHOLM, Aug. 10, 2018 /PRNewswire/ -- To support the accelerated build out of 5G in the United States, Ericsson (NASDAQ: ERIC) will increase its investment in the market.
  • This series of strategic initiatives will allow Ericsson to operate even closer to its customers, meeting the growing demand for 5G globally and in the region.
  • This will enable Ericsson to recruit new expertise from the US, complementing the company's existing highly-skilled employees in the region.
  • (Ericsson Mobility Report, June 2018)
    In late 2017, Ericsson opened the Austin ASIC Design Center in Austin, Texas, to focus on core microelectronics of 5G radio base stations to accelerate the path to 5G commercialization.

Atlas Copco has acquired niche machine vision solutions provider

Retrieved on: 
Wednesday, August 1, 2018
Atlas Copco, Economy of Sweden

STOCKHOLM, Aug. 1, 2018 /PRNewswire/ --Atlas Copco, a leading provider of sustainable productivity solutions, has acquired GermanQUISS Qualitts-Inspektionssysteme und Service AG.

Key Points: 
  • STOCKHOLM, Aug. 1, 2018 /PRNewswire/ --Atlas Copco, a leading provider of sustainable productivity solutions, has acquired GermanQUISS Qualitts-Inspektionssysteme und Service AG.
  • The company specializes in machine vision solutions for quality inspection and robot guidance, and is mainly used in the automotive industry.
  • The acquired business will become part of Atlas Copco's Industrial Assembly Solutions division in the Industrial Technique business area.
  • In 2017, Atlas Copco (excluding Epiroc AB) had revenues of BSEK 86 (BEUR 9) and about 34 000 employees.

Atlas Copco has acquired niche machine vision solutions provider

Retrieved on: 
Wednesday, August 1, 2018
Atlas Copco, Economy of Sweden

STOCKHOLM, Aug. 1, 2018 /PRNewswire/ --Atlas Copco, a leading provider of sustainable productivity solutions, has acquired GermanQUISS Qualitts-Inspektionssysteme und Service AG.

Key Points: 
  • STOCKHOLM, Aug. 1, 2018 /PRNewswire/ --Atlas Copco, a leading provider of sustainable productivity solutions, has acquired GermanQUISS Qualitts-Inspektionssysteme und Service AG.
  • The company specializes in machine vision solutions for quality inspection and robot guidance, and is mainly used in the automotive industry.
  • The acquired business will become part of Atlas Copco's Industrial Assembly Solutions division in the Industrial Technique business area.
  • In 2017, Atlas Copco (excluding Epiroc AB) had revenues of BSEK 86 (BEUR 9) and about 34 000 employees.

Sandvik Acquires the US-based Custom Electric Manufacturing

Retrieved on: 
Wednesday, August 1, 2018
Chemistry, Kanthal, Sandvik, Economy of Sweden, Industrial organization, Sandvik Coromant

Sandvik acquires privately owned Custom Electric Manufacturing Co., headquartered in Wixom, Michigan, USA.

Key Points: 
  • Sandvik acquires privately owned Custom Electric Manufacturing Co., headquartered in Wixom, Michigan, USA.
  • I am pleased to welcome the Custom Electric Manufacturing team into Kanthal and Sandvik Materials Technology," says Gran Bjrkman, President, Sandvik Materials Technology.
  • Custom Electric Manufacturing will continue to go to market under its own brand.
  • The transaction was closed today, and the business will be reported as part of the Product Area Kanthal within business area Sandvik Materials Technology.