Tele 2 doubles profits
Swedish mobile telecoms operator Tele 2 posted a pre-tax first quarter profit on Wednesday of 1.588 billion kronor ($220 million), beating market expectations and doubling last year's total for the period. thelocal.se |
Military service comes to an end in Sweden
Compulsory military service officially came to end on Thursday after 109 years, setting the non-aligned nation on the path to developing a fully professional army. thelocal.se |
Big increase in prostitution reports
The number of people reported to the police for buying sex has risen five-fold in Sweden in the past year, according to new figures. thelocal.se |
Sweden leads Nordic youth unemployment
While youth unemployment has increased in all of the Nordic countries, it is highest in Sweden at 29 percent, according to a new report from the Nordic Council of Ministers. thelocal.se |
Outrage over 'US-style' pay for Electrolux CEO
Union representatives for workers at Swedish appliance manufacturer Electrolux have railed against the generous pay package for incoming American CEO Keith McLoughlin. thelocal.se |