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SWEDEN IN QATAR Sweden in Qatar is the gateway to Sweden’s longstanding presence and expanding partnership with Qatar, built on more than 50 years of diplomatic ties. The page highlights Sweden’s footprint in the country - from the Embassy’s role in diplomacy, trade, and investment to the expanding network of Swedish companies contributing to key sectors shaped by innovation, sustainability, and digitalisation. Here you’ll find the Embassy’s priorities, the Qatar–Sweden Business Council , and Sweden Talks: expert-talks exploring shared ambitions in areas like mobility, governance, innovation and the green transition. A live social media feed offers real-time snapshots of the people, initiatives, and collaborations driving Swedish–Qatari engagement on the ground. Discover the Embassy of Sweden in Doha , the centre of more than 50 years of Swedish–Qatari partnership. The page highlights the Embassy’s role in diplomacy, trade, investment, and innovation, and serves as a key entry point for exploring Sweden’s strengths, opportunities for collaboration Embassy of Sweden Doha Qatar–Sweden Business Council The Qatar–Sweden Business Council (QSBC) is a strategic platform that strengthens innovation, trade, and investment ties between Sweden and Qatar by bringing together leading Swedish companies and key Qatari institutions under a structured, long-term dialogue. Launched in 2025, it turns growing bilateral momentum into concrete partnerships and projects aligned with Qatar’s Vision 2030. Sweden Talks A curated speaker space featuring voices from Sweden and Qatar — from innovators, experts and diplomats to researchers and CEOs. Sweden Talks explores shared priorities like climate, mobility, digital futures, and public sector transformation. Explore upcoming events, highlights from past talks, featured voices, and shared priorities - all organized under Sweden Talks: Upcoming, Highlights, Voices, and Shared Priorities. Sweden Talks Social Media Feed Follow our social media channels for real-time updates, behind-the-scenes insights, and key highlights from the Embassy of Sweden’s work in Qatar. Stay connected on Instagram, Facebook, LinkedIn, and X for the latest news and a direct window into Sweden’s engagement in the country.

QATAR–SWEDEN BUSINESS COUNCIL Qatar–Sweden Business Council (QSBC) is an industry-led platform for enhancing trade and investment ties between Sweden and Qatar. The formal launch of the Qatar–Sweden Business Council (QSBC) in Doha on 11 September 2025 was an important milestone on the path towards building this long-term platform for structured dialogue and partnership between Swedish companies and their Qatari counterparts. QSBC was inaugurated during the official visit of H.E. Benjamin Dousa, Sweden’s Minister for International Development Cooperation and Foreign Trade, who led a senior delegation of government officials and business leaders to Doha. The visit also marked the first anniversary of the first official visit of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, to Sweden. FAQ Sweden FAQ Qatar A Joint Platform for enhancing Trade and Invesments Jointly led by Business Sweden and the Qatar Chamber of Commerce and Industry (QCCI), QSBC brings together Swedish multinationals, SMEs and scaleups/startups alongside leading Qatari private sector actors. Core Members currently include ABB, ACR, Axis Communications, Candela, Cellcolabs, Ericsson, FAM, GAC, H&M, IPCO, LKAB, Munters, Qatar Swedish Central Air Conditioning & Ventilation, SAAB, Scania VC/TRATON AB, Scania Trucks & Volvo CE (Alfardan), Teledyne FLIR Defence, and Tivoli Group (Hästens). Members include Alfa Laval, AstraZeneca, Better Shelter, Einride, Ertzy, Marell Boats/MCT, Nano Textile, Scania CV, Serneke/Scandian, SKF, Swedish Incubators and Science Parks, Viviotex, and Volvo Group/Al Futtaim. The Council is anchored by Mr. Håkan Buskhe, CEO of FAM AB, and H.E. Ali Al Misned, Board Member of QCCI. The QSBC aims to: Facilitate B2B and B2G connections Advance joint trade and investment projects Create an annual platform for sectoral dialogue and innovation exchange The next meeting of the Council is planned to take place in Sweden in 2026. From Momentum to Structure The establishment of QSBC reflects the growing business partnership between Sweden and Qatar. It builds on Sweden’s brand pillars of trust, innovation, and collaboration, and supports Qatar’s goals for diversification, sustainability, and digital transformation under Vision 2030. Trade between Qatar and Sweden has continued to expand during the past years, supported by Qatar’s open investment environment and Sweden’s strengths in sustainable technologies, digitalization and innovation. QSBC provides a structure to translate this momentum into an institutional framework. Platform Sweden will continue to highlight the progress of QSBC, including new opportunities, projects, and partnerships in the field of trade and investments. Mail Contact Business Sweden for more information

How to Do Business in Qatar Qatar offers a wide range of opportunities for international companies looking to expand into the MENA region and to establish their presence in Qatar. The country offers a stable institutional framework, strong economic fundamentals, and future-ready infrastructure that enable a business-friendly climate for foreign investors or new businesses. Overview Learn More Tips Along the Way The work environment in businesses in Qatar is usually more formal, titles are important, the hierarchy is evident and business attire is often required. Hierarchy and respect for authority is highly valued and decision-making often follows a top-down approach, with seniority and rank playing significant roles in business interactions. Doing business in Qatar may require patience and adaptability to navigate bureaucratic processes, cultural differences, and market fluctuations. It is of importance to maintain a flexible yet steadfast approach and be prepared for unforeseen challenges. As in most other places, it is important to show a respect for local customs, traditions, and religious norms , and to take the time to understand and adhere to cultural patterns, etiquette, and business protocols, including appropriate dress code and communication styles. Business in Qatar is often relationship-driven and it is therefore important to invest time in building strong relationships with local partners, government officials, and key stakeholders; this could be done through networking events, business associations, and trade fairs. Qatar's government plays a significant role in the economy through state ownership of institutions and companies, public procurement and infrastructure projects. While Arabic is the official language, English is widely spoken , especially in business settings. However, having a basic understanding of Arabic can be advantageous for building rapport and conducting negotiations. Qatar has been rated as having one of the least demanding tax frameworks in the world, however, the tax authorities in Qatar continue to align with international tax administration standards. Although the GCC countries have agreed to introduce VAT, and this has been done in several member countries, Qatar has hitherto deferred the introduction of a 5% VAT regime. In general, a company established in Qatar must be headquartered in the country and be Qatari owned, e.g. foreign investors can own only up to 49% of the share capital, while the other 51% must be held by one or more Qatari partners. There are however some exemptions wherein foreign investors’ shareholding might exceed 49% up to 100%: within certain sectors such as industry, health, education, consulting etc. provided that the business (or project) is compatible with Qatar’s development plans. adequately exploits available domestic raw materials, local content, provides new products or establishes new technologies, and has the national interests at heart. By appointing a commercial agent in Qatar, a foreign business can sell goods and products in Qatar via the agent without incorporating a legal presence here. The commercial agent must be a Qatari individual or a legal entity that is wholly owned by Qatari nationals. Several of the major governmental entities require for their contractors and vendors to be included in Approved Vendors Lists and approved contractors list. The approval is either through the entities’ websites, or through the subcontractors' inclusion in tenders or similar. The In-Country Value (ICV) principle is a key component in the tender process that requires companies bidding on projects to demonstrate their commitment to contributing to Qatar's economic development by maximising the local value generated from the project, such as the use of local goods and services, creating job opportunities for Qatari nationals, and transferring knowledge and technology to the local workforce. Compliance with ICV requirements is often a significant consideration in tender evaluations and contract awards for governmental entities. Testbeds in Qatar — controlled environments where new technologies, products, or services are evaluated, tested, and refined before wider deployment — can play a pivotal role in advancing innovation across key sectors such as Smart Cities, Energy and Sustainability, Healthcare, and Transportation. These platforms enable collaboration between government, industry, academia, and international partners to pilot and scale cutting-edge solutions. Licensing Options Ministry of Commerce and Industry – MOCI: The Ministry is responsible for overseeing commercial and industrial activities for the State of Qatar and directing these activities in accordance with the requirements of national development. The Ministry’s mandate includes business development needed to attract investments, and support and develop exports. Key business activities/ focus sectors are all from Sports and Cultural services to Industry, Consultancy Services and Health Services Qatar Financial Centre (QFC) : F ocusing on Financial banking and investment business, as well as Information Technology, Real Estate and Sports and Event management. Qatar Free Zones Authority : The initial focus of the QFZA is on the three sectors of logistics, chemicals and emerging technology. Qatar Science & Technology Park - A technology hub for innovation: Aimed at incubating and growing Qatar’s post-carbon economy and fulfilling Qatar’s 2030 National Vision, the QSTP was established to encourage international corporations and research institutes from around the world to develop and commercialise technology in Qatar and launch entrepreneurial technology businesses. Media City Qatar : Focusing on media related businesses. Learn More: 10 things you need to know about doing business in Qatar - clydeco.com Doing Business in Qatar - pwc.com Doing business in Qatar - Invest Qatar Doha News - Qatar Ministry of Commerce and Industry – MOCI Rules for setting up and operating a company in Qatar - ILoveQatar.net

How to Do Business in Sweden Sweden is renowned for its innovation, driven by the Triple Helix model of collaboration among academia, industry and government. This enhances research, technology transfer and competitiveness globally. The Swedish business culture values consensus, cooperation and transparency, with a focus on equality. For new or expanding businesses, understanding the specific regulations and obligations in Sweden is essential. Overview Financing Innovation Focus: Sweden thrives on collaboration between academia, industry, and government to drive innovation Consensus Culture: Business practices prioritise consensus, cooperation, and transparent communication Informal Workplace: An informal work environment with a focus on equality and consensus in decision-making Regulatory Compliance: Essential understanding of local business regulations and obligations is key for starting or expanding businesses Overview Sweden is often ranked as one of the world's most innovative countries, and the Triple Helix model — collaboration between academia, industry and government — has been pivotal in driving this. Swedish universities work closely with industries and receive support from different government agencies. This collaboration fuels research, technology transfer and commercialisation efforts, enhancing Sweden's competitiveness on the global stage. The business culture in Sweden is based on consensus, cooperation, participation and communication. Everyone is considered being equal, is to be respected and everyone’s opinion is valid. The working climate is very transparent and informal, the use of first names between colleagues is the norm. Meeting is an important tool for management and planning is essential. There is a well rooted tradition of gaining consensus before any decision is made. It is of essence when starting a new company or expanding businesses in Sweden, to know what rules that apply. The rights that cover the business and its owner as well as the rules and obligations that are required to adhere to. Photo: Melker Dahlstrand/imagebank.sweden.se Steps on The Way to Do Business in Sweden A. Research: Do your own research to evaluate if your concept and ideas are enough – use online sources and contact trade organisations to receive statistics and general state of the market. B. Networking – use your network, friends, connections, colleagues and relatives and look into websites such as Swedish Jobs and Society Foundation (Nyföretagarcentrum), which provides advice to new businesses and holds regular events around the country. Business Sweden can help you connect with other stakeholders and companies or Verksamt.se can also be of help. C. Get permission Certain types of businesses in Sweden require a permit to operate. A list of the various trades, professions and businesses that require permits can be found here, Find permits - verksamt.se . D. Tax registration: Register your business for tax at the Swedish Tax Authority, Skatteverket Approval for F-tax | Skatteverket E. Company registration: Protect your business's name by registering it at the Swedish Companies Registration Office website (Bolagsverket). F. Make your business plan - A good business plan is essential in getting others to listen, whether they are banks, investors or potential customers. Find a guide to what Swedish bankers, investors and authorities look for in a business plan at Verksamt.se. Financing your start - verksamt.se G. Hire staff , and do it by the book - Employment conditions in Sweden are regulated by the Employment Protection Act (Lagen om Anställningsskydd, or LAS). This law has wide-ranging provisions for parental leave, holiday and pension entitlements. H. Ensure accurate bookkeeping - it’s wise to use an authorised accounting firm . I. Finance your venture – A selection of Swedish startup incubators: o Almi Företagspartner (Almi), a state-owned company that helps businesses with capital and advice o Arctic Business – affiliated with Luleå University of Technology o Blekinge Business Incubator (BBI) – southeast Sweden o Chalmers Ventures – affiliated with Chalmers University of Technology, Gothenburg o Create – affiliated with Mälardalen University o DRIVE – part of Karolinska Institutet in Stockholm, specialised in life sciences o Inkubera – based in Örebro and Karlskoga o Ideon Innovation – in the Ideon Science Park in Lund o LEAD – owned by Linköping University o Movexum – owned by Region Gävleborg o Umeå Biotech Incubator (UBI) – in partnership with Umeå University, among others. Swedish Financing Tools for International Business, Innovation and Trade Projects Sweden provides a range of public financing instruments designed to support companies involved in international trade, innovation and infrastructure development . These tools are available to both Swedish and international actors engaged in cross-border projects, including SMEs, importers of Swedish solutions and developers seeking long-term capital . Available instruments include loans, guarantees, credit insurance and equity investments . These are intended to facilitate cooperation on projects of varying scale, particularly in areas such as sustainable infrastructure, healthcare, smart mobility, energy transition, and advanced technology . They may be especially relevant in regions such as Qatar and the wider Gulf, where there is increasing interest in long-term partnerships focused on innovation and development. Swedish financial institutions can play a role in reducing project risk and improving access to financing , supporting both early-stage ventures and large-scale initiatives. The broader objective is to enable international collaboration where Swedish expertise and solutions are part of long-term development strategies. Efforts are underway to connect Qatari and international stakeholders with the relevant Swedish institutions that offer financial and technical support throughout the project lifecycle. Explore Our Financing Partners: EKN - Government-backed guarantees to reduce risk for buyers and financiers Swedfund - Supports businesses in emerging markets to build a more sustainable and equitable future Swedish Export Credit Corporation - Long-term loans and structured finance for large projects involving Swedish solutions EPC Alliance - Financing and partnership platform for large-scale international projects Learn More: Discover more about doing business in Sweden 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. About us - Business Sweden Doing business with Sweden - Sweden Abroad How to start a business in Sweden - Sweden.se How to start a business in Sweden - Verksamt.se National Board of Trade Sweden (Kommerskollegium) Qatar Embassy in Stockholm - Kingdom of Sweden

ABOUT SWEDEN Photo: Henrik Trygg/imagebank,sweden.se Sweden is a thriving, innovative and globally connected society located in Northern Europe, blessed with a vast landscape of wilderness including forests, lakes and rivers, with mountain ranges in the north and a long sea coast with thousands of islands. It has the fifth largest surface area among European countries, approximately corresponding to the size of California, stretching 1574 kilometres from north to south. Geography and climate partly explain why a strong industry and infrastructure development has been vital to our prosperity – from steel making and forestry production to roads and railways to telecommunications and broadband, to vehicle and aircraft manufacturing to highly advanced life sciences. Our people and companies combine high-skilled production with care for both the environment and society at large. Policies enabling widespread access to technology and the internet have contributed to making Sweden the fast-moving, innovative nation it is today. Sweden’s economy and business environment is praised internationally: as the most innovative country in the EU, second most innovative country in the world and one of the best countries in Europe for business. Sweden Impacts Sectors Key Facts Population : 10,673.669 (2024) Capital: Stockholm GDP per capita: 56,373.8 USD (2024) Rankings #1 In the infrastructure index #1 In the business sophistication index #1 Most innovative country in the EU, and 2nd most innovative economy globally #2 In the knowledge and technology outputs index #3 In the human capital and research index #4 Most trustworthy country in the world Innovation, Sustainability and Industrial Excellence Sweden is a Nordic country known for its innovation, social welfare system, and high quality of life. With a population of around 10 million people, Sweden boasts a strong economy driven by sectors like manufacturing, technology and healthcare. Its strong commitment to sustainability sets it apart on the world stage. Sweden's industrial history is characterised by innovation and excellence across various sectors. It began with iron and steel production together with forestry and paper, followed by engineering and manufacturing, with companies like SKF and Volvo gaining global recognition. Sweden's technology sector, led by companies like Ericsson, has also been influential, along with advancements in renewable energy and life sciences through companies like AstraZeneca. Throughout history, Sweden's commitment to quality and sustainability has remained central to its success. Being the birthplace of the Nobel Prize, Sweden continues to be home to academic excellence and offers some of the world’s most renowned universities and research institutes. A Highly Educated and Internationally Oriented Society Since access to free education is a key priority , the Swedish population has become increasingly highly educated, and nearly 25% of the Swedish population between 16 and 74 years had attained a post-secondary education of three years or more in 2022. Sweden's higher education system is renowned for its quality, accessibility, and innovation . Emphasising research and sustainability, Swedish universities prioritise internationalisation , welcoming students and faculty from across the world. Sweden's education system emphasises critical thinking, creativity, and problem-solving , nurturing a skilled workforce adept at innovation. In Sweden, the Triple Helix model —collaboration between academia, industry, and government—has been pivotal in driving innovation and economic growth. Swedish universities work closely with industries and receive support from government agencies like Vinnova. This collaboration fuels research, technology transfer, and commercialisation efforts, enhancing Sweden's competitiveness on the global stage. A Global Hub for Innovation, Startups and Investment With a world class R&D sector, Sweden has a booming startup and scaleup scene . Providing a great environment for companies to thrive and expand their businesses and brands, Sweden offers great opportunities to introduce new ideas into the global market, and this in turn has made Sweden consistently top-ranked among the innovative countries in the EU . Having access to EU and Nordic markets, with an advanced infrastructure, Sweden also boasts of an exceptional quality of life. The strong economy and stable government makes it an attractive location for foreign investments. There are no restrictions or disadvantages for foreign investors , the rules are clear for employment and redundancy of employees and the corporate tax framework is competitive. Sweden was ranked 10th out of 190 economies for ease of doing business, according to the World Bank’s Doing Business report for 2021. Innovation Sustainability Sectors

Sustainability Sweden is a global leader in sustainability, driven by a combination of historical, cultural, economic and policy factors. The country has achieved significant economic growth while reducing carbon emissions and limiting pollution. Sweden aims to be fossil-free and generate 100% renewable energy by 2045, leveraging its abundant hydropower and bioenergy resources. It excels in cleantech innovation, waste management, and sustainable transportation, with significant investments in electrifying transport and modern infrastructure. Citizen engagement and public awareness of eco-friendly practices are crucial, supported by comprehensive recycling systems and advanced research institutions. Overview Why Sweden? Swedish Companies The Swedish Government has set an ambitious goal and aims for fossil-free status and 100% renewable energy by 2045, leveraging hydropower and bioenergy Sweden excels in innovating, implementing, and exporting cleantech solutions in energy efficiency, water and wastewater treatment, and renewable energy. Key areas include heating, cooling, waste management, and water treatment Sweden has a sophisticated waste management system focusing on reducing, reusing, and recycling. Nearly 99% of household waste is recycled or used for energy, with strict laws on waste separation Citizen engagement and awareness are crucial. Eco-friendly consumer choices, sustainable fashion, food production, and ethical business practices are widely supported by informed and environmentally conscious citizens Overview Sweden is at the forefront of sustainability due to a combination of historical, cultural, economic and policy factors. With a history of international commitment towards sustainable development, Sweden, along with its neighbouring Nordic countries, has managed to grow its economy substantially while reducing carbon emissions and limiting pollution. The Swedish green model means integrating business and sustainability. Sweden is pioneering the evolution of climate-smart technologies and system-wide solutions, proving that green growth can be a driving force for transition. Photo: Miriam Preis/imagebank.sweden.se Towards a Sustainable Future Government Policies and Renewable Energy Sweden was the first country in the world to pass an environmental protection act in 1967, and Sweden also hosted the first UN conference on the global environment in 1972. The Swedish government has set ambitious goals for sustainability, including going fossil-free and generating 100 percent renewable energy by 2045 (around 60 percent today). Sweden has an abundance of rivers and forests/biomass, which contributes to the country’s high share of renewable energy. Hydropower and bioenergy are the top renewable sources. The government’s energy policies have also promoted the use of renewable energy. The Electricity Certificate System – a market-based support system for renewable electricity production – is one example. To qualify, electricity must come from wind, solar, geothermal, wave power, biofuels or small-scale hydroelectric plants. Waste Management Sweden has a sophisticated waste management system that focuses on reducing, reusing, and recycling. The legal basis for the Swedish waste management system is established by both Swedish and European waste legislation. As of 2024, a new law declares that everyone must separate their food waste at source – this goes for households and businesses alike. About 99 percent of all household waste is recycled as energy or materials and municipal waste in landfills is almost non-existent. Sweden even imports waste from other countries (for a fee), waste that is being used for energy recovery, metal recovery and material recovery of inorganic material. Material recycling is the top priority and source segregation of waste is undertaken by a vast majority of Swedish households. As more and more heavy-duty vehicles are being powered by alternative fuels, Sweden is actively working on utilising biogas produced from organic waste, including food waste. Scania and Volvo are examples of companies that are making significant investments in developing efficient and sustainable fuel solutions. Sweden has long had a can and bottle deposit system that gives people money back when they recycle – since 1984 for aluminium cans, and since 1994 for PET plastic bottles. Each year, Swedes recycle more than 2 billion bottles and cans using the so-called pant system. It has even generated a new verb in Swedish; panta. Green Building Practices Swedish companies in the field of green buildings and infrastructure enjoy a global reputation for their methods and usage of innovative technologies. Wooden building technology and low-energy housing solutions are areas where Sweden is at the forefront. Cleantech Sweden is one of the world’s leading nations when it comes to innovating, implementing and exporting cleantech solutions. The main sectors are: energy efficiency, water and wastewater treatment, and renewable energy. Within these sectors, Swedish companies offer a variety of solutions, technologies and services within areas such as heating and cooling, waste management and water treatment. Education and Research The last decades have seen Sweden become a leading hub for environmental research. For example, Stockholm is home to world-class institutes such as the Stockholm Environment Institute and the Stockholm Resilience Centre at Stockholm University. Sustainable Transportation A significant element of Sweden’s goal of achieving net-zero emissions by 2045 entails electrifying transportation on land, air and sea. Sweden's commitment to sustainability is reflected in its position as one of Europe's leaders in electric car sales, with three-quarters of its railway network electrified, with the Swedish startup company Heart Aerospace developing electric aircraft for regional travel and another startup company Candela beginning to operate electric ferries as part of the Stockholm public transport network. Around 0.8 percent of Sweden’s GDP goes towards investments in transport infrastructure, ensuring that public transport, freight logistics, and air travel maintain a high degree of modernity and cutting edge innovation. Additionally cycling infrastructure is a priority for Swedish cities, as is promoting walking. Public Engagement Citizen engagement and a widespread awareness of the impact of individual actions are crucial aspects of the Swedish commitment to sustainability. Initiatives such as eco-friendly consumer choices, sustainable fashion and food production, and ethical business practices are supported by informed and environmentally conscious citizens. Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies 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 Avfall Sverige Business Sweden Smart City Sweden Swedish Cleantech Sweden.se The Swedish Environmental Protection Agency A Selection of Private Entities and Initiatives Circular Sweden Plantagon Svensk Vindenergi

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SWEDISH COMPANIES Photo: Sofia Sabel/imagebank.sweden.se Sweden is home to a diverse range of globally recognised companies that have made significant contributions across various industries, from technology and retail to manufacturing and automotive. Known for their innovation, sustainability, and commitment to quality, Swedish companies have a strong global presence, driven by cutting-edge technology and a focus on eco-friendly solutions. Whether it’s pioneering advancements in telecommunications with Ericsson, revolutionising retail with IKEA, or shaping the future of music streaming with Spotify, Swedish firms continue to set new benchmarks for excellence and sustainability in business. This page highlights some of the most prominent Swedish companies and their impact on the global market. Leading Global Companies from Sweden A selection of Swedish companies with market presence in Qatar ABB Alfa Laval AstraZeneca Axis ACR Asperiq Atlas Copco BAE Systems Comsys Echandia Envac EQT Consilium Elekta Epiroc Ericsson GAC H&M Husqvarna IKEA Getinge Hexagon IBG IPCO Lammhult LKAB Munters Qmatic Lindex Volvo Group Olink SAAB Scania SKF Sensys Gatso

Industry Sweden has established itself as a strong and reliable industrial nation, leveraging its rich natural resources and innovative capabilities. With a legacy that spans from the 17th century metallurgical fields to modern-day smart industry advancements, Sweden continues to lead in sustainable and technologically driven industrial operations. Key players like LKAB, Hybrit, and H2 Green Steel exemplify Sweden's commitment to eco-friendly practices and cutting-edge technology, driving forward the nation's green transition. Overview Why Sweden? Swedish Companies Sweden is rich in natural resources such as forests, iron ore, and hydroelectric power Sweden's industrial sector accounted for about 25% of the nation's GDP in 2022. Sweden's forests cover approximately 70% of the country's land area, providing a substantial resource for the timber and paper industries. The industry sector in Sweden reduced greenhouse gas emissions by 20% between 2008 and 2021, demonstrating significant progress in sustainability. Overview Sweden's industrial sector is a cornerstone of its economy, characterized by its vast natural resources and a long history of innovation. Since the 17th century, Sweden has capitalized on its rich deposits of iron ore and copper, as well as its extensive forests, to build robust metallurgical and timber industries. By the early 20th century, Sweden had diversified its industrial base, with companies like Volvo and SKF emerging as global leaders in automotive and bearing manufacturing. Electrolux and Ericsson also made their marks in household appliances and telecommunications, respectively. New Wave of Industrial Innovation Today, the landscape of product manufacturing, distribution, reuse, and recycling is undergoing a revolutionary transformation with the advent of Smart Industry. This new wave of industrial innovation is driven by advancements in 3D printing, electrification, automation, and data analytics. Supported by top-notch skills and a commitment to clean energy, Sweden is at the forefront of Industry 4.0, establishing itself as a global leader in sustainable, digitally driven operations. Environmentally Conscious Industrial Future In the northern parts of Sweden, a transformative wave is sweeping across industries, ushering in a new era of sustainable innovation. Companies like LKAB, Hybrit, and H2 Green Steel are leading this charge. LKAB is revolutionising the mining industry with carbon-free processes. Hybrit and H2 Green Steel are pioneering in the production of fossil-free steel, underscoring Sweden's commitment to an environmentally conscious industrial future. Sweden's industrial sector benefits from strong government support, fostering a conducive environment for growth through policy initiatives, infrastructure investments, and research support. This collaborative culture is key to driving the country's green transition, positioning Sweden as an ideal location for establishing sustainable and technologically advanced industrial operations. Photo: Jann Lipka/imagebank.sweden.se LKAB LKAB, a state-owned Swedish mining company founded in 1890, specializes in high-grade iron ore products essential for steelmaking. It is recognized for its innovative and sustainable practices, including the HYBRIT project, which aims to develop fossil-free steel production by using hydrogen instead of coal. Committed to environmental sustainability, LKAB plans to achieve carbon-free production by 2045 through renewable energy, electrification, and circular economy initiatives. Read more Swedish Forest The Swedish forest industry is a cornerstone of the national economy, renowned for its sustainable practices and innovation. Covering more than half of Sweden’s land area, the forests provide raw materials for a variety of products, including sawn wood, paper, and biofuels. The industry emphasizes sustainability, with extensive replanting and responsible forest management to ensure long-term ecological balance and biodiversity Read more Smart Industry Smart Industry Sweden is an industrial graduate school aimed at enhancing the competitiveness and innovation of Swedish industry through research excellence. This initiative involves collaboration between five universities to educate future industry leaders in Industry 4.0. The program fosters valuable networks between academia and industry, ensuring that Swedish industry remains at the forefront of technological advancements. Read more Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies 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 Business Sweden Confederation of Swedish Enterprise Enterprise and industry - Government Government Offices of Sweden Ministry for Foreign Affairs A S election of P rivate Entities Alfa Laval Atlas Copco Ericsson Epiroc Hexagon AB Industrivärden Saab Sandvik Scania SKF Stockholm Chamber of Commerce Swedish Chamber of Commerce Volvo Group Swedish Industry Companies Sweden has a lot of diverse companies within the industry sector. Discover more about them and many other companies here .

Retail Swedish retail is renowned internationally for its innovation, sustainability, and strong brands. Companies like IKEA, Spotify, H&M, and Volvo, operating both domestically and internationally, have established Sweden as a global retail powerhouse. The country’s retail market is highly attractive to international brands due to its innovative approach, skilled labor force, and openness to new technologies and business models. Swedish retailers excel in integrating sustainability into their business models, with many producing dedicated sustainability reports and embracing eco-friendly practices. Sweden is a leader in driving innovation in artificial intelligence, adeptly integrating AI technologies across multiple sectors to enhance operational efficiency, improve user experiences, and stimulate economic growth. Overview Why Sweden? Swedish Companies Sweden is home to many renowned brands such as IKEA, Spotify, H&M and Volvo Swedish retail is renowned for its strong commitment to sustainability, driven by both consumer demand and corporate responsibility The retail sector in Sweden is highly innovative, utilizing advanced logistics, AI, and digital marketing. Self-checkout systems and mobile payment options Sweden has a strong e-commerce market with around 70% of Swedes having made an online purchase in the past year Overview Swedish retail, driven by strong brands, plays a significant role in the global market in setting trends and standards. The Swedish retail market is diverse, covering sectors like food and grocery, clothing, furniture, and electronics. Notable international brands have successfully entered the market, attracted by Sweden's dynamic economy, high consumer spending, and openness to new technologies. Sustainability at the Core of Retail Practices Sustainability is a core aspect of Swedish retail. Many retailers focus on sustainable products and practices, such as IKEA's commitment to using only renewable and recycled materials by 2030, and H&M's Conscious Collection, featuring clothing made from organic and recycled materials. The Swedish government's support for sustainable practices and the high adoption rate of eco-friendly products among consumers also highlight Sweden's leadership in driving conscious consumption and sustainable lifestyle solutions. Retailers are increasingly adopting circular economy practices, focusing on second-hand shops, reducing waste and promoting recycling. Smart Mobility and AI Innovation: The Volvo Example Volvo, a notable brand at the forefront of Sweden's pioneering efforts in AI and innovation, exemplifies the country's commitment to smart, sustainable transportation solutions. By focusing on advanced technologies like autonomous driving and electric vehicles, Volvo is leading the way in integrating AI to revolutionize the automotive industry. Photo: Simon Paulin/imagebank.sweden.se Photo: Margareta Bloom Sandebäck/imagebank.sweden.se A Digitally Advanced Retail Landscape Investments in innovation and digitalization further bolster Sweden's retail industry, creating a favorable environment for growth and expansion. The Swedish retail sector is known for its adoption of innovative technologies. This includes advanced e-commerce platforms, innovative payment solutions like Klarna and Swish, and the use of artificial intelligence and data analytics to enhance the shopping experience and optimize supply chains. E-commerce is a significant component, with about 70% of Swedes shopping online, 50% shopping from their mobile phones. This indicates high digital literacy and a curious, tech-savvy and forward-thinking consumer base. The COVID-19 pandemic accelerated the shift towards online shopping, with a majority of Swedes continuing their online shopping habits post-pandemic. An Open and Supportive Market for International Business Sweden offers smooth business procedures, an openness to international ownership, and a supportive environment for innovation. This makes it easier for international companies to enter and succeed in the Swedish market. Institutions such as Business Sweden and the National Board of Trade support the retail sector by promoting trade and investment. These organizations provide strategic advice and practical support to both Swedish companies looking to expand globally and international companies aiming to enter the Swedish market. They help minimize risks, accelerate market entry, and drive growth by leveraging extensive networks and partnerships. Vinnova and Sweden’s Commitment to Sustainable Retail Innovation The Swedish Innovation Agency, Vinnova, plays a significant role in supporting the retail sector by funding projects that drive sustainable growth and innovation. Events like the Sweden Innovation Days foster international collaboration and drive sustainable solutions. These events highlight Sweden's commitment to creating a more sustainable and innovative retail environment. Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies 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 Business Sweden Circular Sweden Invest in Sweden Sweden Abroad Swedish Retail and Wholesale Council Invest Stockholm National Board of Trade Sweden Vinnova A Selection of Private Entities Axel Johnson Group Bonnier Group H&M Group Inter IKEA Group IKEA (Ingka Group) Klarna Lindex Spotify Swish Volvo Swedish Retail Companies Sweden has a lot of diverse companies within the retail sector. Discover more about them and many other companies here .

Energy Today Sweden uses mainly its own renewable energy sources, such as water, wind, sun, and biomass. It also, to a certain extent, imports nuclear fuel, biofuels, and fossil fuels such as oil and natural gas. Sweden currently has EU’s highest share of renewables in the national energy mix (54.6%), and the grid stability is 99.9%. Overview Why Sweden? Swedish Companies EU’s highest share of renewables in the national energy mix (54.6%) The grid stability is 99.9% Leading the green energy transition index 2024 In 2020, Sweden exported approximately 25 terawatt-hours of electricity to neighboring countries Overview Today Sweden uses mainly its own renewable energy sources, such as water, wind, sun, and biomass. It also, to a certain extent, imports nuclear fuel, biofuels, and fossil fuels such as oil and natural gas. Sweden currently has EU’s highest share of renewables in the national energy mix (54.6%), and the grid stability is 99.9%. Global Leadership in Sustainable Energy Innovation The country is the global leader in district heating and cooling solutions, heat-to-electricity conversion and energy reuse. It also hosts the leading innovators in electrification, digitalisation, HVDC lines, substations and energy quality solutions. Right now, there are more than 30 test beds focusing on high voltage engineering, solar and wind power, battery storage, fuel cell technologies, hydrogen applications, heating and cooling solutions, active in Sweden. Sweden’s knowledge, investment, and innovations in sustainable energy production such as battery production, wind, solar, biomass, and hydrogen technology, district energy, and grid modernisation is therefore world-leading. Photo: Jerker Andersson/imagebank.sweden.se Photo: Hans Berggren/Scandinav/imagebank.sweden.se Collaborative Innovation for a Fossil-Free Future In Sweden, utility giants, industrial companies and startups are working together with researchers to develop and commercialise clean energy technologies for a variety of applications. Further opportunities can be found in the production of low-carbon hydrogen, synthetic fuels and biofuels which will create a bridge for clean electricity in heavy industry and long-haul transport. Another current project partly funded by Vinnova is the Energihamnen in Malmö, a pilot project to develop a sustainable and self-sufficient energy system that will make industries less vulnerable to access to external electricity and gas. Green Hydrogen: Powering Sweden’s Sustainable Transition In Sweden, hydrogen energy is starting to become a key component of the country's transition to sustainable energy. Sweden is therefore investing in hydrogen infrastructure and research to further support the development and adoption of these innovative technologies. With abundant renewable resources like hydropower, wind, and biomass, Sweden is well-positioned to produce green hydrogen through electrolysis (where water is split into hydrogen and oxygen using renewable electricity). This green hydrogen can then be used as a clean fuel for transportation, heating, industrial processes, and energy storage, and thus reducing carbon emissions. Nilsson Energy, a Swedish start-up, specializes in hydrogen energy solutions, focusing on developing innovative systems for production storage and utilization of hydrogen, wherein renewable energy sources like solar and wind are combined with electrolysis technology to produce green hydrogen, which can be stored and used when needed for various applications. Sweden's Energy Solutions Waste-to-Energy Waste-to-energy plants in Sweden are a significant part of the country's energy strategy (and waste management) and play a crucial role in both waste disposal and energy production. Read more Green Iron In Sweden, green energy is driving innovation in the iron industry. Renewable energy sources like hydropower and wind are increasingly powering iron production, reducing carbon emissions and promoting sustainability. Under the name HYBRIT, they are developing the first fossil-free steel. The Hybrit technology has the potential to reduce Sweden’s total carbon dioxide emission by at least 10% Read more Hydrogen Energy In Sweden, hydrogen energy is starting to become a key component of the country's transition to sustainable energy. Sweden is therefore investing in hydrogen infrastructure and research to further supp ort the development and adoption of these innovative technologies. With abundant renewable resources like hydropower, wind, and biomass, Sweden is well-positioned to produce green hydrogen through electrolysis Read more Learn More: Curious to see how Sweden’s expertise takes shape in practice? Here you’ll find links to key Swedish organizations, government agencies 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 Business Sweden Swedish Energy Agency (Energimyndigheten) Vinnova A S election of P rivate Entities ABB Comsys Energy Economics Lab Hitachi Sweden Lundin Energy Nilsson Energy NKT designs SEEL Swedish Electric Transport Laboratory Siemens Sweden Vattenfall AB Swedish Energy Companies Sweden has a lot of diverse companies within the energy sector. Discover more about them and many other companies here .