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The economic history of Sweden, since the Iron Age, has been characterized by extensive foreign trade based on a small number of export and import commodities, often derived from the widely available raw materials iron ore and wood. An industrial expansion in the latter half of the 19th century transformed the society on many levels.
By the late 19th century, Sweden saw the rise of major industries and companies. Steel production became increasingly important as new technologies like the Bessemer process were introduced, allowing Sweden to refine its iron ore into high-quality steel, which became a key export. Companies like SKF, a leading producer of ball bearings, and ...
Today, Sweden further develops engineering, mine, steel, and pulp industries, which are competitive internationally, as evidenced by companies such as Ericsson, ASEA/ABB, SKF, Alfa Laval, AGA, and Dyno Nobel. [26] Sweden is a competitive open mixed economy. The vast majority of Swedish enterprises are privately owned and market-oriented.
The history of Sweden can be traced back to the melting of the Northern Polar Ice Caps.From as early as 12000 BC, humans have inhabited this area. Throughout the Stone Age, between 8000 BC and 6000 BC, early inhabitants used stone-crafting methods to make tools and weapons for hunting, gathering and fishing as means of survival. [1]
Swedish culture is an offshoot of the Norse culture which dominated southern Scandinavia in prehistory.Sweden was the last of the Scandinavian countries to be Christianised, with pagan resistance apparently strongest in Svealand, where Uppsala was an old and important ritual site as evidenced by the tales of Uppsala temple.
Sweden's earliest mining company was Stora Kopparberg, which operated on the copper Falun Mine, [5] the most famous mine in Sweden. [6] It was the source of the pigment falu red that painted castles, churches and cottages still seen throughout Sweden. [7] Income from the Falun mine funded almost all of Sweden's wars throughout its history ...
Companies of Sweden by industry (28 C) + ... Industrial history of Sweden (2 C, 8 P) M. ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
The automotive industry and its sub-contractors is a major part of Swedish industry. In 2011 around 110,000 people were employed and the export income of 150 billion SEK accounted for 12 per cent of Sweden's export income. [1] During 2009 128,738 passenger cars and 27,698 heavy vehicles were built in Sweden. [2]