Here you'll find quick news about Swedish business and economy.
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• World number one air bag and seat belt maker Autoliv gave an upbeat forecast for the coming year on Friday after posting fourth-quarter earnings above forecast.

• Engineering company SKF posted a worse-than-expected 40% drop in fourth-quarter net profit because of charges relating to cost-cutting measures, and said it may cut costs further as demand in the year ahead remains uncertain.

• Shares in Spyker Cars soared as much as 74% Wednesday after the Dutch sports car maker at last agreed a deal to buy Swedish auto group Saab from General Motors. 

• Higher Swedish producer prices in December. Producer prices on the domestic market increased by 0.7 percent from November to December, while import and export prices decreased by 0.6 and 0.4 percent, respectively

• In December 2009, Swedish exports of goods amounted to 82.3 billion kronor, while imports of goods amounted to 77.3 billion kronor. As a result, the net trade surplus was 5.0 billion kronor.

•  Radical Somali Islamists linked to al-Qaida recruiting youth in Swedish suburbs.

• Alice is the new top name on the list of the most popular first names for girls during 2009 while Lucas stays in first place among the boys.

• Swedish fund seen as model for bank bailouts. When it comes to the global financial crisis, Sweden seems to have something to offer as the world searches for solutions to restore the billions lost in bank bailouts.

• Paper maker Stora Enso said its fourth-quarter operating profit will be hurt by a charge of €42 million ($59 million), mainly due to a fine for price fixing.

Here you'll find quick news about Swedish business and economy.
Click on the link to find the full story.

• When it comes to rescuing banks, the Swedes are earning a reputation as trendsetters. First they set a standard for recovering from disaster; now they want to export their idea for how to pay for it.

• Nearly only men earn a million kronor a year in Sweden.

• Swedish network equipment vendor L.M. Ericsson Telephone Co has secured a contract to upgrade telecom operator 3 Scandinavia's networks in Denmark and four Swedish cities.

• Skanska AB said negative e-mails circulating in the financial market about its upcoming year-end report and Latin American activities contain false and misleading information.

• Many enterprises prefer to replace physical meetings requiring travel in favour of teleconferencing, web-based or video meetings.

• Sweden's jobless rate stood at 5.6 percent in December, up from 5.3 percent in November, a report from the Public Employment Service said on Monday. Economists' expected the jobless rate to be 5.8 percent.

Here you'll find quick news about Swedish business and economy.
Click on the link to find the full story.

• Real estate prices in Sweden for one-or two-dwelling buildings have increased by 1 percent during the fourth quarter of 2009 compared to the third quarter. On an annual basis we can see an increase in prices of 5 percent.

• A final decision to sell or kill tiny Swedish carmaker Saab could come later this month or in early February, GM Europe President Nick Reilly said.

• Airline SAS Group's traffic decreased by 10.9 percent during December and seat capacity was down 16.4 percent versus 2008.

• Vodafone has abandoned its plans to exclusively offer Sony Ericsson’s flagship Xperia X2

• Formula One supremo Bernie Ecclestone and investment company Genii Capital will soon have initial financing to show GM they can fund a purchase of carmaker Saab.

• How Sweden sent Estonian economy into freefall.  

Here you'll find quick news about Swedish business and economy.
Click on the link to find the full story.

• The clothing retailer H&M has promised to stop destroying new, unworn clothing that it cannot sell at its store in Herald Square, and would instead donate the garments to charities.

• New orders for Swedish industry up 2.1 percent in November.

• Activity in the Swedish economy dropped in November, according to estimated trends in the Activity Index.

• Comments from General Motors Chief Executive Ed Whitacre that a deal to save Saab Automobile AB was unlikely best are perceived as "negotiation tactics," a union leader at the Swedish car maker told Dow Jones Thursday.

• A group of 13 Hollywood movie studios has appealed a decision by a Swedish court not to force ISP Portlane to bring down the file-sharing network OpenBitTorren.

• A delegation from the Swedish government will meet with General Motors next week in the United States to discuss the future of loss-making car unit Saab

• Swedish krona trades near 4-week high against US dollar

• The building of one of Autoliv's major steering wheel plants for the European automobile industry was completely destroyed due to a fire in connection with repair work over the Christmas Holidays.

• The number of new cars (first registration) totalled 20 115 in December 2009. This is an increase of 12.2 percent compared to December 2008.

• Loomis, offering solutions for distribution of cash for banks, acquires the assets and customers contracts from Hammond Services based in Idaho.

• The intended interest rate path for Sweden's Riksbank is unchanged from the previous assessment, with hikes due in autumn 2010, the Swedish central bank said in the minutes of its December 15 meeting.