Ever since the Swedish neurosurgeon Lars Leksell founded Elekta in 1972 after having invented its main product, the “gamma knife,” the company has been focused on innovation.
When he defines “long-term,” Jacob Wallenberg isn’t thinking five years ahead, but more like 55 years. Mr. Wallenberg made it clear at a Feb. 20 luncheon held as Metro Atlanta Chamber that as chairman of the Swedish investment company Investor AB, Europe’s largest, he looks for future business opportunities. In town to meet with officials Read more
Calhoun-based flooring giant Mohawk Industries Inc. has announced an agreement to acquire Sweden-based laminate flooring manufacturer Pergo for $150 million in cash. The deal is expected to close in the first quarter of 2013, according to a Mohawk news release announcing the deal Oct. 29. Since 2007, Pergo has been a subsidiary of Dusseldorf, Germany-based Pfleiderer AG, which is exiting the North Read more
Swedish medical device company Elekta AB is moving its North American headquarters in Atlanta in anticipation of increased growth. Fueled largely by developing countries, the company expects to hire 100 new workers in metro Atlanta over the next five years. Elekta provides radiation therapy machines to treat cancer and software to manage patient care. About 10 percent of cancer patients, or 1.2 Read more
Cancer treatment has become more effective and affordable over the years, but the disease driving the rapid global growth of a Swedish medical technology company shows no signs of slowing down. Elekta, which has its U.S. headquarters in Atlanta, has seen astronomical growth since introducing machines that treat cancer by radiation therapy, which Elekta President and CEO Tomas Puusepp said is less Read more
Despite the sovereign debt crisis gripping the European Union, Swedish ambassador Jonas Hafstrom hailed the body as a success story. In a wide-ranging speech at the Metro Atlanta Chamber on Jan. 25, Mr. Hafstrom noted that the union has grown from eight to 27 members with more countries such as Iceland, Turkey and Serbia trying Read more
Georgia-Pacific LLC has received a binding offer from Swedish company Svenska Cellulosa Aktiebolaget, or SCA, to buy its tissue business in Europe for €1.32 billion (about $1.8 billion). The proposed deal includes Atlanta-based Georgia-Pacific’s consumer products and away-from-home tissue products, which are used in commercial and industrial settings. SCA would acquire Georgia-Pacific’s 15 plants in seven Read more
With help from former Mayor Sam Massell, the Honorary Consulate of Sweden was able to celebrate the opening of its new office in Buckhead on June 6. Jill Olander, Sweden’s honorary consul, welcomed 60 Swedish guests and consuls general from Atlanta to its new offices on East Paces Ferry Road. The audience crowded into the Read more
London-based mobile phone maker Sony Ericsson Mobile Communications AB has a "big surprise coming" in the next few months, its CEO, Bert Nordberg, said during the recent grand opening of its Americas headquarters in Atlanta.
While Mr. Nordberg would not give details, technology industry bloggers have been speculating that the new product will combine the PlayStation portable gaming device with a mobile phone.
Swedish businesswoman Christine Bjarkby can't help but think about Savannah every day. But it's not a romantic memory of historic squares or moss-draped oaks that brings the Georgia city to mind. It's the pain. Ms. Bjarkby visited Savannah in April 2009 for a Swedish-American business conference. After a dinner on a dark, windy evening, a Read more