Latest Scandinavian Manufacturing News

Finnish investors drawn to Greater Kuala Lumpur’s rich talent base

Finnish-Malaysian ties took off upon the inking of an Investment Guarantee Agreement in 1985, with many Finnish companies back then drawn to Malaysia’s relatively cheaper manufacturing and technical talents and strategic location as a regional hub. The same year investment ties were further cemented when escalator and elevator market leader KONE set foot in Greater…

Swedish glove producer opens factory in Vietnam

The Swedish company Hestra has opened their first factory in Vietnam. On 11 September Hestra, a Swedish producer of gloves, officially opened their first factory in Vietnam. The opening were among others attended by Vice Chairman of Hai Phong People’s Committee Mr Nguyen Van Tranh and the Swedish Ambassador in Vietnam Pereric Högberg. “I was…

Monitor ERP System Asia sets up Penang development team

The Swedish manufacturing ERP system provider Monitor ERP System Asia is setting up a development team in Penang, Malaysia, its Southeast Asia hub. Monitor is therefore now recruiting new team members with software development skills. Those interested in applying should also be team players. “Operations also include consulting / training and support within Monitor ERP…

Swedish MNCs continue to view Malaysia, Greater KL as ideal Asia investment place

Sweden and Malaysia’s ties as trade and investment partners go way back. In the 1960’s, the Swedish companies such as Volvo, Ericsson, Sandvik, Alfa Laval and Scania established themselves in Malaysia. The first car ever produced in Malaysia was a Volvo, made by Sweden at Volvo’s car producing plant in Shah Alam in 1967. In…

Tetra Pak assisted Chinese dairy brand in product innovation breakthrough

Tetra Pak has announced that it has helped Yili, a leading Chinese dairy manufacturer, to produce the world’s first ambient drinking yoghurt with large fruit and cereal pieces. This was achieved thanks to Tetra Pak’s expertise in ambient yoghurt processing, particle heating and a new Tetra Top system. Yili launched the breakthrough product in Tetra…

Volvo moves part of its production away from China

To avoid the increased US tariffs on goods from China, Volvo has withdrawn the production of the ‘XC60-SUV’ from China and started producing it in Sweden instead. The Swedish car manufacturer is owned by the Chinese company Geely and produces the XC60 model in Sweden when its for the European market. But outside Europe and…

Swedish companies Thailand survey: Challenges and business forecast

In June Business Sweden in Thailand launched the new report ‘Thailand: Business Climate Survey 2018’. Business Sweden, together with the Embassy of Sweden in Thailand and Thai-Swedish Chamber of Commerce, conducted a survey during Feb-Apr 2018 with the purpose to understand how Swedish companies established in Thailand perceive the business climate. The report highlights some…

Team Finland Bangkok visited Huhtamaki plant

On Tuesday 12 June, Finland’s Ambassador Satu Suikkari-Kleven together with her Team Finland in Bangkok and a representative from Thai-Finnish Chamber of Commerce (TFCC) visited Huhtamaki‘s factory in Samutsakorn. Huhtamaki, a prominent Finnish company, is a global specialist in packaging for food and drink. Today, Huhtamaki employs approximately 16,000 employees in over 70 manufacturing units…

Pandora inaugurated yet another Thai production facility: Triple A

On 15 June 2018 the Danish global company Pandora celebrated the grand opening of its new innovative crafting facility ‘Triple A’ in Gemopolis, Bangkok, Thailand as part of its long-term growth strategy to become ‘the branded manufacturer that delivers the most personal jewellery experience’ in 2022. Pandora is one of the world’s largest fine jewellery…

Danfoss to opens new heating plant in China

The leading heating company of Denmark, Danfoss, has begun operation of a new plant in Anshan city in northeast China’s Liaoning Province. Danfoss has recently begun operation of a new plant in northeast China’s Liaoning Province, according to Xinhua Net. With a price of 26.54 million U.S. dollars the plant wasn’t cheap but as China is seeking greener…