Category: Business news

Swedish health and elderly care delegation in Hong Kong






On 15-16 February the Swedish health and elderly care delegation continued to Hong Kong, following two days in Singapore. Business Sweden brought Swedish companies over to Asia to participate in an executive 4-day program within healthcare and innovation. Under the theme “Health and Innovation for the Ageing Population” the State Secretary Madeleine Harby-Samuelsson of the…

Sofia Norén from Borås wins Anders Wall Shanghai scholarship






Sofia Norén (born in 1992) from Borås is the winner of the 2017 Anders Wall scholarship for a one-year internship at the Swedish Chamber of Commerce in Shanghai. The scholarship of SEK 150,000 will be awarded at a ceremony in Stockholm on 10 March. Sofia has studied economics and social anthropology at Uppsala University and…

Karolinska seminar promotes Hong Kong as Asia hub






On Friday 24 February 2017 Business Sweden and InvestHK host a seminar in Stockholm Sweden: The Karolinska Institutet Node in Hong Kong, a springboard to Asia. In 2016 Karolinska Institutet’s Ming Wai Lau Centre for Reparative Medicine in Hong Kong was inaugurated. The seminar, held at the World Trade Center, features the following speakers and…

Finnish cleantech company breaks record in Vietnam






Dewaco, a Finnish cleantech company, has broken its own record twice this month. In the start of February 2017 they first received their largest order of company history from Kuala Lumpur in Malaysia, where they were to deliver 100 chain scraper systems for a new wastewater plant. “Managing and coordinating of the large order has…

Norway’s Minister of Agriculture and Food meets with China






Jon Georg Dale, Minister of Agriculture and Food in Norway, met with the Chinese Ambassador to Norway, Wang Min, on 21 February 2017, to discuss opportunities for a collaboration in agriculture and food. The two exchanged experiences on the research partnership between Norway and China facilitated by Norwegian Institute of Bioeconomy Research, NIBIO, opening for…

Danish architecture exhibit at Malaysian Gallery






“Architecture with People” is the name of the Danish exhibition that opened on Monday 20 February 2017 at the Galeri Serdang, which is part of the Faculty of Design and Architecture at Universiti Putra Malaysia. The exhibition is created by Danish Solutions which purpose is to enhance promotion of Danish architecture and architects globally. Danish…

Swedish grain management company establishes Thailand subsidiary






Tornum from Sweden is a developer and manufacturer of grain facilities that has evolved into a market-leading global supplier. The company has announced in February 2017 the establishing of a subsidiary in Thailand to capitalize on the fast-growing market. The Swedish supplier of grain management systems subsidiary is headquartered in Bangkok, serving customers all over…

Jotun’s growth in Southeast Asia contributes to result






Jotun (Norway), one of the world’s leading manufacturers of paints and powder coatings delivered its second best result ever in 2016, seeing strong results in challenging markets such as Southeast Asia. Led by solid growth in the Decorative Paints and Powder Coatings segments, the company had operating revenue of NOK 15.8 billion and an operating…

Volvo Cars’ sales hit new record in 2016






Chinese-owned Swedish brand Volvo Cars has reported a robust 66 per cent increase in operating profit in 2016 to SEK11 billion and a new record as global sales hit 534,332 cars. Net revenue for the period increased 10 per cent to SEK180.7bn compared to SEK164.0 bn in 2015 while the operating profit margin improved significantly…