Nordic News, Business and Life in Asia
Saab’s owner Swedish Automobile announced Wednesday it had secured more short-term funding with a 25-million-euro ($36-million) loan and that it has started paying out staff’s salaries for June. “Swedish Automobile …
Saab Secures Short term Funding, Pays Wages Read MoreMinisters from the Member States of the European Free Trade Association (EFTA) – Norway , Iceland, Liechtenstein,and Switzerland – and Hong Kong, China have signed a Free Trade Agreement (FTA) today. …
EFTA States and HK, China Sign Free Trade Agreement Read MoreAs Ikea opens its biggest store in Asia, the furniture group has struck a partnership with location-based platform Jiepang to draw young shoppers through its doors. Shoppers who “check-in” at …
Jiepang Helps Ikea Bring In Young Shoppers Read MoreThe development on the container marked must improve more than what is expected at the moment if Maersk Line is to change its mind and exercise the option for ordering …
Maersk Line: No Need for More Than 10 Ships Read MoreThe Danish thai jewelry group Pandora has solved the problems with the rights to use its name in China and is now ready to capture the Chinese market, Berlingske Business wrote.Pandora …
Danish Pandora Ready to Capture China Read MoreScania, a major Swedish automotive manufacturer of commercial vehicles such as heavy trucks and buses, has established a sales and service company in Japan, signalling changes with their alliance to …
Swedish Scania to Start Operations in Japan Read MoreTalks 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 More