Sweden Rate Cut Delivers Instant Relief to Floating Mortgage Holders
Sweden's central bank cut rates to 2.0%, providing immediate relief to households with floating-rate mortgages. The move benefits real estate and...
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Sweden's central bank cut rates to 2.0%, providing immediate relief to households with floating-rate mortgages. The move benefits real estate and...
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Norway's $1.7 trillion sovereign wealth fund lost $40 billion in Q1 2025 due to heavy exposure to US tech stocks during an AI sector correction. The...
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Equinor is cutting 1,200 contractors (20% of contractor workforce) while preserving permanent jobs, reflecting Norway's complex balance between state...
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Sweden's Financial Supervisory Authority faces severe criticism from the National Audit Office over efficiency problems and lengthy investigation...
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Danish engineering firm Ingeniør'ne acquires Odense-based Henneby Nielsen, strengthening its Funen presence during major expansion. The deal resolves...
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Danish wind turbine manufacturer Vestas saw its stock jump nearly 15% following strong quarterly earnings. The company reported substantially...
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Finland's company car taxation undergoes major changes as hybrid vehicle benefits expire. Electric cars maintain stronger support through 2029,...
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Norwegian energy firm Lyse cuts 140 jobs at its telecom subsidiary following nearly one billion kroner in losses. The workforce reduction affects...
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Norwegian telecom provider Lyse Tele announces potential workforce reduction affecting 140 positions. The company cites increased competition and...
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Kongsberg Automotive faces declining third quarter revenue amid challenging automotive markets, particularly in North America. The Norwegian auto...
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Norwegian telecom operator Lyse announces potential layoffs affecting 140 television division positions. The company cites increasing competition and...
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Valmet initiates temporary layoff negotiations affecting packaging and paper machine operations in Finland. The talks involve staff in Jyväskylä...
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Valmet begins change negotiations that could temporarily lay off over 950 Finnish workers. The talks start November 10 and affect major manufacturing...
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Bergen's housing market demonstrates unusual strength with the shortest selling time in Norway and sustained buyer interest. Prices have risen 9.6%...
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Norwegian housing prices declined 0.4% in October despite record sales activity. The market shows early effects of interest rate cuts with regional...
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Norwegian housing prices declined 0.4% in October, though seasonal adjustments show a 0.6% increase. Tromsø and Stavanger led with the strongest...
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Finland's technology industry shows gradual recovery signs with improved employment and steady order backlogs, but trade policy uncertainty continues...
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Sweden's central bank holds interest rates steady at 1.75%, confirming expectations. The rate pause continues through next year with a potential...
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Police and government agencies conducted a surprise raid at Stegra's steel plant in Boden, Sweden. The company is building a facility aimed at...
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Sweden's central bank maintains its key interest rate at 1.75 percent. The Riksbank says the rate will likely stay at this level for the foreseeable...
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Vestas reported increased Q3 sales and orders, particularly for land-based wind turbines. Despite the strong performance, the Danish manufacturer...
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Kirjakaari Oy, a Finnish publishing company from Jyväskylä, has declared bankruptcy with debts of 186,000 euros. The family business specialized in...
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Norway's seafood exports declined slightly in October despite record salmon shipments. Mackerel and herring exports dropped sharply while most other...
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