Nordic News, Business and Life in Asia
The Danish Jewelry maker Pandora is the world’s largest jewelry maker by production capacity and on 14 September the company announced new financial targets and a detailed roadmap for its new growth …
Danish Jewelry maker Pandora aims to triple revenue in China Read More
Finnish dairy and food company Valio has entered into an agreement with food and beverage ingredient distributor DKSH on the distribution of special milk powders to Valio’s industrial customers in …
Finnish dairy firm Valio enters into a distribution partnership with DKSH for SE Asian market Read More
Cambodia has since 2017 become ASEAN’s leading supplier of bicycles to the EU, according to Bike Europe and over the past eight months, the country exported 1.86 million bicycles into …
Cambodia is ASEAN’s largest exporter of bicycles to the EU – Denmark and Sweden are notable buyers Read More
Swiss-Swedish Tetra Pak, a world-leading processing and packaging solutions company, has released the 2021 sustainability report, according to a recent press release. The report documents the company’s journey to accelerate …
Tetra Pak reveals 2021 Sustainable Report ‘Food. People. Planet’ Read More
The Swedish automaker Volvo Cars recently reported a drop in global sales in August of 10.6 percent compared with the same period last year. According to media CB, overall underlying demand …
Volvo’s global sales down by 10% in August – supplier shut-downs in Asia challenge volume levels Read More
On 27 August, the Danish fashion giant Bestseller announced that the company is not placing new orders in Myanmar until it has conducted an impact assessment and engaged in dialogue …
Bestseller is not placing new orders in Myanmar Read More
Sweden’s Volvo Trucks recently announced the agreement to acquire JMC Heavy Duty Vehicle Co., Ltd., a subsidiary of Jiangling Motors Co., Ltd., which includes a manufacturing site in Taiyuan, Shanxi …
Volvo Trucks acquire heavy-duty truck manufacturing operation in China Read More
The Finnish shipbuilding company Deltamarin has signed an agreement with China Merchants Jinling Shipyard Weihain for the basic and manufacturing design of three RoPax Stena E-Flexer vessels, media YLE reports. The Stena …
Deltamarin signs agreement with China Merchants Jinling Shipyard for three RoPax vessels Read More
The shipping crisis caused by the pandemic has seen massive problems of transporting goods around the world in recent months and now it has created a shortage in Denmark of …
Shipping crisis creates shortness of important items for Danish families with children Read More
Volvo Cars in Sweden is experiencing a shortage of semiconductor chips which temporarily halts production at the carmaker’s factory in Torslanda near Gothenburg in Sweden. Volvo, which is owned by …
Volvo halts production at Swedish factory due to chips shortage Read More
For bicycle manufacturers and subcontractors around the world, the pandemic has brought problems with a reduced supply of bicycle parts and according to Finnish Tähtipyörä, manufacturer of bicycles in Solf …
A worldwide shortage of bicycle parts creates problems for Finnish company Read More
The Norway-based full-service designer of specialized vessels Vard, has been awarded a $118 million contract by the Norwegian shipping company REM Offshore to build two Construction Service Operations Vessels (CSOVs), …
Vard wins contract for CSOVs to be built in Norway and Vietnam Read More
Haldor Topsoe, the Danish company specializing in carbon reduction technologies, has together with Shaanxi Yanchang Petroleum formed the joint venture JV to build a Methanol Catalyst facility in China and …
Haldor Topsoe join forces with Yanchang to build Methanol Catalyst facility in China Read More
The Swedish multinational clothing retail company H&M plans to open its first store in Cambodia next year, according to a recent article by local media Phnom Penh Post. H&M has not …
H&M to open first store in Cambodia next year Read More
Finland’s marine engine and equipment maker Wärtsilä announced on 23 July, that the company has entered into an agreement with two Chinese shipbuilding companies for the delivery of steerable and …
Wärtsilä to deliver thrusters for Chinese Offshore Wind Vessels Read More
Swedish beauty brand IDUN Minerals and brand and e-commerce accelerator Aventura have entered into an agreement to further expand IDUN’s brand presence in the fast-growing Chinese market. The announcement was …
IDUN Minerals and Aventura partner to launch the brand in China Read More
Sweden-based ISR Immune System Regulation Holding AB (publ), which develops inhalation vaccines against Covid-19 has signed an investment agreement with Singapore Resources Development PTE. Ltd, the company announced in this press …
ISR signs investment agreement with Singaporean company for development of inhaled covid-19 vaccine Read More
Bangkok, 20 July 2021 — Tetra Pak has been recognized as one of the world’s 50 Sustainability and Climate Leaders. The Swedish-Swiss food processing and packaging solutions company has been acknowledged …
Tetra Pak named as one of the Top 50 Sustainability and Climate leaders Read More
Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Novo Nordisk specializes in diabetes care medication and the long-established Danish company has been providing …
Novo Nordisk to raise the amount of clinical trial investment in Thailand Read More
Grundfos, a global leader in advanced pump solutions and water technology, and Barghest Building Performance (BBP), a Singapore-based energy efficiency technology provider, have signed a memorandum of understanding to deliver …
Grundfos partners with Singapore tech company to meet Southeast Asia’s sustainable cooling needs Read More
The Chinese steel companies are, with their cheaper prices for materials and large government support well on their way to out-competing the Danish steel companies – which are now looking …
Danish Steel companies are being pressured hard by Chinese counterparts Read More
The Netherland-based Shipping company AAL Shipping recently delivered four of the largest rubber-tyred gantry cranes (RTGs) in its history from China to the Port of Oslo, Norway, media Maritime Professionals reports. …
Huge cranes delivered from China to the Port of Oslo Read More
The Chinese pharmaceutical company Shanghai Pharmaceuticals Holding Co. has acquired 100% of the share capital of the Finnish dental equipment manufacturer Fimet Oy along with its operations in Finland and …
Shanghai Pharmaceuticals acquires Fimet Oy and its operations in Finland and China Read More
Marsun Shipyard in Thailand has landed a contract for two Inertia M3 high-speed trimaran crew transfer vessels (CTVs) from the joint Danish-Taiwanese offshore establishment UMO, Offshore wind reports. UMO was …
Thai shipbuilder lands contract with Danish-Taiwanese offshore company Read More
Volvo Cars owned by Geely Holding of China is partnering up with Swedish battery maker Northvolt in the development of batteries for both Volvo and Polestar. To find out the …
Volvo Car partners with Northvolt to develop and manufacture batteries Read More
The Swedish brand Gaston Luga, producer of quality backpacks and accessories inspired by Scandinavian design and living, is now available in Thailand. According to an introduction by the Embassy of Sweden in …
Swedish Gaston Luga now available in Thailand Read More
The Swedish company Aegirbio, which specializes in Covid-19 saliva tests, has together with Nowmed Sweden landed an order valued at approximately SEK 100 million, Dagens Industri reports. Aegirbio’s Covid saliva …
Swedish Aegirbio signs 100 million SEK order on Covid test for distribution in Asia Read More
Novo Nordisk Thailand has been recently recognized as one of the best companies to work in Thailand, Thailand Business News reports. Novo Nordisk Thailand is an affiliate of the Danish …
Novo Nordisk in Thailand a great place to work Read More
The European Chamber of Commerce of the Philippines (ECCP) recently awarded Swedish fashion giant H&M with the Circular Economy Award during the ECCP 2021 Europa Awards hosted in the Philippines. …
EuroCham Philippines grants H&M Circular Economy Award Read More
The Swedish EMS provider Hanza is expanding the company’s operations in China by moving to new and larger premises, media Evertiq reports. The global knowledge-based manufacturing company’s new premises are …
Swedish EMS provider Hanza invests in Chinese operations Read More
The Chinese fashion company Shein has really caught the attention of young Danes with their trendy and cheap products and their app is now one of the most downloaded apps …
Shein takes Denmark by storm Read More
News Release: Bangkok (11 June 2021) – Swedish/Swiss Tetra Pak, a world-leading processing and packaging solutions company, celebrates the week of WHO World Food Safety Day – the occasion to …
Tetra Pak celebrates World Food Safety Day by highlighting the importance of innovation Read More
The Danish designer company Georg Jensen has for decades manufactured its iconic and world-known Christmas decorations at its factory in Hjørring Denmark, but this year’s collection will be the last …
Georg Jensen moves production of Christmas decoration to Thailand Read More
The Danish company Nimalift is successful in selling car lifts and tire machines that are produced in China. So successful in fact, that the company’s profit more than doubled in …
Danish Nimalift successful in selling Chinese machines Read More
The Finnish clothing manufacturer Reima has said the company is ending its partnership with a Chinese subcontractor after Finnish media Yle published an investigative report on possible links to forced …
Reima cuts ties with Chinese company over possible links to forced labour Read More
The Malaysian company Offspring has launched its products in four new countries including Finland and Cambodia, local media The Star reports. Offspring Inc, which is 51%-owned by the Malaysian homegrown …
Malaysian company launch early care solutions in Finland and Cambodia Read More
To address skills and labor shortage in Vietnam, the Danish manufacturer of smaller flexible industrial collaborative robot arms, Universal Robots has advised Vietnamese manufacturers to implement cobots, media The Star …
Danish company advises Vietnam’s manufacturers to install cobots Read More
The Swedish retailer H&M is slowly resuming order placing with its suppliers in Myanmar following a pause after the country’s military coup in February, media Retail News reports. According to …
H&M resume order placing in Myanmar Read More
Several of the Danish Crown’s slaughterhouses have been affected by local corona outbreaks during the pandemic which has caused decreased exports to China. In addition, meat prices have also been …
Danish Crown’s China export decreased due to local corona outbreaks Read More
HD Homelift Solutions Corporation, partner of the Sweden-based company Aritco is offering home lift solutions to maintain comfort and mobility for older family members in the Philippines, Manila Bulletin writes …
Swedish home elevator solutions now in the Philippines Read More
According to an independent report commissioned by the Danish clothing brand Bestseller, the company should resume sourcing from Myanmar as the withdrawal of international companies could cause poverty and famine, …
Danish clothing brand Bestseller poised to resume Myanmar sourcing Read More
10 May 2021 the Finish packaging company Stora Enso has created a new digital solution that will help their waste water treatment plants to predict and optimize the process of …
Stora Enzo released a digital solution for waste water management plants Read More
The Danish EMS-partner (Electronics manufacturing services) GPV, is expanding its capacity and investing in new production lines for the company’s facilities in Thailand as well as in Slovakia and Sri …
Danish GPV expands its activities in Asia Read More
The Danish Chamber of Commerce in China welcomes two new corporate members Swedish Boxon and Chinese NBH. Boxon is a packaging company with headquarters in Sweden and branches in the …
DCCC east welcomes new corporate members Swedish Boxon and Chinese NBH Read More
The new eco-sustainable hybrid ro-ro ferry Finneco I by Finnlines has just been launched in China, media Maritime Exclusive reports. The Finneco I was built at the Nanjing Jinling Shipyard …
Eco-sustainable hybrid ro-ro ferry launched in China by Finnlines Read More
IKEA in the Philippines has been preparing for the opening of the world’s biggest branch at the Mall of Asia complex later this year, ABS-CBN News reports. The preparations have …
IKEA Philippines prepare for the opening of the world’s biggest branch Read More
2021 marks the 100th anniversary of the founding of the Communist Party of China, which was born in 1921 in Shanghai. To mark the anniversary, local media Shine have run …
Shanghai through the eyes of Danish businessman Read More
The Danish company Tajco, which makes tailpipes for cars, has branches in six countries and recently celebrated its 75th anniversary. Simultaneously with the celebration in Denmark, the anniversary was also …
Danish company celebrated its 75th anniversary in six countries including China Read More
Helena Helmersson took over the role of CEO of the Swedish fast-fashion company H&M from founding family heir Karl-Johan Persson who is now chairman. But just 14 months ago into …
H&M CEO Helena Helmersson facing Covid-19 and China backlash Read More
Malaysia has become an attractive destination for companies looking to establish themselves in Asia. Swedish media Dagens Industri has spoken to Erik Thomaeus, CEO of SIBS Group on why they …
Why Scandinavian IBS has chosen to put its production in Malaysia Read More