News

SSAB concludes IJmuiden discussions with Tata Steel

SSAB Press Release January 29, 2021

During the fourth quarter of 2020, SSAB announced that it was in discussions with Tata Steel concerning a possible acquisition of the IJmuiden steel mill and related downstream assets. After deeper analysis and discussions, it became clear that there were limited possibilities to integrate IJmuiden into the SSAB strategic framework. Discussions with Tata Steel have therefore concluded.

“We have carefully evaluated Tata Steel IJmuiden and have concluded that an acquisition would be difficult for technical reasons. We cannot be sufficiently certain that we could implement our industrial plan with the preferred technical solutions as quickly as we would wish. We cannot align Tata Steel Ijmuiden with our sustainability strategy in the way desired,” says Martin Lindqvist, President and CEO at SSAB. “The synergies that we saw in the transaction would not fully justify the costs and investments required for our desired transformation. This means that overall, the transaction would not meet our financial expectations,” he adds. SSAB is leading the transformation of the steel industry to fossil-free production. The group’s goal is to be the first in the world, in 2026, to supply fossil-free steel to market and to be a fossil-free company by 2045. The rationale behind the discussions concerning Tata Steel IJmuiden was based on our customers’ clear desire for a strong supplier of a broad range of fossil-free steel. Through an expanded range of steel products, which in the long term can be converted to fossil-free products, SSAB can become a more comprehensive supplier of fossil-free steel to existing and new customers in key segments. This has also been about creating synergies between existing operations in the Nordics and in IJmuiden and getting closer to the European market. “The transition to fossil-free steel is a top priority for SSAB. We are continuously on the lookout for possibilities to invest and step up the pace of this transition. Completely fossil-free steel will be a premium segment with great growth potential. We see large demand from customers, primarily within Automotive and Heavy Transport,” says Martin Lindqvist. “I am convinced that SSAB has an important role to play in the industry’s continued transformation and regeneration,” he says.   Read more https://www.ssab.com/news/2021/01/ssab-concludes-ijmuiden-discussions-with-tata-steel    
More
Scandinavian Hydrogen Highway Partnership changes its name to Nordic Hydrogen Partnership
Nordic Hydrogen Partnership is the new Nordic hydrogen organisation. In a move that symbolises both the rapidly increasing role of hydrogen in the Nordic energy system as well the Partnership’s commitment to expand the use of hydrogen and e-fuels in the entire Nordic region, the Scandinavian Hydrogen Highway Partnership has become the Nordic Hydrogen Partnership (NHP). The name change is the result of the intensified and extended cooperation between Norsk Hydrogenforum in Norway, Vätgas Sverige in Sweden, Icelandic New Energy in Iceland, Brintbranchen in Denmark and VTT in Finland, who together constitute the members of the NHP. The five coalition partners are strengthening their collaboration and use their expertise to boost the cross-sector implementation of hydrogen and fuel cell technologies in the Nordics, in close cooperation with a number of industry representatives. Turning ambition into action The past couple of years we have witnessed an acceleration in the use of hydrogen and fuel cell technologies in the Nordic region, for example marked by the establishment of multiple hydrogen refuelling stations and the introduction of hydrogen cars on the Nordic markets. The Nordic Hydrogen Partnership is determined to push this development to further heights and to quicken its pace. We are therefore happy to have witnessed the development of a huge momentum for incorporation of hydrogen solutions in the Nordics within the last year. With a Finnish roadmap and (upcoming) dedicated hydrogen strategies in Norway, Sweden and Denmark, the Nordic Hydrogen Partnership will function as the organisation that helps to translate intentions to action to the benefit of the entire Nordic region. “The new name and the formation of an organization with a cross sector focus on hydrogen and e-fuels development and implementation is an important step for the Nordic hydrogen industry. In the post Covid-19 world, the Nordic countries have a unique opportunity to lead the world to a green recovery. With leadership positions within the field of both wind, hydro and thermal energy, the Nordic region is ideally suited for hydrogen, which will be the link to both economic growth and fighting the climate challenge. The industry is ready, and the new organization is a clear proof of that. We look forward to cooperate with the Nordic institutions as well as all the Nordic governments,” says Tejs Laustsen Jensen, chairman of the Nordic Hydrogen Partnership, and CEO of Brintbranchen.   About Nordic Hydrogen Partnership Since 2006 the Nordic Hydrogen Partnership, former Scandinavian Hydrogen Highway Partnership (SHHP), consisting of a coalition of regional clusters involving major and small industries, research institutions, and local, regional and national authorities, has worked to coordinate the introduction of hydrogen cars and hydrogen refuelling stations to the Nordic market. More information about the Nordic Hydrogen Partnership and its current projects can be found at
More
Economic Employer: The ‘Game Changer’ in Sweden’s Tax World
As an employer with assignees in or business travelers in and out of Sweden, or if a company is planning to send assignees to Sweden, it is likely they are aware of a very important change in Sweden’s tax law that came into effect on January 1: the introduction of the economic employer concept. The new regulations around economic employer mean that Skatteverket will now consider factors beyond who pays the employee’s salary when assessing who is the employer of an employee. Days spent working in Sweden will also be critical to determining the mobile employee’s tax liability. Organizations sending employees to Sweden should set up a process as soon as possible to track:
  • who is travelling to Sweden,
  • how many days are spent in Sweden, and
  • what tasks are performed in Sweden.
  KPMG & Meijburg invite you to watch their new video “Economic Employer: The 'Game Changer' in Sweden's Tax World” (approx. 8 minutes) to learn more about the new approach by Skatteverket and what economic employer means for the members of the Swedish Chamber of Commerce and the Dutch Chamber and their mobile employees in Sweden.     Scott Shaughnessy (GMS-Washington National Tax) and Petter Frödeberg (GMS-Sweden) discuss the introduction of the economic employer concept in Sweden. This is a significant change in Sweden’s tax system with important implications for global mobility.        
More
Welcome New Members!
The Swedish Chamber of Commerce is very pleased to give a warm welcome to our new Member Readly and IPscreener.
More
Swe-Cham Member Storytel has surpassed the milestone 1.5 million paying subscribers
Storytel has reached a new goal on its strong global growth trajectory. On Monday 18 January 2021, the audiobook and e-book streaming service surpassed the milestone 1,500,000 paying subscribers.
Last week, Storytel presented its subscriber and revenue growth for the fourth quarter of 2020. With an average of 1,442,000 paying customers for the quarter and a full-year growth of 33 percent, the previously presented forecast was exceeded. Storytel also announced that the company expected to pass the milestone of 1.5 million paying subscribers before the end of January – a goal that has now also been achieved. “Storytel was born 15 years ago with the vision to make the world a more empathetic place with great stories that can be shared and enjoyed by anyone, anywhere and at anytime. I’m profoundly grateful for the amazing response that Storytel receives daily from our users around the world. It makes us, if possible, burn even stronger in our mission to create and develop the very best reading experiences together with authors, publishers and users. A big thank you to all our fantastic customers”, says Jonas Tellander, CEO and founder of Storytel. Storytel was created in 2005 and became a digital pioneer in the fast-growing global audiobook market. Today, the company is northern Europe’s largest streaming service for audiobooks and e-books, with a total of more than 500,000 titles in the service. Storytel has been launched in over 20 markets in the world and intends to launch a further 20+ markets during the period 2021–2023.   Read more  https://investors.storytel.com/en/storytel-has-surpassed-the-milestone-1-5-million-paying-subscribers/
More
Swedish Chamber of Commerce New Year’s reception
On January 21, 2021 the Swedish Chamber of Commerce was very pleased to organize our first digital New Year’s Reception in collaboration with the Dutch Chamber of Commerce in Sweden and to welcome more than 55 participants. We would like to  thank our Honorary Guests, Ambassador of Sweden Annika Markovic and Ambassador of the Netherlands Bengt van Loosdrecht for sharing their thoughts and plans for the coming year and for their open invitations to all companies to contact their Embassies for assistance if needed. Areas mentioned for collaboration between the two countries was AI & Innovation and renewable Energy, especially district heating. The Dutch Embassy was very pleased to introduce their Innovation House which will open up for many new possibilities and company services from now on. The Swedish and Dutch Chambers are looking forward to plan for more events and business matchmaking opportunities together for our members in the year to come. For more photos please visit Past Events
More
This is what the curfew means for businesses
There is a curfew in place throughout the Netherlands from Saturday 23 January through Wednesday 10 February. How does this curfew affect your business? For instance, can your employee still travel to and from work? This article answers this and other questions about the 'avondklok'.

What is the 'avondklok'?

The avondklok or  is in place from Saturday 23 January through Wednesday 10 February, every day from 21:00 - 04:30 hours. During these hours, it is not allowed to be out on the streets without a valid reason. Nor can you:
  • sit in your own vehicle;
  • travel on public transport;
  • sit in a taxi;
  • sit in a company vehicle.
You are allowed to be in your garden or on your balcony.

What are the exceptions?

You are allowed out on the street during curfew under the following circumstances:
  • performing necessary work;
  • calamities;
  • medical aid to persons or animals;
  • providing care to relatives or neighbours ('mantelzorg');
  • travel at the request of a judge or public prosecutor;
  • travel for a funeral;
  • walking a dog on a leash;
  • travel to or from abroad;
  • taking a vocational education (mbo/hbo) or university (wo) exam.

What happens if you are outside without a valid reason after 21:00 hours?

It is your own responsibility to make sure you are inside on time. So factor in possible traffic and delays. The enforcers (police or boa's) will assess whether or not you have a valid reason to be outside during the curfew. If you break curfew, you risk a fine of €95.

When are persons allowed to be outside, and is there a difference between private and work reasons?

General

If a person older than 12 years of age needs to be outside after 21:00 hours, they have to be able to show a '' (in Dutch, but will be made available in other languages) form. If you need to go outside on a daily basis, you can fill out a period of time instead of just one day. You don't need a form in case of calamities, return from abroad or walking the dog.

Work-related

If you or your employees need to go out to work, you need a second form besides the Self-declaration: an . The employer fills out this form for his employees. The employer is responsible. If you hire temps, the hiring party needs to sign the form.

Travel

Travellers from abroad do not have to show a form, but they need to be able to demonstrate that they have come from abroad, and that they have a valid reason for being outside after 21:00 hours. They can use a ticket as proof, for instance.

Do I have to fill out an Employer's declaration for every employee, every day?

You do have to fill out an Employer's declaration for every employee. If you print out the form, you have to sign it. If you fill it out online, you can check the box that you have filled it out truthfully. If your employees need to go out every night, you won't have to fill out a new form every time. You fill out the relevant days and times on the declaration. For instance: weekly on Mondays and Tuesdays, or a number of days in a row. Be as specific as possible.
 
Read more https://www.kvk.nl/english/this-is-what-the-curfew-means-for-businesses/
Photo: Scott Graham on Unsplash
More
Night-time curfew as of Saturday 23 January

Night-time curfew as of Saturday 23 January

On Saturday 23 January a night-time curfew will come into force throughout the Netherlands. The House of Representatives consented to this new measure yesterday. This means that everyone has to stay inside between 21.00 and 4.30. The idea behind the night-time curfew is that people will visit or meet up with each other less often. This will help slow the spread of coronavirus. This is important because the government is gravely concerned about the spread of coronavirus variants that are even more infectious than the virus we are already familiar with in the Netherlands. We need to delay these new variants from gaining the upper hand for as long as possible.
While the curfew is in force, people are not permitted to be outdoors between 21.00 and 4.30. The measure will apply until 4.30 on 10 February.

Forms

You can only be outdoors if you have a valid and pressing reason for doing so. You must carry a self-declaration for curfew exemption with you. If you have to work, you must also be able to show an employer’s declaration for curfew exemption. In certain specific cases, no declaration is required. Only use the official forms provided by the government.

Other measures

In addition to the curfew, the government has taken a number of other measures to reduce the infection rate, delay the spread of the original and new coronavirus variants and prevent new variants from being introduced into the Netherlands as much as possible. The government is also asking people to stay at home and to work from home wherever possible, and to limit the number of people they meet.   For more information: https://www.government.nl/latest/news/2021/01/22/night-time-curfew-as-of-saturday-23-january   Photo: Louise and Nic Unsplash  
More

Patrons