Nordic News, Business and Life in Asia
A Chinese-owned company set up to take over Saab’s assets after the troubled Swedish carmaker’s bankruptcy said on Aug 29 it had succeeded in being placed in receivership. National Electric …
Chinese owner of Saab car brand granted bankruptcy protection Read More
Finnish dairy group Valio has revealed plans to invest EUR70m (US$92m) to expand its whey powder production as it targets growing demand for infant formula in China. The company said …
Valio to invest in whey powder production in China Read More
Norwegian feed producer Ewos boosted its profit and revenue in the first half of the year, driven by strong growth in Norway, alongside improvements in Vietnam, Chile and Canada. Also …
Ewos makes inroads into Vietnam’s feed market Read More
Carslbergs’ Malay subsidiary has increased the turnover significantly in the year’s second quarter; this resulted in a 29 percent profit jump. According to Carlsberg Brewery Malaysia’s press release the increase …
Carlsberg increase their profits in Malaysia and Singapore Read More
The Chinese leading geographic information service provider Wuda Geoinformatics Co., Ltd (GeoStar) on August 25 officially opened its Finnish branch in Espoo, a southern city next to the capital Helsinki. …
Chinese leading GIS firm opens branch in Finland Read More
Sweden-based automaker Volvo Cars Corp, owned by Zhejiang Geely Holding Group, saw its sales in the Chinese market grow to 7,583 units in June, hitting a new record in single-month …
Volvo Cars sales in China up in H1 Read More
[sliderpro id=”10″] Volvo in Southeast-Asia showcases the 2014 edition of its best-selling model, the XC60 and highlights its upgrades in comparison to previous editions. The XC60 passed the 500,000 units …
The head-turning Volvo XC60 Read More
Telenor has found 19 confirmed and suspected cases of underage labourers in its supply chain as part of its ongoing sustainability initiatives, according to Telenor Myanmar CEO Petter Furberg. While the Norwegian …
Telenor is confronting child labour in Myanmar Read More
By the end of 2014, Tuborg beer will surpass Carlsberg as Carlsberg Group’s most sold Danish beer in the international market. Tuborg is powering ahead in markets like India, China …
Carlsberg’s Tuborg beer posts triple-digit growth in China Read More
Sweden’s Inter Ikea Systems BV, the world’s largest retailer for home furnishings, said China became one of its top 10 markets by revenue for the first time in the current …
China becomes one of Ikea’s Top 10 markets Read More