For all media enquiries please contact Katarina Janerud, 
Communications Manager: 

Tel: +46 8 440 50 50 
Direct: +46 8 440 50 69 
Mobile: +46 709 69 69 99
Fax. +46 8 611 79 98 

The Administrative Court of Appeal gives FinnvedenBulten right in tax ruling

Apr 16, 2013

The Administrative Court of Appeal in Stockholm has in a ruling dated April 11, 2013 repealed the Swedish tax authority Skatteverket's ("Skatteverket") review decision of FinnvedenBulten AB (publ) ("FinnvedenBulten") tax loss carryforwards and grants that FinnvedenBulten is entitled to reimbursement for costs associated with the process.

Skatteverket has previously, through review decision, declined FinnvedenBulten tax loss carryforwards by partially disallowed the deduction of interest on shareholder loans. FinnvedenBulten has maintained its former position with the support of leading tax experts and appealed to the The Administrative Court of Appeal. As The Administrative Court of Appeal in its ruling April 11, 2013 has approved FinnvedenBulten's position, carryforwards by approximately SEK 197 million will be allowed and reimbursement of costs associated with the process of SEK 300,000. The ruling is expected to gain legal force in June 2013. 

For further information, please contact:

Johan Westman, President and CEO, FinnvedenBulten
Tel: + 46 (0)70-520 59 17, e-mail:

NB: The information was submitted for publication on April 16, 2013 at 15.00 CET.

FinnvedenBulten develops and manages industrial businesses, offering products, technical solutions and systems in metallic materials. The Group operates as a business partner to international customers in the engineering industry, primarily the automotive industry. FinnvedenBulten is structured into two divisions - Bulten and Finnveden Metal Structures - both with strong positions in their respective customer segments. FinnvedenBulten is listed on NASDAQ OMX Stockholm. Further information at

About Nordic Capital Private Equity Funds

Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in Northern Europe. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital creates value in its investments. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. They are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. Additional information about Nordic Capital is available through its corporate website,

Back to news listings >