News

News

Photo: Victor Brott

2010-05-03

Scania back in Irak - together with Swedfund

Scania has a presence in Iraq again, including both production and sales, and this re-establishment is made together with Swedfund. Trucks ordered by government customers are being assembled locally there, while an independent distributor is supplying the private sector market with imported vehicles. This distributor is also responsible for the reconstruction of Scania’s sales and service network in the country.

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2010-02-11

Swedfund reports negative result for 2009

Swedfund reports a preliminary loss after net financial items of MSEK -92,5 (MSEK 107) for the 2009 financial year. The company is expanding. New investments are expected to give a return in 6-10 years. As a result of the financial crisis divestments of holdings in mature companies have been postponed. The net sale of shares totalled MSEK 27,6 (MSEK 172,2).

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2009-12-18

Swedfund invests in Serbia's financial sector

EBRD, IFC och Germany´s Development Finance Institution DEG invest together with Swedfund in the Serbian bank Komercijalna Banka to strengthen Serbias financial sector - an important component for creating sustainable economic development. - This is Swedfund’s first direct investment in Serbia and underscores our commitment to increasing our presence in the region, says Karin Isaksson, Director of Investment Operations.

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2009-12-17

Swedfund invests 60 million Swedish kronor in waste management in Vietnam

Tomorrow, on December 18th Swedfund inaugurates Vietnam's first facility for waste management, Vietstar, which will process 1,200 tons of waste daily in the Cu Chi district, which lies 40 km from Ho Chi Minh.   It is Sweden, together with Germany's and Holland's Development Finance Institutions DEG, FMO and the majority investors Lemna Group and Vina Capital who are making a total investment corresponding to 350 million Swedish kronor in this facility which will have a great positive impact on the environment in and surrounding Ho Chi Minh, as well as providing important health advantages to the people.

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2009-11-11

Trainees wanted for Swedfund's companies in Africa, Asia and Latin America

Swedfund is now looking for 6 young (under 30 years) recently examined civil engineers, business and law school graduates for its trainee program that starts in February 2010. Swedfund’s trainee program offers a unique opportunity with excellent qualifications for one year of supervised international education and work experience in companies around the world for those interested in an international career.

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2009-11-09

Swedish Crown Princess Victoria visits Swedfund in Nairobi

Her Royal Highness Crown Princess Victoria of Sweden is visiting Swedfund’s office in Nairobi on November 11. This is in conjunction with the inauguration of the Swedish Trade Council’s office, which is co-located with Swedfund. There will be a press conference on the theme “Business Opportunities in Kenya, held by the Swedish Ambassador to Kenya H.E. Mrs Ann Dismorr, together with the Trade Commissioner of the Swedish Trade Council in Nairobi, Mr Johan Marcus, and the Director of Swedfund’s Regional Office, Mr Stefan Jansson.

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2009-10-28

New Nordic report: Growing importance of Development Finance Institutions

In Europe there are no less than 16 Swedfund equivalences - Development Finance Institutions (DFI's), of which Swedfund is the smallest actor. DFI’s is a well-known concept internationally. However, in the Nordic countries, and in Sweden in particular, DFI’s and their achievements, results and methods are less known. Many DFI’s have, like Swedfund, have for decades been active and invested in poor countries and have through it´s investments contributed to the creation of profitable companies and thereby sustainable development effects. DFI’s represent the "Third Pillar" in development cooperation, whereas the other two pillars are bilateral and multilateral assistance.

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2009-10-26

Three days in Baghdad

Nicholas Anderson, Head of Swedish Export Credit Corporation (SEK) Advisory Services, recently visited Baghdad in order to see what financial solutions exist to promote Swedish exports to Iraq. Here he shares some impressions.

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2009-08-27

Interim report for 1 January 2009 - 30 June 2009

Now you can download and read Swedfund's interim report for 1 January 2009 - 30 June 2009.

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2009-08-07

Iraq – driving exports to the region is a top priority

Chronicle about Iraq and its markets. By Nicholas Anderson, Senior Vice President, Head of SEK Advisory Services, SEK - Swedish Export Credit Corporation

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