1 The region of sustainable growth FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION 2010
2 THIS IS WHAT WE DO Business Region Göteborg s Establishment and Relocation Service is a one-stop shop for businesses. Our service is free of charge and confidential. We handle everything from formation of companies and searching for the right offices to questions concerning housing and international schools. To succeed in our goal of facilitating matters for both start-up companies and existing companies, we have created a toolbox. The toolbox consists of databases, networks and access to expertise. Here are the most important components of the toolbox: Database for available land and premises Business Region Göteborg s database MALO shows available land and premises for either purchase or rental in the Göteborg Region. MALO is accessible via our website: We have a wellestablished relation with real estate companies and landlords in the Göteborg Region. This enables us to help companies that wish to find an office or land appropriate for their business. RECRUITMENT AND STAFFING CONSULTANTS Our contacts are well established with the Swedish Public Employment Office in Göteborg. The office is a state-run, non-profit organization, offering recruitment expertise that is branch specific. They can assist a foreign employer by assessing recruitment prospects, by publishing vacancies on Sweden s largest job websites, as well as by providing suggestions regarding suitable job candidates. INTERNATIONAL SCHOOLS The Göteborg Region has several international preschools, elementary schools and high schools serving the international community. With education being a major factor for those moving with families, we value our relationships with the international schools in facilitating your establishment and relocation process. REAL ESTATE/HOME BROKERS A long-standing and integrated network of real estate and home brokers eases the process of finding accommodations. We value this network highly, recognizing that housing issues go handin-hand with finding office space or land. QUALIFIED ADVISORS Our extensive network of local government representatives and qualified advisors, such as accountants, tax auditors, lawyers and business developers, also eases setting up a business here. Furthermore, we can assist you with concerns or questions relating to multi-cultural/diversity issues, infrastructure, regional cooperation, international trade, trade and industry development in general, as well as city planning. Please contact us and let us help make your establishment and relocation process a successful one!
3 DEFINITIONS 5 DISCLAIMER 5 REGIONAL MAP 14 LEGEND: Municipality codes 60 LEGEND: The Göteborg Region member municipalities 61 CONTENTS Countries 15 Australia 15 Austria 15 Bahamas 15 Belgium 15 Bermuda 16 Brazil 16 Canada 16 Cayman Islands 16 China 16 Cyprus 16 Denmark Estonia 21 Finland France Germany Gibraltar 29 Hong Kong 29 Iceland 29 India 30 Ireland 30 Isle of Man 30 Israel 30 Italy 30 Jamaica 30 Japan 32 Jersey 32 Kuwait 32 Latvia 32 Liechtenstein 32 Lithuania 32 Luxembourg Malaysia 35 Malta 35 Netherlands Norway Panama 46 Poland 46 Russia 46 Saudi Arabia 46 Serbia and Montenegro 46 Shared 48 Singapore 48 South Africa 48 South Korea 48 Spain 48 Switzerland UK United Arab Emirate 54 US Virgin Islands, British 58
4 FOREIGN-OWNED COMPANIES THE GÖTEBORG REGION More than 50 % of Scandinavia s total industrial capacity is located within a 300-kilometer radius of Göteborg. HELSINKI OSLO STOCKHOLM TALLINN GÖTEBORG RIGA COPENHAGEN VILNIUS MALMÖ GDANSK HAMBURG AMSTERDAM BERLIN WARSAW 4 BRUSSELS
5 FOREIGN-OWNED COMPANIES FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION 10 This report is based on statistics from Statistics Sweden (Statistiska Centralbyrån, SCB) and input from the 13 municipalities in the Göteborg Region. The 13 municipalities are: 1. Ale 2. Alingsås 3. Göteborg 4. Härryda 5. Kungsbacka 6. Kungälv 7. Lerum 8. Lilla Edet 9. Mölndal 10. Partille 11. Stenungsund 12. Tjörn 13. Öckerö DEFINITIONS FOREIGN-OWNED A company is defined as foreign-owned in this context if more than half of the company s voting rights are controlled by a foreign-owner. If the company belongs to a company group where the parent company of this group is foreign-owned, this company is also considered foreign-owned. If the company has several owners, it is the highest ranked owner in the company s hierarchy (meaning the parent company, which in turn does not control more than 50 % of the voting rights in any other company) that determines the nationality of the company. ACQUISITION A company buy-out of another company. JOINT VENTURE A business project where two or more companies join together, often forming a new joint company, to manage a project. NEW ESTABLISHMENT A company is considered a new establishment when activities are either newly started or when activities are re-started after having been inactive for at least two years. A change in either company ownership or legal form does not qualify as a new establishment. DISCLAIMER Statistics concerning foreign-ownership are volatile. This document should therefore be used as a reference or guide with the understanding that not all company changes can be reflected. Moreover, the branch sector codes applied in this context are representative of the activities in a company s regional office and/or its largest operation in the Göteborg Region, and thus are not always representative of the activities of the company group as a whole. The number of foreign-owned companies with a head office in the Göteborg Region is nearly 1,600. The number has grown rapidly over the years. A head office is defined here as constituting the registered office of the company from which activities are organized. This includes Scandinavian, Nordic and general head offices. MERGER The union or joining together of two or more companies. 5
6 FOREIGN-OWNED COMPANIES DIAGRAM 1: NUMBER OF FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION Companies Facts and figures concerning Foreign-owned companies in the Göteborg Region. As shown in Diagram 1, today there are almost 2,300 foreign-owned companies in the Göteborg Region and the number continues to grow. Today we have 50 countries represented here. Countries which, during the last year, have entered the Göteborg Region by establishing or acquiring companies here are: the Bahamas, Estonia, the Isle of Man, Jamaica, Lithuania, Malaysia and the United Arabs Emirates Source: Sweden Statistics 2010 TABLE 1: GROWTH AND DEVELOPMENT OVER THE LAST 20 YEARS FOR FOREIGN-OWNED COMPANIES IN TERMS OF BOTH NUMBERS, LOCATIONS AND EMPLOYEES. YEAR COMPANIES LOCATIONS EMPLOYEES Source: Sweden Statistics
7 REASONS WHY MORE AND MORE FOREIGN-OWNED COMPANIES ARE CHOOSING TO ESTABLISH THEIR BUSINESSES IN THE GÖTEBORG REGION IN THE GÖTEBORG REGION THERE ARE: Many cutting-edge companies High class research & development Well-developed IT infrastructure THE GÖTEBORG REGION HAS: A unique location at the center of Scandinavia Extremely good logistical conditions High productivity and innovation pace THE GÖTEBORG REGION OFFERS: High quality of life An open business climate with trade traditions Access to great expertise FOREIGN-OWNED COMPANIES Vilant Systems chose Gothenburg as the location for establishing an office, because here you find the majority of Sweden s most important industries Vilant Systems potential customers. With Gothenburg as the starting point, both Norway and the south of Sweden are very accessible. With an office in Gothenburg, Vilant Systems is at the center of Scandinavia and able to access the attractive industries in the Oslo region as well as the Helsingborg region. The fact that Landvetter Airport has a direct flight to Helsinki, Finland, is also very important. Mr Ville Lukkari, Manager of the Finnish-owned company Vilant Systems, supplier of supply systems, June When the Glasdon Group Ltd. decided to establish a new sales office in Sweden, it was important to us to find a location which offered potential not only to expand into Sweden but also into the rest of Scandinavia in the near future. Gothenburg, being at the crossroad between Norway, Denmark and Sweden, was definitely ideal. Then, when we visited the area and met with Business Region Göteborg AB, we were confirmed in our conviction that Gothenburg was the right place for us. It offers good transportation connections with two airports and a good road and public transport network. Moreover, there are many very attractive premises for establishing new businesses and the financial life is buoyant. There are also many development projects in the area and a lot of blue-chip companies that represent many potential customers for us. Last but not least, the friendly, outgoing and dynamic attitude of the people in Gothenburg, along with their sense of humor, has done a lot to attract us. Mr David Riéra, Sales Office Manager at the British-owned company Glasdon Group, September Gothenburg is a good location from which to expand. Volvo, SKF and Saab are all close by. They have major IT requirements and we believe that we can develop the market here. Gothenburg is also close to Oslo and Copenhagen. The downside is that it is far from Stockholm, but our reasoning is that it is better to be close to three countries than to one. We have had a wonderful reception from Business Region Göteborg. The people there have welcomed us with open arms. It is good to find an organization which is genuinely interested in helping us, following up on our progress and making sure that everything is still going well. Mrs Cristiana Wall, Vice President of European Operations of Chinese-owned Wicresoft, February We first believed as many other Norwegian companies that we could establish our company in Gothenburg without assistance, but we soon understood that this was not the case. We contacted Business Region Göteborg, who have been a great support to us in our establishing process. They have helped us with all the administrative routines and legal frameworks, and we have been invited to Business Region Göteborg s well-developed networks. Other cities should follow Business Region Göteborg s example when it comes to assisting foreign-owned companies into the region. Rune Neteland, CEO of Norwegian-owned Emisoft, April
8 FOREIGN-OWNED COMPANIES DIAGRAM 2: NUMBER OF PEOPLE EMPLOYED BY FOREIGN-OWNED COMPANIES Source: Sweden Statistics 2010 Employees The Göteborg Region s trade and commerce is international and has been influenced by the world s globalization in a positive way. This can be reflected in the growing number and development of foreign-owned companies that have contributed to the regional economic growth. TABLE 1 shows that the number of people employed by foreign-owned companies has increased by a remarkable amount over a long period of time. However, there was a decrease at the beginning of the 1990s and a decrease by 3,000 people occured in Now the number of employees has started to increase again. During the last 10 years, the foreign-owned companies in the region have increased by 84 %. In 2000, the region had around 1,200 foreign-owned companies and less than ten years later, the total is almost 2,300. In the last five years, the number of foreign-owned companies has increased by 5 6 % each year. This is indeed a very positive trend. The number of people employed by foreign-owned companies has increased from around 53,500 to almost 74,400 over a ten-year period. This is equal to a nearly 40 % increase. This is shown in DIAGRAM 2. To put it in a wider perspective, about every fifth employee in the Göteborg Region works at a foreign-owned company. In addition, the number of foreign-owned companies that chose to locate a head office function in the region has increased and almost 1,600 of the region s foreignowned companies now have either a regional, national or European head office located in the Göteborg Region. That is an increase since the last report when 1,400 companies had regional head offices here. DIAGRAM 3: FOREIGN-OWNED COMPANIES STRUCTURE Looking at types of company structures, the Göteborg Region does not differ from Sweden on a national level. As shown in DIAGRAM 3, 46 % of the foreign-owned companies in the Göteborg Region established their operations here through acquisitions. For Sweden on the whole, the number is 44 %. Furthermore, 42% of the foreign-owned companies in the Göteborg Region established their new companies through a new establishment, such as a branch or an AB (aktiebolag or corporation). The number on a national level is 45 %. This is a change from previous years when the Göteborg Region differed from Sweden on the whole by having a majority of foreign-owned companies entering the region through acquisitions. The number of acquistions has decreased in the Göteborg Region while the number of new establishment has increased. Purchase/Acquisitions 46 % Fusion/Merger 2 % Joint Venture 1 % Fission 0 % New Establishments 42 % Unknown 9 % Other 1 % 8 Source: Sweden Statistics 2010
9 FOREIGN-OWNED COMPANIES TABLE 2: THE TOP 10 COUNTRIES REPRESENTED IN THE GÖTEBORG REGION RANK COUNTRY NUMBER OF COMPANIES 2009 NUMBER OF COMPANIES 2008 NUMBER OF COMPANIES 2006 NUMBER OF COMPANIES (1) NORWAY (2) GERMANY (5) UNITED KINGDOM (4) USA (3) DENMARK (6) NETHERLANDS (8) LUXEMBOURG (9) FRANCE (7) FINLAND (10) SWITZERLAND Source: Sweden Statistics 2010 TABLE 2 shows the top 10 countries represented in the Göteborg Region. For several years, Norway has been the country with the most companies in the region. Considering the favorable exchange rate, similarities in language and Norway s proximity to Sweden in general and the west of Sweden in particular, it is no surprise to find Norway at the top of this list. Since 2006 the Norwegian presence has increased by approximately 50 companies each year. This is equal to a 13 % increase between 2008 and Today we have a total of 441 Norwegian companies. Many of the new Norwegian companies are in either retail and wholesale trade, or construction and real estate. Germany is also a country that has always placed near the top. In 2004, Germany even headed the list, but since then the number of German companies in the region has stagnated. Norway has taken over the leading position by far. Germany has stayed at the same level as it was back in 2004 and is now represented in the region by 250 companies. Despite a small decrease in the number of German companies represented in the Göteborg Region, Germany places second on the list with many companies working in sectors such as retail and wholesale trade and construction and real estate. The automotive sector is also significant. This year, the UK ranked number three as a result of switching places with Denmark which is now number five on this list. Events such as the Think Britain festival arranged in June 2010 clearly pointed out that the UK has great interest in the Göteborg Region. The UK is not an unfamiliar country to the region. Trade across the North Sea has been of vast importance in the growth of the port of Göteborg for nearly three hundred years. The influence of this trade on commerce and social life in Göteborg is reflected in the city sometimes being called Little London. Most of the 228 British companies represented in the region work within retail and wholesale trade or management consulting and marketing. The US has had approximately 220 companies for several years. This year there are 223 companies from the US in the region, so the level is almost constant. A majority of the American companies in the Göteborg Region are working in retail and wholesale trade. Several companies are to be found in the information and communications, IT and electronics sectors. In spite of being one of our neighbours, Denmark, after having had an increasing number of companies here, is now back to the level of the year Denmark is therefore now fifth instead of third on this list. About half of the 205 Danish companies work in retail and wholesale trade. The transport and logistics sector is also a significant sector for Danish companies in the area. 9
10 FOREIGN-OWNED COMPANIES TABLE 3: NUMBER OF EMPLOYMENT LOCATIONS COMPARED TO NUMBER OF COMPANIES TOP 10 COUNTRIES IN THE GÖTEBORG REGION RANK COUNTRY NUMBER OF COMPANIES 2009 NUMBER OF EMPLOYMENT LOCATIONS 2009 NUMBER OF COMPANIES 2008 NUMBER OF EMPLOYMENT LOCATIONS NORWAY GERMANY UNITED KINGDOM USA DENMARK NETHERLANDS LUXEMBOURG FRANCE FINLAND SWITZERLAND Source: Sweden Statistics 2010 Several of the foreign-owned companies in the region have more than one office, warehouse or plant. There are therefore more foreign-owned employment locations than foreign-owned companies. TABLE 3 lists both the number of companies and the number of employment locations for the 10 top countries in the Göteborg Region. Most of the top 10 countries have increased both the number of companies and the number of employment locations between 2008 and The most important exceptions are Germany and Denmark. Note that the ranking concerning number of employment locations is not identical with the ranking of number of companies. The countries with most employment locations are: Norway, the UK, Germany, Denmark and the US in that order. Photo: Jonatan Fernström 10
11 FOREIGN-OWNED COMPANIES TABLE 4: NUMBER OF EMPLOYEES IN FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION 2009 BY MUNICIPALITY MUNCIPALITY Source: Sweden Statistics 2010 EMPLOYEES IN FOREIGN CONTROLLED ENTERPRISES 2009 BY MUNICIPALITY NUMBER OF COMPANIES IN FOREIGN CONTROLLED ENTERPRISES 2009 BY MUNICIPALITY GÖTEBORG MÖLNDAL STENUNGSUND HÄRRYDA KUNGÄLV KUNGSBACKA PARTILLE ALINGSÅS ALE LERUM LILLA EDET TJÖRN ÖCKERÖ 0 1 For the first time, we are presenting how many foreignowned companies there are in each of the municipalities that constitute the Göteborg Region. This is shown in Table 4 and in Diagram 4. Göteborg naturally has the vast majority of the employees. Mölndal has a fairly high amount, mostly due to the cutting-edge company Astra- Zeneca. Stenungsund, which is the center for the region s petrochemical industry, also has a remarkable number of employees. Borealis is the largest employer in Stenungsund. DIAGRAM 4: NUMBER OF COMPANIES IN FOREIGN- OWNED COMPANIES IN THE GÖTEBORG REGION 2009 BY MUNICIPALITY Göteborg Mölndal Source: Sweden Statistics 2010 Stenungsund Härryda Kungälv Kungsbacka Partille Alingsås Ale Lerum Lilla Edet Tjörn Öckerö 11
12 FOREIGN-OWNED COMPANIES TABLE 5: THE SIZE OF FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION IN TERMS OF NUMBER OF EMPLOYEES SIZE NUMBER OF COMPANIES 2009 Share in percent % 2009 NUMBER OF COMPANIES 2008 Share in percent % Source: Sweden Statistics 2010 There is not much difference between year 2008 and 2009 when it comes to the sizes of the foreign-owned companies in the Göteborg Region, as measured in numbers of employees. As shown in Diagram 5, as many as 25 % of the companies claim they have no employees. The second largest group has employees. This group accounts for 14 % of the total amount of foreign-owned companies in the region. Another large group claims to have 1 4 employees and that equals 13 % of the total number of foreign-owned companies. DIAGRAM 5: THE SIZE OF FOREIGN-OWNED COMPANIES IN THE GÖTEBORG REGION IN TERMS OF NUMBER OF EMPLOYEES Source: Sweden Statistics
13 FOREIGN-OWNED COMPANIES TABLE 6: THE NUMBER OF EMPLOYEES IN FOREIGN- OWNED COMPANIES IN THE GÖTEBORG REGION COUNTRY EMPLOYEES third QUARTER 2010 EMPLOYEES 2009 EMPLOYEES 2008 CHINA UNITED KINGDOM UNITED STATES NORWAY GERMANY DENMARK NETHERLANDS FINLAND FRANCE LUXEMBOURG SWITZERLAND AUSTRIA SAUDI ARABIA JAPAN Source: Sweden Statistics 2010 & Business Region Göteborg The countries with companies that employ most of the people working in foreign-owned companies have until very recently been: the United States, the United Kingdom, Norway, Germany and Denmark, in that order. This is also what the latest figures from Sweden Statistics tell us, but due to Chinese-owned Geely acquiring Volvo from American-owned Ford, we have had to adjust the list as shown in Table 6 and in Diagram 6. This means that China is now the country with the most employees in the Göteborg Region and the UK has more employees than the US. The rest of the list is the same. DIAGRAM 6: THE NUMBER OF EMPLOYEES IN FOREIGN- OWNED COMPANIES IN THE GÖTEBORG REGION Third quarter China United Kingdom United States Norway Source: Sweden Statistics 2010 & Business Region Göteborg Germany Denmark Netherlands Finland France Luxembourg Switzerland Austria Saudi Arabia Japan 13
14 The Göteborg Region FOREIGN-OWNED COMPANIES 2010 THE LIST There is considerable business activity in the Göteborg Region. Companies merge, close down and establish every week. The list of foreign-owned companies presented here is based on data from Statistics Sweden and inputs from the municipalities in the region. Data about companies is volatile - new companies start up every month as well as some companies might close down. Usually we do not change the data Statistics Sweden produces. However this time a radical change, not yet registered by Statistics Sweden, took place. The Chinese company Geely acquired Volvo from Ford. As mentioned before, in consideration to this being a major event for our region, we have adjusted this data so that the report is up to date. As stated earlier, several countries have entered our region during the past year. There are also some countries that previously had a presence in the Göteborg Region but that are no longer here. These countries are Bahrain, Monaco, Peru, Slovenia and Taiwan. Worth noting is that Cyprus has doubled the number of companies in the region. Additionally, quite a few companies in our region have switched owner countries. Luxemburg, the Virgin Islands and Jersey are countries with traditionally high renewals of companies. Here is the list of foreign-owned companies in the Göteborg Region by country.
15 AUSTRALIA BELGIUM FOREIGN-OWNED COMPANIES Australia COCHLEAR BONE ANCHORED SOLUTIONS AB COCHLEAR LTD Härryda 13 COCHLEAR NORDIC AB COCHLEAR EUROPE LTD Härryda 11 DYNO NOBEL SWEDEN AB ORICA LTD Mölndal 4 FASTIGHETEN HANS MICHELSEN 10 AB HELITING SA Göteborg 8 NITRO CONSULT AKTIEBOLAG ORICA LTD Göteborg 17 PERCUTIS AB OSSEOFON AB Härryda 13 TOLL GLOBAL FORWARDING AB TOLL HOLDINGS LTD Göteborg 12 VALAD SWEDEN AB VALAD PROPERTY GROUP Göteborg 8 Austria AKTIEBOLAGET UDDEHOLMSAGENTUREN VOESTALPINE AG Göteborg 12 B&R INDUSTRIAUTOMATION AB BERNECKER + RAINER INDUSTRIE ELEKTRONIK GMBH Göteborg 17 BETON- UND MONIERBAU GESELLSCHAFT M.B.H., ÖSTERRIKE, SVERIGE FIL BETON- UND MONIERBAU GESELLSCHAFT M.B.H Partille 8 BOREALIS AKTIEBOLAG BOREALIS AG Stenungsund 4 BOREALIS HOLDING AKTIEBOLAG BOREALIS AG Stenungsund 14 GRAVYRBOLAGET AB COLOP STEMPLERZEUGUNG, SKOPEK GMBH Göteborg 7 KOMMANDITBOLAGET LARS KAGGSGATAN RD HOLDING GMBH Göteborg 8 LYCKHEM LUCKY HOMES AB RD HOLDING GMBH Göteborg 17 LYCKHEM FASTIGHETER AB RD HOLDING GMBH Göteborg 8 LYCKHEMSDALEN AB RD HOLDING GMBH Göteborg 8 ODEN ANLÄGGNINGSENTREPRENAD AB ODEN ANLÄGGNINGSENTREPRENAD AB Göteborg 8 PAPSTAR SVERIGE AB PAP STAR HOLDING AG Alingsås 11 SC GRUPPEN AKTIEBOLAG SC GROUP INTERNATIONAL GMBH Göteborg 17 SIEMENS AKTIENGESELLSCHAFT ÖSTERREICH FILIAL SWEDEN SIEMENS AKTIENGESELLSCHAFT Stenungsund 8 SWARCO MIZAR AB SWARCO HOLDING AG Göteborg 17 SWARCO SVERIGE AB SWARCO HOLDING AG Göteborg 17 THORN LIGHTING AKTIEBOLAG ZUMTOBEL AG Göteborg 11 UDDEHOLM SVENSKA AKTIEBOLAG VOESTALPINE AG Mölndal 17 UDDEHOLM TOOLING AKTIEBOLAG VOESTALPINE AG Göteborg 12 Bahamas AKELIUS FASTIGHETER AB AKELIUS APARTMENTS LTD Göteborg 8 AKELIUS LÄGENHETER AKTIEBOLAG AKELIUS APARTMENTS LTD Partille 8 BELGIUM AGFA-GEVAERT AKTIEBOLAG AGFA-GEVAERT NV Göteborg 11 AROS ELECTRONICS AKTIEBOLAG MICHEL VAN DE WIELE, NV Mölndal 13 ASKANIA AKTIEBOLAG S.C.R. SIBELCO NV Mölndal 17 ASPENTECH EUROPE S.A./N.V. BELGIUM, FILIAL GÖTEB ASPENTECH EUROPE S.A./N.V. Göteborg 11 BEKAERT SVENSKA AKTIEBOLAG BEKAERT HOLDING BV Göteborg 11 BIG TRAVEL SWEDEN AB VMM INTERNATIONAL SA Göteborg 16 BRUSSELS AIRLINES FILIAL TILL BRUSSELS AIRLINES NV BELGIEN BRUSSELS AIRLINES NV Härryda 12 CHIQUITA SWEDEN AB CHIQUITA BRANDS INTERNATIONAL INC Kungsbacka 11 CRS CONTROL REWORK SERVICE AB CONTROL + REWORK SERVICES NV Göteborg 17 DEHON SERVICE BELGIUM SA FILIAL. DEHON SERVICE BELGIUM SA Göteborg 11 EASYFAIRS SCANDINAVIA AB EASYFAIRS EUROPE SA Göteborg 16 FORE C INVESTMENT AB FORE C INVESTMENT SPRL Göteborg 11 FREJ JONSSON & CO. AKTIEBOLAG MADELIN, SA Göteborg 11 GC NORDIC AB GC EUROPE NV Kungsbacka 11 INTERCONTAINER (SCANDINAVIA) AKTIEBOLAG INTERCONTAINER Göteborg 12 KOMMANDITBOLAG HÖGSBO 7:20 MADELIN, SA Göteborg 8 KOMMANDITBOLAGET BALLTORP 1:28 MICHEL VAN DE WIELE, NV Mölndal 8 LMS INTERNATIONAL NV BELGIEN FILIAL LMS INTERNATIONAL NV Göteborg 13 MAZDA MOTOR LOGISTICS EUROPE NV, FILIAL BELGIEN MAZDA MOTOR LOGISTICS EUROPE NV Kungsbacka 11 MONO TRADING SWEDEN AB MONO INVEST NV Göteborg 11 PITTSBURGH CORNING SCANDINAVIA AKTIEBOLAG PITTSBURGH CORNING EUROPE NV Lerum 11 RESINEXPRESS NORDIC AB RESINEX SA Lerum 11 SCANFOR BVBA BELGIEN FILIAL SCANFOR BVBA Göteborg 12 SIBELCO NORDIC AKTIEBOLAG S.C.R. SIBELCO NV Göteborg 17 SOLVAY PHARMA AKTIEBOLAG SOLVAY SA Göteborg 11 STRETCH GÖTEBORG AB WAMPUM SC SFD SPRL Göteborg 17 TEAM LINES SVERIGE AKTIEBOLAG DELPHIS NV Göteborg 12 TOPCOM SVERIGE AB TOPCOM EUROPE NV Kungsbacka 11 ULTRAPOLYMERS NORDIC AB ULTRAPOLYMERS GROUP NV Lerum 11 15
16 FOREIGN-OWNED COMPANIES Bermuda Cyprus Bermuda ACCENTURE AB ACCENTURE LTD Göteborg 13 ACCENTURE TECHNOLOGY SOLUTIONS SWEDEN AB ACCENTURE LTD Göteborg 17 FLOATEL INTERNATIONAL AB FLOATEL INTERNATIONAL LTD Mölndal 1 OOCL (SWEDEN) AB ORIENT OVERSEAS (INTERNATIONAL) LTD Göteborg 12 SVENSKA SKUMSLÄCKNINGS AKTIEBOLAGET TYCO INTERNATIONAL LTD Kungälv 11 SYNOPTIK SWEDEN AKTIEBOLAG HAL TRUST Göteborg 11 Brazil TAKTICA SERVICOS E CONSULTORIA TAKTICA SERVICOS E CONSULTORIA Göteborg 17 WEG SCANDINAVIA AKTIEBOLAG WEG EXPORTADORA SA Kungsbacka 11 Canada BOMBARDIER TRANSPORTATION SWEDEN AB BOMBARDIER INC Göteborg 13 CONSTRUCTION-MINING-EQUIPMENT AKTIEBOLAG CME BLASTING & MINING EQUIPMENT LTD Göteborg 11 FUTURE ELECTRONICS AKTIEBOLAG FUTURE ELECTRONICS LTD Härryda 11 GOLDER ASSOCIATES AKTIEBOLAG GOLDER EUROPE HOLDINGS LTD Göteborg 17 MAGNA MIRRORS SCANDINAVIA AB MAGNA DONNELLY CORP Göteborg 17 Cayman Islands VICTOR HASSELBLAD AKTIEBOLAG TECTORIA SA Göteborg 13 China CHINA CLASSIFICATION SOCIETY P.R. CHINA FILIAL, CHINA CLASSIFICATION SOCIETY P.R. Göteborg 17 VOLVO BIL I GÖTEBORG AB GEELY SWEDEN HOLDINGS AB Göteborg 11 VOLVO PERSONBILAR SVERIGE AKTIEBOLAG GEELY SWEDEN HOLDINGS AB Göteborg 11 VOLVO PERSONVAGNAR AKTIEBOLAG GEELY SWEDEN HOLDINGS AB Göteborg 6 VOLVOHANDELNS UTVECKLINGS AKTIEBOLAG GEELY SWEDEN HOLDINGS AB Göteborg 13 HANSSONS FIREWORKS IN SWEDEN AB GUANGZHOU PANDA INT GR LTD Tjörn 11 HMS GUAN AB KUMMING RED-SAIL SEAPORT HANDICRAFTS CO LTD Göteborg 11 Huawei Huawei Göteborg 19 Wicresoft AB Wicrosoft Co. Ltd Göteborg 13 Cyprus AB SPENSA EVERLIDA INVESTMENTS LTD Göteborg 8 ALCADON AKTIEBOLAG MRV COMMUNICATION INC Göteborg 11 ALIST AB ZARLOBAY HOLDINGS LTD Göteborg 11 BESTMEDIA SVERIGE AB BESTMEDIA LTD Göteborg 13 CILIX AB OPTOTEC S.A Kungsbacka 13 CILIX SECURITY SYSTEMS AB OPTOTEC S.A Kungsbacka 19 CM P-MAX III LTD, CYPERN, SVERIGE FILIAL CM P-MAX III LTD Göteborg 12 CONSAFE OFFSHORE AB PROSAFE SE Göteborg 1 EMANARA KOMMANDITBOLAG PARABIG HOLDING LTD Göteborg 18 FASTIGHETS AB EDET 2:10 RESMED HOLDING LTD Göteborg 8 FASTIGHETS AB TANUMSHEDE 3:28 RESMED HOLDING LTD Göteborg 8 FASTIGHETS AB UDDEVALLA SOLB RESMED HOLDING LTD Göteborg 8 FÖRVALTNINGS AKTIEBOLAGET GENRO ARROWHOOD HOLDINGS LTD Göteborg 17 KOMMANDITBOLAGET OLSKROKEN 35:12 EVERLIDA INVESTMENTS LTD Göteborg 8 MARIEHOLM SERVICE AB ARROWHOOD HOLDINGS LTD Göteborg 7 MULTIPHARMA SWEDEN AKTIEBOLAG EWAC BIOTECH LTD Göteborg 19 MUNKEBACKA FÖRVALTNINGS AKTIEBOLAG GALIMBA HOLDING LTD Lerum 14 MYKENE FÖRSÄLJNINGS AB PARABIG HOLDING LTD Göteborg 11 OSM CREW MANAGEMENT RORO AB OSM GROUP AS Stenungsund 12 OSM CREW MANAGEMENT TANK AB OSM GROUP AS Stenungsund 12 QUALISYS AB OPTOTEC S.A Göteborg 13 SPECTEC AB SPECTEC GROUP HOLDINGS LTD Göteborg 13 SPENSA 3513 KOMMANDITBOLAG EVERLIDA INVESTMENTS LTD Göteborg 8 TRANSBULK 1904 AB SCAN SAKURA CYPRUS LTD Göteborg 12 VIVARE AB PANDAREUS INVESTMENT LTD Göteborg 11 16