The global economy is expected to grow by around 2.5 percent this year and rise to 2.7 percent next year, despite ongoing trade conflicts, geopolitical unrest and the war in the Middle East, according to a new report from Business Sweden.
BusinessOptimism among Swedish export companies is declining in the third quarter. However, according to Business Sweden, export companies still have a positive outlook.
BusinessThe US has so far been forced to repay just over $90 billion in tariffs that the US Supreme Court has declared invalid. Electrolux is one of the Swedish companies now getting money back. However, the company has new tariffs to contend with. They are already noticeable, says Ann-Sofi Jönsson at Electrolux to TT.
BusinessSwedish export companies have a brighter outlook for the future, according to Business Sweden's Export Managers' Index.
BusinessBusiness Sweden said in a press release that it is opening a new office in the Ukrainian capital Kyiv.
BusinessThe conflict in the Middle East, increased uncertainty around trade policy, and tougher global competition have made conditions for Swedish exports more demanding in 2026, according to the semi-governmental industry organization Business Sweden.
BusinessAI, semiconductors and quantum technology - China is investing in becoming a technological superpower. Now a new plan will set the direction for the world's second-largest economy. Per Portén, Trade Secretary at Business Sweden, says it is clear that China continues to focus on technological upgrading.
BusinessLuxurious environments, security and zero taxes have transformed the oil-rich countries around the Persian Gulf into financial centers in a few decades - where investors, major companies and wealthy tourists from all over the world gather. But since the United States and Israel attacked Iran last weekend, the business model is at risk from Iranian drones and missiles.
BusinessThe government is launching a new initiative called “Made with Sweden.” It is about continuing to stand up for free trade and partnership in a time of growing protectionism, according to Minister of Development Cooperation and Foreign Trade Benjamin Dousa (M).
BusinessAround 25 Swedish companies are accompanying the Swedish delegation to Belém, Brazil, where the world's countries are to agree on how to reduce emissions. At the same time, the non-profit Transparency International warns that the increasing focus on the private sector has made the climate meetings more like industry fairs.
BusinessWhile many companies are worried about tariffs on imported goods to the USA, the Swedish electric boat manufacturer Candela is establishing production there. The focus is on states that – despite the president's opposition – are investing in green support.
BusinessSwedish companies' view on export opportunities has been significantly dampened. The tariffs have primarily hit the expected demand from the USA, according to a new survey.
BusinessScania is to sell 2,000 biogas-powered buses to Lagos in Nigeria. The major order was finalized in connection with the Swedish trade office opening in Nigeria on Tuesday.
BusinessPresident Donald Trump's trade tariffs will entail a significant downturn for the global economy according to Business Sweden.
BusinessBusiness Sweden is to find possible owners and investors for bankrupt Northvolt on behalf of the government.
BusinessMedicines, vehicles, electrical equipment, and food are some sectors that are expected to be close at hand when Donald Trump plans tariffs against the EU. But it could also be a broadside with new tariffs on everything from the EU – including Swedish US exports.
BusinessThe Confederation of Swedish Enterprise's chairman Jacob Wallenberg is in South Korea despite the political chaos in the country. According to him, it is more important than ever to engage in the region. By going, one sends a positive signal, he says to TT.
BusinessIndia, the United Arab Emirates and Saudi Arabia stand out as the hottest countries for Swedish companies to invest in going forward. However, overall, there is a decreased optimism in the shadow of geopolitical tensions and protectionism.
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