Two Coca-Cola Co. directors, including a prominent investor from Sweden and a former U.S. ambassador to the United Nations, will not seek re-election to the board of directors at the company’s annual shareholder meeting in April. Donald F. McHenry, who served at the U.N. from 1979-81 under President Jimmy Carter, has worked with Coke for […]
Sweden has appointed a new honorary consul for Georgia, though he is awaiting official approval from the U.S. State Department, which should come in a few months. Mikael Norin, a strategy consultant and executive who moved to Atlanta in 2007, received his appointment from Swedish Ambassador Björn Lyrvall Jan. 16 in Washington. Until the State Department gives its final nod, Mr. Norin is officially […]
Dr. William Kisaalita, a professor originally from Uganda and currently on the faculty at the University of Georgia’s College of Engineering, has received $1 million to develop a milk cooler designed to help farmers, especially those in sub-Saharan Africa.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]