Babe-Bolyai University Faculty of Economics and Business Administration Master Saint George

SWEDEN

Directive: Dr. Kelemen Antnia

Student: Mikolaj Rodica-Andrea

SWEDEN
SITUATED IN NORTHERN EUROPE

IT SHARES BORDERS WITH NORWAY TO THE WEST

AND FINLAND TO THE EAST.

CURRENCY
KRONA/KRONOR

REPRESENTED AS SEK

CAPITAL CITY
STOCKHOLM LARGEST CITY OF SWEDEN THE CITY OF THE NATIONAL SWEDISH GOVERNMENT, AND THE OFFICIAL RESIDENCE OF THE SWEDISH MONARCH AS WELL AS THE PRIME MINISTER

GOVERNMENT IN POWER
PRIME MINISTER IS THE HEAD OF GOVERNMENT IN KINGDOM OF SWEDEN PRIME MINISTER FREDRIK REINFELDT (LEADER OF MODERATE PARTY)

POLITICAL ORIENTATION
CONSTITUTIONAL MONARCHY
THE RIKSDAG (349 MEMBERS) IS RESPONSIBLE FOR CHOOSING THE PRIME MINISTER WHO APPOINTS THE GOVERNMENT JUDICIARY - INDEPENDENT EXECUTIVE POWER CURRENT GOVERNMENT

LEGISLATIVE POWER RIKSDAG

LIFESTYLE
VARIES GREATLY WITH SEASON WORK HARD , BUT TREASURE THEIR FREETIME AND ENJOY LONG RELAXING HOLIDAYS THE CELEBRATION OF SOLSTICE, MIDSUMMER IS THE MOST SWEDISH OF ALL TRADITIONAL FESTIVITIES

RELIGION
SWEDEN WAS CHRISTIANIZED IN 11TH CENTURY
SINCE 16TH CENTURY SWEDEN HAS BEEN PREDOMINANTLY LUTHERAN

PRESNTLY LUTHERANS 87%

OTHERS 13% (ROMAN CATHOLICS, ORTHODOX, BAPTISTS, MUSLIM, JEWSIH AND BUDDHIST)

GEOGRAPHY
4TH LARGEST COUNTRY IN EUROPE
IT LIES BETWEEN LATITUDE 55 DEGREE AND 70 DEGREE NORTH AND MOSTLY BETWEEN LONGITUDE 11 DEGEE AND 25 DEGREE EAST

THE COUNTRY SLOPES EASTWARD AND SOUTHWARD FROM KJOLEN; MOUNTAINS ALONG THE NORWEGIAN BORDER
NORTH MOUNTAINS AND LAKES SOUTH AND EAST CENTRAL LOWLANDS & FERTILE AREAS OF FORESTS, VALLEY AND PLAINS

AGRICULTURE
SWEDISH AGRICULTURAL SECTOR EMPLOYS VERY MUCH PEOPLE
DAIRY FARMING IS THE LARGEST SECTOR (20%)

PORK & POULTRY PRODUCTION IS RELATIVELY LARGE WHILE LAMP PRODUCTION IS QUITE SMALL
WHEAT, RAPESEED, OILPLANTS AND SUGARBEETS ARE COMMON IN SOUTHERN SWEDEN, WHILE BARLEY AND OATS ARE COMMON IN NORTH

BUSINESS

SWEDEN IS A STRONGLY INDUSTRIALIZED WESTERN NATION WITH A FREE ENTERPRISE ECONOMY. SEVERAL REPUTED COMPANIES INCLUDE ERICSSON, VOLVO, ASTRA

MOST OF THE SWEDISH INVENTIONS INCLUDE TETRA

PAK, ZIPPER, DYNAMITE, TURBO ENGINE FOR CARS ETC

BUSINESS POLICY
GDP - $443.718 BILLION
FDI - $254,259 MILLION

BALANCE OF PAYMENT SEK 217.6 BILLION

(2010) EXPORT IMPORT DETAILS (2010) EXPORT DETAILS - SEK 78.4 BILLION IMPORT DETAILS - SEK 70.9 BILLION

ECONOMY

SWEDEN IS AN EXPORT-ORIENTED MIXED ECONOMY

TIMBER, HYDROPOWER AND IRON ORE

SWEDEN IS THE 10TH LARGEST SUPPLIER OF WEAPONS IN THE WORLD AND IS THE 3RD LARGEST SUPPLIER OF WEAPONS TO PAKISTAN. AGRICULTURE ACCOUNTS FOR 2% OF GDP AND EMPLOYMENT.

BUSINESS MEETINGS

ENSURE THAT YOU GIVE AT LEAST TWO WEEKS NOTICE IF YOU ARE ARRANGING A MEETING PUNCTUALITY IS ABSOLUTELY ESSENTIAL BUSINESS PERSONNEL ARE EXTREMELY DETAIL FOCUSED

RARELY MAKE DECISIONS DURING INITIAL MEETINGS

AWKWARD SILENCES ARE RARELY SEEN AS AWKWARD IN SWEDEN

THE ROLE OF A MANAGER

CROSS CULTURAL MANAGEMENT NEEDS TO RECOGNIZE THAT SWEDISH VALUE THE SPECIALIZED KNOWLEDGE THAT EMPLOYEES AT ALL LEVELS BRING THE ROLE OF THE LEADER IS TO HARNESS THE TALENT OF THE GROUP ASSEMBLED PRAISE SHOULD BE GIVEN TO THE ENTIRE GROUP AS WELL AS TO INDIVIDUALS.

GIFT GIVING ETIQUETTE

A BOUQUET OF FLOWERS OR, A BOX OF CHOCOLATES. THE BOUQUET DOES NOT INCLUDE WHITE LILIES OR CHRYSANTHEMUMS.

GIFT GIVING ETIQUETTE

SINCE SWEDEN IS SUCH A CHILD CENTRED COUNTRY, IT IS ALWAYS RECOMMENDED THAT YOU TAKE GIVES FOR ANY CHILDREN WHO MAY BE PART OF THE FAMILY WHO YOU ARE VISITING.
IF YOU ARE PERSONALLY GIVEN A GIFT, THEN IT IS CUSTOM TO OPEN IT UPON RECEIPT.

TOP 10 PLACES IN SWEDEN

1) Stockholm

Stockholm-Royal Palace

TOP 10 PLACES IN SWEDEN

2) The Stockholm Archipelago

3) Gothenburg

4) Malm

5) ICEHOTEL

6) Kosterhavet

7) Marstrand

Kosterhavets Nationalpark

8 ) Wallanders Ystad

9) Skne

10) Visby/Gotland

UNIQUE FEATURES

SWEDEN HAS LOW LEVELS OF BURGLARY, CAR THEFT AND DRUG PROBLEMS. BRIBE SEEKING IS RARE.
THE SWEDISH CAPITAL, STOCKHOLM, IS SUBSTANTIALLY LESS EXPENSIVE TO LIVE IN THAN SUCH CITIES AS OSLO, HONG KONG, TOKYO, NEW YORK AND ZRICH.

ONE OF THE KEY CHARACTERISTICS IS THAT SWEDES ARE EGALITARIAN IN NATURE, HUMBLE AND FIND BOASTING ABSOLUTELY UNACCEPTABLE

THANK YOU TACK....