Search this site

Investment Sweden is considered a highly favourable investment destination offering a competitive, open economy with access to new products, technologies, skills, and innovations. Sweden excels in innovation and R&D, fostering a vibrant startup scene and advanced industries like tech, life sciences, and clean energy. With low corporate taxes, a competitive economy, and strong government support for incubators and VC funding, it's a global leader in technology, ranging from music exports to Industry 4.0. Sweden's VC scene is robust, with both domestic and international investors active in funding startups, particularly in tech and innovation sectors. Government support, diverse funding options, and a strong ecosystem contribute to Sweden's startup success on the global stage. Overview Why Sweden? Swedish Companies Sweden is renowned for its innovation-driven economy, with a strong focus on research and development With clean energy, advanced technologies and a thriving culture of collaboration, Sweden is at the global forefront of Industry 4.0 Sweden is a powerful springboard for new opportunities in transportation Sweden is currently the largest exporter of pop music in the world, per capita Overview Sweden is renowned for its innovation-driven economy, with a strong focus on research and development. With world class R&D performance and a thriving startup scene, Sweden offers the perfect springboard for taking new ideas to global markets. A Thriving Environment for SMEs and Investment Sweden provides great opportunities for SMEs to grow and flourish. It is considered a highly favourable investment destination offering a competitive, open economy with access to new products, technologies, skills, and innovations. With its well-educated labour force, outstanding communication infrastructure, stable political environment, leading-edge research, and superior ICT infrastructure, it is seen as a frontrunner in developing new technologies and setting new consumer trends. A Leader in Industry 4.0 and Technological Innovation Sweden is at the global forefront of Industry 4.0. This, combined with unique digital technology capabilities, high innovation capacity, world-leading universities, and close public-private collaboration, has created an unrivalled environment for innovations in areas such as life science, fintech and deeptech. Sweden has also seen rapid advances in electrification, alternative fuels, autonomous vehicles, connectivity, and platforms for shared mobility, which together with world class know-how in digitalisation, automotive manufacturing, testing and road safety, provide a powerful springboard for new opportunities in transportation. To illustrate the success of the services sector, Sweden has had a tremendous impact on the global music scene, with artists and groups like ABBA, Roxette, Avicii and Swedish House Mafia, to music producers and songwriters like Max Martin and Stig Anderson, to global online streaming platform Spotify. Sweden is currently the largest exporter of pop music in the world per capita. Photo: Sofia Sabel/imagebank.sweden.se Photo: Werner Nystrand/imagebank.sweden.se A Stable and Competitive Business Environment The political and economic situation in Sweden is very favourable and creates a high quality business environment. The corporate taxes are among the lowest in Europe: The country applies participation exemption, authorises a total tax deduction for interest and has no strict capitalisation rules. The economy is open, diversified (specialised in high-potential sectors such as high-tech products and sustainable economy) and extremely competitive. A Skilled Workforce and Efficient Legal System Demographics are becoming increasingly dynamic and are fuelling a highly qualified workforce attuned to export industries. The judicial system is balanced and allows for safe, transparent and reliable decisions. The quality of management and advisory services is very high, and the business procedures are simple to undertake. Swedish consumers have one of the highest levels of purchasing power in Europe. A Thriving Startup and Incubator Ecosystem Sweden's incubator scene is vibrant, with strong government support and diverse programs tailored to various industries. Startups benefit from access to funding, networking opportunities, and support services like mentorship and education. Many incubators have a global perspective, emphasizing international expansion. Overall, Sweden's ecosystem fosters innovation and entrepreneurship, making it a hub for startups. Sweden as an Investment Destination Discover what Sweden has to offer as an investment destination and explore partnership opportunities or learn more about the Swedish offer through the below organisations and companies or reach out to the Embassy at ambassaden.doha@gov.se for personalised assistance and support. Business Sweden is an agency partly owned by the Government, tasked with helping Swedish companies grow global sales and help international companies capture investment opportunities across Sweden’s dynamic industries, build long-term success and spearhead the green and digital transition. Vinnova is Sweden's innovation agency, governed by the Swedish government. Their work is based on the global sustainability development goals of the 2030 Agenda, adopted by the United Nations. They work to mobilise and support actors in the innovation system, encourage knowledge exchange, individual mobility and skill development and share methods for social change towards sustainable objectives. They identify needs and gather actors to face common challenges, and finance investments for a sustainable future. Swedish Agency for Economic and Regional Growth , Tillväxtverket, is a government agency under the Ministry of Enterprise and Innovation. Swedish Agency for Economic and Regional Growth promotes economic growth in Sweden by increasing the competitiveness of companies. Verksamt.se is a Swedish online service designed to provide information and support for those looking to start, run, or develop a business in Sweden. It is a collaboration between several Swedish government agencies, including the Swedish Companies Registration Office (Bolagsverket), the Swedish Tax Agency (Skatteverket), and the Swedish Agency for Economic and Regional Growth (Tillväxtverket). Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies, academic institutions and business players. They offer insights, connections and ways to engage across sectors. If you want to explore further or get in touch with the right actors - this is where to start. A Selection of Government Bodies ALMI Företagspartner (ALMI Business Partner) SEK (Swedish Export Credit Corporation) Swedish Central Bank (Sveriges Riksbank) Swedish Export Credit Agency (EKN) Swedish Financial Supervisory Authority (Finansinspektionen) Swedish Government Official Website Swedish Tax Agency (Skatteverket) Teknikföretagen (The Association of Swedish Engineering Industries) A Selection of Private Sector Organisations Handelsbanken Invest Stockholm Länsförsäkringar Bank Nasdaq Stockholm (Stockholm Stock Exchange) Nordea SEB (Skandinaviska Enskilda Banken) SwedenBIO Swedish Chamber of Commerce A Selection of Private Equity and Venture Capital Firms Altor Equity Partners EQT Partners Industrifonden Patricia Industries (Part of Investor AB) A Selection of Asset Management and Investment Platforms AP Funds (Swedish Pension Funds) Investor AB Nordic Capital SEB Venture Capital

Defence Sweden's defence industry is internationally recognised for its innovation, cutting-edge technology, and commitment to sustainability. Companies such as Saab, BAE Systems Hägglunds, and Volvo Defense have established Sweden as a leading player in the global defence market. The country's defence sector benefits from a well-trained workforce, advanced research and development capabilities, and strong collaboration between the government, military, and industry. Sweden’s defence industry is known for producing high-quality, advanced systems that are used both domestically and globally. The industry is a key driver of technological advancements, contributing to Sweden's economic growth and international standing in defence and security. Overview Why Sweden? Swedish Companies Sweden is home to globally renowned defence companies such as Saab, BAE Systems Hägglunds, and Volvo Defense Swedish defence innovation spans aircraft, naval systems, and advanced radar technology The sector emphasises sustainability and the integration of eco-friendly practices into defence manufacturing Sweden joined NATO in 2024 and maintains strong defence cooperation within NATO and EU, as well as with partner countries across the world Overview Sweden’s defence industry plays a crucial role in both national security and the global defence landscape. The industry is diverse, with Swedish companies producing a wide range of military equipment, including fighter jets, submarines, armoured vehicles, and advanced radar systems. Companies like Saab, with its Gripen fighter jet, and BAE Systems Hägglunds, known for its armoured vehicles, have successfully placed Sweden on the global map as a supplier of sophisticated and reliable defence systems. Sweden's reputation as a neutral nation has allowed us to engage in defence collaborations with various countries and organisations, making Sweden’s defence products highly sought after by global markets. Pioneering Innovation in Defence Technology Innovation is at the heart of the Swedish defence industry. Saab, for example, is a leader in developing advanced aircraft, including the Gripen series, which is known for its versatility, cost-effectiveness, and cutting-edge avionics. Saab is also a pioneer in naval technology, producing stealth corvettes and submarines equipped with state-of-the-art systems. In the land defence sector, BAE Systems Hägglunds specialises in producing advanced armoured vehicles, including the CV90, which is widely used by NATO and other international forces. These innovations not only enhance Sweden’s national defence capabilities but also contribute to global security by providing high-quality, reliable military solutions. Sustainability in the Defence Sector Sustainability is becoming an increasingly important focus in the Swedish defence sector. Companies are adopting environmentally responsible practices in manufacturing and production processes, reducing waste, and minimising the environmental impact of their products. Volvo Defense, for example, integrates eco-friendly technologies into its military vehicle production, reducing emissions and improving fuel efficiency. This commitment to sustainability reflects Sweden’s broader national goals and aligns with global efforts to reduce the environmental footprint of defence industries. Photo: Elisabeth Edén/imagebank.sweden.se Photo: Alexander Mahmoud/imagebank.sweden.se Governmental Support and International Cooperation Sweden’s defence sector also benefits from strong governmental support and international partnerships. The Swedish government works closely with defence companies to promote technological advancements and ensure national security. Agencies such as the Swedish Defence Materiel Administration (FMV) and the Swedish Armed Forces play key roles in supporting domestic innovation and procurement, ensuring that Sweden remains at the forefront of defence technology. Sweden’s involvement in international defence alliances is reflected by joining NATO's Partnership for Peace in 1994 to achieving full membership in 2024. Sweden's close ties with EU defence initiatives further strengthens its defence industry. Investments in Research and Technological Development The Swedish defence sector is also recognised for its strategic investments in research and development (R&D), particularly in fields such as artificial intelligence (AI), autonomous systems, and cyber defence. Companies like Saab invest heavily in R&D, driving innovations that are critical to the next generation of defence systems. The Swedish Defence Research Agency (FOI) plays a key role in advancing defence technologies, fostering collaboration between industry, academia, and the government. A Future-Ready Defence Industry The Swedish defence industry is well-positioned to continue its global influence, thanks to its strong tradition of innovation, sustainability, and international cooperation. With its focus on advanced technologies, eco-friendly practices, and global security partnerships, Sweden’s defence sector will remain a critical contributor to both national defence and international security in the years to come. Innovation Sweden delivers next-gen defence across air, land, sea - and now, space. Key assets: NATO-ready Gripen E, stealth A26 submarine, and CV90 Mk IV with AI, hybrid drive, and AR tech. Saab, BAE Hägglunds, Bofors, and Ericsson lead in autonomy and sensor fusion. SSC is enabling sovereign launch at Esrange, Europe’s first mainland orbital site, and advancing AI-driven space awareness, dual-use satellites, and resilient ISR. Modular, interoperable, and digitally native: Swedish systems secure operational edge. Resilience Sweden’s defence resilience spans cyber intel, infrastructure protection, and secure networks. Ericsson, with the Swedish Armed Forces, delivers encrypted 5G C4ISR via the NorthStar programme, using AI-enabled slicing. Total Defence integrates civil-military readiness for cross-domain continuity. Ethically developed and NATO/EU-ready, Swedish solutions are field-proven and scalable. From cyber analytics to electromagnetic resilience, Sweden ensures mission assurance and protection of critical assets. Sustainability Sweden builds sustainability into defence — from Scania’s hybrid military trucks to Saab’s low-emission production. Circular logistics, modular upgrades (like CV90), and smart munitions from Bofors reduce footprint and boost efficiency. The sector meets strict ISO norms and aligns with the EU Green Deal, making Sweden a leader in climate-smart security. This reflects a broader ethos: defence innovation must be ethical, climate-resilient, and designed for long-term societal value. Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies, academic institutions and business players. They offer insights, connections and ways to engage across sectors. If you want to explore further or get in touch with the right actors - this is where to start. Government and intra-Governmental Organisations Folke Bernadotte Academy (FBA) Swedish Armed Forces (Försvarsmakten) Swedish Defence Materiel Administration (FMV) Swedish Defence Research Agency (FOI) North Atlantic Treaty Organisation (NATO) A S election of Swedish Defence Companies and Associations BAE Systems Hägglunds Saab AB Volvo Defense BAE Systems Bofors Swedish Security & Defence Industry Association (SOFF) Swedish Defence Companies Sweden has a lot of diverse companies within the defence sector. Discover more about them and many other companies here .

Healthcare Sweden is a global leader in life sciences and precision medicine, investing over 3% of its GDP in R&D and fostering collaboration among top-tier universities, healthcare providers, and private companies. The country's healthcare system is renowned for its innovation and efficiency, supported by strong policies and continuous technological investment. Swedish advancements, such as the pacemaker and CRISPR-Cas9 gene editing, highlight its impact on global health, with major companies like Elekta and AstraZeneca mentoring numerous startups in the sector. Overview Why Sweden? Swedish Companies One of the most advanced healthcare systems in the world 10% of Sweden’s export lies in the Life Science sector One of the highest rates of patent filings in the life sciences sector i n Europe The Karolinska Institute in Stockholm is responsible for selecting the Nobel laureates in Physiology or Medicine Overview Life science has the power to unlock the major health and societal challenges and opportunities of today, and tomorrow. Data-driven healthcare combined with scientific breakthroughs are revolutionising treatment opportunities – paving the way for improved preventive approaches and addressing complex medical and individual needs through precision medicine. A World-Leading Healthcare System Sweden's healthcare system is internationally renowned for its model of innovation and efficiency, driven by strong policy support, a commitment to universal health coverage, and an ongoing investment in technology and preventive care. These features contribute to its reputation as one of the most advanced healthcare systems in the world with cutting-edge research in the fields of biotechnology, pharmaceuticals, medical technology, life sciences, precision medicine and healthcare. This is mainly because Sweden has several top-tier universities and research institutions. An Ecosystem of Collaboration and Excellence The presence of world-renowned universities and research institutions, such as the Karolinska Institutet, which awards the Nobel Prize in Physiology or Medicine, underscores Sweden's prominence in medical research. This ecosystem is complemented by a robust economy that supports innovation and development in various high-tech sectors, including precision medicine. Sweden’s approach is not just about funding; it's about creating a synergistic environment that includes government support, corporate involvement, and academic freedom, making it a prime destination for research and development in life sciences and precision medicine. Photo: Naina Helén Jåma/imagebank.sweden.se Photo: Helena Wahlman/imagebank.sweden.se Strong Investment and Global Collaboration Sweden has established itself as a global leader in life sciences and precision medicine, driven by its commitment to research and development (R&D). The country invests over 3% of its GDP in R&D, a significant portion of which is directed towards life sciences. This investment fosters an environment where academic institutions, healthcare providers, and private companies collaborate closely, contributing to advancements in medical research and healthcare technologies. A Legacy of Medical Innovation Sweden is considered one of the world's most prominent research nations and has historically been a country of life science innovations. 10% of Sweden’s exports lie in the Life Science sector. Swedish innovations such as the pacemaker, stereotactic radiosurgery and omeprazole have made an impact on the health and quality of life of millions of people. As the world switches to a new way of thinking and living, the life science sector has the potential and opportunity to accelerate research and innovation that will meet immediate and long-term healthcare needs, with a focus on data-driven solutions in preventative and precision medicine, infection control, and disease management. Groundbreaking Research and Industry Leadership Emmanuelle Charpentier's research at Umeå University has laid the foundation for one of today's greatest achievements in molecular biology and cell biology research, for which she received the 2020 Nobel Prize in Chemistry. All over the world, the CRISPR-Cas9 gene editing tool is now used by thousands of scientists in biology and medicine to alter the DNA of cells with high precision. Sweden also has a significant presence of multinational pharmaceutical and biotech companies, such as Elekta and AstraZeneca, that act as mentors to some of the numerous innovative startups and SMEs. Global hub for Life Science Research Sweden's life science ecosystem is anchored by world-renowned universities and research institutions, such as Karolinska Institutet, Uppsala University, and Lund University, fostering groundbreaking research and innovation in biomedical sciences. The country's strong emphasis on science and technology in healthcare is evident from its consistent production of innovative medical research and technologies. This is supported by institutions and universities and various biotechnology and pharmaceutical companies based in Sweden. The following are some of the notable features of the Swedish healthcare system: Digital Health Services: Sweden is a leader in the utilisation of digital healthcare technology. This includes comprehensive electronic health records (EHR) systems, which are among the best developed in the world. The country was also the first to adopt nationwide EHR, contributing to its high ranking in healthcare innovation. Learn more: OPP - Sweden: #15 in the 2020 World Index of Healthcare Innovation Swecare - Healthcare in Sweden Patient-Centered Care and Preventive Services: Swedish healthcare also emphasises preventive care and patient-centered services. There are national programs aimed at promoting healthy lifestyles and regular screening. The system also ensures that children and adolescents up to a certain age receive free healthcare services, which underlines its preventive and inclusive approach. Learn more: Swedish Healthcare - Overview of the Health System (healthmanagement.org) . Innovative Care Models: The Esther Model is one such innovation, developed to improve care coordination for elderly patients with complex conditions. This model is just one example of how Sweden looks to innovate in patient care by focusing on specific needs and efficient care processes. Learn more: Common Wealth Fund - Sweden’s Esther Model Global Collaborations and Health System Reforms: Sweden is involved in international partnerships, such as the WHO Primary Health Care (PHC) Demonstration Platforms, which aim to enhance PHC transformation globally. Domestically, Sweden has seen various health system reforms aimed at improving service availability, patient choice, and system efficiency. Learn more: World Health Organization - an innovative approach to enhancing PHC transformation European Health Observatory - Sweden: health system review 2023 Robust Industry Clusters Sweden has a state-of-the-art infrastructure for life science research and development, including specialised laboratories, incubators, and technology parks. We host several life science clusters, including Medicon Village in Lund, Stockholm-Uppsala Life Science, and BioVentureHub in Gothenburg, which facilitate collaboration between academia, industry, and healthcare providers, promoting the commercialisation of research. The availability of skilled researchers, engineers, and healthcare professionals is a great contribution to the ecosystem's success. Swedish Life Science companies are known for their focus on innovation, particularly in areas such as precision medicine, genomics, and digital health. Emerging technologies like AI and CRISPR/Cas9 are increasingly being integrated into research and development efforts. This research is conducted with sustainability and ethical considerations as keywords. Collaborative Ecosystem Triple Helix Sweden's life science ecosystem is characterised by a high degree of collaboration between various stakeholders, including universities, hospitals, startups, and established companies, leading to a vibrant environment for innovation and development in areas such as biotechnology, pharmaceuticals, and medical technology. This Triple Helix model is a key that together with the public-private partnerships, research consortia, and joint initiatives all foster innovation and knowledge exchange. Government Support and Investment The Swedish government provides substantial support for the life science sector through funding agencies like Vinnova and initiatives such as the National Life Science Strategy, aiming to position Sweden as a global leader in health and life sciences. In addition, the Swedish healthcare system is decentralis ed, giving significant responsibilities to regional and local governments. This system ensures universal health coverage for all residents, which contributes to high public funding and low levels of unmet health needs. The Swedish government provides substantial support for life science research and innovation through funding programs, tax incentives, and favourable regulatory policies. Agencies like Vinnova play a key role in promoting R&D activities. Learn about pioneering Swedish innovations within life sciences and more Innovation Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies, academic institutions and business players. They offer insights, connections and ways to engage across sectors. If you want to explore further or get in touch with the right actors - this is where to start. A Selection of Government B odies AI Sweden - Healthcare Business Sweden - Life Science Region Skåne Innovation (Healthcare) Region Stockholm Stockholm Science city Swecare SwedenBIO Swedish Ministry of Health and Social Affairs (Socialdepartementet) Sweden's National Life Science Strategy The National Board of Health and Welfare (Socialstyrelsen) The Public Health Agency of Sweden (Folkhälsomyndigheten The Swedish eHealth Agency (E-hälsomyndigheten) The Swedish Research Council Vinnova Life science Swedish University Hospitals Karolinska University Hospital Sahlgrenska University Hospital Skåne University Hospital Uppsala University Hospital Örebro University Hospital Linköping University Hospital Umeå University Hospital A Selection of Private Entities AstraZeneca Sweden Elekta Essity Getinge Group Karolinska Institutet Medicon Village Sahlgrenska Science Park Swedish Healthcare Companies Sweden has a lot of diverse companies within the healthcare sector. Discover more about them and many other companies here .