Industrial Policy & Trade Monitor· 2662 actions· ✨ 89 recent

NIB, the multilateral development bank owned by the eight Nordic and Baltic member states, signed a SEK 1.2 billion (EUR 108.9 million) loan with AB Transitio, a Swedish rolling-stock leasing company owned by regional public transport authorities, to finance the acquisition of 13 new double-decker trains on behalf of Mälardalstrafik AB. Deliveries begin in spring 2028 with entry into service through 2029, expanding regional rail capacity across the Stockholm-Mälardalen region (four counties, roughly 40% of Sweden's GDP). NIB below-market development-bank financing functions as a state-adjacent subsidy to domestic rail-fleet procurement.

On 5 November 2025 the Riksdag voted in favour of the Government's proposal to repeal Sweden's 2018 moratorium on uranium mining and exploration. The decision amends the Environmental Code (Miljöbalken) and the Minerals Act (Minerallagen) to reclassify uranium as a "concession mineral" — a mineral "especially useful for society" — allowing bedrock exploration and full mining-concession applications under Sweden's existing mineral-rights framework. The new rules enter into force on 1 January 2026. Sweden hosts an estimated 27% of Europe's known uranium reserves (per the Geological Survey of Sweden, SGU); the reversal is the first European uranium-mining policy opening of the post-Chernobyl era and complements the EU Critical Raw Materials Act (which lists uranium as a strategic raw material) and the emerging EU Nuclear Common Industrial Agenda.

NIB, the multilateral development bank owned by the eight Nordic and Baltic member states, signed an 8-year EUR 150 million loan with Volvo Car AB to finance research and development on Volvo's next-generation scalable EV platform (SPA3) and the new EX60 model, covering the 2024-2026 investment period. NIB below-market development-bank financing functions as a state-adjacent subsidy to a domestic automaker's EV transition, framed by NIB as support for Sweden's decarbonisation and regional innovation-capacity goals.

The European Commission approved, under EU State aid rules, a Swedish strategic reserve scheme worth EUR 300 million to safeguard security of electricity supply in emergency situations. The reserve remunerates generation, demand-side-response and storage capacity held outside the normal market and dispatched only when demand exceeds available supply, typically during winter peak-demand periods. Capacity will be selected through a competitive, technology-neutral, non-discriminatory bidding process, with the scheme authorised to run until 2035.