The Local Sweden

Trial opens in Klarna's $8.3-bn lawsuit against Google

Mon, 20 Oct 2025 19:11:05 +0200

A Swedish court began hearing arguments on Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results.

EU still seeking trade deal after new Trump tariff threat

Mon, 14 Jul 2025 15:32:59 +0200

The EU still hopes to strike a deal with the United States despite President Donald Trump's ramped-up threat of 30-percent tariffs, the bloc's trade chief said Monday, with pressure on Brussels to toughen its stance.

IN PICTURES: Historic Kiruna move leaves behind ghost town of memories

Wed, 18 Jan 2023 13:25:44 +0100

Sweden's northernmost city, Kiruna, is moving three kilometres to make way for underground mining expansion. But not everyone's happy about the move.

Court gives Swedish start-up go ahead for fossil-free steel plant

Fri, 01 Jul 2022 12:30:59 +0200

A court in Sweden has given the steel company H2 Green Steel the go ahead to start building a coal-free steel plant in northern Sweden, the first greenfield steel plant in Europe in 50 years.

Sweden's Ikea to hike prices by 9 percent due to supply chain woes

Fri, 31 Dec 2021 11:40:07 +0100

Ikea will hike its prices by an average of nine percent next year due to ongoing supply and transportation disruptions, the company that operates most of the Swedish furniture giant's stores said.

Swedish government pledges millions for green industry

Sun, 27 Aug 2017 16:49:44 +0200

Sweden’s government has announced investments totalling 300 million kronor (31.5 million euros) to help the manufacturing industry reduce its carbon emissions.

Volvo profits plunge due to North American sales decline

Thu, 02 Feb 2017 09:12:58 +0100

Sweden's Volvo, which is the world's second-largest truck maker, said on Tuesday that bottom-line profits fell sharply in 2016, hit by a decline in sales in North America.

Sweden's Volvo gives $6.7m to US family

Tue, 25 Aug 2015 18:14:42 +0200

The family of a one-year-old girl who suffered irreversible brain damage after getting trapped in a Volvo car's electric window is to be awarded almost seven million dollars (55.6m kronor) by the Swedish firm.

Sweden's Volvo to export 'made in India' buses

Tue, 14 Jul 2015 13:38:47 +0200

Swedish auto giant Volvo is planning to build buses destined for Europe's roads in Bangalore, providing a major boon to Prime Minister Narendra Modi's 'Make in India' campaign.

Night owls nab jobs at Sweden's Volvo Cars

Mon, 04 May 2015 18:25:00 +0200

Volvo Cars has reintroduced night shifts at its plant in Torslanda in west Sweden, creating an extra 1,500 jobs in the company's home region.

Sweden's Volvo to build first car factory in US

Mon, 30 Mar 2015 16:09:45 +0200

Swedish carmaker Volvo Cars has announced plans to build its first factory in the United States, 60 years after it started selling cars in the country.

New Volvo cars to reach United States from China

Tue, 13 Jan 2015 13:29:00 +0100

China's first-ever car export to the United States is going to be the originally Swedish brand Volvo, with the cars made at a new factory in Chengdu.

Volvo prepares for 3.7b kronor fine from EU

Tue, 25 Nov 2014 12:05:00 +0100

Sweden's Volvo, the world's second-largest maker of trucks, is setting aside 3.7 billion kronor ($497 million, €400 million) to cover a potentially huge fine from the European Union for price rigging.

Sweden's labour costs 'distressingly high'

Tue, 27 May 2014 16:31:00 +0200

Labour costs in Sweden are 22 percent higher than the eurozone average, a difference which threatens Swedish industries' ability to compete, economists warned in a report on Tuesday.

'Swedish firms less equal than Saudis': biz daily

Fri, 07 Mar 2014 12:14:00 +0100

Sweden's premier business daily on Friday noted that many Swedish companies were less gender equal than the Saudi Arabian parliament, and said introducing quotas could mark a generational shift.

Sweden's industrial workers set for pay hike

Tue, 02 Apr 2013 17:14:00 +0200

Workers in Sweden's industrial sector earned a 6.8-percent raise in wages on Tuesday, agreeing to a new collective wage deal following a lengthy set of negotiations.

Swedish ball-bearing giant slashes 2,500 jobs

Mon, 14 Jan 2013 10:52:00 +0100

Sweden's SKF, the world's biggest maker of industrial bearings, announced on Monday it was cutting 2,500 jobs, a move widely regarded as a tell-tale sign of tougher times ahead for the manufacturing industry.

Strike looms as Swedish bank union locks horns

Fri, 18 Feb 2011 17:15:00 +0100

Talks have broken down between Sweden's Financial Sector Union and an industry association over the wages and employment conditions of its 30,000 members.

Orders fall in June - but are up on 2009

Fri, 13 Aug 2010 18:29:00 +0200

Swedish industry saw orders fall by 2.5 percent between May and June, according to preliminary figures from Statistics Sweden. But the figures were a 15.5 percent rise on June 2009.

Southern Skyline shines in country spotlight

Thu, 22 Jul 2010 12:11:00 +0200

Swedish musicians have made their mark in just about every popular musical genre around the world - except country. Stockholm's Southern Skyline hopes to change that, writes Emy Gelb.