Get the latest insights on the economy, industries and emerging trends that can help your business tackle the challenges it faces in today’s market. We share the learnings and perspectives of leading experts and innovators in the Nordics, both from Nordea and beyond.
The economy has surprised positively in the first months of the year, but the outlook for the rest of the year is clearly weaker. The rise in prices and interest rates will continue to put pressure on consumers, and lower housing demand will decrease the volume of construction.
After tough negotiations the labour market parties have managed to reach a new collective agreement for the private sector – calling off the risk of a long and costly conflict. Moreover, the agreement will likely make it possible for wage earners to regain lost purchasing power.
After a period at full steam, the Danish economy is preparing for a soft landing. Household spending has been limited by high inflation, and the construction industry especially is being affected by high interest rates.
China is now one of the bright spots in the global economy thanks to its post-COVID rebound. Developed economies, however, continue to fight against inflation, which is still too high. As central banks tighten their monetary policy it remains to be seen whether they will be able to deliver a soft landing or if many economies will slide into a recession.
Adapting to a challenging market: Three Nordic companies share their financing strategies
A decade of cheap and ample Nordic corporate bond financing came to an abrupt end in 2022 amid soaring inflation and rising interest rates. How are companies adapting to the new normal? Three Nordic corporates shared their approach to funding with Nordea's Henrik Immelborn at the recent Treasury 360 Nordic conference.
As a bank, Nordea has a unique opportunity to facilitate our clients' transition towards a more sustainable and net-zero future. Regulations and policy measures must support banks in this task, says Martin Persson, Head of Large Corporates & Institutions, in Views: The Eurofi Magazine.
While the global sustainable bond market made a definite, if somewhat muted, return to growth in Q1 2023, the Nordic market stood out once again, showing strength despite some concerns carried over from 2022. With record sustainable volumes in Q1 and notable traction in the corporate Eurobond market, sustainable financing has found a successful home in the Nordics.
European Sustainability Reporting Standards: the introduction and formalisation of concepts
The European Sustainability Reporting Standards are a core component of the sustainability reporting landscape within the European Union, providing the mandatory reporting framework to be followed under the Corporate Sustainability Reporting Directive. As alignment across EU regulation increases, it is important to be aware of definitions and concepts introduced under each new proposal.
The cost of flexibility is less than the cost of financial distress
For some high-level reflection on a decade of low funding costs and soaring Nordic corporate bond issuance, the Nordea On Your Mind team talked to Nordea's Morten Ristvedt, Head of Large Corporates & Institutions Norway, and Lars Fischer, Head of Debt Solutions & Structuring.
A credit rating gives access to a very deep pool of capital
Stena AB is one of the largest family-owned companies in Sweden, with global operations in shipping, ferry lines, offshore, real estate and finance. How do you run and fund a capital-intensive business with a sub-investment-grade credit profile that’s investing in a sustainability journey? We asked Stena AB Finance Director Peter Claesson.
Denmark’s finance minister, Nicolai Wammen, spoke to institutional clients at Nordea’s recent symposium on the Danish economy and government debt. He highlighted the strength of the economy but also the need to tackle some big challenges ahead.
Cash flow must be sufficiently good every year, and better in the good years
For an inside view of a comprehensive funding and leverage journey, the Nordea On Your Mind team talks to Outokumpu’s CFO Pia Aaltonen-Forsell, who shares her thinking behind the company’s new strategy and financial targets introduced in late 2020.