Known for its coastal islands, forests and mountains, Sweden is an ideal country to move for work. According to Trading Economics, the country has managed to maintain an average unemployment rate of 5.86 percent, which is among the lowest of all European Union nations. The Swedish labor market is dominated by the services sector, followed by manufacturing and agriculture. Before you prepare your CV and immigration documents to move to Sweden, here are the top 10 employers in Sweden.
Headquartered in Stockholm, Securitas provides business and individual protection services in Sweden, other parts of Europe and North America. It has engaged the services of 277,438 employees, many who serve as security guards. The company has a market value of $5.5 billion.
If you have an engineering or telecommunications background, then Ericsson could be the perfect employer for you. Headquartered in Stockholm, the company develops telecommunication equipment and devices for telecommunication service providers. Ericsson has a workforce of 118,055 workers and a market value of $42.1 billion.
Hennes & Maurtiz, abbreviated as H&M, is a Stockholm-based company that operates in the apparel and footwear industry. It produces clothing, cosmetics and other fashion accessories for women, men, teens and children. Valued at $67.8 billion, H&M has a staff of 93,251 employees.
4. Volvo Group
The Swedish automotive industry is represented by Volvo Group, a Goteborg-based company that manufactures, markets and sells buses, trucks, cars and other types of commercial vehicles. It also manufactures constriction equipment and provides business support services to clients. At Volvo, you will join a staff of 92,822 dedicated workers. The company has a market value of $25.2 billion.
5. Electrolux Group
Operating from Stockholm, Electrolux Group manufactures and markets household and professional appliances such as fridges, washing machines and printers. It is widely regarded as the second-largest manufacturer of such goods worldwide, behind Whirlpool Corporation. Electrolux has a market value of $9.1 billion and an employee population of 59,481.
With a workforce of 57,866 employees and a market value of $9.7 billion, Skanska should be your top target if you aspire to work in the construction industry. The company engages in the development of commercial, residential and industrial buildings or structures. It is headquartered in Stockholm.
Although it operates in the Swedish automotive industry, Autoliv does not manufacture vehicles. Instead, it focuses on providing manufacturers with automotive safety products and systems such as steering wheels and airbags. The company has 50,800 employees and a market value of $10.6 billion.
8. SKF Group
SKF Group operates several manufacturing plants in Sweden. It is widely known for manufacturing and supplying bearing, lubrication systems and seals for aerospace, marine and mining machinery and equipment. SKF Group has a workforce of 48,593 employees and a market value of $12 billion.
Headquartered in Stockholm, Sandvik has interests in the mining, machining, and construction and material technology industries. It manufactures and sells the tools, equipment and machines that are used in these industries. The company has 47,318 employees and a market value of $13.9 billion.
10. Atlas Copco
Atlas Copco also manufactures construction and mining tools and equipment, assembly systems and compressors. It has its corporate headquarters and enjoys the services of 44,056 employees. The market value of the company is $39.5 billion.
There you have the 10 biggest employers in Sweden. Other top employers you may want to give a try include Nordea Bank, SEB, Investor AB and Tealiasonera.
Do you work in Sweden, or have you worked there before? Is the labor market welcoming to foreigners? Please share your experience or views with us in the comments section below.