Nordic Mining Halts Operations to Save Money
Nordic Mining has temporarily stopped mining operations to save money. The company has struggled with financing and is at risk of bankruptcy....
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Nordic Mining has temporarily stopped mining operations to save money. The company has struggled with financing and is at risk of bankruptcy....
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Nordic startup funding fell sharply in 2023, with Sweden capturing the largest share. Investor focus has shifted from growth to profitability,...
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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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Finnair cancels flights for 11,000 passengers after water cleaning damages seat fire safety. The airline refuses EU compensation, calling it a...
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Swedish bank SEB reported Q3 profits below expectations despite beating net interest forecasts. Household lending grew slightly, driven by Baltic...
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Swedbank's third quarter profits fell to 11.1 billion kronor from 13.2 billion last year. The Swedish bank saw declines in both interest and fee...
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Volvo Cars increased quarterly profits despite selling fewer vehicles. The Swedish automaker earned 6.4 billion kronor while facing 7 percent sales...
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Finnish food processor Atria will cut 60 jobs at its Jyväskylä plant while investing €16 million to modernize its Kauhajoki facility. The workforce...
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Norwegian Christmas spending is set to reach 150 billion kroner this year, with each person spending 26,800 kroner on average. Economic improvements...
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Norwegian Christmas spending is expected to reach 150 billion kroner this year, with each person spending 26,800 kroner on average. Economic...
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Construction flaws have been identified in the foundation work for Gothenburg's new artificial peninsula. The issues may delay the Global Business...
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Vintage retailer Juno Juno will open in Fjällsport's former location on Gothenburg's Magasinsgatan this November. The move signals continued growth...
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Aalborg moves closer to getting its first five-star hotel as expansion plans for Radisson Blu enter public consultation. The luxury hotel would cater...
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Mowi's acquisition of Nova Sea has received final approval from Norwegian competition authorities and the EU Commission. The deal makes Mowi the 95%...
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Icelandic companies are setting ambitious sustainability targets and tracking their environmental impact through detailed reporting. Two leading...
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Iceland's housing market stalls as banks halt inflation-linked mortgage approvals following a Supreme Court ruling. Qualified buyers face rejections...
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An Icelandic businessman's bankruptcy case has reopened 16 years after his initial collapse. MagnĂşs Ăžorsteinsson was part of the group that bought...
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Arion Bank temporarily stops issuing indexed mortgages following Iceland's Supreme Court ruling on loan terms. The bank seeks solutions during legal...
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Icelandic prosecutors charge Remax franchise owner Þórarinn Arnar Sævarsson with manipulating Kviku bank shares in 2020. The case involves 71...
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Iceland's housing market faces paralysis as lenders halt inflation-linked mortgages following a Supreme Court ruling. Real estate agents warn...
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Icelandic banks suspend inflation-linked mortgages after Supreme Court ruling deems lending terms unlawful. The decision creates uncertainty in...
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ĂŤslandsbanki cuts core mortgage limits from 70% to just 50% of property values. The changes respond to new European banking regulations and affect...
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Iceland's new retail giant Drangar could reach a 40 billion krĂłnur valuation if integration succeeds. The conglomerate combines energy, retail and...
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