AGP Executive Report
Last update: 3 hours agoDefence Technology: Saab’s large uncrewed underwater vehicle has completed its first sea trials after being developed in under a year. Swedish defence authorities will assess its military potential. Industrial Equipment: Kalmar reported a 22% rise in third-quarter orders to €458 million, with sales broadly flat and strong cash generation. Energy: Sweden joined 10 European countries pledging to release oil reserves as fuel prices climb. Vattenfall’s profits also rose despite a weaker quarter. Nuclear Supply Chain: Alleima won an order for a British nuclear power plant, adding to Sweden’s role in the sector. Steel and Materials: SSAB maintained its Swedish electric-steel production targets, while Talga secured an offtake agreement to supply anode material to Japan’s Dainen. Transport: Stena Line agreed to acquire Color Line, expanding its ferry operations. Automotive: Volvo Cars plans 2,500 job cuts after a quarterly loss, as it reviews its strategy.
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