The largest companies in Gothenburg 2023
Companies with the most employees
The majority of the largest companies in the Gothenburg region engage in research and development at a world-leading level. Volvo Cars, with its development, production and head office in Gothenburg, is the single largest employer in the private sector in the region.
The Volvo Group is also headquartered in Gothenburg and has several business areas here, including Volvo Trucks, Volvo Buses, Volvo Technology and Volvo Construction Equipment. In total, it employs over 12,500 people in the Gothenburg region.
Other major employers in Gothenburg include Chalmers University of Technology; pharma company AstraZeneca, which has one of it's three globally strategic R&D centres in the city; bearings giant SKF; and leading telecoms firm Ericsson.
Companies with the highest turnover
The list of the companies headquartered in Gothenburg reporting the highest turnover is topped by the Volvo Group and Volvo Cars, which also are the two companies with the highest turnover in Sweden. SKF had the third highest turnover in the Gothenburg region, followed by the Stena Sphere and Carl Bennet.
Companies with the highest market value
Of the companies headquartered in the Gothenburg region, the Volvo Group has the highest market value followed by the investment company Latour, Volvo Cars, SKF and medtech company Getinge. Property companies Balder, Castellum and Wallenstam also made the top 10 list as did life science company Vitrolife and digital infrastructure provider Hexatronic Group.
# The tables above plus many more facts and statistics on Gothenburg's business environment can be found in our publication Facts & Figures 2023/24.
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