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The largest companies in Gothenburg 2023

26 June 2023
Lindholmen Science Park, a hub for mobility and technology companies in Gothenburg. Photo: Ben Kendall
Gothenburg is a key driver of Swedish growth and innovation. Some world leading companies are headquartered in the region, and our business environment is characterised by an exciting mix of large corporates and pioneering startups. In this article, we present Gothenburg’s largest companies - by number of employees in the region, turnover and market value.

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


Read more

For more facts and figures on Gothenburg, check out Explore Gothenburg, our interactive data and mapping tool, or visit the Reports and publications section of this website.

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