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September 29, 2023

🇸🇪 🇨🇦 Northvolt to establish battery factory in Quebec

Article by North Sweden Business
SKELLEFTEÅ Battery manufacturer Northvolt announced on Thursday that it will build a battery factory outside Montreal, Quebec, Canada.
The new plant outside Montreal, named Northvolt Six, will produce batteries, cathode materials and recycle batteries.
The factory will produce batteries with a total capacity of 60 GWh, which is four times more

September 27, 2023

🇸🇪 Saab establishes operations in Boden

Article by North Sweden Business
The Weaponry Services department will build up a team in Boden for a workshop with so-called unit-based support for the weapon systems used by the Swedish Armed Forces’ units in Boden. There are also such units in Växsjö and Halmstad.
Saab has acquired hangars at the former heliport, AF1, in

September 26, 2023

🇸🇪 W5 Solutions buys Box Modul

Article from North Sweden Business 
PITEÅ W5 Solutions AB acquires all shares in the Piteå company Box Modul. The purchase price is SEK 180 million.
W5 Solutions, based in Nacka, Stockholm, delivers systems and solutions to companies and authorities in the defence sector. The company offers expertise in training and simulation, communication, power supply and integration.

September 25, 2023

🇸🇪 Steelmaker SSAB flags possible staff cuts in Finland as demand falls

STOCKHOLM (Reuters) -Swedish steel maker SSAB will launch talks with trade unions to adjust its workforce further in Finland due to continued weak demand, it said on Monday.
SSAB said the aim of the measures at its Raahe steel plant was to cut costs by at least 10 million euros ($10.6 million)annually and the negotiations

September 21, 2023

🇬🇱 🇨🇦 Businessmen float idea of shipping Greelandic water to Iqaluit

Two Toronto entrepreneurs say they have a solution to Iqaluit’s water supply needs: They’ll ship it in from Greenland.
Fred Grootarz and Mark Albert want to use tankers to transport the water to Iqaluit’s port, where it would be stored year-round in electrically heated tanks.
Albert calls the plan “a perfect fit” for Iqaluit.

September 21, 2023

🇸🇪 New Owners Expect to Complete Acquisition of Norwegian Arctic Mine This Year

Article by High North news
The Swedish mineral company Grangex expects to complete the acquisition of the Sydvaranger iron ore mine in Northern Norway during 2023. In an update from the company, several key figures for the planned mining operation are presented.

At the end of June, Swedish mineral development company Grangex announced

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