SÖDERTÄLJE, Sweden--(BUSINESS WIRE)--Scania (STO:SCVA)(STO:SCVB) and the Royal Institute of Technology (KTH) in Stockholm are investing in increased cooperation between academia and industry. Deeper cooperation will strengthen KTH’s research and education as well as Scania’s future supply of employees with advanced expertise.
Provision of expertise is increasingly becoming a core issue for the business community, while academia sees the need to strengthen its external links and contacts with the business community.
A new cooperation agreement between KTH and Scania will enable close dialogue to occur about future expertise requirements and research.
In addition, Scania will create a corporate structure that increases the supply of jobs for those writing a thesis and other project challenges for KTH’s students and doctoral candidates, and will also contribute additional teachers for various courses of study.
“Attractive and highly qualified engineering and graduate education are the basis for maintaining and developing research and the automotive industry inSweden,” says Scania’s President and CEO Leif Östling.
The supply of engineers is crucial to the ability of the Swedish-based engineering industry to compete in the global market. Scania needs to recruit between 300 and 600 engineers annually that have a BSc or MSc degree in engineering.
KTH inStockholmrepresents an important recruitment base for Scania – of the company’s 10,500 employees in theStockholmregion, about 3,000 have a BSc or MSc degree in engineering.
“It is of great value to KTH to be able to facilitate forms of exchange of people between academia and the business community,” says KTH’s vice-chancellor Peter Gudmundson.
“We are convinced that this type of cooperation contributes to higher quality in research as well as higher education at KTH and improved innovative power for our partner companies.”
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products is a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also provides financial services. Employing some 35,500 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2010, net sales totalled SEK 78 billion and net income amounted to SEK 9.1 billion. Scania press releases are available on www.scania.com (http://www.scania.com/)
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