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In Sweden, tech has supplanted industry

2021-05-14T18:59:59.287Z


STORY - In the country with the record number of “unicorns” per capita, steel and wood are ahead of the “e-economy”.


To anyone who remembers their geography lessons, the map of Sweden, the industrial and economic heart of Scandinavia, seemed solidly drawn.

There were the mines of the far North, with the largest iron deposit in Europe at Kiruna, and industry, the two flagship of which are the public companies LKAB and SSAB.

Without forgetting the exploitation of wood and the pulp mills which innervated the rural economy for many decades, and the large agricultural areas of the South… An eternal Sweden which corresponds less and less to the reality of 2021.

Two recent announcements have confirmed this.

The first involved the closure of the Kvarnsveden pulp mill in the center of the country, which employs 670 people.

This industrial liner, inaugurated in 1900, nevertheless had the largest and fastest newsprint machine in the world.

This did not prevent its owner, the Finn Stora Enso, from scrapping it for "

overcapacity of the

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Source: lefigaro

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