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

SWEDEN Photo: Henrik Trygg/imagebank,sweden.se Located in Northern Europe, Sweden is a thriving, innovative and globally connected society 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. Why Sweden? 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 Did you know? …that since 1901, every year, the Nobel Prize is awarded out of Sweden to ‘those who, during the preceding year, shall have conferred the greatest benefit on mankind’. Prizes are awarded in physics, chemistry, physiology or medicine, literature, economic sciences and peace (the latter awarded jointly by Sweden and Norway). …that the dynamite, three-point seatbelt, zipper, and pacemaker are all Swedish Inventions (dynamite as early as in the 1860s). …that Sweden is second (after our neighbour Finland) in regard to achieving the UN sustainability (SDG) goals. …second only to Silicon Valley, Stockholm has the largest number of tech unicorns (multi-billion dollar tech companies) per capita in the world. …that less than 1% of all waste material in Sweden ends up in landfills.

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. 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. 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. 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. 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. 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. Photo: Sofia Sabel/imagebank.sweden.se 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: 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

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