In this article, we will look at the 5 most valuable Swedish companies in the world. If you want to explore similar companies, you can also read 20 Most Valuable Swedish Companies In The World.
5. Hexagon AB (publ) (OTC:HXGBY)
Market Cap: $30.95 Billion
Hexagon AB (publ) (OTC:HXGBY) is a global technology and engineering group, headquartered in Sweden, that provides advanced measurement and digital solutions to a wide variety of industries, including aerospace and defense, automotive, energy, industrial automation and medical. The company operates in more than 50 countries and employs around 23,000 people across the globe. Hexagon AB (publ) (OTC:HXGBY) is one of the most valuable Swedish companies in the world and is valued at $30.95 billion, as of January 31.
4. AB Volvo (publ) (OTC:VLVLY)
Market Cap: $41.14 Billion
AB Volvo (publ) (OTC:VLVLY) is a Swedish manufacturer of trucks, buses, construction equipment, and industrial engines. The company sells its products under the Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, Prevost, Nova Bus, SDLG Trucks, and Volvo Penta brands. Additionally, AB Volvo (publ) (OTC:VLVLY) also offers financing, insurance, and maintenance services.
3. IKEA
Annual Revenue (2022): $48.3 Billion
IKEA is a Swedish multinational retail giant that specializes in affordable ready-to-assemble furniture, kitchen appliances, and home accessories. Founded in 1943, the company has grown to become one of the world’s most recognizable brands, with over 460 stores across 62 markets. In 2022, the company reported an annual revenue of $48.3 billion. In addition to ranking high among the most valuable Swedish companies in the world, IKEA is also one of the most valuable private companies in the world.
2. Atlas Copco AB (OTC:ATLKY)
Market Cap: $57.32 Billion
Atlas Copco AB (OTC:ATLKY) is a Swedish industrial machinery company that provides productivity solutions. The company is one of the most valuable companies in Sweden with a market cap of $57.32 billion, as of January 31. The company operates through four segments: Compressor Technique, Vacuum Technique, Industrial Technique and Power Technique. Some of the main product offerings of Atlas Copco AB (OTC:ATLKY) include compressors, vacuum pumps, assembly tools, material removal tools, generators, lighting towers, construction and demolition tools and specialty rental services. Atlas Copco AB (OTC:ATLKY) was founded in 1873 and is headquartered in Nacka, Sweden.
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1. Investor AB (publ) (OTC:IVSBF)
Market Cap: $61.38 Billion
Investor AB (publ) (OTC:IVSBF) is a venture capital firm located in Stockholm, Sweden. The company specializes in mature, middle market, buyouts, and growth capital investments. Investor AB (publ) (OTC:IVSBF) primarily invests in health care, financial services, IT and fintech sectors across the globe. As of January 31, the Swedish VC firm is valued at $61.38 billion and is one of the most valuable companies in Sweden.
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