Nordic News, Business and Life in Asia
Talks will continue over the weekend between Saab and real estate company Hemfosa in the latest bid to save the ailing carmaker. Saab representatives hope that the sale of the …
Factory Sale May Hold Key to Saab’s Future Read MoreChangchun Vasaloppet Museum, the first museum putting skiing as a theme in China, opened here on Saturday. Supported by headquarters of Vasaloppet in Sweden and International Ski Federation and fans …
China Opens 1st Skiing Theme Museum Read MoreThe crisis for the Swedish auto brand Saab is becoming increasingly urgent. Today the company announced that there is no money to pay salaries to employees. The management is desperately …
Saab Automibile Can Not Pay the Workers Read MoreEyeing increasing demand in the home products sector, Sweden-based retailing giant Ikea is accelerating its expansion in China and plans to have 15 stores in the country by the end …
Ikea Aims for 15 Stores in China by 2015 Read MoreVestas’ new supercomputer, Firestorm, is now officially among the most powerful in the world, ranked 53rd place in the Top500.Interactive servicesIt was confirmed just how powerful Vestas’ new supercomputer is, …
Vestas Supercomputer is the World’s 53rd Fastest Read MoreNokia Corp. said Wednesday it has completed a deal to outsource Symbian software development to Accenture, including the transfer of 2,800 workers to the global management-consulting firm. The announcement came …
Nokia to Transfer 2,800 Staff to Accenture Read MoreVestas, one of the world’s largest wind turbine manufacturers, has signed a large contract with the China Datang Corporation Renewable Power Co Ltd, Vestas said in a press release issued …
Vestas Inks Wind Turbine Deal With Datang Read MoreThe N9, a touchscreen handset running on the MeeGo 1.2 Harmattan operating system, will be launched later this year, according to Nokia, which declined to disclose the specific date or …
Nokia Unveils First MeeGo Phone Read MoreSwedish cheap-and-chic fashion giant H&M posted a net profit down 18 percent from a year ago and said it was facing challenging conditions in both its sourcing and sale markets.The …
H&M Sees Profit Slip, ‘Challenging’ Conditions Read MoreWhile production at cash-strapped Swedish automaker Saab’s factory will be down for two more weeks, the company needs the 800 suppliers to accept their repayment scheme by Assembly line workers …
Saab to Staff: Go Home for Two More Weeks Read MoreA delegation of representatives of Finnish enterprises in China, which also included representatives of Finpro, Tekes and FECC, visited the autonomous region of Honghe in Yunnan province from June 9th …
Finnish Delegation Visited Yunnan Province Read MoreFollowing on from the announcement of Sanya as the Chinese stopover for the forthcoming Volvo Ocean Race, Team Sanya – sponsored by the Sanya Tourism Bureau – will become the …
Norwegian Helly Hansen to Sponsor China’s Team Sanya Read MoreAs the world is gradually changing with regained interest on saving the environment and helping less fortunate communities, fashion has taken its toll on this driving force. Along with developing …
H&M Supports UNICEF Read MoreAirline company SAS is planning to shut down several routes outside the Nordic countries. According to a statement released by SAS on Friday, this move is part of the company’s …
SAS to Close Several non-Nordic Routes Read MoreSwedish furniture giant Ikea said Friday it had raised its security level across Europe to make its customers feel safer after booby-trapped products at several of its stores have caused …
Ikea Beefs up Store Security Following Blasts Read MoreA report by the Norwegiaan state food authority reveals that lice levels have increased “dramatically” over the last year, especially among salmon, trout and young trout in key fishing areas …
Deadly Salmon Lice Grow ‘Dramatically’ Read MoreDisgruntled foreign suppliers could prove the stumbling block for disaster-riddled cash strapped Swedish automaker Saab, according to a European association for suppliers. “I think that the patience has more or …
‘Patience Running Out for Saab Abroad’: Suppliers Read MoreRecently at the Norwegian seminar, at the China International Environment Protection Exhibition & Conference (CIEPEC) in Beijing, a historical agreement was signed between Norwegian Water Research Institute (NIVA) and Inner Mongolia …
Norway and China: Joining Forces for a Sustainable Future Read MoreAs the flow of migrant workers dry up in parts of the Pearl River Delta, the number of student workers and interns are on the rise. Hiring workers from vocational …
Workshop on Labour Rights for Student Workers and Interns Read MoreSweden’s Ericsson, the world’s biggest mobile network equipment maker, said Wednesday it would pay $1.15 billion (796 million euros) in cash for US communications software developer Telcordia. Ericsson described Telcordia …
Sweden’s Ericsson Buys U.S. Firm Telcordia Read MoreTroubled Swedish carmaker Saab said Monday it had hammered out the details of a deal to obtain last-ditch rescue funding from Chinese distributor Pang Da Automobile and that a second …
Saab Unveils Second Partner in new China Deal Read MoreA photo taken on board the exploration vessel Viking II shows a Chinese boat involved in the sabotage of the Norwegian Viking II’s seismic survey cable.Vietnam protested to China on …
Vietnam Demands China to Stop Harrassing Norwegian Ships Read MoreAP Moeller-Maersk A/S may be the only shipping line to profit from growing trade between Asia and Europe even as rates reach a two-year low. While Maersk is ordering the …
Maersk Expanding Fleet Amid Tough Economic Waves Read MoreCurrently, 30 percent of Norsk Veritas`CDM projects in China are validated or verified by DNV. It was one of the pioneers in launching CSR verification and the first to promote …
China is “Very Promising” for Norsk Veritas Read MoreRecenrly, a group of nine students from Fudan University, one of China’s most prestigious universities, visited the Norwegian Consulate General in Shanghai. Though they study different subjects, these students are …
Students from Nordic Society visit Consulate General Read MoreA tourist bus with fifty Chinese tourists on their way from Finland to Denmark went off the road near Arboga west of Stockholm this afternoon.Around twenty people have been taken …
Bus in Accident with Chinese Tourists Read MoreChinese fans of new French Open champion Li Na have another reason to be happy as the worldNo 4 has confirmed her participation at this year’s China Open, which will …
Caroline Wozniacki and Li to Play in Beijing Read MoreOfficials and experts from Shenzhen, China, were in Denmark to boost trade and attract investment in high-technology, new energy and other emerging industries, on Monday. “We expect to experience much …
Shenzhen Seeks Danish Investment Read MoreThe Swedish Migration Board (Migrationsverket) plans to investigate Chinese company Huawei following claims from Swedish trade union Unionen that the company is not adhering to Swedish employment law. “The Migration …
Bullying Claim Prompts Probe of Chinese IT Firm Read MoreCash-strapped Swedish carmaker Saab stopped production on Wednesday due to a lack of spare parts, only two weeks after restarting production lines.“The productions line stopped yesterday afternoon. We were working …
Saab Production Grinds to a New Halt Read MoreVolvo Car Corporation starts production of the Volvo C30 Electric to leasing customers in Europe. The Volvo C30 Electric has now left the product development stage. Initial deliveries to leasing …
Starts Production of the Volvo C30 Electric Read MoreThe Norwegian Chamber of Commerce in Hong Kong held the Annual General Meeting on 1 June 2011 at Club Lusitano. The new Board of Directors were elected as follow: Chairman: …
Derek Anthony – New Chairman of Norwegian Chamber of Commerce in Hong Kong Read MoreTroubled Swedish carmaker Saab said on Thursday that production remained halted in a “hiccup” as the company and its suppliers restocked components after a seven-week stoppage which ended two weeks …
Saab’s Production Stop affects its Supplier Base Read MoreEmployees at the Swedish branch of Chinese electronics giant Huawei have been subjected to threats, harassment and public punishment from senior staff, according to a report from Sveriges Radio (SR).Huawei …
Chinese IT Firm ‘Bullies’ Swedish Workers Read MoreSwedish-Dutch chemical group Akzo Nobel said on Monday it had formed a partnership with China’s Quangxi CAVA for the supply of a key ingredient in paints from 2014.“By entering into …
Akzo Nobel Signs China Partnership Read MoreAssisted by Invest in Denmark, Chinese Envision Energy opened a Global Innovation Centre in Denmark in March 2010. Now, only a about a year later, the Chinese wind energy company …
Chinese Wind Turbines Tested in Denmark Read MoreThe fifth China Changchun Summer Relaxation Festival will give the people of the Northeast China city a bustling and joyful summer this year. The government of Changchun, the capital of …
Swedish Vasa Cross-country Run Visits China Read MoreA traditional Chinese medicine company based in northwest China’s Gansu province on Wednesday applied for a product license from the Swedish drug administration, becoming the first traditional Chinese medicine producer …
TCM Company Applies for EU Product License Read MoreNovo Nordisk A/S will boost investment in China to preserve its dominance in the world’s largest market after rival Sanofi SA made a new foray amid an effort by the …
Danish Novo Boosts China Funds Read MoreCargotec, a provider of cargo handling solutions, will establish a global competence center for container terminals development in Singapore, the company said in a press release on June 1. The …
Finnish Cargotec to Set up Global Center in Singapore Read MoreStephen Elop, Nokia’s chief executive, has silenced rumours that the mobile phone maker’s partnership with Microsoft could lead to a takeover. Elop’s announcement comes one month after he revealed that …
Nokia Reassures Staff Amid Takeover Speculation Read MoreText and Photo by the Danish Embassy in BeijingFriday 3rd June, the Danish Embassy in Beijing celebrated the Danish National Day with a reception at the residence of the Danish …
Danish Embassy Celebrated the Danish National Day Read MoreThe Danish brewer Carlsberg Group, one of the world’s premium beer makers, plans to double its global profits by 2015 in part with its expansion in the Chinese market, senior …
Chinese Beer Drinkers Push Carlsberg Forward Read MoreAmerican Lorain Corporation, an international processed snack foods, convenience foods, and frozen foods company based in Shandong Province, China, today announced that the Company has signed a Joint Venture Agreement …
Danish Malaysian Hot & Roll Kiosk Chain Turn to China Read MoreDenmark hopes to attract more Chinese investors through a series of investment seminars around the country, starting Tuesday in Beijing. In pursuit of sustainable development, China’s 12th Five-Year Plan highlights …
Denmark Eyes More Chinese Investments Read MoreJiang, who married Li in January 2006, has coached her throughout her career but he has had to take a back seat since his wife turned to Danish coach Michael …
Chinese Tennis Star Happy for Danish Coach Read MoreMaersk Line will launch a new fortnightly liner service to Papua New Guinea on May 30th. The PNG Express service will deploy two vessels: the 874 TEU Reecon Wolf and …
Maersk Announces New and Upgraded Services Read MoreNorwegian oilfield services player Aker Solutions said today it has won contracts to supply complete drilling equipment packages for two new deepwater drilling rigs being built by China’s Cosco shipyard.The …
Aker Solutions Clinches Rig Duo to China Read MoreThis week, Ambassador Friis Arne Petersen is in Denmark to meet Danish companies wanting to enter the Chinese market. The growing Chinese economy offers great possibilities for Danish companies who …
The Ambassador Meet Companies in Denmark Read MoreDenmark has called upon the Chinese government to resume dialogue with Tibetan spiritual leader the Dalai Lama’s envoys and protect the Tibetan people’s unique cultural and religious traditions. “The parliament …
Denmark Asks China to Resume Dialogue With Exiled Tibetans Read More