Nordic News, Business and Life in Asia
AB Volvo has completed the acquisition of 45% of the Chinese automotive manufacturer, Dongfeng Commercial Vehicles Co., Ltd. The purchase consideration amounted to RMB 5.5 billion, according to the company’s …
Volvo completes acquisition of 45% of Dongfeng Read More
Swedish automaker Volvo Cars announced Monday it had beaten its historical sales record in 2014, mainly due to a successful expansion in China. Volvo sold 465,866 cars over the year, …
China expansion sees Volvo Cars hit sales high Read More
The deadline for the submission of tenders to supply Bangkok Mass Transit Authority (BMTA) with a new fleet of 3,183 buses, was finally scheduled for January 2015. Conspicuously absent from …
Bangkok’s new bus fleet saga: why Scania, Volvo opt out Read More
Dynamic duo relaunch Denmark’s iconic audiovisual electronics brand, Bang & Olufsen, in Thailand A penchant for mixing business with pleasure brought Danish businessmen Kenneth Hovmoller and Peter Waagensen to a …
A taste for Danish ultra-luxury home entertainment Read More
A single shipment of Russian oil caused between KR40 million and KR80 million ($6.5 million-$13.1 million) in losses for failed fuel supplier OW Bunker after executives at its Singapore subsidiary …
OW Bunker Singapore lost $13m on one Russian oil shipment Read MoreNorwegian salmon is selling like never before, all over the world. Both prices and production have jumped, despite the loss of major markets in Russia and China, and profits are …
Norwegian salmon exports remain strong despite trade sanctions Read More
A former manager at bankrupt bunker supplier OW Bunker has been arrested in Denmark, the Danish public prosecutor said. Danish authorities will extradite the man to Italy, where is he …
Former OW Bunker manager arrested Read More
HERE, a leader in navigation, mapping and location experiences, on December 15 announced that it has teamed up with Baidu, the leading Chinese language Internet search provider, to power its …
Nokia powering maps for Baidu outside of China Read More
Thailand’s SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS from the current Norwegian owners, private equity …
Thailand’s SCG Chemicals buying Norwegian chemical firm Norner Read More
Barely a few months into its Asia launch, the new range of Volvo Trucks so impressed customers that key agreements have been inked to supply regional hauliers. Pak Nam Po …
New Volvo truck range gains traction in SE Asia Read More