News
Xylophane – Winner of the Swedfund Award 2009
Xylophane – Winner of the Swedfund Award 2009The Swedfund Award, given for the Year’s Most Socially Beneficial Investment, was for the second year around awarded at the Venture Capital Conference hosted by the Swedish Private Equity and Venture Capital Association in March in Stockholm. The winner were SEB Venture Capital and KTH Chalmers Captial for their investment in Xylophane.
Bankruptcy initiated for one of Swedfund´s former investments
A bankruptcy procedure has been initiated by a local bank for the Macedonian company Swedmilk. The company is a dairy situated in a newly built factory outside Skopje. Swedfund entered as a minority shareholder in 2007. The biggest investors were the local distributor and management. The company has since start-up encountered certain operational and financial difficulties.
Swedfund is financial partner in newly established Belarusian bank
On 6 October this year Belarusian Bank for Small Business (BBSB) was inaugurated in Minsk, Belarus. The bank is the first of its kind with its focus on micro-credits for sole traders in Belarus. This investment, which was made in December 2007, is Swedfund’s first in Belarus.
Swedish state buys into Kenya
Swedfund, the Swedish state’s venture capital company, is taking an equity stake in five medium-sized companies in Kenya with a total of 1,500 employees. The investment is part of a long-term Swedfund venture in East Africa.
Nigeria’s Minister of Agriculture visited Swedfund
The high leveled delegation from Nigeria wanted Swedfund to discuss investments by Swedfund and Swedish companies in Nigeria.
Swedfund invests in REAL – Swedish recycle technics in China
The Swedish Company Recupero has through its Chinese subsidiary REAL China received an order to Build, Own and Operate a plant for the recovery and recycling of water treatment chemicals using the REAL™ patented process. “Swedfund International is very positive for the fact that three Swedish companies collaborates in improving the environment in the Chinese pulp mills, says Hans Mideus, Senior Investment Manager at Swedfund.”
Swedfund invests in leading micro finance bank in Azerbaijan
This investment reflects Swedfund’s support for the development of micro, small and medium-sized enterprises in Azerbaijan, whose most serious problem at present is often lack of finance.
Swedfund divests its 11% holding in Russian real estate company Pervomayskaya Zarya
- Together with our Swedish and Russian partners we have actively supported the transformation of a run down sewing factory to a well functioning and beautiful business centre, says Karin Isaksson, Director, Investment Operations Eastern Europe, at Swedfund.
Swedfund invests in newly started bank for small companies in Belarus
Belarusian Bank for Small Businesses is a new bank aimed at small companies and sold traders.
Another step in Swedfund’s effort to invest in waste recycling and clean energy in Asia
On December 3 Swedfund signed a EUR 8 million investment into Green Investment Asia…
