Sweden: An Overview
- Gateway to the EU market, with 27 Member States
- Sweden is Ranked as n:O 2 in Global Competitiveness
- Swedish companies have the highest usage of communication technology in the world (The Global Information Technology Report )
- High Labor Productivity
- Competitive Corporate Taxation
- Stable Economic Growth (Q3 2010, 2.1% growth)
- Sweden’s business sector is unique for its large number of multinational corporations in relation to the relative size of the national economy.
- Sweden places third in economic competitiveness within the EU, after Switzerland and Denmark (Source: World Economic Forum, 2008-2009).
- Sweden is ranked as number four in economic competitiveness (Source: World Economic Forum, 2009-2010).
- Sweden is ranked number one when it comes to technological readiness (Source: World Economic Forum, 2009-2010)
- In 2008, there were more than 12,800 foreign-owned companies employing a total of 620,000 Swedes. USA was the country with the most IT companies, 241 and almost 12,000 employees. (Source: Only in Swedish; Tillväxtanalys
- Sweden is foremost in innovation capability (Source: Global Summary Innovation Index; Trendchart, 2007).
- The highest internet penetration in Europe; 80% (Source: Invest in Sweden Agency)
- Sweden was in 2008 ranked number 18 as one of the leading exporters and importers in world trade in commercial services. (Source: WTO)
Växjo
- Population: 64,200 (Kronoberg County: 80,000)
- Area: 11,300 sq Miles
- Infrastructure: Växjo airport, train connections to Stockholm, Copenhagen and Gothenburg
- Important industry clusters: Kingdom of Aluminium, BioEnergy Småland, Kingdom of Crystal, Kingdom of Furniture, Heavy Vehicles
- Home to: Linnaeus University, Swedish Emigrant Institute, the City Växjö was appointed the Greenest City in Europe
Entrepreneurs, small businesses, manufacturing industry; machinery and metal, paper- and pulp for export.
In 2004, Växjö had Sweden’s highest export per capita.
An Executive Company Search is a directory online over the export-ready companies in the county.
Largest companies in the region: Andritz, Alstom, Flakt, Gyptech, Finnveden Powertrain, IKEA, Kalmar Industries, Nibe, Orrefors, Kosta Boda, Profilgruppen, Stråfors, Södra, Volvo Construction Equipment, Vida Timber, Saab Aerotech, Electrolux , Elitfönster and Linnaeus University with 32 000 students.
Karlskrona
- Population : 64,032
- Area:3,400 sq miles, the city is consisting of a beautiful archipelago of 1650 small islands
- Infrastructure: Baltic Ferry from Karlskrona to Poland, Ronneby Airport
- Important Industries: IT/Telecom, defence industry
- Home to: Blekinge Institute of Technology is the most sustainable university in Sweden, Sweden Naval Base and Coast Guard
TelecomCity is a network consisting of approximately 50 member companies which are a growing number of world leading international companies and small entrepreneurial development companies. It is a mix of hardware and software companies and telephone operators.
Blekinge Institute of Technology focuses on applied information technology and sustainable development.
Important companies: Ericsson, Kockums, Telenor, ABB High Voltage Cables, Aura Light Intl., Logica, Flextronics Intl., Area NP Uddcomb, Dynapac, Stena Line and Blekinge Institute of Technology has foreign exchange students from 30 different countries. That number is the highest in Sweden.
In the ever-increasing global market, Sweden hosts one of the most internationally integrated economies in the world. With a focus in technology-driven commerce, Sweden’s sizable trade and foreign investment are only a few signs of the nation’s competitive business.
In addition to a notable business sector, Sweden focuses on the future through a qualified, highly-developed workforce and education system – Swedish schools and universities meet high international standards. Swedish society itself is reflective of the country’s widespread innovation in information technology.
This inventive technological pioneering stems from Sweden’s high expenditure on and investment in Research & Development (R&D). R&D is an integral part of Sweden’s economy, providing for the necessary breakthrough technology so vital to business. Due to this as well as Sweden’s commitment to education and Information & Communications Technology (ICT), Sweden is recognized as one of the world’s most knowledge-based economies.
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