Germany, an open economic super power with a large global footprint, is one of Sweden’s most important business partners. The strong Swedish business relationship with Germany goes back for centuries, and Germany is fundamental to Swedish companies’ global success, even beyond the bilateral business relationship.
- We observe untapped opportunities for increased trade with Germany, in the service sector particularly, but also in retail trade as well as strengthened cooperation in research and innovation. There is also great potential for German investments in Sweden, says, Anna Nordström, Trade Commissioner in Germany.
Business Sweden’s report “Accelerated business with Germany – unlock your full potential” sets out the Germany economy of today and the changes it is undergoing, explores common challenges for Swedish companies in Germany and identifies strategic levers for executives to consider when growing their business with Germany.
- Sweden relies on its relationship with Germany to ensure future competiveness and thus prosperity. Besides engaging in business, Sweden also needs to cooperate with German counterparts in R&D activities to make sure it retains its competitive edge in innovation, says Ylva Berg, CEO at Business Sweden.