Nordic News, Business and Life in Asia
A new savings plan from Vestas. The fixed costs will be reduced by at least EUR 150 million (DKK 1.1 billion) with full effect from 2013. The Vestas organization will …
Blowing in the wind – huge Vestas savings Read MoreTotal E&P Norge has issued a Letter of Award to Maersk Drilling for one of two ultra-harsh environment jackups under construction in Singapore. The rig will be used for development …
Total reserves rig for Hild development drilling Read MoreThe Embassy arranged a programme to visit SKF and Volvo, two of the largest Swedish companies in Singapore employing some 250 people each. SKF and Volvo have both their HQs …
Leading politician from Göteborg visits SKF and Volvo Read MoreThe popularity of do-it-yourself furniture among Thai consumers will increase significantly after the country’s worst floods in 50 years, according to the Swedish home furnishing giant Ikea. Lars Svensson, the …
Ikea set for low-key opening Read MoreNew unrest is not exactly what Vestas needs. Therefore the sudden downgrading causes new worries. Delayed commissioning of a new generator factory may be a long and costly business.Vestas announced …
Downgrading exposes Vestas’ confidence crisis Read MoreSwedish telecom equipment manufacturer Ericsson Thursday said Sony Corp would acquire its stake in their joint venture — Sony Ericsson Mobile Communications — for Euro 1.05 billion ($1.47 billion) making …
Sony to acquire Ericsson’s stake in joint venture for $1.47 bn Read MoreStieg Larsson’s best-selling Millennium thrillers have inspired films, an upcoming comic book, sightseeing tours and now a special H&M line dedicated to his tattooed hacker heroine, the Swedish fashion giant …
‘Girl with the Dragon Tattoo’ gets own H&M line Read MoreSwedish pensioners living abroad will soon be receiving a letter from the Swedish Pensions Agency (Pensionsmyndigheten) asking them to fill in a form and report in to the nearest embassy. …
Sweden to pensioners: ‘prove you’re alive’ Read MoreSeptember proved auspicious for Swedish premium brand Volvo after posting a 30.5 percent increase, the best month ever in Volvo cars’ sales history.Driven by strong sales on a number of …
The best month ever in Volvo cars’ sales history Read MoreSingapore based, BMT Asia Pacific Pte Ltd, a subsidiary of the BMT Group, announced today the appointment of Per Røed as its Managing Director. With a background in ship design, …
BMT appoints new Managing Director for Singapore Operations Read More