EU must take action

In a Confederation of Swedish Enterprise survey, 93 per cent of Swedish listed companies have said they have been victims of piracy, or lost patent revenues as a result of counterfeiting. In addition, 80 per cent believe counterfeiting and piracy will rise in the coming years.

China has long been the leading producer of pirated goods, but the industry is growing in countries such as Russia, Nigeria and Turkey, reports business paper Dagens Industri.

Piracy is a matter for the government, and the EU, says Patrick Krassén, IPR manager at the Confederation. “It’s about putting political pressure on these countries in international negotiations. Additionally, the issue needs to be put on the political agenda in Sweden,” he remarks.

Four of ten reactors face closure

58abf086e222355f25d1dc2ec923910dSweden’s nuclear industry is under pressure as a result of falling electricity prices coupled with rapidly rising energy taxes, waste fees and new security requirements.

Vattenfall is already seeking the early shutdown of two of four reactors at the Ringhals nuclear power plant, and now plans are being drawn up to close two of the three reactors at Oskarshamn, according to energy market consultant Christian Holtz.

The deciding factor could be new independent core cooling requirements which will demand billions of kronor in investment, says Holtz.

Business leaders jeopardise stability

The widespread criticism of the December Agreement and the inflation target could lead to political chaos, warns Anders Ferbe, chair of the Metalworkers’ union (IF Metall) in Dagens Industri this morning. While commending the interest shown by business leaders for the political situation, they need to do their homework writes Ferbe and points out that the December deal has served to create the minimum of trust required to govern the country and ensure stability ahead of the autumn’s wage negotiations.

Audit office examines Riksbank

The National Audit Office has started a preliminary study into the Riksbank and monetary policy, with the aim of launching an inquiry, which will be concluded by the end of the year.
“We want to examine how the Riksbank has fulfilled its price stability target, and whether the target is compatible with today’s situation. We also want to see whether the Riksbank has the right tools,” says Claes Norgren, who was deputy governor of the Riksbank in the early 1990s.
It is the first time the Audit Office has wanted to examine Sweden’s monetary policy, and means more pressure on the Riksbank.

Mekonomen to expand in South Korea

Automotive workshop chain Mekonomen is expanding to South Korea with sales of proprietary spare parts range ProMeister. Sales will occur through collaboration with South Korean distributor EK (Eiko) Global, and will include cooperation on facilities with a ProMeister profile and training via ProMeister Academy.
“This is a milestone for Mekonomen, since our products and brands are now on the map of the large Asian market..,” writes Håkan Lundstedt, CEO.
The company already has a presence in the Nordic countries.

Rumours of new mining permits

The German division of Sweden’s state-owned Vattenfall has taken further steps to push for a mining permit for the open pit at Nochten II, sources have told SvD.

However, Mikael Petrovic-Wågmark Vattenfall’s head of Nordic press affairs, tells SvD that no investment decisions have been taken and no mining permits have been granted that will enable the company to expand its lignite operations.