Nordic News, Business and Life in Asia
Volvo Cars have agreed to buy out parent company Zhejiang Geely Holding (GEELY.UL) from their joint ventures in China, potentially boosting the Swedish automaker’s valuation ahead of a planned share …
Volvo Cars to take full control of its Chinese business Read More
The Chinese electric vehicle maker Nio has shipped its first batch of flagship ES8 SUVs to Norway, the company said on 22 July. The shipment is a key step in …
Nio’s shipment of EV’s is en route to Norway Read More
Telenor ended a dramatic first half of the year with a sale of its business in Myanmar. The company still does not have the final calculation ready for the investment, but …
Telenor is raising the forecast for this year despite selling its Myanmar business Read More
Finnish network equipment maker Nokia has won part of three new 5G mobile phone technology contracts with Chinese telecom operator China Mobile, local media Helsingin Sanomat reports. China Mobile released the results …
Nokia secures 5G win with China Mobile, Ericsson loses share 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
The Finnish mining company Metso Outotec has entered into an agreement with PT Freeport Indonesia for the design and technology delivery of a new copper smelter to Gresik in Indonesia, …
Finnish Metso Outotec received a € 360 million giant order from Indonesia 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
The Danish towage operator and Maersk subsidiary Svitzer AMEA has signed a 10-year time charter contract with the Philippines’ FGEN LNG Corporation, a wholly-owned subsidiary of First Gen Corporation to …
Svitzer AMEA to provide towage service to Philippines LNG terminal Read More
On 16 July, Swedish telecom giant Ericsson shares went down more than 8 percent as the company said it was no longer expecting to win 5G tenders in China, Reuters …
Ericsson no longer banking on winning 5G tenders in China Read More