Sweden

Sweden's Essity Raises Margin Target After Vinda Sale

Swedish hygiene products maker Essity raised its core profit margin target and reiterated its core sales target after divestment of Hong Kong-listed subsid...

Axfood Agrees To Acquire City Gross For SEK 2bn

Swedish retailer Axfood has reached an agreement with Bergendahl Food Holding to acquire 100% of the food retail chain City Gross for SEK 2 billion (€...

Oda To Cut 150 Jobs As It Shifts Focus On Norway, Sweden

Oda plans to merge its Swedish, Norwegian and global management group as it seeks to achieve profitability in the Norwegian and Swedish markets by 2025.

Dagab To Focus On Axfood's Convenience Trade From Örebro Facility

Axfood subsidiary Dagab will cater to external customers in the convenience trade from its existing warehouse in Örebro, Sweden.

Axfood Names Shoan Etemadi As New Managing Director Of Hemköpskedjan

Axfood has appointed Shoan Etemadi as the new managing director of Hemköpskedjan AB, which operates the Hemköp and Tempo chains in Sweden.

Swedish Investor AP7 To Back Study On Mondelēz’s Russia Business

At least one Mondelēz International investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent...

Sweden's Essity Invests In New Research And Development Centre

Swedish hygiene products maker Essity is investing in a new research and development centre in Alsace, France, that will focus on tissue hygiene products.

Ardagh Glass Packaging-Europe Agrees To Acquire Sweden's Svensk Glasåtervinning

Ardagh Glass Packaging-Europe (AGP-Europe), an operating business of Ardagh Group, has agreed to acquire Swedish glass recycler Svensk Glasåtervinnin...