Economy of Sweden

10. Agriculture.

• Most of Sweden's surface is covered with forests, mountains, lakes and swamps. Processed less than 10 per cent of the country. Most of all, agriculture is well developed in southern and central parts of the country. The food industry is concentrated in areas with developed agriculture and towns. With the accession to the EU Sweden has become a member of the European Common Agricultural Policy. This policy provides for a single European market for agricultural products and foodstuffs. Through participation in the Pan-European agricultural policy, the EU, Sweden receives a number of subsidies for agriculture: subsidies for arable land and livestock premiums, subsidies for environmental protection, support for regions. The EU provides subsidies for the expansion of agriculture in climatically unfavorable regions of the country - in Northern Sweden, the forest areas of southern Sweden and the islands of Gotland and Oland.

11. Food industry.

• She is represented by small regional companies, large companies, cooperatives, farmers and transnational mega-industrial groups. The industry uses mostly agricultural products produced in Sweden. In the food industry in Sweden is dominated by meat-packing, dairy and bakery industries. The share of enterprises owned by foreign capital, accounting for 30% of the production industry. Foreign investments in the food industry in Sweden has increased considerably during the 90s through the acquisition of Swedish companies and the concentration-based production in Scandinavia, Sweden.

• Large companies in Sweden are Volvo, Ericsson, Vattenfall, Skanska, Sony Ericsson Mobile Communications AB, Svenska Cellulosa Aktiebolaget, Electrolux, Volvo Personvagnar, TeliaSonera, Sandvik, Scania, ICA, Hennes & Mauritz, Nordea, Preem, Atlas Copco, Securitas, Nordstjernan and SKF.
• Swedish industry is entirely in private hands.