Stockholm Trade and Industry is based on secondary and tertiary economic activities. Heavy industries, processed food items, wood and pulp, paper, motor vehicles, and precision equipments are some of the important Stockholm industries. Among the primary economic activities, dairy farming, sugar production, and cattle farming are the main trades in Stockholm.
In Sweden maximum revenue is earned by the tertiary or services sector, which is almost 69.5% of the Gross Domestic Product of the economy. Industrial activity follows with a contribution of 29%, and agriculture accounts for around 1.5 % of the total GDP.
Stockholm Manufacturing Industries
Manufacturing industries form the backbone of the business in Stockholm. The important industries in this sector include:
- Avesta Polarit - This steel manufacturing giant has a manufacturing facility in Sweden
- Ovako Steel - This major steel producer in Sweden is over 300 years old and achieved a sales figure of Euro 1.4 billion during 2006
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- Sandvik - This giant manufacturing steel industry was established in 1862 by Goran Fredrick Goransson. Its current sales is worth Swedish Krone 72 billion
- Volvo - Volvo is a world leader in the manufacture of motor vehicles, construction equipments, and aircraft engines headquartered in Sweden
Stockholm Primary Industries
The primary industries of Stockholm based on agriculture include paper, wood, and dairy products. Some of these industries are:
- Metsa Tissue is a major Swedish paper manufacturer
- IKEA Stockholm is a word renowned manufacturer of veneer and wooden furniture
- Stockholm Lumber Company established in 1900-01 is a reputed wood trading company
- Bregott AB - This Stockholm based dairy product trader deals in all milk products including butter.
Stockholm Trade and Industry has been able to attract global investors to this developed economy.
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