Sweden Wants More Steel Over App Wizards to Fuel Export Rebirth
- Says service sector, creative industry not compensating
- Government is working on review of corporate tax rates
A vehicle hangs suspended from an overhead crane as it moves along the production line at the Volvo Cars plant in Torslanda, Sweden.
Photographer: Kristian Helgesen/BloombergThis article is for subscribers only.
The land of music streaming and Candy Crush wants to give good old heavy industry some steel.
After nourishing fast-growing tech and gaming companies like Spotify and King, Sweden plans to boost exports by helping its manufacturing sector regain some of its former shine, says Enterprise Minister Mikael Damberg.