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Default Array as a "named range" - formula ok in cells, but error as "named range"

I want to have array formula as a named range, but Excel doesn't accept
this formula. Maybe it is the "&" sign, or? How should I write? I have
Swedish signs, therefore use ";" instead of "," etc, I guess.

={"Telecom";"Public & Healthcare";"Industrial & Utilities";"Banking &
Insurance";"Retail &
Logistics";"Other";"Company"};{"Telecom";"P&H";"In dustry";"B&I";"R&L";"Others";"Others"}


THIS worksheet formula is accepted into an ordinary cell.. I recieve
"Others" in the cell:

=LOOKUP("Company";{"Telecom";"Public & Healthcare";"Industrial &
Utilities";"Banking & Insurance";"Retail &
Logistics";"Other";"Company"};{"Telecom";"P&H";"In dustry";"B&I";"R&L";"Others";"Others"})


So - any idea how it should be as a named range formula?

Happy to all suggestions,
Tskogstrom

 
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