AGP Executive Report
Last update: an hour agoRetail and Telecom: H&M is investigating claims of a cyberattack involving a limited amount of company data, though it says it has found no sign its systems were breached. Telia plans to cut about 900 jobs across five markets, including Sweden, aiming to save SEK 1 billion a year. Energy and Infrastructure: Stockholm is planning to use data-centre heat to warm 30,000 homes, while two large battery projects are moving into construction. Industry and Construction: Swedish GDP recovered in August as industrial output growth accelerated. Heidelberg Materials and CRH are expanding in the Nordic market through a deal for NCC’s Swedish and Norwegian materials operations. Aerospace: Saab and GKN are deepening their Gripen engine partnership, strengthening Sweden’s defence manufacturing base. Food Production: Arla is ending contracts with 52 Swedish farms amid weaker demand for organic milk, and is closing a packaging plant in Sweden.
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