UPPSALA, Sweden, Dec. 11, 2018 /PRNewswire/ -- The announcement
demonstrates and reconfirms that Sweden is an attractive and competitive
country for international companies to expand and grow. Microsoft
has been active in Sweden since
the early 1980's and is a recognised leader and innovator in the
technology sector.
"We are very pleased that Microsoft, one of the
world's most well-known and leading technology brands, is
interested in acquiring land in Gävle and Sandviken", says
Tomas Sokolnicki, Investment Advisor
at Business Sweden. "Our role is to identify opportunities for
international companies to invest and expand in Sweden, and this decision is a strong
confirmation of the hard work done by various parties in
Sweden, not least the
municipalities, that Microsoft now takes these important steps on
the journey towards what we hope will be an expansion in this
region."
Sweden has a long tradition at
the cross-roads of design, sustainability and innovation. At the
core lies a long history of base industry around paper and pulp,
steel, forestry and manufacturing – industries where the need for
stable and reliable infrastructure has been crucial. Infrastructure
in Sweden has developed over time,
making the country attractive in a way that few other countries can
match. Sweden is in a strong
position to attract foreign investors overall, foreign direct
investment stock in Sweden
amounted to USD 335 billion in 2017,
which equals 62 per cent of Swedish GDP.
"We have several regions in Sweden with excellent conditions for
industrial-scale establishments, where the region of Gävle and
Sandviken is one example. Foreign investors are attracted to our
infrastructure, our competence base and not least the business
climate, Microsoft has been a valued part of our tech ecosystem in
Sweden for 35 years and we look
forward to continuing and building on that relationship", adds
Sokolnicki.
Sweden's central location in
the Nordics, combined with its large base of multinational
companies, a thriving start-up sector and a large public sector all
driving a digital transformation, provides an attractive growth
platform for technology-driven companies and makes the country one
of Europe's most ideal locations
for international companies to invest in or expand their
operations.
Efforts to support and facilitate the site selection process and
acquisition of land in Gävle and Sandviken has been a close
collaboration between Business Sweden, Invest Stockholm and Invest
in Gävleborg as well as local partners in Gävle and
Sandviken.
About Business Sweden
Business Sweden's purpose is to
help Swedish companies grow global sales and international
companies invest and expand in Sweden. Business Sweden is owned by the Swedish Government and
the industry, a partnership that offers access to contacts and
networks at all levels.
For additional information please contact:
Elisabeth Somp
Head of Media relations
Business Sweden
Mobile: +46-72-540-93-38
E-mail: elisabeth.somp@business-sweden.se
This information was brought to you by Cision
http://news.cision.com
http://news.cision.com/business-sweden/r/the-swedish-municipalities-of-gavle-and-sandviken-sell-130-hectares-of-land-to-microsoft,c2697473
The following files are available for download:
https://mb.cision.com/Main/1073/2697473/961222.pdf
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Press release
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http://news.cision.com/business-sweden/i/microsoft-web-image-lo-res,c2544635
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Microsoft Web-image
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