All the European investment, retail, real estate, office and industry news in English language

Thursday | November 26 | 2020

Gothenburg

50% plant-based meals in Ikea restaurant by 2025

Ikea announced today new food commitments, in connection to a pre-event for the UN Food Systems Summit 2021. Thus, by 2025, Ikea wants that 50%...
Embracer Group, through subsidiary Saber Interactive, entered into an agreement to acquire 100 percent of the shares in Mad Head Games. The company, based...
Through its wholly owned subsidiary Amplifier Game Invest, Embracer has entered into an agreement to acquire 100 percent of Silent Games Ltd. Silent Games...
Scania plans to invest well over 1 billion SEK in a battery assembly plant in Södertälje, Sweden. The initial step is a 18,000-square metre facility and the...
Castellum is selling a property to the city of Gothenburg in exchange for development rights in connection to Västlänken's future Station Centralen. The municipality acquires...
Volvo Group Venture Capital invests in Adnavem, an online marketplace for freight services that offers unbundled door-to-door transport. Using Adnavem transport buyers can choose...

Castellum acquires five office properties in Kalasatama, Helsinki

Through a company acquisition of the Finnish real estate group Lindström Invest, Castellum has acquired a real estate portfolio in Helsinki. The portfolio comprises five office...

Klarna launches widget to track prices during holiday shopping season

Klarna announced a new iOS price drop widget allowing consumers to stay on top of the latest deals and sales. Consumers will be able to receive real-time updates on price changes for their saved items by looking at the home screen on their smartphone....

Skanska signs an USD 198 M contract for office improvements in western USA

Skanska has signed additional contracts with an existing client for improvements to their corporate office in the western USA. The contract is a joint venture...

Swedbank signed a 734 sq m lease on the 45th floor at the Empire State Building

Empire State Realty Trust, Inc. announced today that Swedbank, a Stockholm-based banking group, signed a 7,905 sq ft. (734 sq m) lease on the 45th floor at the Empire State Building. Swedbank offers retail banking, asset management, financial and other services. Swedbank has 4.0 million private customers...

Scania net sales decreased by 22 percent in the first nine months of 2020

Scania net sales decreased by 22 percent to SEK 88,843 m. (113,815) in the period January-September 2020, the company reported...

First second-hand IKEA store opens in Eskilstuna, Sweden

IKEA opened its first second-hand store in Eskilstuna, Sweden. The store is located in the ReTuna Shopping Centre and...

100 million people joined H&M Member loyalty program

H&M announced that more than 100 million fashion fans have joined the customer loyalty program H&M Member. H&M Members are invited to offers and services, digital...

Volvo Trucks to launch a complete range of electric trucks in 2021

Volvo Trucks will offer a complete heavy-duty range with electric drivelines starting in Europe in 2021. The...

Ericsson completes acquisition of Cradlepoint

Ericsson has completed thw acquisition of Cradlepoint, the US-based market leader in Wireless WAN...

Volvo and Isuzu to start a strategic alliance within commercial vehicles

The Volvo Group and Isuzu Motors signed binding agreements to form a strategic alliance...

Skanska invests USD 65 M in its first Los Angeles office development project

Skanska invests approximately USD 65 M in its first Los Angeles office development project...

Amazon launched a website for Swedish customers

Amazon launched a website for customers in Sweden, adding it to the list of...

Electrolux, record high operating income of SEK 3,220m in Q2 2020

Electrolux net sales amounted to SEK 32,004m (30,330). Organic sales increased by 15.2% in Q3 2020, an interim report shows. There was registered a record high operating...

Stora Enso forest assets, between EUR 6.5 billion and EUR 7.0 billion

Stora Enso has decided to start using a valuation method for its forest assets in the Nordics based on...

Swedish company Evolution to supply content and services for the US market

Evolution, a Sweden based provider of Live Casino solutions, has entered into a partnership with Wynn Sports Interactive for...

THIS WEEK
TOP 5

Castellum is selling a property to the city of Gothenburg in exchange for development rights in connection to Västlänken's future Station Centralen. The municipality acquires...
Through its wholly owned subsidiary Amplifier Game Invest, Embracer has entered into an agreement to acquire 100 percent of Silent Games Ltd. Silent Games...
Embracer Group, through subsidiary Saber Interactive, entered into an agreement to acquire 100 percent of the shares in Mad Head Games. The company, based...
Stora Enso will start codetermination negotiations with employees at its Hylte Mill in Sweden regarding a plan to reorganise the mill, including permanent closure...
IKEA opened its first second-hand store in Eskilstuna, Sweden. The store is located in the ReTuna Shopping Centre and all products sold are reused...