Model for recovery from Banking Crisis:
recommendation: follow the Swedish model for recovery
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Table of Contents:
Sweden
Geographically located in the center of Scandinavia and the Baltic Sea Region, Sweden offers links to the rest of Europe via road, rail and its international airports.
Sweden is a major European center of information technology. It is at the heart of ‘Wireless Valley’ – a region which includes Sweden’s North European neighbours, and is home to the world’s most advanced users of mobile telephony and the Internet. Wireless Valley has an enviable record of attracting world leaders in the development of communication technologies. Companies such as Nortel Networks, Intel, Microsoft, Nokia, Siemens, Motorola, Compaq, Cisco Systems and Oracle have established R&D centers in Sweden to develop new wireless applications. Other investors are Hewlett-Packard, Hüls, IBM and Unilever.
The skilled workforce for these investors is provided by the universities and research institutes. Sweden has the most advanced IT users in the world and this originates from the academic base, with technology forming a major part of skills development. Universities in Sweden include the Royal Institute of Technology in Stockholm; the Uppsala University; the Institute of Technology in Lund and Chalmers Institute of Technology in Göteborg. All working to ensure that Sweden maintains its position as a leader in the new economy.
Investment Promotion Agency:
Mr Sigvard Beck-Friis
Invest in Sweden Agency
Box 90
Stockholm
10121
Sweden
tel: +46 (0) 8 402 78 00
fax: +46 (0) 8 402 78 78
Stockholm-Uppsala
At the heart of the Stockholm-Uppsala region lies the capital city of Sweden.
With its strategic location and highly qualified workforce, Stockholm has become a success story in attracting high technology companies from all over the world.
Stockholm has the largest concentration of IT/telecom companies in Scandinavia. 60 per cent of its inhabitants use the Internet regularly and the city has more mobile phone users than any other.
An estimated 1200 companies are involved in creating interactive media in a fast growing new media sector. Overseas companies include Icon Medialab, Razorfish, Digital Illusions and Cycore Computers. Stockholm is also host to the top two games publishers in the world, Electronic Arts and Psygnosis. The city is at the center of the Swedish health care industry and one of Europe´s largest industrial health care clusters with 102 medical device companies, 24 biotechnology Companies and 54 pharmaceutical groups. Major investors are Pharmacia & Upjohn, Glaxo-Wellcome, Merck & Co, Boehringer-Ingelheim, Pfizer, Schering-Plough and SmithKline Beecham. Healthcare companies are attracted to the region by its proximity to regulatory agencies such as the the Medical Products Agency.
Some of these investors are located on the Kista Science Park in north-western Stockholm. The Park provides a base for more than 350 enterprises, employing approximately 30.000 people. The Royal Institute of Technology, Swedish IT Institute and several other research institutions are also present on the Park.
Cities
Stockholm
Investment Promotion Agency:
Ms Ulrika Rosen
Business Arena Stockholm
Stockholm City Hall
SE-105 35 Stockholm
Sweden
tel: +46 (0) 8 508 280 78
fax: +46 (0) 8 651 76 33
Stockholm
Green Leaders
STOCKHOLM, Sweden
Population > 1.7 million
Leading indicator > Europe's least-polluted major city, says Cushman & Wakefield
Fast companies > Ericsson; H&M; clean techies Envac and Fortnum
Home to almost 2,500 green-sector companies and powered by the research output of its Karolinska, Beijer, and IVL institutes, Stockholm is the fuel cell under the hood of a country that aims to be oil-free by 2010. Its Hammarby Sjöstad district is a living eco-laboratory of 4,000 apartments with quadruple-glazed windows, ovens and cookers that run on biogas from wastewater, and central heating wired to photovoltaics.
Stockholm is the capital city of Sweden in Northern Europe. With its strategic location and highly qualified workforce, the city has become a success story in attracting high technology companies from all over the world.
Stockholm has the largest concentration of IT/telecom companies in Scandinavia. 60 per cent of its inhabitants use the Internet regularly and the city has more mobile phone users than any other.
An estimated 1200 companies are involved in creating interactive media in a fast growing new media sector. Overseas companies include Icon Medialab, Razorfish, Digital Illusions and Cycore Computers. Stockholm is also host to the top two games publishers in the world, Electronic Arts and Psygnosis. The city is at the center of the Swedish health care industry and one of Europe´s largest industrial health care clusters with 102 medical device companies, 24 biotechnology Companies and 54 pharmaceutical groups. Major investors are Pharmacia & Upjohn, Glaxo-Wellcome, Merck & Co, Boehringer-Ingelheim, Pfizer, Schering-Plough and SmithKline Beecham. Healthcare companies are attracted to the region by its proximity to regulatory agencies such as the the Medical Products Agency.
Some of these investors are located on the Kista Science Park in north-western Stockholm. The Park provides a base for more than 350 enterprises, employing approximately 30.000 people. The Royal Institute of Technology, Swedish IT Institute and several other research institutions are also present on the Park.
Investment Promotion Agency:
Ms Ulrika Rosen
Business Arena Stockholm
Stockholm City Hall
SE-105 35 Stockholm
Sweden
tel: +46 (0) 8 508 280 78
fax: +46 (0) 8 651 76 33
East Sweden
East Sweden is located in the middle of what is developing to be one of the most dynamic regions in the world – north-eastern Europe. East Sweden, with the main cities of Linköping and Norrköping, is strategically located in south-eastern Sweden with easy access to the fast-growing Baltic market of more than 80 million people. Both Linköping and Norrköping have international airports located near their city centers.
East Sweden is characterized by a high-tech profile and active co-operation between large multinational companies, universities and small innovative companies. The modern interdisciplinary university (Linkoping University) with world-class education and research is one of the cornerstones in East Sweden’s positive development.
The region also has a long industrial tradition with high productivity and a highly qualified workforce with a good knowledge of foreign languages. Several international corporations have already discovered the benefits of investing in East Sweden. Whirlpool, Nokia, Ericsson, Convergys and Compaq are only a handful of examples. There are also a number of small and medium-sized companies such as Autoliv Electronics, ConNova, Aurora, a2b Electronics and Swedish Microwave.
Some of these investors are located on one of East Sweden’s three science parks. Mjärdevi Science Park is the biggest, and in fact, the fastest growing in Europe. The two others, Berzelius Science Park and ProNova, have considerable growth potential.
Cities
Linkoping
Investment Promotion Agency:
Mr Alarik Arthur
East Sweden Development Agency
PO Box 1224
581 12
Sweden
tel: +46 (0) 13 200 730
fax: +46 (0) 13 31 35 34
Linkoping
The Swedish city of Linkoping, along with its neighbouring city of Norrkoping, represents the fourth largest urban area in Sweden with a population of a quarter of a million.
Major sectors of activity are sensor technology, signal and image processing, software technology and electronics. A number of companies from these sectors operate on the Mjardevi Science Park; the high tech hub of Linkoping. The Science Park was established in 1984 and has since grown to house 150 companies with around 5000 employees. It is one of the ten fastest growing science parks in the world.
The region benefits from the presence of Linkoping University; an institute with a focus on high-technology and leading edge research. Particular areas of expertise include medical technology, industrial management and engineering, materials technology and IT. The university has the country's broadest curriculum of IT courses and Sweden's largest department for computer science.
Investment Promotion Agency:
Mr Alarik Arthur
East Sweden Development Agency
PO Box 1224
581 12
Sweden
tel: +46 (0) 13 200 730
fax: +46 (0) 13 31 35 34
Karlskrona
This fast-growing Swedish town, 50 minutes south of Stockholm, is a former military base and naval shipyard that has re-invented itself as TelecomCity.
The most important investor in the town is Ericsson, which has been joined recently by Motorola's new wireless internet applications center and more than 40 other telecom companies employing 4,500 of the town's 60,000 population.
A further 4,000 people attend one of Sweden's most advanced universities, in fact the Karlskrona/Ronneby University is the country's only one specialising in Applied Information Technology and is a leading partner in the TelecomCity initiative.
The town has forged an international alliance with other telecom clusters in Richardson, Texas and Sophia Antipolis, Cote d'Azur.
Investment Promotion Agency:
Mr Sigvard Beck-Friis
Invest in Sweden Agency
Box 90
Stockholm
10121
Sweden
tel: +46 (0) 8 402 78 00
fax: +46 (0) 8 402 78 78
Skane
Skåne has an excellent geographic location, close to the rest of Scandinavia
and Europe, which is easily accessible by car, ferry, air or train. Skåne is
a part of the Öresund Region, which has 135,000 students and 10,000
researchers - all within easy reach. Lund University in Skåne is one the
largest universities in Scandinavia.
There are several dynamic clusters in the region in important growth
sectors. Life science, food and food technology as well as information and
communication technology are a few of the specialist industries that thrive
and develop in our region. Co-operation within the Öresund region has
established Medicon Valley, the largest centre of biotechnology and
pharmaceuticals research in northern Europe.
Cities
MalmoHelsingborgLandskronaLund
Investment Promotion Agency:
Ulrika Brink
Communication officer
Region Skåne Inward Investment
Stortorget 9
SE-211 22
Malmö
tel: +46 40 35 92 03
fax: +46 40 35 92 17
Malmo
Malmö is Sweden’s third largest city and the commercial center of southern Sweden, with a population of 255,000 inhabitants. Air, sea and land communications in Malmö and the surrounding region are the best developed in Scandinavia. It takes less than one hour by air to Stockholm, Amsterdam, Hamburg or Berlin. London can be reached in two hours. Sturup, the local airport is just 30 minutes away from the city center. Copenhagen Airport can be reached just as quickly by boat from the air terminal on Skeppsbron in central Malmö. Now that the Öresund Fixed Link is complete it will take just 30 minutes from the city of Malmö to the city of Copenhagen.
Sectors of particular relevance in Malmo include the food and pharmaceutical sectors. The region has many food and packaging-related companies, including Tetra Pak, Felix, PLM, Procordia, Skånemejerier and Danisco Sugar. The region is also known as Medicon Valley as more than 60 % of the Scandinavian pharmaceutical industry is based in and around the city. Well-known companies include AstraZeneca, Active Biotech, Ferring and Gambro.
Investment Promotion Agency:
Ulrika Brink
Communication officer
Region Skåne Inward Investment
Stortorget 9
SE-211 22
Malmö
tel: +46 40 35 92 03
fax: +46 40 35 92 17
Helsingborg
Helsingborg has since long been a centre for transport and trade. The transport industry still employs many people and Helsingborg's Harbour (Helsingborgs Hamn) is the second largest in the country. However, it is above all the IT-industry that is expanding today. A number of the country's best known computer companies - for example, ReadSoft and Mactive - have their head offices in Helsingborg and Ikea has moved its international IT-centre here! It is also within IT and other high-tech branches that the greatest need for employees will be found in the future.
Once upon a time, a rubber boot was Helsingborg's industrial symbol! During the first half of the 20th century, the production industry played a large and important role in the development of the town. This position has now been taken over by companies dealing with logistics, chemicals, medicine and food-production. Well-known Helsingborg companies are Scandlines, Kemira Kemi, Pharmacia, van den Bergh Food/Unilever and Ikea.
Investment Promotion Agency:
Ulrika Brink
Communication officer
Region Skåne Inward Investment
Stortorget 9
SE-211 22
Malmö
tel: +46 40 35 92 03
fax: +46 40 35 92 17
Landskrona
Landskrona is located in the center of the Oresund area in Sweden. It is located less than an hour’s travel from Copenhagen, Malmo, Lund and Helsingborg. Lund University is the closest institute of higher education and provides trained labor for investors such as Thorn Lighting, Hydro Chemicals, Swep International and Rohm and Haas Nordiska.
Investment Promotion Agency:
Ulrika Brink
Communication officer
Region Skåne Inward Investment
Stortorget 9
SE-211 22
Malmö
tel: +46 40 35 92 03
fax: +46 40 35 92 17
Lund
The city of Lund is situated in Skåne, about 40 minutes from Copenhagen International Airport. Among the different lines of business you will find telecommunications, computer science, pharmaceutical industry, manufacturing of machine equipment, packaging material and medical equipment.
Today Lund University is the largest unit for research and higher education in Scandinavia, with seven faculties and a number of research centres and specialised institutes. The university has 34,000 undergraduates, 3,200 postgraduates and 6,500 employees.
IDEON, Sweden's first and largest science park is in Lund. The science park is promoting the high tech development in Swedish commercial and industrial life, in close co-operation with the university. Today there are about 170 different companies in IDEON, and their fields of business embrace chemistry, biotechnology, pharmaceuticals, provisions, computers and electronics, telecommunications and environmental technology. Local companies at IDEON include Ericsson Mobile Communication, Axis, C-Tech, Probi and Bioinvent.
Investment Promotion Agency:
Ulrika Brink
Communication officer
Region Skåne Inward Investment
Stortorget 9
SE-211 22
Malmö
tel: +46 40 35 92 03
fax: +46 40 35 92 17
West Sweden
Where the borders of Sweden, Norway and Denmark meet lies West Sweden. The region has excellent rail connections and Landvetter, the largest of the region's nine airports, and the most modern in Sweden, is just outside Gothenburg. European highways link West Sweden with Stockholm, Oslo and Malmö/Copenhagen.
West Sweden is an important base for the development of the technology and research industries in Sweden. Ten sectors have been identified where the region has key strengths, including information technology, medicine, mechanical engineering, international trade and transport and marine technology.
The IT sector in West Sweden, which incorporates telecommunications and electronics, is made up of around 300 companies employing 20,000 people. A dynamic consultancy industry has developed around these sectors with companies such as Cap Gemini, Hogia, Netnova Development and Verimation advising many of the regions technology leaders.
These technology leaders include 3M, Akzo Nobel, Autodesk, BASF, Bayer, Borealis, Bull, Cap Gemini, CNN, Digitron, Hewlett Packard, Hitachi Data, IBM, Kodak, Mitsubishi Electric, Oracle, Rank Xerox, Sony, Sun Microsystems, Texas Instruments and Yamaha.
There are two universities in West Sweden - Chalmers Technical University and Gothenburg University and a number of technology parks and research villages which have been developed to house this vibrant activity.
Cities
GoteborgBoras
Investment Promotion Agency:
Mr Sigvard Beck-Friis
Invest in Sweden Agency
Box 90
Stockholm
10121
Sweden
tel: +46 (0) 8 402 78 00
fax: +46 (0) 8 402 78 78
Goteborg
Goteborg is located in the West of Sweden in the Northern part of Europe. It is accessed by Göteborg Landvetter International Airport, with daily flights to most major European centers and weekly flights to destinations in the Far East and North America
Göteborg is home to Sweden's most advanced telecommunications network. A factor which has resulted in over 600 overseas companies locating in the area. These companies are from the pharmaceutical & medical, IT & electronics, space technology and media sectors. Well-known investors include Saab Automobile, Telia, CNN and Saab Ericsson
Goteborg is Sweden's leading center for film and television production and its colleges offer a wide range of media courses. Around 40 000 people study in the region at institutes such as Goteborg University, Chalmers University of Technology and the Nordic School of public health.
Investment Promotion Agency:
Mr Sigvard Beck-Friis
Invest in Sweden Agency
Box 90
Stockholm
10121
Sweden
tel: +46 (0) 8 402 78 00
fax: +46 (0) 8 402 78 78
Boras
Borås is the second largest municipality in Western Sweden, and sits at the intersection of four major national highways. Road and rail services provide links to both Gothenburg and Stockholm. Landvetter, Western Sweden's international airport, is located halfway between the city and Gothenburg and offers seventy-five daily departures to over twenty destinations.
The economy of Borås is supported by a number of small and medium sized enterprises with only around twenty companies having more than two hundred employees. The city is a hub for companies from the retail sector. It houses the head offices of a number of retail chains such as JC, MQ and Hemtex and a number of major mail-order houses such as Ellos, H&M Rowells, Haléns and Josefssons.
Other major companies located in the area include Volvo Buses, Ericsson Microwave Systems, Voac Hydraulics and Uponor.
Borås has a university college with a total of nearly 5,000 students. The college provides education and an increasing degree of research in five principal fields: library and information sciences, computing and economics, textiles and ready-to-wear clothing, technology, and children's education. The college, together with the Swedish Testing and Research Institute (SP), the Foundation Institute for Corporate Development (SIFU) and Swedac, contributes to a high level of specialist expertise in the city.
Investment Promotion Agency:
Mr Sigvard Beck-Friis
Invest in Sweden Agency
Box 90
Stockholm
10121
Sweden
tel: +46 (0) 8 402 78 00
fax: +46 (0) 8 402 78 78
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