Opportunities in Sweden

Business infrastructure and services

Sweden is a leading industrial nation with a long history within traditional industry. Over the past decade a trend towards the “servicification” of industry has become key to support and develop the traditional sectors. The development of the service sector is seen in both industrial support services as well as in new service companies that meet the demands of a mature market in a competence driven economy. Services account for 70 percent of the GDP and employment in most EU member states. In Sweden, services account for 80 percent of employment, mostly in knowledge intensive sectors. Sweden has established its strength and resiliency when faced with European and world economic setbacks. With an EU directive to establish a common market for services, Sweden is the ideal gateway into the Nordics and Europe.

 

Energy and Environment

sweden1Sweden is a global leader in Renewable Energy, Environmental Technology and Cleantech. The country fully embraces green technologies and this area has a major business potential. Several hundred biogas plants provide electricity, heat and fuel to Swedish cities, and district heating and cooling systems reach large shares of the population. The goal is to reach a 50 percent share of renewable energy by 2020. Sweden is among the world leaders within bio energy use and technology. There is a full value chain coverage from raw material handling and processing to an optimized end product mix. Moreover swedish research in photovoltaic technology is outstanding. In hybrid solar technology Swedish research and technologies are leading. Several multinational companies are using and further developing Swedish research findings. Sweden is also a hotspot for wind farm construction and by 2020, a 20-fold increase is projected. The targeted wind power output is 30 TWh from 5,000 new wind turbines representing an investment volume of some EUR 15 billion.

 

Health Care and Life Science
Sweden is the home of one of Europe’s largest and most dynamic life science industries with world-class companies, internationally acclaimed science, and a proud track record of investment in tomorrow’s innovations. As a global leader in the field of Life Sciences, Sweden hosts regional clusters with different expertise, providing business opportunities in an environment dedicated to medical innovation, drug discovery and pharmaceutical commercialization. Sweden’s success rests on an unswerving commitment to excellence in R&D and drug discovery. The per capita spending on life science research is the highest in Europe. Swedish universities have special knowledge and skills in areas ranging from cancer and diabetes research to medical devices and stem cell therapies. Specialist fields include drug discovery in infections and metabolic diseases, immunology and neuroscience, as well as advanced tools for diagnostics and bio production. Sweden is renowned for its high-quality clinical trials and biobanks.

 

ICT

Not only does Swedesweden2n offer a dynamic business environment for developing information and communication technologies, it is also a world leader in converting technology into commercially viable products and applications. Decades of experience within the areas of telecoms, wireless, electronics, computer game development and web applications/design, make Sweden an ideal place for ICT related R&D. Ericsson, Google, Apple, ARM, Electronic Arts, Huawei, IBM, Intel, Qualcomm, RIM, Skype and Sony as well as many others are in Sweden to develop their technologies. Many other companies are following in their footsteps as Sweden offers innovation and multiple investment opportunities in telecom, web, industrial IT, computer games, ecommerce, imaging and e-Health. Clusters for ICT development are found throughout the country. Highly skilled engineers, the presence of the world’s leading technology companies, demanding corporate clients and strong technology adoption position Sweden favorably with regard to development work and early commercialization of new products and services.

 

Thinking of doing business in Sweden?

During last years Sweden has developed a highly competitive capitalist economy with a system known as the Nordic Model. International investors are attracted to the country’s stability and high tech economy, particularly during global economic crisis of 2008. Since early 90s Sweden’s economy has grown to become the fourth most competitive in the world with strong GDP growth prospects and low inflation. In 2010 Swedish economy expanded by 5.5% last year, making it the fastest growing economy in Western Europe. Moreover Sweden is one of the few countries to increase its workforce during the financial crisis, adding 100,000 people. Sweden’s unadjusted jobless rate was 8.2% in January, as the number of unemployed workers fell by 44,000 year-over-year to 408,000. Perhaps even more impressive is that the World Economic Forum ranks Sweden second in the world in global competiveness – ahead of the United States and Singapore, and behind only Switzerland. Or the fact that Sweden benefits from the world’s most transparent and efficient public institutions and low levels of corruption acording to 2010-2011 Global Competitiveness report.

 
manoStarting business in Sweden is fast and easy. The country has an international business environment that is modern, open and business-friendly. Skilled professionals, smooth business procedures and receptivity to international partnerships make it an easy country to operate in. Information is readily available, open and transparent. To start a company in Sweden is quick and straightforward. Information about the process and necessary forms are readily available online and in English. Furthermore Sweden is one of the most competitive locations for corporate taxation in Europe. This is confirmed in comparative surveys and in analysis by international tax consultants. Besides offering an attractive package, Sweden’s corporate tax system is transparent, enables easy access to information and the national tax authority is efficient and service-minded.

 
puzleSweden’s science infrastructure is world-class. High investment in higher education and basic research has propelled Sweden to a prime position among European economies in terms of university enrollment, workforce skills and R&D. Sweden also hosts an excellent infrastructure. It matches or outperforms that of any other European country. Extensive public investment ensures a nationwide network of roads, railroads, waterways, harbors and airports. The challenging exposure to hot summers as well as arctic winters have contributed to high quality and reliability in building and construction, transportation and communications, and also to the competitiveness of Swedish companies in the international market for infrastructure projects.

 
Exports have been a terrific boon for the Swedish economy as well. Swedish exports climbed 21% in December from a year earlier, as the nation posted a trade surplus every month last year except August. The country aims to double exports to about $310 billion by 2015.

Chile – Opportunities

Chile is considered to be a country with a huge variety of sectors offering profitable opportunities for investments. Chile’s location, geography and natural resources provide a great number of competitive advantages in many industries and sectors such as Mining, Energy, Infrastructure, food sector and IT among others.

 

Agribusiness

Chile 1In 2012 agribusiness exports in Chile reached almost 14 million dolars, with foods accounting for more than 17% of the country’s total exports. Chile contains one of the best world region with a Mediterranean climate, offering excellent conditions for fruit growing. Moreover,, the country’s length and diversity of climates provide opportunity for year-round growth of fruits and vegetables. Chile is the world’s leading exporter of grapes, plums and blueberries and among the three leading exporters of avocadoes, kiwis, raspberries and apples. A coastline that stretches for more than 4,300 km offers also a variety of conditions for aquaculture, including Chile’s salmon of which it is the world’s second largest producer. Chilean products are present in markets around the world and for example each day 16.9 million people drink a glass of Chilean wine.

 

Energy

Chile has an installed capacity of 17.6 GW. In 2012, gross electricity generation in the SIC and SING (two main transmission systems) reached a total of 65,547 GWh, up by 5.8% on 2011.

In 2012, hydroelectricity (excluding mini-plants of less than 20 MW) accounted for 29.3% of generation, gas for 19%, coal for 41%, diesel for 5.9% and alternative renewable energies for 4.8%. As a result, 65.9% of the country’s electricity was generated from fossil fuels. The country’s projected economic growth implies increased demand for electricity which is forecast to rise by around 5% a year through to 2020, creating opportunities for investment in generation and transmission. Chile is aiming to diversify its sources of energy supply in the medium to long-term and a number of attractive financial incentives are being introduced for geothermal, wind and solar projects.

 

Infrastructure

Over the past thirty years, Chile has achieved an important leap forward in connectivity. This is largely the result of public efforts accompanied by the private sector’s participation through the Concessions System created in 1991. Chile’s Concessions System has become a reference internationally, offering 71 tenders of which 66 have already been awarded. The concession company builds and operates the infrastructure. The portfolio of projects for the period 2012-2014 envisages tenders for contracts worth a total of 7.7 billion dolares, including the creation of higher standard roads, hospitals, and airports.

 

Mining

Chile 2Thanks to abundant copper resources, progressive legislation and a healthy investment environment, Chile has become the copper mining capital of the world, producing over a third of global output (Chile accounts for 28% of global copper reserves).  Out of 15 leading mining engineering offices in the world, 11 have a subsidiary in Chile. Besides its strength in Copper, Chile is also the world’s largest producer of lithium and rhenium, third in molybdenum, fifth in silver and 15th in gold. Chile has 4,000 mining suppliers who include world-class companies. Projected investment in mining projects in Chile planned for the next eight years amount to of US$ 104 billion. More than 13 billion dolars are spent every year on supplies for the operation of the mining industry in Chile, 40% of all Latin American spending in this area.

Thinking of doing business in Chile?

Business_presentation_byVectorOpenStockChile is a unique country in the South America: stable economically, politically and socially, with excellent credit ratings, famously low levels of corruption and very little violent crime, there is no other country like Chile on the whole continent. In Transparency International’s 2011 Corruption Perceptions Index, Chile obtained a score of 7.2 points, ranking among the 25 best placed economies. Chile as a country attracts both individuals and large scale investors looking for a solid base to generate attractive returns and place to expand to other countries in this region. Chile’s transparent legal system, stable and growing economy and spectacular scenery make it fantastic destination for every type of investors. Chile is considered as the best-evaluated economy in Latin America and one of the best evaluated among emerging economies in the whole world. Its persistent economic growth and social progress have been highlighted by different international organizations and in 2010 it became the first South American country which joins the OECD. From 2004 to 2011, Chile’s GDP grew at an average annual rate of 4.8%, according to the Central Bank of Chile. Experts agreed that If this trend is maintained, Chile will have South America’s second highest per capita income by 2016.

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Mexico – opportunities

Aerospace

Mexico has consolidated its posflickr-5617344444-hdition as a global leader in the aerospace sector. The country’s exports 5.04 billion dollars in this sector in 2012, and recorded an annual average growth between 2006 and 2012 that exceeded 16%. In 2012, 270 aerospace companies were registered in Mexico, most of which have NADCAP and AS9100 certifications. These companies and support entities are located mainly in six states and, according to estimates by the Ministry of Economy, employ more than 32 thousand high-level professionals. In 2012 were announced more than 1.3 billion dollars in investment projects for the aerospace industry, according to estimates by the Ministry of Economy. Furthermore Mexico is one of the few countries with a Bilateral Aviation Safety Agreement (BASA) and with Federal Aviation Administration (FAA). Companies in Mexico have certified their processes to comply with industry standards such as ISO-9001, AS9100 and NADCAP.

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Thinking of doing business in Mexico?

multi-level-marketing-opportunitiesWith its growing GDP, a higher level of foreign direct investment than any other Latin country, and a current political climate that is more pluralistic and open to investment than any other of the last seven decades, investing in Mexico today offers high rewards with limited risk. Mexico is the 14th largest economy in the world and second in Latin America. By 2050, Goldman Sachs has tipped Mexico to become the 5th largest economy in the world, above countries like the UK.

 

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Poland – opportunities

Aerospace Sector

SOFIA_in_airPoland has over 100-year history of aviation and a long tradition of aviation industry for more than 80 years. Strong academic, scientific, and engineering centers are ones of key factors to the development of this sector. Increased international business cooperation in Poland and direct foreign investments contributed to its further development. There are over 120 aviation and aviation-related companies with annual sales of 800 million euro, and over 23 thousand employees in total operating in Poland in this sector. The majority of these are companies with foreign capital. Nowadays, Polish aviation industry has a rich export offer of advanced aviation products. Almost every passenger aircraft in the world is equipped with at least one part produced in Poland. 90% of aviation production is exported to: Indonesia, USA, Venezuela, Italy, Canada, Greece, , South Korea, Spain, Germany and Vietnam. The competitive edge of Polish aviation companies lies in the high quality of products and competitive labor costs. Polish network of production and service companies supported by R&D centers creates potential for cooperation and orders for aviation spare parts and final products.

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Thinking of doing business in Poland?

SuccessChartIn times of global economic crisis Poland has strengthened its position, not only in the Central and Eastern part of the continent but also in all Europe. Nowadays Poland is one of the most interesting locations for international investments. Foreign reports emphasize the political and economic stability of this country, well-educated employees and impressive domestic market.  Poland has 38-million consumer market which is one of the biggest in Europe. It´s advantageous location, in the center of Europe, is where the main communication routs intersect.  Consequently it is easier to export goods to all European countries and reach over 500 million consumers. Among others Poland’s major trade partners are: Germany, Russia, China, France, Italy, UK, Ukraine, Hungary, and Spain.

 

The FDI which Poland attracted in 2011 reached 13.567 billion euros. This presents a 30% increase over the previous year. The number of new investment plans is constantly growing, especially in the R&D, automotive, chemical sectors and electronic. The investments are becoming more oriented towards intellectual potential of employees. This is confirmed by a second place of Cracow in the ranking of the most attractive location for emerging markets. Polish law is rather profitable for international entrepreneurs. The government offers investors various forms of help such as: possibility to benefit from the EU structural funds, CIT tax at the level of 19% and investment incentives in 14 Special Economic Zones (for example: real estate tax exemption, income tax exemption and competitive land prices), several industrial and technology parks, brownfield and greenfield locations. Continue reading

Belgium – opportunities

Aerospace

Lift_BigelowStation2Belgian industry plays a prominent role in the aerospace sector. Many aircraft and spacecraft are being producted in Belgium including Airbus and Boeing planes, Falcon 7X jet aircraft, F-16, Rafale and the Ariane 4 and 5 launch systems and SPOT earth observation satellites. A lot of major aerospace related companies operate in Belgium inter alia: Sonaca, Newtec, Alcatel ETCA, Verhaert Space, SABCA, Spacebel, Tracys and Techspace Aero. Belgium is also home to some key professional aerospace associations, whose goals include: involving their members in international R&D programs; efficiently monitoring technological advances; taking part in European technological innovation programs and helping to match scientists’ supply of technology to the industry’s demand.

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Thinking of doing business in Belgium?

business-316906_640Belgium is located in the center of Western Europe security and political institutions, with the central of both North Atlantic Treaty Organization (NATO) and the European Commission (EC) located in the country’s capital, Brussels. Belgium economy is mainly export-driven, with Belgian firms taking advantage of economic integration in European Union. Since joining the EU at the very beginning of its existence, Belgium has been leading in initiatives taken towards European integration. These initiatives are a reflection of its own federal and multi-lingual heritage (the Kingdom of Belgium has three official languages: Dutch, French, and German). Therefore Belgium provides profitable climate for external entrepreneurs, with federal and regional governments encouraging foreign investment. The country had FDI stock of $1.01 trillion as of 2012, according to UNCTAD* and almost 30% of the top 3,000 companies operating in the country are of foreign origin. Further, according to the Index of Economic Freedom 2013, Belgium’s economic freedom score is 69.2, which makes it the 40th freest economy in the world.

Infrastructure

Belgium possesses one of the best infrastructure networks in Europe. As it is located in the center of the continent, the country is known as the natural gateway to Europe. Belgium also possesses high density telecommunications and transportation infrastructure. Moreover Belgium ranked seventh among 155 countries in the World Bank’s Logistics Performance Index in 2012 (it was ahead of major economies such as the US and France). Most of the main European highways cross Belgium, and it have the densest network of railways in the continent. Belgium has very well-developed water transport facilities, with the port of Antwerp (the second largest seaport in Europe), Zeebrugge, Ghent, and the inland ports of Liege and Brussels. Additionally, the ports are fully integrated with the road and rail networks, which provide effective multi-modal transport. The air connectivity of Belgium is also among the best, with the country having the fifth largest cargo airport in Europe and the fastest air cargo handling and distribution center in the European Union.

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