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Ericsson to cut as many as 2,200 Swedish jobs to reduce costs

2015-03-11 12:27:49| Wireless - Topix.net

The reductions, about 2 per cent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement Wednesday. The cuts are part of a program, announced in November, to reduce costs by 9 billion kronor over three years.

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OSI to provide TDNS for the Royal Swedish Navy A19 Submarine Upgrade Programme

2015-02-23 12:00:00| Naval Technology

OSI Maritime Systems (OSI) is pleased to announce the awarding of a contract to deliver tactical dived navigation systems (TDNS) for the Royal Swedish Navy A19 Götland-class submarines' upgrade programme.

Tags: provide programme royal upgrade

 
 

IPEG sells Rapid Granulator to Swedish firm

2015-02-18 17:03:55| Canadian Plastics Headlines

Size reduction equipment maker Rapid Granulator has new ownership. Cranberry Township, Pa.-based IPEG Inc., which owns the Rapid Granulator group of companies, has sold them to Lifco AB, a diversified public company headquartered in Enköping, Sweden. The terms of the… The post IPEG sells Rapid Granulator to Swedish firm appeared first on Canadian Plastics.

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Swedish Square Rival iZettle Pushes Free Card Readers to Europe

2015-02-17 14:48:46| Appliances - Topix.net

Payments startup iZettle AB plans to offer free credit-card readers for phones and tablets to rattle competitors and spur some of the 20 million European small businesses that still don't take plastic to sign up to its service. A Swedish rival to Jack Dorsey's San Francisco-based Square Inc., iZettle expects to at least double its current annual carried transaction rate of 2 billion euros within 12 months, Jacob de Geer, founder and chief executive officer of the four-year-old company, said in an interview at his Stockholm headquarters.

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Swedish Billionaire on M&A Prowl as High Prices No Deterrent

2015-02-17 06:34:39| Appliances - Topix.net

"There are opportunities," the 63-year-old said in an interview in one of his Stockholm offices. "We're looking for opportunities in all the companies."

Tags: no high prices swedish

 

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