Export To Scandinavia - Business News

With low interest rates, stability in the Nordic economies and consumer confidence on a record high level, Finnish property market is on its way to recovery, concluded the speakers at the Sponda Capital Markets Day in Helsinki on, Tuesday 21 September.

As part of their efforts to help the IT industry in Kerala identify new market opportunities for growth and expand its reach, the Group of Technology Companies (GTech) in Kerala has unveiled a unique strategy to tap market opportunities in the Scandinavian region of Europe. As an initiative in this direction, GTech in partnership with Invest in Sweden, under the Ministry of Foreign Affairs, Government of Sweden organised a session titled 'Explore Sweden: New Business Opportunities' today at Technopark, Trivandrum.

Paris 92100 , France. The new office will offer the full range of Copernicus international services including the business to business matchmaking service "Connecting Markets"and the acclaimed market entry support of the Interim Key Account Manager Service.

Korea and Denmark have promised to further strengthen bilateral cooperation in developing renewable energy sources and improving fuel efficiency.

Finland wants to exploit the friendly investment climate of Nigeria to boost its business, said Paavo Vannrynen, the Finnish minister of foreign trade and development.

Finland wants to exploit the friendly investment climate of Nigeria to boost its business, said Paavo Vannrynen, the Finnish minister of foreign trade and development.

Finland's Helsinki Stock Exchange General Index, the best-performing developed equity market this year, will extend its gains as Nokia Oyj and Finnish companies closely tied to economic growth keep rising, according to the country's top-ranked fund.

Denmark expects to learn more about Singapore's growth strategies and education system.

Norway's vast fund for oil wealth posted a 25.6 percent return on investment for 2009 -- its best ever -- as international markets recovered from the global financial crunch, the central bank said Friday.

Norway's sovereign wealth fund, the world's second largest, said the value of its investments rose a record 26 percent last year as markets rebounded.

Wind power provides a fifth of Denmark's electricity, most of it generated by giant wind farms built on land and in the country's coastal waters.

Sweden's housing bubble may be exacerbated as consumers bet against interest rate increases, said Lars Magnusson, head of a government group that guarantees housing.

Danish toymaker Lego Group plans to start selling board games in the United States this summer as it extends its business beyond colorful building blocks.

RUSNANO Deputy CEO Andrey Malyshev and Reijo Munther, Director, Materials technology, of Tekes, the Finnish Funding Agency for Technology and Innovation, signed a memorandum on standardization and regulation in nanotechnology at a recent Russian-Finnish roundtable.

Finland is redoubling efforts to restore fiscal health in response to European Union signals it won't tolerate excessive budget deficits as the northernmost euro member vies for investor favor for its debt sales.

Sweden has nabbed the top spot from the United States on a global scorecard that measures nations' digital connectivity and how it contributes to economic growth.

Water knowledge will be flowing between Australia and the Netherlands next month, when a delegation of Dutch water experts visits Australia (7-12 March).

The number of Swedish firms filing for bankruptcy declined by 14 percent in January in comparison with the corresponding month in 2009. 484 companies went to the wall during the month.

The turnover in the industry in December last year by 3 percent over the same month one years earlier. Reported that the Central Bureau of Statistics (CBS) Monday.

Russia's Inter RAO UES and Finland's Fortum have signed an additional agreement to the contract on export of Russian electric power to Finland to increase supplies by 110 million euros, according to the statement of the Russian company. Thus, the export contract totals 360 million euros.

The Swedish government plans to establish closer ties and collaborate with the Qatari government in the Education and Environmental Technology sectors.

Giving deadlines as a pressure tactic against Turkish businesspeople while negotiating "will not work,"according to a study conducted to show cultural differences between Turkey and the Netherlands.

Businesses and other entities in Denmark have until May 1 to acquire a government license to handle materials that might be employed to produce biological weapons, the Copenhagen Post reported Tuesday (see GSN, Jan. 19).

Norway's central bank kept its benchmark interest rate unchanged, after raising it twice last quarter, as higher mortgage rates eased concern of an asset bubble and allowed the bank to use policy to curb krone gains.

As Turkey debates the benefits of hydropower, Poyry, a Finnish expert in consulting and engineering, signs a contract for the development of hydroplants on the main branch of the Euphrates. Poyry is committed to being a global thought leader in engineering-balanced sustainability by 2020, says Vilho Salovaara of Poyry's Energy business group

Norway and the EU have reached a new agreement on how to manage the mackerel stocks. Norwegian fishermen have so far been excluded from catching mackerel in EU waters.

Good news for home owners as industry figures show a rise in the value of rural houses and city apartments

Finland's metropolitan regions Helsinki, Espoo and Vantaa have drafted a Tourism Action Plan valid through 2012 and are using EUR350,000 from the European Regional Development Fund and Uusimaa Regional Council to support their project. The first practical example of their closer regional co-operation was the opening of the Helsinki Region Tourist Information at Helsinki-Vantaa International Airport in August 2009.

The Swedish government released a more optimistic forecast for the economy on Wednesday, announcing it expects the country's GDP to climb by 3.0 percent in 2010.

Beazley Group said it plans to open an office in Oslo, Norway to service energy business for the Beazley syndicates at Lloyd's.

Sweden, a Nordic country on the Scandinavian Peninsula in Northern Europe, is the third largest country in the European Union in terms of area, populated by about 9.2 million people, with its capital in Stockholm. Sweden ranks first in the world in The Economist's Democracy Index and seventh in the United Nations' Human Development Index. Sweden has been a member of the European Union since 1995 and is a member of the OECD. The World Economic Forum 2009-2010 competitiveness index ranks Sweden the 4th most competitive economy in the world. Sweden claims to be an advanced industrial nation, where research plays a key role for economic development as well as for society at large. So, Swedish high-quality scientific and technological development is prominent throughout the world. And we're to consider what stage of progress ICT and e-commerce sectors currently are.

European industrial orders rose more than economists forecast in November on demand for goods such as steel and car parts.

Most small companies seeking to tap overseas markets know they'll have to navigate foreign laws, taxes and regulations. But they also need to figure out how to avoid cultural blunders.

AMSTERDAM-- The equity markets this week are mainly dominated by the well start up of the rate year, which will create more clarity on whether the fruits of industry meet the high expectations. Investors look forward to confirmation of the hope for an economic recovery.

Staroba Plastics Inc. has purchased the EcoStar roofing tile business from Carlisle Cos. Inc., effective Jan. 1. Staroba, a Holland-based injection molder, has manufactured the EcoStar products since the inception of the product. "EcoStar LLC will have full control of all aspects of manufacturing, marketing and selling the EcoStar line of products and will be ideally positioned to consolidate its position as North America's leading supplier of synthetic roofing tiles," Staroba said in a news release. EcoStar roofing tiles are made from recycled rubber and plastic.

India and Finland today signed a revised agreement for avoidance of double taxation and prevention of fiscal evasion with regard to tax on income.

Jan. 14 (Bloomberg) -- Denmark's central bank lowered the benchmark interest rate by 0.1 percentage point to a record low, reducing the difference between Danish and euro area rates to counter the krone's strengthening against the single currency.

The Minister for Trade and Industry Trond Giske travels to China today, with hopes of making Norway the first European country to broker a trade agreement with China.

Jan. 11 (Bloomberg) -- Heineken NV agreed to buy the beer division of Fomento Economico Mexicano SAB, producer of Dos Equis and Mexico's second-biggest brewer, in an all-stock deal valued at 5.3 billion euros ($7.7 billion) to tap faster sales growth in Latin America.

SJ, the public railway company in Sweden, will loose its monopoly next year and according to Swedish radio, the German national railway company Deutsche Bahn is one of the actors who want to enter the market.

Sterling hit one-week lows against the dollar and euro this morning, as the pound fell to political uncertainty as Prime Minister Gordon Brown fought off an attempt within his party to unseat him.

Energy company ploughs 800 million kroner into investigating the enormous Svanefelt gas field Dong Energy has taken a step further towards developing the tricky Svanefelt gas field, which has been judged to hold enough gas to supply Denmark for 30 years, reports trade publication Ingenioren.

Danish green initiatives couple with American high-tech innovation is the key to a sustainable future, according to the US ambassador