https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed 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. https://www.thelocal.se/20131211/swedens-highest-paid-ceos-keep-getting-richer Wed, 11 Dec 2013 12:04:00 +0100 swedens-highest-paid-ceos-keep-getting-richer Swedish home appliance maker Electrolux plans to slash 2,000 jobs on the heels of disappointing third quarter results, the company announced on Friday. https://www.thelocal.se/20131025/51004 Fri, 25 Oct 2013 13:35:00 +0200 51004 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. https://www.thelocal.se/20121024/44028 Wed, 24 Oct 2012 18:50:00 +0200 44028 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. https://www.thelocal.se/20120927/43476 Thu, 27 Sep 2012 11:58:00 +0200 43476 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. https://www.thelocal.se/20120329/39970 Thu, 29 Mar 2012 13:35:00 +0200 39970 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. https://www.thelocal.se/20120209/39002 Thu, 09 Feb 2012 08:09:00 +0100 39002 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. https://www.thelocal.se/20120202/38878 Thu, 02 Feb 2012 14:58:00 +0100 38878 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. https://www.thelocal.se/20120120/38616 Fri, 20 Jan 2012 13:43:00 +0100 38616 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. https://www.thelocal.se/20111108/37230 Tue, 08 Nov 2011 13:08:00 +0100 37230 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. https://www.thelocal.se/20111019/36842 Wed, 19 Oct 2011 14:22:00 +0200 36842 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. https://www.thelocal.se/20110829/35832 Mon, 29 Aug 2011 16:40:00 +0200 35832 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. https://www.thelocal.se/20110817/35602 Wed, 17 Aug 2011 15:55:00 +0200 35602 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. https://www.thelocal.se/20110719/35036 Tue, 19 Jul 2011 15:52:00 +0200 35036 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. https://www.thelocal.se/20110202/31788 Wed, 02 Feb 2011 11:10:00 +0100 31788 Swedish media concern Modern Times Group (MTG) has reported a pre-tax profit of 499 million kronor ($75 million) for the third quarter 2009. https://www.thelocal.se/20101019/29702 Tue, 19 Oct 2010 16:11:00 +0200 29702 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. https://www.thelocal.se/20100719/27880 Mon, 19 Jul 2010 20:16:00 +0200 27880 Stockholm-area men dominate the ranks of the roughly 40,000 Swedes who earn more than one million kronor ($139,000) per year, fresh statistics show. https://www.thelocal.se/20100121/24520 Thu, 21 Jan 2010 17:40:00 +0100 24520 The gap between the rich and poor in Sweden has grown considerably in recent years, according to a new report from the country's largest labour group. https://www.thelocal.se/20091208/23714 Tue, 08 Dec 2009 09:00:00 +0100 23714 Swedish construction firm Skanska reported significantly improved results on Thursday, exceeding consensus expectations for second quarter net profits. https://www.thelocal.se/20090724/20878 Fri, 24 Jul 2009 09:36:00 +0200 20878 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. https://www.thelocal.se/20090722/20848 Wed, 22 Jul 2009 17:37:00 +0200 20848