Still sitting at an idled production facility in Trollhättan, seven pre-production Saabs have emerged as part of an auction that will be held in Sweden next week, Car and Driver reported. Three of the cars are gasoline-powered 9-3s, while the other four are EV prototypes from when the NEVS consortium bought up Saab's assets after bankruptcy proceedings. The auction is basically the curtain call for the Trollhättan factory, which dates all the way back to 1947, two years before Saab's first production model was released.
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Liquid Wind AB, the parent company of the Liquid Wind Group, was declared bankrupt on 11 May 2026, FuelCellsWorks.com reported. Lawyer Lars Melin of the law firm Styrks was appointed as bankruptcy trustee. Affected employees have held meetings with the bankruptcy trustee and his colleagues at the law firm handling the bankruptcy proceedings. The business – including the subsidiaries in Sweden, Denmark and Finland – is now up for sale.
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For decades, Sweden was shorthand for the brand of high-tax, high-spend government that managed people’s lives from cradle to grave through state-run hospitals, schools and care homes. No longer. With little fanfare, this Nordic country of 11 million has embraced capitalism, the Wall Street Journal reported. Today, nearly half of primary healthcare clinics are privately owned, many by private-equity firms. One in three public high schools is privately run, up from 20% in 2011. School operators are listed on the stock exchange.
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The insolvency of Swedish battery maker Northvolt will cost German taxpayers less than previously estimated, after parts of public funding were recovered, officials said on Friday, DPAInternational.com reported. As part of US firm Lyten’s planned acquisition of Northvolt's German subsidiary, the Northvolt Drei gigafactory project, the federal government and the northern state of Schleswig-Holstein have recovered €153 million ($179.2 million) in public funds. The money has already been repaid, the German Economy Ministry confirmed to dpa.
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Swedish pro-audio microphone manufacturer Milab is back in business, having been brought back to life after filing for bankruptcy last August, MixOnline.com reported. The company was acquired in 2025, and now leading the brand are audio entrepreneurs David Stenmark (Epidemic Sound/IMRSV) and Andreas Liffgarden (chairman of Tracklib). “Reviving Milab is both a responsibility and a privilege,” said Stenmarck. “This is a brand deeply rooted in Swedish audio excellence, and also an important, largely untold part of the Swedish music wonder.
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The decision to file for bankruptcy for Tyre Recycling in Sweden AB forms part of the ongoing Enviro reorganisation and aims to strengthen the company’s liquidity and support long-term profitability, TyreandRubberRecycling.com reported. According to Enviro, operations at its Gothenburg headquarters will continue as normal while further measures are implemented under the reorganisation process.
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The Ångermanland District Court has approved Cinis Fertilizer AB’s previously submitted bankruptcy application, placing both the parent company and its subsidiary Cinis Sweden AB into bankruptcy proceedings and appointing lawyer Johan Klåvus of Trägårdh Advokatbyrå in Malmö as bankruptcy administrator, TipRanks reported.

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Sweden’s financial watchdog has closed its long-running investigation into Alecta’s loss-making investments into three US niche banks, which tipped the pension fund into crisis in 2023, saying it found no breach of the rules, IPE.com reported. The Swedish Financial Supervisory Authority (Finansinspektionen, FI) announced this morning: “The investigation has not shown any violations of the rules in the risk management system Alecta has had for assessing investment risks.
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Ludwig Sandgren, the former owner of GODSENT, has criticised the handling of the esports organisation’s bidding process when finding a potential buyer, Esports Insider reported. The Swedish organisation entered bankruptcy in September due to financial struggles following the loss of a sponsor. On November 3, 2025, Ludwig Sandgren confirmed reports of GODSENT filing for bankruptcy in addition to announcing his departure from the esports industry.
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Swedish startup Stegra (formerly H2 Green Steel) has appointed a restructuring expert to its board of directors as the company struggles to avert a financial crisis, Bloomberg reports. The company recently announced a new round of financing, planning to raise an additional €975 million ($1.1 billion) to cover higher-than-expected project and infrastructure costs and to fill the gap caused by delays in government grant support. In addition, Stegra announced personnel changes to its board of directors.
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