Nimbus reports lower first-half sales as defence business expands
Nimbus Group has reported lower sales for the second quarter and first half of 2026 as demand in the...
Sweden’s marine sector
Keep an eye on the marine trade news in Sweden – including manufacturers, distributors, boat builders and more.
Nimbus Group reveals Sport Tender 35 as first model in new Sport Cruiser 35 series
Nimbus Group has taken the wraps off the Sport Tender 35, a new 10.8-metre model designed to set the...
Allgon appoints chief technology and product officer
Swedish industrial radio control manufacturer Allgon has appointed Maria Lexe as chief technology and product officer, a newly created...
Baltic Safety Products appoints UK and Ireland manager
Baltic Safety Products, a safety equipment manufacturer based in Sweden, has appointed David Brown as country manager for the...
Premium buyers return as performance-led boating pushes back against ‘floating apartment’ trend
“People have forgotten what a boat should feel like,” says SE Yachts director Simon Rosier. For him, a shift...
X Shore ‘back and fully operational’ with new ownership
Swedish electric boatbuilder X Shore has secured new ownership, with the firm once again fully operational after its bankruptcy....
Candela CEO steps down, replacement named
Swedish electric vessel manufacturer Candela Technology AB has outlined a leadership transition, with founder and CEO Gustav Hasselskog stepping...
Candela raises €30m to build new factory as production increases
Electric vessel manufacturer Candela has raised €30m in a funding round to expand its production capacity, including the construction...
New Swedish builder to enter electric personal watercraft production
Swedish electric watercraft manufacturer Roxen Innovations will begin serial production of its electric personal watercrafts in April 2026, marking...
Nimbus appoints interim CFO
Nimbus Group has appointed Christian Johansson as interim chief financial officer (CFO), effective 1 March. Throughout March, Johansson will...
Nimbus FY2025 results: Losses widen amid weak demand in North America
Swedish leisure motorboat manufacturer Nimbus Group reported lower sales and earnings for the fourth quarter and full year 2025,...
