In the same period, these companies invested over 1.1 billion euros in the country, highlighting the scale of the Swedish corporate presence, according to data collected by the Luso-Swedish Chamber of Commerce, the Swedish Embassy in Portugal, and Business Sweden.
Companies with Swedish capital or identity employed 18,133 people in 2024 and generated an aggregate turnover of 13.1 billion euros over the specified five-year period.
“Sweden and Portugal share a strong belief in free trade and a joint commitment to global security. As we celebrate milestones in our EU membership (30 and 40 years, respectively), our partnership is increasingly focused on the future: innovation, sustainability, and further European integration,” reads a statement from the diplomatic representation.
Ambassador Elisabeth Eklund notes that the trade relationship reflects the aforementioned alignment, with Portuguese exports to Sweden growing by 113% in the past five years.
Companies such as Securitas (4,470 employees), IKEA (3,200), IKEA Industry (1,752), Diaverum (1,618), and Boliden Somincor (1,324) stand out as the largest employers, reinforcing the significance of the Swedish corporate presence in the national labor market.
