- - -









- - -
Investment opportunities

Tips from an insider: Five innovative tech startups

Tips from an insider: Stockholm tech start-ups

5 hot life science firms in Stockholm

Stockholm's top five infrastructure projects

Four Stockholm-based ICT firms to watch

Stockholm pioneers life science research

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

- - -
Rankings and surveys

Sweden tops English-language skills ranking

Sweden ranked world's best country to grow old

Swedish passport world's best for travellers

Sweden second best country for mothers

Stockholm climbs in competitiveness rankings

Sweden among best countries to be born

Fortune: 'Stockholm top place for startups'

Sweden tops first global Web Index

Sweden world's second most innovative country

Stockholm world's 6th 'best city'

'Cool Stockholm' most competitive Nordic capital

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

The Swedish Wire is a media production company that provides high-quality text, image and video content for international clients.

Ikea makes first greentech investment

Ikea’s venture capital firm plans more investments next year as the company undertakes several new "green" initiatives.

Wind power in Sweden breaks new record
How Sweden became an innovation frontrunner
Ikea invests in more wind power plants

It took more than two years for Ikea to announce its first investment in its venture capital unit Ikea Greentech, which is dedicated to find business opportunities in innovative clean-tech companies.

The Swedish furniture giant invests 2 million euro in energy storage devices maker Alelion Batteries, making Ikea the second biggest owner after Swedish state-controlled venture capital firm Fouriertransform. The investment is to be used for development of alternative energy solutions and lighting.

“We hope to be able to develop small-scale eco-efficient products for Ikea customers through this investment”, said Christian Ehrenborg, chief executive officer of Ikea GreenTech. “Alelion is a company within the field of energy storage for small devices. This is well in line with the way Ikea wants to develop the range of energy products”.

The world’s biggest home-furnishings retailer told Swedish media it plans to announce more green investments next year. Ikea Greentech invests primarily in technology-based companies, that improve the sustainability of the Ikea business activities. It has 50 million euros to invest.

Ikea aims to cut its carbon footprint and also looks to invest more in wind and solar power and other "green" initiatives. In September the company bought six German wind farms. Ikea is now the owner of 52 wind turbines after a similar deal involving four French wind farms last year. “We are conscious of our impact on people and the environment, so we feel duty bound to act responsibly in all we do,” chief executive Mikael Ohlsson told the FT.

The retailer has undertaken several other green initiatives in recent years, such as charging a small fee for plastic bags at the checkout registers, urging customers instead to opt for reusable bags. It has also announced plans to phase out incandescent bulbs in its U.S. stores.

Ikea said last month its net profit for the 2009 fiscal year was up 11 percent to 2.5 billion euros (3.43 billion dollars), in a first annual summary of its financial details.

Last Updated (Monday, 01 November 2010 10:40)


Latest Jobs for English speakers in Sweden


Jobs for English speakers in Sweden

Most Read Searched