Wednesday November 22, 2017 16:36

SWEDEN Press Releases

Fuel-Efficient Engines and a Light Right Foot Help Ford Ranger Set New Eco-Driving Record Automotive—14 Nov 17

""Hypermiling"" drivers from Norway, using eco-friendly driving techniques, set new fuel-efficiency record in Ford Ranger pickup Ranger travels 1616 kilometres on a single tank of fuel during drive through Norway, Sweden and Finland Ford shares tips

Sweden-Based Airline Operator SAS AB Upgraded To #B+# On Improving Financial Outlook Stable Stcoks—13 Nov 17

FRANKFURT--13 Nov--S&P Global Ratings
FRANKFURT (S&P Global Ratings) Nov. 13, 2017--S&P Global Ratings today raised its long-term corporate credit rating on Sweden-based airline operator SAS AB to 'B+' from 'B'. The outlook is stable.
The upgrade follows a period of improving credit metrics for SAS and reflects our expectation that the company will be able to sustain its 'B+' rating-commensurate financial risk profile.

SAS has improved its ratio of S&P Global Ratings-adjusted funds from operations (FFO) to debt to 17.6% at the end of July 2017 from 12.5% at the end of July 2016 on a rolling 12-month basis. The change was mainly due to operational improvements, with a 1.1 percentage-point increase in its adjusted EBITDA margin to 16.2% at the end of July 2017.

According to our base case, SAS will achieve a ratio of adjusted FFO to debt of about 20% in fiscal 2018 (ending Oct. 31) mainly due to sustained EBITDA generation and additional reduction in adjusted debt.

SAS' business profile continues to reflect the company's exposure to the cyclical, fragmented, and highly capital-intensive European airline industry; and its higher cost position compared with peers. Management's focus is on improving the company's competitive position, as evident from its cost-saving plan. Its well-known brand and h

TUV Rheinland Starts Wireless Lab Soft Opening Phase in Sweden IT—24 Oct 17

In mid-September, the global testing service provider TUV Rheinland heralded the soft opening phase of its recently acquired wireless laboratory in the Swedish city of Lund with a customer event. The acquisition of the laboratory, which also constitutes

IKEA invites kids to draw out their dreams through the Soft Toy Drawing Competition November 3-19, General—20 Oct 17

IKEA, the home furnishings retailer from Sweden, is offering Småles and the children of IKEA FAMILY members the opportunity to express their creativity and ideas through the "Soft Toy Drawing Competition," which is being held for the fourth

Photo Release: Thailand FuelWatch Champion joins FuelWatch Grande Final 2017 at General—26 Sep 17

Volvo Trucks Thailand recently sponsored Thailand FuelWatch Champion to join FuelWatch Grande Final 2017 at Sweden. Seen, Miss Wilawan Vispapaew (2nd right), Volvo Trucks Thailand Vice President for Marketing, and Mr. Sitthikorn Sornsujittra (center),

Sweden-Based Real Estate Co. Jernhusen AB Rated #A/A-1#; Outlook Stable Stcoks—29 Aug 17

STOCKHOLM (S&P Global Ratings) Aug. 29, 2017--S&P Global Ratings today assigned its 'A/A-1' long- and short-term corporate credit ratings to Swedish real estate company Jernhusen AB. The outlook is stable. The ratings on Jernhusen reflect our

IKEA Bang Yai is recruiting over 250 part-time employees! Open to everyone, no age limit or General—13 Jul 17

We believe everyone has potential! IKEA, the leading furniture and home furnishings retailer from Sweden, is now recruiting part-time employees at IKEA Bang Yai. We are offering opportunities for everyone regardless of age, educational background, or

Photo Release: CPF joined with world largest seafood corporations in SeaBOS Project to protect General—27 Jun 17

HRH Crown Princess Victoria of Sweden (center white suit), Ambassador for The United Nations Sustainable Development Goals and patron of Seafood Business For Ocean Stewardship (SeaBOS), recently chaired the project's 1st Keystone Dialogue among 10

IKEA holds its IKEA Mid-Year Sale for home lovers with prices starting at only 9 baht! From June 21 Business—22 Jun 17

IKEA's Mid-Year Sale for home lovers is back! The leading furniture and home furnishings retailer from Sweden is offering special deals with over 800 popular items on sale, starting at only nine baht. Thai consumers have the chance to decorate and update

Swedish Power Company Vattenfall Outlook Revised To Stable On Reduced Power Price Affirmed At Stcoks—07 Jun 17

STOCKHOLM (S&P Global Ratings) June 7, 2017--S&P Global Ratings said today that it had revised its outlook on Sweden-based power, heat, and distribution provider Vattenfall AB to stable from negative. At the same time, we affirmed the 'BBB+'

MMS and GfK Close-in on Total Video Ratings Currency in Sweden General—02 Jun 17

One of the leading TV media currencies worldwide, MMS - which measures the moving image in Sweden - has released its digital ad ratings service. The service covers video advertisements on broadcasters' websites and apps viewed across PC, smartphone,

IKEA Phuket re-launched to provide new inspiration and increased floor space, 20% growth Business—01 Jun 17

IKEA, the leading furniture and home furnishings retailer from Sweden, has revamped its Pick-up and Order Point in Phuket with twice the service area to fulfill shoppers' experiences in true "IKEA style." The space is now fully loaded, providing new

TUV Rheinland Acquires Wireless Lab in Sweden IT—16 May 17

Global testing service provider TUV Rheinland has expanded its global involvement in the field of wireless communication technologies by acquiring a wireless lab in the Swedish city of Lund. The acquisition of the laboratory also constitutes the

IKEA, in search of three green home models, is renovating homes for the Sustainable Livingactivity General—04 May 17

IKEA, the leading furniture and home furnishings retailer from Sweden invites eco-conscious homeowners to join the "Sustainable Living" activity, which will search for three families to renovate their homes, changing their behavior and lifestyles in

Lets celebrate IKEAs 5th anniversary in Thailand! Enjoy special offers starting at 25 baht from May General—25 Apr 17

IKEA, the leading furniture and home furnishings retailer from Sweden, launched a mega campaign as a thank you for its Thai customers on the occasion of its fifth anniversary. The campaign includes special offers on many popular items such as a mirror

Get ready to shop for IKEA products at special prices to celebrate the Songkran Festival between General—03 Apr 17

IKEA, the leading furniture and home furnishing retailer from Sweden, is making special offers to celebrate the Songkran Festival. Home lovers are invited to shop for a wide range of popular items including home accessories, furniture, and decorative

Join the team at IKEA Bang Yai! Explore unique job opportunities at the IKEA BANG YAI JOB FAIR General—06 Jan 17

IKEA, the leading furniture and home furnishing retailer from Sweden, is enhancing its vision to create a better everyday life for people who live in the west side of Bangkok. IKEA will hold a job fair to recruit team leaders and full time co-workers,

Sweden, World Bank Support Better Solid Waste Management in Bosnia and Stcoks—23 Dec 16

SARAJEVO, December 22, 2016 – The World Bank has received a contribution of US$2.0 million from the Swedish International Development Agency (Sida) to provide Technical Assistance (TA) for improved solid waste management practices in Bosnia and

IKEA kicks off year-end sale with maximum discounts of up to 70% from December 21, 2016, through to Business—22 Dec 16

IKEA, the leading furniture and home furnishing retailer from Sweden, once again makes home lovers happy with its year-end sale offering maximum discounts of up to 70%. Over 500 items of meticulously-designed and ensured-quality products are on sale at

The New, Award-Winning, Volvo S90 Flagship Launches, 2017 Volvo V40 T4 Hatchback Facelift with New Automotive—02 Dec 16

The New Volvo S90 Flagship Executive Sedan is set to shine at the Motor Expo 2016 after sweeping leading automotive awards worldwide this year. The New Volvo S90 – Innovation Made by Sweden - is the ultimatum of design – perfectly balanced

IKEAs Vinter 2016 Collection shares home decorating ideas for New Years Eve in a Swedish Business—22 Nov 16

IKEA, the home furnishing retailer from Sweden, introduces the "VINTER 2016 Collection" in the natural color palettes of grey-gold-brown along with festive white-red-green colors for Christmas. The VINTER 2016 Collection ranges from decorations to

IKEA kicks off its Good Cause campaign, Lets Play for Change, supporting childrens right to play Business—18 Nov 16

IKEA, the home furnishing retailer from Sweden, has launched its latest Good Cause campaign, "Let's Play for Change," with an aim to support the right of all children to learn, develop, and have fun by highlighting the benefits of play. For every soft

IMF Executive Board Concludes 2016 Article IV Consultation with Sweden Stcoks—18 Nov 16

On November 14, 2016 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Sweden. Sweden is enjoying strong economic performance, with real GDP growth heading for about 3.4 percent in 2016 on the