Sweden: EIB backs Sandvik with €500 million for advanced mining and machining innovation

This article is brought to you in association with the European Commission.This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed a €500 million loan agreement with Swedish engineering group Sandvik, a global leader in equipment, services and digital solutions for the mining, manufacturing and infrastructure industries, to support the company’s 2026–2029 research and development. The investment programme focuses on […]

Sweden: EIB backs DanAds to accelerate advertising technology to compete with tech giants

This article is published in association with European Investment Bank.This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending €21 million (around 230 million Swedish kronor) to Swedish software company DanAds to help small and medium-sized enterprises (SMEs) in Europe and beyond gain access to premium online advertising channels. The financing will enable DanAds to expand its operations […]

Sweden: SEK 22 billion in EIB financing provided for firms and municipalities in 2024

This article is published in association with European Investment Bank.Sweden: SEK 22 billion in EIB financing provided for firms and municipalities in 2024

Sweden: City of Malmö to build thousands of energy-efficient homes with EIB financing of €225 million

This article is published in association with European Investment Bank. The European Investment Bank (EIB) will lend the Swedish city of Malmö SEK 2.6 billion (around €225 million) to build energy-efficient homes. The project will add more than 1,500 apartments in the city while advancing European Union climate goals and helping Sweden achieve its own energy-efficiency […]

Sweden: Cleantech company Chromafora to tackle widespread chemical pollution with €22.5 million EU backing

This article is published in association with European Investment Bank. The European Investment Bank (EIB) is providing €22.5 million non-dilutive financing to Chromafora, a Swedish cleantech company, to step up Europe’s fight against widespread pollutants known as “forever chemicals”. Chromafora will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or […]

Sweden: European financing powers completion of Stockholm’s state-of-the-art transport hub

Sweden: EIB backs Sandvik with €500 million for advanced mining and machining innovationThis article is published in association with European Investment Bank. The European Investment Bank (EIB) will provide an additional €264 million in financing for the Slussen waterway-redevelopment project in Stockholm, reinforcing the bank’s commitment to sustainable urban renewal. The new financing builds on a previous EIB loan of €382 million and will be used to complete […]

Commission approves €128 million Swedish State aid measure to support SSAB in decarbonising its steel production

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. he European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonising its steel production. The measure will contribute to the achievement of the European Green Deal and the Green Deal Industrial Plan targets, while also helping […]

Commission approves €3 billion Swedish State aid scheme to support the roll-out of biogenic carbon dioxide capture and storage

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €3 billion (SEK 36 billion) Swedish scheme to support carbon capture and storage (‘CCS’) aimed at reducing carbon dioxide (‘CO2‘) released during the combustion or processing of biomass (‘biogenic CO2‘). The measure will […]

Sweden: EU backs Tele2 to reach near-universal 5G coverage

This article is published in association with European Investment Bank. The European Invest Bank (EIB) is providing Tele2 with a €140 million loan to support deployment of the 5G network and upgrade of 4G in Sweden. Tele2 will use the loan to roll out a state-of-the-art 5G mobile network in Sweden with the goal of reaching […]

Commission approves €265 million Swedish State aid measure partly funded under Recovery and Resilience Facility to support H2GS’s green steel plant

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €265 million Swedish measure made available in part through the Recovery and Resilience Facility (‘RRF’) to support H2GS AB in setting up a large-scale green steel plant. The measure will contribute to the […]

Sweden to join NATO: The North Atlantic Treaty Organization explained

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda This article was first published in July, 2022 and most recently updated on 27 February, 2024. Two days after the second anniversary of the Russian invasion of Ukraine, the final hurdle in Sweden’s […]

State aid: Commission approves €2.6 billion Swedish scheme to support companies in the context of Russia’s war against Ukraine

This article is brought to you in association with the European Commission. The European Commission has approved a €2.6 billion (SEK 29 billion) Swedish scheme to support companies active in southern Sweden in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the […]

Swedish Presidency debriefs EP committees on priorities

This article is published in association with European Investment Bank.This article is brought to you in association with the European Parliament. Ministers outlined the priorities of the Swedish Presidency of the Council of the EU to parliamentary committees, in a series of meetings. Sweden holds the Presidency of the Council until June 2023 included. A first set of hearings took place between 23 and 26 […]

I fled Russia’s bombs in Ukraine, now I’m in Sweden researching a cure for infertility. This is my story.

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nataliia Petryk, Postdoctoral Researcher, Karolinska Institutet Like many others, I was forced to flee Kyiv with our two children when Russia invaded Ukraine. We were no longer safe, and our stable and fulfilling lives had taken a dramatic turn […]

This Swedish start-up is building an electric airliner

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content How do you reduce the carbon impact of flying? For many, electric planes are the answer but, until now, it’s not been possible to apply the technology to airliners. Now, a Swedish start-up […]

EU Cohesion Policy: €155.7 million for a just climate transition in Sweden

This article is brought to you in association with the European Commission. Thanks to the Just Transition Fund (JTF) Programme adopted by the Commission, Sweden will receive €155.7 million in EU grants to support the country’s efforts to achieve climate neutrality by 2045 and alleviate the impact of the climate transition. Sweden will mobilise a total […]

State aid: Commission approves €1.4 billion Swedish scheme to support uncovered fixed costs of companies affected by coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved an approximately €1.4 billion (SEK 14 billion) Swedish scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of […]

Sweden must urgently implement reforms to boost fight against foreign bribery

This article is brought to you in association with OECD. The OECD Working Group on Bribery has since 2012 repeatedly urged Sweden to reform its laws to ensure the investigation and prosecution of companies that bribe foreign public officials to obtain advantages in international business. Sweden’s legal provisions to hold companies liable for foreign bribery do […]

Sweden has invented a word to encourage people not to fly. And it’s working

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Sweden’s departure lounges are looking less crowded as more Swedes are deciding to take the train rather than fly. Passenger numbers at Swedish airports have dropped 8% so far this year. The […]

Sweden is a top performer on well-being. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Rosamond Hutt, Senior Writer, Formative Content Sweden is known for its progressive social policies, albeit paid for by high taxes that fund a robust social safety net, generous parental leave and publicly funded healthcare and education. There’s even […]

In Sweden you can roam anywhere you like, without the landowner’s permission

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Beale In Sweden, you can walk, ride, cycle, ski and camp on any land you like, without the landowner’s permission. You can also forage, picking as many flowers, berries and mushrooms as you wish. And you can […]

Swedish PM Löfven: “Our common values must guide us to an even better future”

This article is brought to you in association with the European Parliament. Swedish Prime Minister Stefan Löfven debated the future of Europe with MEPs and Commission Vice-President Valdis Dombrovskis, on Wednesday. In his address to MEPs, Prime Minister Löfven stressed that the EU must step up to defend its fundamental values to create hope for the […]

Further reforms in Sweden can drive growth, competitiveness and social cohesion

The City of Stockholm, Stockholm Exergi, the Port of Gothenburg, Sandvik, PulPac and ECAPS were among the actors in Sweden granted EU financing in 2025 through the EIB Group Total financing amounted to around SEK 21.8 billion (€2.06 billion), with 56% supporting the green transition Investments focused on climate action, sustainable transport, innovation and competitiveness across the Swedish economy In 2025, the European Investment Bank (EIB) and the European Investment Fund (EIF), which together form the EIB Group, provided financing to Swedish municipalities and companies across a wide range of sectors, from large-scale climate infrastructure to innovative growth companies. The funding supported renewable energy, carbon capture, sustainable transport, industrial innovation and access to growth capital for startups and small and medium-sized enterprises. The total financing amounted to around SEK 21.8 billion (€2.06 billion) and the support helped mobilise total investments in Sweden of about €7.6 billion – equivalent to 1.3% of GDP or €711 per person. Among the year’s key projects was financing for Stockholm Exergi, supporting the development of a large-scale bioenergy carbon capture and storage plant connected to Stockholm’s district heating system. The EIB also supported a major expansion of the Stockholm metro system, increasing capacity and improving sustainable urban mobility, as well as investments in the Port of Gothenburg, Sweden’s largest port, to strengthen logistics capacity and reduce emissions from maritime transport. Support for Swedish industry and innovation included financing for companies such as engineering group Sandvik and health and hygiene company Essity, backing research and development activities, and venture debt loans to high-growth technology firms. This included ECAPS in Stockholm, a Swedish space and defence technology company developing advanced propulsion systems for satellites and spacecraft, and PulPac in Gothenburg, which is scaling dry moulded fibre technology as a sustainable alternative to single-use plastics. “The EIB Group’s strong engagement in Sweden reflects the country’s leadership in climate action and innovation,” said Karl Nehammer, Vice-President of the European Investment Bank. “By supporting projects ranging from carbon capture and sustainable transport to cutting-edge industrial and space technologies, we help strengthen Europe’s competitiveness while delivering tangible benefits for citizens.” The European Investment Fund, which focuses on equity investments and guarantees for smaller businesses, mobilised an estimated SEK 3.37 billion (€319 million) in investments for Swedish companies in 2025. This support expanded access to growth capital for startups and scaleups through investments in venture capital and growth equity funds, as well as guarantees for lending to small and medium-sized enterprises. Please note: The figures provided in this press release are approximate and subject to exchange rates. For more information: EIB Group activity in Sweden 2025. Background information The EIB Group The European Investment Bank (ElB) Group is the long-term financing institution of the European Union, owned by its Member States. In 2025, the EIB Group signed €100 billion of new financing for over 870 high-impact projects in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. All projects financed by the EIB Group are aligned with the Paris Climate Agreement. High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.This article is brought to you in association with OECD. The Swedish economy is operating close to full capacity, with robust growth and strong employment, but uncertainties linked to the global economy shroud the outlook. Policy should aim to prolong the expansion and ensure that economic success continues to promote inclusiveness, well-being and social cohesion, according […]

From Sweden to India, School climate strikes have gone global

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content An estimated 1.5 million school students worldwide turned their back on lessons last week to stage the biggest wave of climate strikes since the protests began. Global map of school strikes Image: Fridays […]

Sweden gives all employees time off to be entrepreneurs

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content For the last 20 or so years, workers in Sweden have enjoyed an unusual perk – a statutory right to take six months off and start their own business. The Right to Leave […]

Scientists in Sweden are studying the climate-cooling effects of spruce forests

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Scientists are exploring whether coniferous trees might help to counter the effects of global warming. Deep in Sweden’s spruce forests researchers from Lund University are studying the cooling qualities of organic compounds called terpenes, […]

Sweden’s forests have doubled in size over the last 100 years

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alex Gray, Senior Writer, Formative Content Sweden is a land of trees. More than 70% of its landscape is covered by forest and in less than 100 years, Sweden’s forest assets have doubled. Yet this is also a country […]

Why Sweden’s cashless society is no longer a utopia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Cecilia Skingsley, Deputy Governor, Central Bank of Sweden (Sveriges Riksbank) The Swedish retail payment market is rapidly moving away from using cash. The outstanding value of cash in circulation has dropped to 1% of Swedish GDP. This development […]

Sweden well ahead in digital transformation yet has more to do

This article is brought to you in association with OECD. Sweden’s efforts to embrace the shift to digital have been a key driver of economic growth in recent years, yet more needs to be done to get remote areas of the country online, bring digital technology to small firms, upgrade skills and meet security and privacy challenges, […]

EU budget: Will Germany alone manage Britain’s gap?

The EU budget will be the main topic of the EU summit which will be held in Brussels on Friday. The leaders of the 27 member states have to deal with the annual gap that UK will leave after Brexit occurs ensuring that the priorities set for the Union will be adequately funded. According to […]

Climate change update: will the UN member states regain momentum despite the little progress at COP23?

The 23rd conference of the United Nations Framework Convention on Climate Change (COP23) concluded last Saturday in Bonn but little progress was achieved and everyone is now awaiting next year’s negotiations in Poland where a rule book for the Paris agreement has to be finalised. All member states should reconsider their emission cuts upwards via […]

Migration crisis update: Greece could probably say goodbye to Schengen really soon

It was two days ago when the European Commission’s draft report revealed “serious deficiencies” of the Greek government to comply with its obligations under the Schengen’s Agreement rules regarding the control of the migrant influx. If these suggestions are voted by the majority of the EU member states, then Greece will be given a 90 […]

Schengen is losing ground fast revealing Europe’s clear inability to deal with migration crisis

It was last Monday when Sweden decided to impose ID-checks at its borders with Denmark. Of course, this action didn’t remain unanswered by Denmark which tightened controls at its southern border with Germany. This anti-Schengen spirit has been created by the influx of migrants and refugees coming to Europe daily in thousands and is meant to stop undocumented […]
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