Latest news and stories

Economic activity has weakened with high inflation and rising interest rates, among other things, dampening companies’ growth expectations and profitability. The labour market, however, is still going strong with job growth remaining solid and unemployment decreasing slightly. These are some of the …

We are delighted to introduce New Zealander Marcus Scoliège who recently joined our Foreign Direct Investment (FDI) team. He has spent a large part of his international career working with trade and investment promotion, speaks four languages and has had strong ties to Gothenburg for more than two d…

With two IPOs under his belt, Johan Malmqvist was hired with the task of taking Volvo Cars' spin-off company to the Nasdaq. Barely a year later, it was done. On Midsummer's Eve last year, the company began trading its shares on the stock exchange in New York. Meet Polestar's CFO Johan Malmqvist, the…

Volvo Cars’ owner Geely and Swedish real estate company Balder have announced they will form a joint venture company to expand the Uni3 innovation campus in Gothenburg. The new company will develop, construct and manage the campus’ sixth building.

Pretzel Therapeutics is an early stage biotech company that is gaining the attention and capital of major life science investors. Founded by some of the world's leading scientific researchers in mitochondrial biology, the company launched in September 2022 with a USD 72.5 million series A financing …

SAS has announced a new route with direct flights between Gothenburg and New York, which will shorten the travel time considerably for both business and leisure travelers. The route will be launched in late-April and have three departures from Gothenburg per week. 

Two years ago, Silicon Valley firm GlobalLogic established operations in Sweden by acquiring the Assign Group in Gothenburg. Since then, the software company has grown quickly, expanding from a team of around 30 people in Gothenburg to over 100. 

Indian software giant Infosys has expanded its presence in Gothenburg, Sweden. On 5 December, the company opened a new proximity centre at Lindholmen, in the heart of Gothenburg’s technology cluster.

The automotive industry is going through a paradigm shift. There will be some winners and some losers. Key will be an ability to attract top talent and to move forward quickly, says Peter Carlsson, Northvolt’s CEO and one of Sweden’s most exciting entrepreneurs. 

Novo Energy, a joint-venture between Northvolt and Volvo Cars, has been awarded the Key to Gothenburg, for its investments in a new battery gigafactory and R&D centre in Gothenburg.

Heart Aerospace’s investment in electric planes has been described as one of the most exciting developments the European aviation industry has seen in decades. But what does the investment mean for Gothenburg?

Businesses in Gothenburg’s county, Västra Götaland, account for 34 per cent of the private research and development (R&D) expenditure in Sweden, shows new statistics from Statistics Sweden. In total, companies in the county invested SEK 44.5 billion in R&D during 2021. This was one billion more than…