4 February 2015

Mistra company bought to deal with future water issues

Urban Water Management Sweden AB, which originated in a Mistra programme on water management, has been purchased by SP Technical Research Institute of Sweden. The company will strengthen research in the area of water and sanitation.

Succeeding in making water and sanitation management more sustainable is one of the major issues for the future. Shortages of clean water and problems with sanitation result in both great human suffering and immense costs to society.

SP Technical Research Institute of Sweden conducts extensive research in this area. To boost its skills further, this corporate institute has recently bought the company Urban Water Management Sweden AB.

‘This acquisition paves the way for new knowledge, innovations and increased Swedish exports in the water sector, and is of great strategic importance for the benefits we can deliver to public-sector stakeholders and industry,’ says Maria Khorsand, SP’s Chief Executive Officer (CEO).

Background in major research initiative

Urban Water Management Sweden AB is a leader in sustainability and systems analysis in the water and sanitation sector. The company originated in Urban Water, which received funding of more than SEK 60 million from Mistra in the years 1998–2006 and was one of the world’s biggest research programmes in this area.

‘As part of SP, we have the best possible scope for continuing to develop and run research and innovation projects for sustainable water and sanitation management. We also have a highly positive outlook regarding the potential for further developing and exporting our know-how to growth and developing countries.’

The speaker is Charlotta Möller, CEO of Urban Water Management Sweden AB, who will continue to direct activities in the SP group.

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