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3:2
BUSINESS
Sweden's largest car dealer buys time on billion-kronor bond, owners inject half a billion in fresh capital
Hedin Mobility Group's owners are pouring 500 million kronor of personal capital into the debt-laden car dealer chain and guaranteeing another 250 million, a costly manoeuvre to keep a maturing one-billion-kronor bond from triggering a default.
3:2
BUSINESS
Nordea Cuts 1,500 Jobs Across All Four Nordic Markets, Targets €600 Million in Annual Savings by 2030
The Nordic region's largest bank is eliminating around 1,500 positions across Sweden, Finland, Denmark, and Norway over 2026–2027, executing on a cost-reduction programme announced last November that aims for at least €600 million in annual savings by the end of the decade.
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BUSINESS
AI Firms Accelerate Stockholm Office Split, Premium Rents Rise as Back-Office Space Empties
AI companies are concentrating demand in premium city-centre offices while automating away the need for generic administrative space, creating a widening gap in Stockholm's commercial property market that will ripple across the Nordics.
3:2
BUSINESS
Kone eyes $25 billion TK Elevator takeover, largest Finnish acquisition in history
Kone is moving to acquire Germany's TK Elevator within weeks in a deal valued at $25 billion, a transaction that would reshape the global elevator industry and mark the largest industrial acquisition in Finnish corporate history.
3:2
BUSINESS
SKF CEO warns Middle East conflict hitting Swedish exports hard, indirect global effects even worse
SKF chief executive Rickard Gustafson says the Middle East conflict is having a "very large impact" on the Gothenburg-based ball-bearing giant, with sales in the region difficult to maintain and physical deliveries disrupted — while warning the indirect global effects dwarf the direct ones.
3:2
BUSINESS
Candela's hydrofoil ferries win orders from Stockholm to San Francisco, test whether cities will pay without subsidy
Stockholm-based Candela is manufacturing electric ferries that rise above the water on hydrofoils, slashing energy use by 80 percent compared to conventional vessels — and has begun delivering to cities on three continents.
3:2
BUSINESS
Boliden's Garpenberg Mine Shutdown Burns 150 Million Kronor Per Week, No Restart Date Set
Boliden has suspended all production at its flagship Garpenberg mine after a cave-in that hospitalised three workers, with no timeline for resumption. Ålandsbanken estimates the closure costs up to 150 million kronor per week, making even a short stoppage a material hit to quarterly earnings.
3:2
BUSINESS
GN Store Nord sells hearing aid division for 25 billion kronor, stock surges 40 percent as Danish conglomerate dismantles itself
GN Store Nord is divesting its ReSound hearing aid division for approximately 25 billion Swedish kronor — a sum equivalent to the company's entire market capitalisation — in one of the largest corporate divestitures in Danish history.
3:2
BUSINESS
GN Store Nord surges 40% after selling ReSound hearing aids for 25 billion kronor, bets future on Jabra and SteelSeries
Danish conglomerate GN Store Nord saw its share price explode more than 40 percent after announcing the sale of its ReSound hearing aid division in a deal worth approximately 25 billion Swedish kronor — one of Denmark's largest corporate transactions in recent years.
3:2
BUSINESS
GN Store Nord Sells ReSound Hearing Aid Division, Sheds the Business That Defined It
GN Store Nord is divesting its ReSound hearing aid business in a multi-billion-kroner deal expected to close before year-end, raising sharp questions about what remains of one of Denmark's oldest industrial groups after it parts with the unit that made it a global name in audiology.
3:2
BUSINESS
Kinnevik fires CEO Ganev without explanation, appoints board member as interim chief
Kinnevik, one of Sweden's most influential listed investment companies, has replaced CEO Georgi Ganev with immediate effect and installed board member Rubin Ritter as interim chief while searching for a permanent successor.
3:2
BUSINESS
Denmark's C25 Posts Worst Start to 2026 Among Developed Markets, Concentration Risk Laid Bare
Denmark's benchmark C25 index has delivered the worst opening to 2026 of any developed-market stock exchange, extending a run of underperformance that exposes the structural fragility of a market dominated by a few mega-cap names.
3:2
BUSINESS
Finnish entrepreneur pivots from St Petersburg to Kyiv, bets on Ukraine reconstruction boom
Henri Riihimäki left St Petersburg when Finland's consulate closed in 2023. Now he's positioning himself as the go-between for Finnish companies chasing Ukraine's vast rebuilding market — a commercial pivot that says as much about Finland's economic reorientation as about one man's career.
3:2
BUSINESS
Lyten completes Northvolt sweep, buys last Swedish asset — recycling plant in Skellefteå
US startup Lyten has signed a binding agreement to acquire Northvolt's recycling facility in Skellefteå, completing the full disposal of all Swedish assets from the Nordic region's largest industrial bankruptcy. Hazardous waste cleanup and regulatory approval remain before the chapter can formally close.
BUSINESS
Klarna chairman buys $50 million in shares, stock rises on insider confidence signal
Michael Moritz, Klarna's chairman, has purchased nearly $50 million worth of shares through a holding company — a deliberate move given he held no personal stake at the time of the Swedish fintech giant's IPO last year.
BUSINESS
Egmont Clears One Billion Kroner in Operating Profit, Revenue Falls — Danish Media Foundation Squeezes More from Less
Danish media conglomerate Egmont pushed its operating surplus past one billion kroner in 2025 despite declining revenues, raising questions about which divisions are being cut and what the numbers mean for Nordic media consolidation.
BUSINESS
Viking Line confirms data breach, customer tax-free pre-order records stolen
Finnish-Swedish ferry company Viking Line has confirmed a data breach targeting its pre-order system for tax-free goods, potentially exposing customer records across multiple Nordic countries.
BUSINESS
Epidemic Sound founder exits CEO role, CFO takes interim charge as EQT eyes listing
Oscar Höglund, who co-founded Epidemic Sound 18 years ago, is stepping down as CEO and moving to the board. CFO Sara Börsvik takes interim control of the multi-billion-krona company as majority owner EQT weighs a stock market listing.
BUSINESS
ECB fines Nordea €2.26 million for misreporting credit risk, Finnish subsidiary at centre of compliance breach
The European Central Bank has imposed a €2.26 million administrative fine on Nordea after finding that its Finnish subsidiary, Nordea Rahoitus Suomi, misreported large credit risk exposures — a regulatory violation at the Nordic region's most systemically important bank.
BUSINESS
Green steel needs permanent subsidies to compete, report finds, as Sweden's Stegra teeters
A new report from S-Curve Economics concludes that the global steel industry cannot decarbonise without state subsidies, raising uncomfortable questions about Sweden's flagship green steel projects and the taxpayers underwriting them.
BUSINESS
Mowi sues US customs over Trump tariffs, Norwegian salmon giant takes Washington to court
Mowi, the world's largest salmon farmer, has filed a lawsuit against American customs authorities challenging the Trump administration's tariff regime — a rare move by a Nordic company willing to confront the US government on its own turf.
BUSINESS
Lego posts record 16.7 billion kroner profit, rural Jutland headquarters defies Danish tax debate
Lego's after-tax profit hit 16.7 billion kroner in 2025, the highest in the company's history, driven by strong Star Wars product lines and global demand. The result underscores how private ownership and a long-term horizon have made a toy company from rural Denmark one of the Nordic region's most profitable enterprises.
BUSINESS
Finnish cloud firm UpCloud bets on EU sovereignty, challenges US hyperscalers on Nordic turf
Helsinki-based UpCloud is positioning itself as a European alternative to Google and Microsoft cloud services, arguing that US dominance over cloud infrastructure leaves European data legally exposed to American jurisdiction — a vulnerability Nordic governments are only beginning to take seriously.
BUSINESS
Lyten Hunts for Customers at Northvolt's Skellefteå Factory, Only Confirmed Buyer Is Itself
American battery startup Lyten says it is negotiating with multiple potential customers for the Skellefteå gigafactory it acquired from Northvolt's bankruptcy estate, but the only signed deal so far is with the company's own Polish subsidiary.
BUSINESS
Zealand Pharma loses 10 billion kroner in market value, weight-loss data disappoint investors betting against Novo Nordisk
Danish pharmaceutical company Zealand Pharma shed roughly 10 billion Danish kroner in market capitalization after releasing clinical data for a new weight-loss drug that failed to impress investors already benchmarking everything against Novo Nordisk's dominant GLP-1 franchise.
BUSINESS
Stockholm Exchange Drops Five Percent as Iran Escalation Hits Export-Heavy Sweden Hardest
The Stockholm stock exchange fell five percent in a single week as the Iran conflict escalated, exposing Swedish pension savers and export-dependent industries to losses that Nordic neighbours largely avoided.
BUSINESS
Zealand Pharma crashes on Copenhagen exchange after weight-loss drug disappoints, Novo Nordisk grip tightens
Danish biotech Zealand Pharma saw its stock plunge on the Copenhagen exchange after releasing weight-loss trial data that fell short of investor expectations, underscoring Novo Nordisk's near-unassailable dominance in the obesity drug market.
BUSINESS
Zealand Pharma shares plunge on weak weight-loss data, Novo Nordisk's moat widens
Danish biotech Zealand Pharma saw its stock drop sharply after publishing disappointing weight-loss trial results for a new drug meant to challenge Novo Nordisk's dominance in the obesity market.
BUSINESS
Maersk Suspends Two Intercontinental Routes, Nordic Supply Chains Face Higher Costs and Longer Waits
Copenhagen-based Maersk, one of the world's largest container shipping companies, has paused two intercontinental transit routes due to the Middle East conflict — a decision that will ripple through Nordic import and export networks with higher freight costs and extended delivery times.
BUSINESS
Finland bets welfare state on startups, taxpayers bear the downside risk
Finland is increasingly relying on fast-growing tech companies to replace declining industrial tax revenue, but the welfare state was built for stable payrolls — not venture capital cycles. When startup bubbles burst, the bill lands on ordinary taxpayers.