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Gry Holmgren Hafskjold, CEO of LTU Business, together with Staffan Sarbäck, University Director of Luleå University of Technology. View original picture , opens in new tab/window

LTU Business receives major orders from the EU's prestige project in innovation

Published: 9 July 2018

LTU Business AB has been commissioned to develop go-to market strategies for new innovations to a number of major industrial groups in the EU EIT Raw Materials prestige project worth a value of 8.6 million SEK.

- This is the result of our strategic commitment to building international specialist competence in innovation management in parallel with the development and packaging of our proprietary method Innovation Due Diligence, said Gry Holmgren Hafskjold, CEO of LTU Business AB.

The projects have a strong emphasis on countries such as Germany, Spain and Italy, in cooperation with major industrial groups such as Siemens, Fiat, Outukumpu and Volvo Construction Equipment, totaling SEK 8.6 million over three years.

- The reason we have succeeded is to enable our customers to benefit from the structured process we are working on. We provide critical information that forms an early decision base that increases the ability of innovation to succeed in the market. It is crucial to get rid of resources and resources in research-related product development, said Pär Johansson, Chief Strategy Officer of LTU Business AB.

During the six months, LTU Business has been close to customer collaboration to maximize distribution to innovations, which has led to a good order intake.

- Northern Sweden is a leading region in Europe on innovation and this order strengthens the university, LTU Business and the region's unique position and competitiveness in the field, said Gry Holmgren Hafskjold, CEO of LTU Business AB.