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Sweden News

Climate & ESG;Construction

Hitachi Energy and Volvo CE partner to advance zero-emission construction sites

Hitachi Energy and Volvo Construction Equipment have signed a non-exclusive memorandum of understanding to co-develop integrated infrastructure and energy management systems. This partnership aims to accelerate the decarbonization of construction sites by transitioning from isolated electric machinery to fully integrated, emission-free ecosystems.

Sweden | 2 days ago

Navy

Saab and PGZ deepen naval cooperation with Polish supply chain integration

Saab has signed an agreement with Polska Grupa Zbrojeniowa to collaborate on naval vessel lifecycle support, integrate PGZ entities into Saab's supply chain, and pursue export opportunities. The agreement also establishes a future Underwater Technology Centre in Poland and includes joint evaluation of Saab's Autonomous Ocean Drone and heavyweight torpedo collaboration.

2 weeks ago • Poland;Sweden

Renewable Energy

Mobius Renewables closes acquisition of Air Liquide biogas assets across four countries

Mobius Renewables has completed the acquisition of Air Liquide's biogas production activities in the US, France, Norway, and Sweden. The portfolio includes six landfill gas-to-RNG sites in the US, five farm waste sites in France, and a 51% interest in Redo Biosolutions, generating over 5.5 million MMBtu of RNG annually.

4 weeks ago • France;Norway;Sweden;United States

Air Force

BAE Systems secures $180 million Sweden contract for TRIDON Mk2 mobile air defense systems

The Swedish Defence Materiel Administration has awarded BAE Systems a $180 million contract for the TRIDON Mk2, a mobile 40mm anti-aircraft system. The deal aims to fill critical gaps in modern air defense by providing a versatile platform capable of intercepting drones, cruise missiles, and armored ground units.

2 months ago • Sweden

Waste & Recycling

EIB backs Stockholm’s SEK 19.5bn wastewater overhaul with €470m loan

The European Investment Bank (EIB) has committed €470 million to Stockholm’s comprehensive wastewater system upgrade, a project aimed at reducing Baltic Sea nitrogen discharge by 40% and securing the city’s drinking water supply. The financing supports the consolidation of treatment facilities by 2031.

2 months ago • Sweden

Latest News

Defence | 2 days ago

Elbit Systems secures $350 million international main battle tank modernization contract

Israel-based defense electronics company Elbit Systems has clinched a $350 million international contract to upgrade main battle tanks over a four-year period, integrating advanced situational awareness, AI-driven targeting, and modern communication suites.

Business & Corporate | 2 days ago

UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight

UPS is investing nearly $50 million in specialized automotive and industrial network enhancements. The expansion introduces time-definite heavy air freight services between the U.S. and Mexico, streamlining cross-border production cycles and integrating brokerage and warehousing into a single-carrier solution.

Energy & Power | 2 days ago

NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu

Ohmium International and InSolare Energy have partnered to deploy a 4 MW green hydrogen facility for NLC India Limited. Utilizing advanced Proton Exchange Membrane technology, the plant in Neyveli aims to produce 700 metric tons of hydrogen annually for industrial and mobility applications.

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.