A new group of investors have entered Global Gaming Factory X, set to purchase the filesharing site The Pirate Bay.

• Illegal file-sharing dives in Sweden

Nordea AB, the Nordic region’s largest bank, posted a smaller-than expected drop in second-quarter operating profit and raised its full-year outlook.

• Handelsbanken stronger than expected
• Swedish SEB's profit in freefall     • Swedbank posts heavy credit losses

Sweden's Volvo Group, the world's second-largest truck maker by sales, posted deeper-than-expected second-quarter operating loss as the global crisis hits demand.

Finnish elevator and escalator manufacturer Kone said Tuesday it would cut 500 jobs as second quarter earnings fell despite an increase in sales.

Svenska Handelsbanken, Sweden's second-biggest bank by market value, posted a larger-than-expected profit as loan losses were relatively small.

• Swedish SEB's profit in freefall    • Swedbank posts heavy credit losses

Finland's unemployment rate dropped to 9.1 percent in June.

• Finland's inflation drops for first time in five years

Swede Magnus Böcker, President at Nasdaq OMX, steps down to become CEO of Singapore Exchange Limited, Asia's second-largest listed bourse.

Just under half of all Finns are in favour of the planned Nord Stream gas pipeline, which if approved would run from Russia to Germany past Sweden's coast.

• Putin urges Finland to approve Nord Stream

Sweden’s third largest bank SEB swung to a second-quarter net loss after having written off all of its remaining acquisition goodwill in Eastern Europe and the Baltics.

• Swedbank posts heavy credit losses

Firefighting, arguably one of the world's most dangerous jobs, is about to get a lot safer thanks to a revolutionary technique developed in Sweden.

Iceland unveiled a 1.5-billion-euro plan on Monday to recapitalise three major banks that it was forced to rescue when the financial crisis devastated its economy last year.

• Raids on financial firms shocks Iceland

Swedish metals producer Boliden increased profit as demand for base metals improved in China and Europe.

Swedish Swedish telecom company Tele2 appoints its third Russian CEO in one and a half years.

Swedish Metro International, the global free newspaper publisher, post increased losses as ad sales continued to plunge.

• EU tells Sweden to dump newspaper subsidies 

German Chancellor Angela Merkel hit out at Swedish nuclear operator Vattenfall on Sunday over a series of problems at an ageing reactor near Hamburg.

• Vattenfall’s blooper strikes against Angela Merkel
• Swedish power giant Vattenfall sues Germany

Behind the "rocker" image, Swedish Finance Minister Anders Borg is a deft politician set to take centre-stage as Sweden's EU presidency grapples with the fallout from the global financial crisis.

•  Rough road ahead for Sweden as EU's top dog     • Economic crisis tops Swedish EU priorities     • "Europe needs better financial supervision"     • Sweden tells EU members to cut spending    • Sweden's tag team for the EU presidency

European monitors must be given access to Georgian separatist regions that they have been blocked from entering despite being mandated to work there, Swedish Foreign Minister Carl Bildt said.

• Sweden criticises Russian visit to South Ossetia

Iceland could join the European Union in record time but there is no guarantee it will enter before fellow EU hopeful Croatia, officials and analysts said.

• Iceland to apply for EU membership

Sweden's fourth-biggest bank Swedbank, which is badly exposed to the troubled Baltic economies and Ukraine, posted a bigger-than-expected operating loss after heavy credit losses.

Sweden, the European Union's presidency, condemned Friday the twin bomb attacks on Jakarta hotels and expressed solidarity with the Indonesian government.

Tobacco maker Swedish Match said profit rose as snuff sales climbed rapidly in Sweden and the US.

• Swedish snuff prizes to surge     • Swedish snuff market tightens

Sandvik AB, the world’s largest maker of cutting tools, made a smaller loss than expected while order intake plunged.

• Sandvik warns of swelling losses

Sweden, the European Union's presidency, hit out at Russian President Dmitry Medvedev's visit to breakway South Ossetia, saying it is "incompatible" with Georgia's territorial integrity.

• Tension increases between Sweden and Russia

Norwegian insurer Storebrand reported on Friday a sharp surge in second-quarter net earnings which it attributed to a turnaround on financial markets.

Iceland's parliament voted in favour of applying for EU membership.

• Sweden: "Welcome Iceland!"

“The remainder of the year will be difficult” Sony Ericsson’s head Dick Komiyama said as profit swings to loss and sales dives.

• Nokia revealed a 66 percent collapse
• Mobile phone sales tumble    • Sony Ericsson aims at high-end

A Swedish government representative travels to Berlin on Friday to sort out state-owned power supplier Vattenfall's €1.4 billion lawsuit against Germany.

Finnish telecoms giant Nokia revealed a 66.0-percent collapse in quarterly net profit on falling handset sales and lower prices.

• Sony Ericsson swings to loss as sales slump

Sweden suspends the extradition of a Rwandan suspected of genocide following a call by the European Court of Human Rights.

•  Sweden sends back Rwandan genocide suspect

The European Union faces difficult choices in the months ahead in dealing with Iran's nuclear ambitions, said Swedish Foreign Minister Carl Bildt, whose country holds the EU presidency.

• Sweden condemns Iran executions   • Sweden summoned Iran's ambassador