Facts and figures on trade and industry in Malmö

a r e p o r t f r o m t h e t r a d e a n d I n d u s t r y a g e n c y , c I t y o f m a l m ö 2 0 1 0

The straight facts! The purpose of this report is to provide all stakeholders in trade and industry in Malmö with straight facts and transparent statistics – companies in Malmö, companies planning to move to Malmö, and others who wish to follow business community developments.

– The report is available in Swedish and English – Read and download the digital version from our website – More information and statistics are available on our website

>> www.malmo.se/tradeindustry >> www.malmobusiness.com

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Current facts, present potential

We are pleased to present the 2010 edition of Malmö Snapshot, a publication that provides a unique opportunity to study the trends and developments in some of the most important areas of the city.

This snapshot of Malmö shows a city with tremendous growth potential and many good reasons for establishing a company here. The city is ideally located, with an infrastructure that enables the entire world to reach Malmö by air or rail. The Öresund Bridge, which links Malmö with the continent, is celebrating its tenth birthday and when the Fehmarn Belt Bridge opens in 2018, the connection will be complete, providing enormous opportunities for the future.

When the City Tunnel opens at the end of the year, travel to and within the city will be even easier.

The new train stations will allow nearby areas to be developed and refined in a way that we can today hardly imagine – new neighborhoods will be created and existing ones expanded.

The new Triangeln station will be one of the three largest stations in Sweden, with a direct connection to downtown Copenhagen. We will live and act in one continuous metropolis, with new opportunities for venues and increased employment. In short, a great snapshot of a great location – with Copenhagen and Malmö-Lund as engines for future growth in the Öresund Region.

Pehr Andersson, Director, Trade and Industry Agency, City of Malmö

2 Malmö Snapshot

preface

Contents

10

14 2218

4

population increase

age distribution

Universities/colleges

Basic facts

Daytime population

Industries

Industry trends

places of employment

form of enterprise

Malmö’s 10 largest private employers

foreign-owned places of employment

Turnover

Housing construction

Unemployment

New companies

regIoN

popUlaTIoN

growTH

worKforce

corporaTe sTrUcTUre

planned projects

commuting

Infrastructure

Malmö Snapshot 3

coNTeNTs

Malmö - City of the futureMalmö is vibrant with activity. Interest in the city is huge and many players recognize its potential and are eager to invest in our future.

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» Emporia Shopping Center

» Point Hyllie

» New fair and exhibition center

» Convention center and concert hall

» Renovation and expansion of several shopping malls – Mobilia, Triangeln, and Caroli City

» Media Evolution City (Västra Hamnen)

» World Village of Women Sports

» Lernacken (hotel, conference, spa)

» Health Campus at Dalaplan

» Several new hotels

» Continued expansion of Västra Hamnen

» Development of hospital campus

» Expansion of Norra Hamnen (port)

» Expansion of Hyllie

» Expansion of Norra Sorgenfri

a selection of current and planned projects

Kontrapunkt (Counterpoint) is the name of Malmö’s new convention center and concert hall

4

regIoN

some recent major investments in Malmö:

City Tunnel (completion December 2010)

Entré Shopping Center (completed 2009)

New Court of Appeal building (completed 2009)

Malmö - City of the future

Malmö Arena (completed 2008)

Swedbank Stadium (completed 2009)

Point Hyllie

World Village of Women Sports

Emporia Shopping Center

Convention center and concert hall

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Media Evolution City

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Malmö Snapshot 5

regIoN

CopenhagenMalmö

D e N M a r K

s w e D e N

Öresund RegionThe Öresund Region is the largest and most densely populated metropolitan region in the Nordic countries.

The Öresund Region extends across two countries, southern Sweden and

eastern Denmark, with easy access between the countries via the Öresund

Bridge, which was inaugurated on July 1, 2000. The 16 km long route

connects Malmö and Copenhagen.

25% of the population of Sweden and Denmark live in the Öresund Region

» The Öresund Region includes Skåne in Sweden and the Danish islands of Zealand, Lolland-Falster, Mön, and Bornholm

» 3.7 million inhabitants (1.2 million on the Swedish side and 2.5 million on the Danish side)

» Largest Nordic labor market region – 1.8 million people

» 58 Nordic headquarters (35% of companies in Forbes 2000 list that have operations in the Nordic countries)

» 165,000 students (Öresund University – consortium of nine universities)

» 12,000 researchers (Öresund University)

6 Malmö Snapshot

regIoN

Commuting over the Öresund Bridge

20,400 people commuted daily by train or car over the Öresund Bridge (2009)

» Commuting increased by 2.4% over the previous year and 150% over five years

» 57% commuted by train and 43% by car

» 88% commuted to work and 12% were students

» The majority commuted from Sweden to Denmark – 94% live in Skåne

» Many Danes reside in Malmö due to housing price differences between the countries and many Swedes work in Copenhagen

» Approximately 11,000 people commuted from Malmö to jobs in Denmark (2007)

» 19,500 vehicles per day crossed the bridge in 2009 (a total of 7,103,706 cars, trucks, buses, etc.)

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10,000

15,000

20,000

25,000

20092008200720062005200420032002200120001995

Commuters by car

Commuters by train

Students by train

Commuters by hydrofoil boat

43%

57%

CarTrain

12%

88%

StudyingWorking

Malmö Snapshot 7

regIoN

Commuting in both directions has increased for several years, contributing to a mobile region

» Malmö is located in a mobile region with everything close at hand – short distances and easy to move around

» 59,626 people commuted to Malmö from other municipalities in Sweden (domestic inbound commuting 2008)

» 26,800 people commuted to other municipalities in Sweden from Malmö (domestic outbound commuting in 2008)

» The City Tunnel in Malmö, which will open in December 2010, will improve commuting opportunities; commuting times for a number of routes will be shortened, resulting in greater mobility in the region

Domestic commutingcommuting to/from Malmö

(across municipal boundaries in Sweden)

41%

59%

WomenMen

-30,000 -20,000 -10,000 0 10,000 20,000 30,000 40,000 50,000 60,000

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2001

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2003

2004

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2006

2007

2008

Outbound commuting (from Malmö) Inbound commuting (to Malmö)

outbound commuters 2008

42%

58%

WomenMen

Inbound commuters 2008

8 Malmö Snapshot

regIoN

» Copenhagen International Airport (Kastrup) is easily accessible by train and car; trains depart every 20 minutes and the trip takes 22 minutes

» Malmö Airport is located 30 km east of the city; airport buses are available for the 40-minute journey

» Sweden’s third largest cargo port is in Malmö; the harbor in Malmö is a combined cargo and passenger port; a major harbor expansion project is underway with new terminals and spaces

» The City Tunnel (completion in December 2010) will provide Malmö with an even better infrastructure and two new stations

» Malmö has two ring roads (Outer and Inner Ring Road), which allow efficient logistics

» Proximity to a well-developed road and rail network allows easy transport of goods and people, both within Sweden and to Scandinavia and Europe

Good infrastructure

Port of Malmö

Malmö Central Station

Station Triangeln

Inner Ring Road

Outer Ring Road

Station Hyllie

1h Stockholm

1h 05 oSlo

1h 15 Berlin

1h 25 AmSterdAm

1h 50 BruSSelS

Gothenburg 3 h

Stockholm 4h 20 min

Hamburg

5h 30 min

Copenhagen 30 min

Lund 10 min

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Malmö Airport (Sturup)

Öresund Bridge,Copenhagen International Airport

Malmö Snapshot 9

regIoN

Malmö’s booming trade and industry and flourishing university offer a good quality of life with a wide range of activities, attracting many new residents to the city, which is growing year by year.

The people make the city

Malmö’s population 1968-2009

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2010 2008

2006 2004

2002 2000

1998 1996

1994 1992

1990 1988

1986 1984

19821980

1978 1976

19741972

1970 1968

Thousands

293,909 people

Dec. 31, 2009

popUlaTIoN

10 Malmö Snapshot

» In 2023 the Malmö-Lund region is expected to have half a million inhabitants

» 76% of households are small one- or two-person households

» 30% of the city’s inhabitants were born abroad – Danes are one of the largest groups

» 174 countries are represented and about 150 languages

» With 293,909 inhabitants, Malmö is Sweden’s third largest city (December 31, 2009)

» The population increased by 7,374 people (+2.6%) in 2009 – the largest increase in Malmö’s 800-year history

» Malmö’s population grew for the twenty-fifth year in a row

» In early 2011 Malmö is expected to exceed 300,000 inhabitants

Malmö is a YOUNG CITY. Almost half of the population is under the age of 35 (48%)

population by age group and sex (2009) percentage age distribution

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90+80-8970-7960-6950-5940-4930-3920-2910-190-9

Women Men

Thousands

0 10 20 30 40 50 60 70 80 90 100

Women

Men

Total

Age 0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80-89 90+

11% 10% 18% 16% 13% 11% 9% 6% 4% 1%

12% 11% 17% 18% 13% 11% 9% 6% 3% 0%

11% 10% 18% 15% 12% 11% 9% 7% 5% 1%

%

Malmö Snapshot 11

popUlaTIoN

Colleges and universitiesMalmö University » Ninth largest institute of

higher learning and largest college in Sweden

» Founded on July 1, 1998

» 23,900 students in 2009 (12,367 full-time students); 5,000 students at its inception in 1998

» Over 100 programs and 500 courses

» Located in central Malmö

Öresund University » Consortium of nine universities in two

countries – Sweden and Denmark

» 165,000 students and 12,000 researchers

» Offers students greater choice and facilitates study combinations across national borders, but also aims to be an important cog in the region’s expansion as a hub for cooperative research and business contacts

The consortium includes Lund University, University of Copenhagen, Roskilde University, Malmö University, Kristianstad University, Copenhagen Business School, Technical University of Denmark, The Royal Danish Academy of Fine Arts - School of Architecture, and Swedish University of Agricultural Sciences/Alnarp

Malmö also offers opportunities to study at the Art Academy, Academy of Music, Theater Academy, and World Maritime University.

» 42% of Malmö’s population (25-64 years) have tertiary education); the corresponding figure for Sweden as a whole is 36% (2007)

» Newly graduated college students in Sweden prefer to settle in metro-politan areas after completing their studies according to a report from the National Agency for Higher Education and Statistics Sweden (April 2010)

Malmö has about 26,000 college students

Photo: leif JohanSSon x-ray12 Malmö Snapshot

popUlaTIoN

Basic facts & regional accounts

» Gross Regional Product (GRP) in Malmö amounted to SEK 108,568 million in 2007 (+63% in ten years); service production in particular has increased; GRP per capita was at SEK 390,000

» Total disposable income in Malmö was SEK 41,203 million (+52% in ten years); disposable income per capita was SEK 148,000

» Total wage bill for Malmö was SEK 43,451 million (+71% in ten years); service production in particular shows a major positive development in wages

gross regional product (grp) per capita, current prices, seK thousand

gross regional product (grp) in Malmö by industry, seK million

Disposable income per capita, current prices, seK thousand

wages by industry in Malmö, current prices, seK million

SNI2002 SNI2002

0

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Manufacturing (SNI 01-45)

Services (SNI 50-95)Public authorities and household non-pro�t organizationsItems not broken down by industry

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10,000

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Manufacturing (SNI 01-45)

Services (SNI 50-95)

non-pro�t organizationsPublic authorities and household

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Stockholm

Malmö

Gothenburg

Skåne

Sweden

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Stockholm

Malmö

Gothenburg

Skåne

Sweden

Malmö Snapshot 13

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» Malmö had a total of 1.7 million overnight visitors in 2009, which meant 4,700 visitors spent the night in Malmö each night

» They stayed an average of almost two nights, resulting in approximately 3.2 million overnight stays

» In addition, Malmö had an estimated 5.1 million daytime visitors (excluding travel to and from work/school)

» 1,125,367 guest nights in the city’s hotels and 62,756 in hostels; an 8.3% increase over the previous year for hotels; Sweden showed an increase of 0.4%; Malmö was one of the few destinations in Sweden that showed a large increase

» Average accommodation revenue per hotel room sold and day was SEK 878, an increase of 20% in five years; total 2009 accommodation revenue for hotels was SEK 684 million, in addition to other sales in hotels

» 80% of visitors are from Sweden; Danes comprise the largest foreign group by far; they have markedly increased over the past year in terms of both daily visits and overnight stays

guest nights

Guest night = each overnight guest

Quarterly results for the ten key figures are published on our website in the spring and fall.

Malmö is doing well and 10 key figures help to monitor its development. The positive trend was recognized in 2009 when the city was awarded the prize for Growth Municipality of the Year*.

* The Growth Municipality of the Year prize is awarded by Arena för Tillväxt and SWECO EuroFutures

10 interesting key figures

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1,200

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Hotels Hostels

Thousands

growTH

14 Malmö Snapshot

» Despite the turbulent economy in 2009, the rental market for offices in Malmö has been positive and the vacancy rate is virtually unchanged, 6.8% for Malmö/Lund (slightly higher for Malmö)

» Rental levels for prime rent in the Central Business District (CBD) were steady at about SEK 2,100/m²/year

» The number of real estate transactions fell in Malmö in 2009 due to the financial crisis, as it did in the rest of Sweden; Malmö retained its share of about 10% of total Swedish transaction volume even during the recession

» Several major projects were completed in 2009 – the Entré shopping center, Swedbank Stadium soccer arena, the Ikea store in Svågertorp, and a couple of large office buildings in the Västra Hamnen/Dockan area and at Svågertorp

» Diligentia decided to demolish large parts of Malmömässan (Malmö Exhibition and Convention Center) in the Västra Hamnen area to begin construction of 16 blocks of housing, offices, and commercial space

» In 2009, 793 homes were completed, 65% in multi-dwelling buildings and 35% in single-family homes

» Both the number of constructions started and newly built homes declined; multi-dwelling buildings in particular declined among completed homes

» The global financial crisis and subsequent recession had a strong impact on 2009; recovery was evident in the autumn of 2009, but from a low level, which means the number of completed apartments in 2010 will be low

» In 2010 around 600 residential units will be completed and in 2011 the figure will rise to 1,000 homes; the number of residential units in relation to the population is lower now than it was in the 1980s, at the same time that Malmö’s population is growing

» Several large residential areas are planned and the increase in building permits suggests that the market will maintain a high level of preparedness for an improved economy

» Housing starts are expected to pick up in 2010; construction will begin on about 1,500 homes in 2010

» There were 145,135 employees in Malmö in 2009; the number of employees declined slightly in 2009 after several years of strong growth

» A slowdown due to the financial crisis and recession was also noted in other cities in Sweden and the country as a whole

» The number of employees in construction and health care has declined somewhat over the past year, while the restaurant industry shows an increase

» The number of employees in Malmö rose 18% over 10 years; the industries that showed the largest percentage growth are IT and computer consultants, other business services, and education; construction also shows a relatively large increase

» Sole proprietorships increased most, but corporations have also shown a large increase

» Employees of foreign companies have increased most in terms of percent; number of employees in county councils has also increased; also private Swedish companies have shown some growth

commercial real estate market

Housing construction

Number of employees – daytime population

Multi-dwelling building = building with at least three separate apartments. The maximum number is unlimited.

Number of employees = daytime population, i.e., the number of people employed in Malmö (excl. owners of sole proprietorships) who earned at least one basic amount per year, or worked as temporary employees for more than 3 months.

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% SEK/sqm/year

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1,800

2,100

Vacancy rateMalmö/Lund

Prime Rent Central Business District Malmö (SEK/sqm/year)

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2009200820072006200520042003200220012000199919981997

Newly built

Volume

Construction started

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Number of employees

Thousands

Malmö Snapshot 15

growTH

» After a couple of years with low unemployment, the number of unemployed rose to the level it was in 2006; open unemployment and the number of people in employment programs both increased, though the situation did not become as severe as it was between 2002 and 2005

» Due to the structure of trade and industry in Malmö, with a smaller percentage of the cyclically sensitive manufacturing industry, the unemployment rate did not take off until the second half of 2009

» Total unemployment in Malmö (open unemployment and people in programs with activity grants) in 2009 was an average of 7.2%, about 14,000 people

» Even youth unemployment, 18-24 years, reached high levels; the total average unemployment rate in 2009 was 9.1% (approximately 2,500 people), slightly lower than in Skåne and the country at large

» Danish demand for labor has had a restraining effect on unemployment in Malmö, especially for young people; about 11,000 people commuted from Malmö to Denmark in 2007; after a slowdown in 2009, the need for Swedish labor appears to be increasing again

» 16,793 new vacancies were reported to the Public Employment Service in Malmö in 2009, down 34% compared with 2008

» Despite the decline, an average 46 new vacancies were reported every day throughout the year

» The financial crisis and the recession led to a dramatic drop compared with recent years – but from a very high level; the number of new vacancies is still higher than between 1997 and 2004

» The most new vacancies were reported in the areas ‘real estate and business services’ and ’public administration, education, health and social services’

» The engineering and manufacturing industries showed the largest percentage reductions in demand

» One industry showed an increase in demand despite the economic downturn – financial services, where demand was higher than the previous year

» About 2,000 new businesses are started per year, which means 5-6 companies are started every day

» 2,525 new companies were started in Malmö in 2009 – more new companies than in the record years 2007 and 2008

» 70% of the new companies were sole proprietorships and 22% were corporations; 62% had all men in management, 33% all women, and 5% had joint management

» The new companies employed 4,396 people (about 1.7 per company), 38% of whom worked full time

» The industries that grew most were business services, commerce, hotels and restaurants, and construction

» 13.0 companies/1,000 inhabitants (16-64 years) were founded in Malmö, compared with 16.0 in Stockholm, 11.1 in Gothenburg, and 10.0 in Sweden as a whole; the business climate in Malmö is excellent and for years it has placed high in rankings for business creation in Sweden

» 68% of companies established in Sweden in 2005 were still operating three years later (survival rate)

Unemployment New vacancies New companies

Average per year. People aged 16-64 registered with the Public Employment Service as a percentage of the population

New company = completely newly started, or business that resumed after dormancy for a minimum of two years

Unemployment rate = open unemployment + programs with activity grants

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Malmö Skåne Sweden

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2009200820072006200520042003200220012000199919981997

New vacancies Public Employment Service

Thousands

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2,000

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2,800

2009200820072006200520042003200220012000199919981997

Number of new companies

Number

16 Malmö Snapshot

growTH

» For every company that goes bankrupt, six new companies are started (average 2002-2009)

» About 300 bankruptcies per year. Fewer than one bankruptcy per day

» After several years with a relatively low level of bankruptcies, the number of bankruptcies increased in 2009 due to the global financial crisis and subsequent recession

» A sharp increase in the number of bankruptcies in 2009 was also evident in Stockholm, Gothenburg, and in Sweden as a whole

» 388 bankruptcies in Malmö in 2009, found in many industries; an increase over the previous year can be noted in construction, hotels and restaurants, commerce, transport, manufacturing, and business services

» Corporations account for the increase in recent years; small businesses (1-19 employees) in particular have increased, as well as companies without employees

» The industries that show an increased number of bankruptcies in recent years are real estate, and to some extent retail trade and construction

» Industries in Malmö invested SEK 558 million in 2009, a 31% reduction compared with the previous year; the decline relates to machinery and equipment

» Even in Sweden total industrial investment fell by 24% against the previous year; investments decreased in most sectors

» Investments were weak in 2009 in response to the global financial crisis, as companies were more cautious and postponed investments

» The outlook for 2010 is more positive than the outcome of 2009, though still low compared with previous years, where investment volumes followed a rising trend over several years

» The outlook for Malmö in 2010 shows a pronounced recovery, with a projected level of investment of SEK 708 million; a few months into 2010 the forecast was revised upwards by SEK 18 million

» For Sweden as a whole, the original projection for 2010 was unchanged compared with 2009, but a few months into 2010 the forecast shows some improvement

» Turnover for 2009 was SEK 223 billion. After several years of strong growth, turnover dropped due to the economic downturn

» Turnover in Malmö remained at a high level, though it was below the record years of 2006 to 2008

» The large number of Danish visitors had a positive impact on turnover; a strong Danish krone encouraged many Danes to cross to the Swedish side for shopping and business trips

» Over the past 10 years, turnover in Malmö increased by 48%

» Industries that showed a large increase in recent years include construction, telecommunications and electronics, airlines and computer consultants

» Other industries that showed a pronounced increase include health care, sanitation and waste management, consulting services (recruitment and staffing, finance, law, architecture, and engineering), property services, restaurants, culture/entertainment/sports, and foods

Bankruptcies Industrial investments

Turnover

Industry = SNI code B+C, i.e. “extraction of minerals” and “manufacturing”.

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Number of bankruptcies

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Investments Outlook

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Turnover ex VAT

SEK billion

Malmö Snapshot 17

growTH

Workforce and industry trends

Malmö is a city with a thriving economy, strong growth, and great confidence in the future.

Malmö’s journey from industrial city to knowledge city is fascinating. During the 1990s several industries were shut down, which reduced the size of the workforce. During the same period decisions were made to build the Öresund Bridge (opened 2000) and to establish Malmö University (founded 1998), two of the many initiatives that have contributed to Malmö’s major transformation.

» Malmö was the place of employment for a workforce of 151,137, the highest figure ever

» An increase of 1.4% against the previous year and 21% over a 10-year period

» Business services and education are the main areas that have increased over the past decade

Trend for workforce, daytime population

Workforce (16 + years) with workplace in Malmö. The figures include both owners of sole proprietorships and employees of all forms of enterprise. RAMS SCB.

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worKforce

18 Malmö Snapshot

from industrial city to knowledge city » Today a large number of people work in various

knowledge-intensive service industries in Malmö; only 8% work in manufacturing, which is a lower figure than Sweden as a whole, where 15% work in manufacturing

» Malmö has the highest percentage working in commerce (16%), followed by business services (14%), followed by health care and social services (14%), followed by education (9%)

» Over half (53%) work in the four major groups above

» Sweden as a whole differs from Malmö with respect to which areas have the largest workforce; in Sweden, the largest group is health care and social services (16%), followed by manufacturing (15%)

1998 2007 2008Trend 10

yearsTrend vs

previous yearStockholm 499,043 559,509 570,377 71,334 14% 10,868 1.9%

Gothenburg 248,777 301,731 304,578 55,801 22% 2,847 0.9%

Malmö 124,866 148,998 151,137 26,271 21% 2,139 1.4%

Skåne 466,879 535,585 536,689 69,810 15% 1,104 0.2%

Sweden 3,918,678 4,390,559 4,406,789 488,111 12% 16,230 0.4%

Sweden

workforce by industry

commerce Health care, social services

Business services education public administration and defense

Hotels and restaurants

cultural and personal services

financial and insurance services

Manufacturing and mining

construction

Information and communication

Transportation and warehousing real estate activities

Unknown activities

energy, environmental activities

other industries

» The workforce with workplace in Malmö has increased by 21% in 10 years

» In Sweden as a whole, the workforce increased by 12% during the 10-year period; the corresponding figure for Stockholm is 14%, Gothenburg 22%, and Skåne 15%

Malmö

agriculture, forestry, and fishing

geographic trend, workforce

16%

15%

12%

11%10%

7%

29%

15%

14%

14%

9%8%

7%

6%

6%

6%

5%

3%2%

2% 1% 1% 0%

14%

16%15%

16%

12%

8% 9%10% 11%

14%

7%6%

Workforce (daytime population) 2008 (+16 years). RAMS SCB. SNI2007.

Malmö Snapshot 19

worKforce

Industry trend (number of employees)

SNI2002 SNI2002

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

200820072006200520042003200220012000199919981997199619951994

Agriculture, forestry and �shing Manufacturing

Energy, water, waste, etc. Construction

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

200820072006200520042003200220012000199919981997199619951994

Commerce Transportation and warehousing

Hotels and restaurants Recreation, culture and sports

20 Malmö Snapshot

worKforce

Industry trend (number of employees)

percentage change, 1994-2008 » Industries with a large percentage

increase in number of employees during the period include IT and computer consultants, other business services, hotels and restaurants, and education; construction also shows a relatively large increase

» Industries showing a slight increase include recreation, culture and sports, commerce, real estate and rental services, public administration and defense, and transportation and warehousing

» Health care and social services, finance and insurance remain stable; health

care and social services returned to 1994 levels after maintaining a lower level over an extended period of time

» Industries showing a decline include agriculture, forestry and fishing, manufacturing, energy, water, and waste

actual increase in number of employees, 1994-2008 » As regards actual number of

employees, the most jobs were added in other business services, which accounted for 40% of the total increase

» Other industries showing a large actual increase include education, IT and computer consultants, commerce, and construction

percentage change over the past five years » The industries that have grown most

over the past five years include IT and computer consultants, other business services, and real estate and rental services

» Only two sectors have shown some decline in employment – manufacturing, and agriculture, forestry, and fishing

“Other business services” includes e.g. legal, financial, architectural, and engineering services, advertising and market research, staffing and recruitment, call centers, cleaning, and other management consultancy activities.

Number of employees does not include owners of sole proprietorships, just employees

SNI2002 SNI2002

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

200820072006200520042003200220012000199919981997199619951994

Financial and insurance services IT and computer consultants

Real estate and rental services Other business services

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

24,000

26,000

200820072006200520042003200220012000199919981997199619951994

Public administration Education + R&D

Health care, social services

Malmö Snapshot 21

worKforce

Data for November of each year

Many new and established businesses locate their operations in Malmö. The number of places of employment has sharply increased and today’s corporate structure largely consists of small and medium-sized enterprises.

Corporate structure

Definition of number of employees = daytime population, i.e., the number of people employed in Malmö (excl. owners of sole proprietorships) who earned at least one basic amount per year, or worked as temporary employees for more than 3 months.

Trend, number of places of employment

Photo: leif JohanSSon x-ray

The number of places of employment increased by an impressive 68% over 15 years

» The number of employees in Malmö increased by 23% over 15 years

» Malmö had 145,135 employees at 28,832 places of employment

» Number of employees and number of places of employment both increased significantly

0

4,000

8,000

12,000

16,000

20,000

24,000

28,000

32,000

20092008200720062005200420032002200120001999199819971996199519940

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

EmployeesPlaces of employment

corporaTe sTrUcTUre

22 Malmö Snapshot

» 43% of places of employment were sole proprietorships and 38% were corporations, the two most common forms of enterprise in Malmö

» The number of places of employment in the group sole proprietorships has more than doubled in 15 years and the number of corporations increased by 35%

» The establishment of many new companies reflects the conducive business climate in Malmö and the change that the city has undergone from a structure with a number of large enterprises to a structure with many small firms

» The largest percentage of employees are in corporations; the number of employees in corporations has increased by 39% in 15 years

legal form of enterprise Malmö has changed from a structure with a number of large enterprises to a structure with many small enterprises

Number of employees does not include owners of sole proprietorships, just employees

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places of employment employeesLegal entity 1994 2009 Change 1994 2009 Change

Corporation 8,094 10,958 2,864 35% 69,281 96,189 26,908 39%

Sole proprietorship 4,658 12,633 7,975 171% 675 1,803 1,128 167%

General and limited partnership 2,025 2,201 176 9% 1,450 1,943 493 34%

Other, public sector 746 795 49 7% 37,621 37,080 -541 -1%

Other 1,669 2,245 576 35% 9,357 8,120 -1,237 -13%

Total 17,192 28,832 11,640 68% 118,384 145,135 26,751 23%

sole proprietorship

corporation

general and limited partnership

other, public sector

other

44%

38%

7%

3%

8%

8%

3%

38%

43%

8%

Malmö Snapshot 23

corporaTe sTrUcTUre

Processed data on foreign-owned enterprises in 2008 (source Swedish Agency for Growth Policy) are on the next page

» 69% were employed in the private sector and 31% in the public sector

» The number of employees has increased by 16% since 2002, mainly in the private sector

» Number of employees increased most in foreign-owned places of employment, up 66% since 2002; foreign-owned companies also include some companies considered “Swedish”, but registered abroad

The service sector has markedly increased over the past 10-15 years and now accounts for a significant portion of trade and industry

» Malmö’s economy is largely composed of small and medium-sized enterprises, which is also the structure of Sweden as a whole where 99.9% of firms had fewer than 250 employees (2008)

» A large portion of places of employment in Malmö have no employees

» Malmö has a mixed economy that includes many different sectors, providing a solid and diversified base

Number of places of employment by number of employees

2009. SNI2007. Number of employees does not include owners of sole proprietorships.

places of employment employeesCorporate governance 2002 2009 Change 2002 2009 Change

Government 283 227 -56 -20% 15,139 14,286 -853 -6%

Municipal 673 655 -18 -3% 19,860 19,535 -325 -2%

County council 77 92 15 19% 8,882 10,807 1,925 22%

Private Swedish without group 18,605 22,775 4,170 22% 23,752 26,826 3,074 13%

Private Swedish with group 2,888 3,509 621 22% 36,986 40,177 3,191 9%

Foreign 1,085 1,574 489 45% 20,127 33,504 13,377 66%

Total 23,611 28,832 5,221 22% 124,746 145,135 20,389 16%

Sector 0 emp. 1-2 3-9 10-49 50-249 250-499 +500 Total

Agriculture, forestry, and fishing 580 32 5 1 618

Manufacturing 616 157 212 141 47 3 1 1,177

Energy, water, waste, etc. 34 10 11 17 10 2 84

Construction 902 278 188 131 40 1 1 1,541

Commerce 2,534 931 939 477 72 1 4,954

Transportation and warehousing 452 221 141 96 21 7 2 940

Hotels and restaurants 413 275 226 109 12 1,035

Information and communication 1,418 307 190 111 41 6 1 2,074

Financial and insurance services 269 79 86 45 10 2 491

Real estate activities 1,810 377 145 43 10 2,385

Law, economics, science, and technology 4,028 923 467 205 33 1 5,657

Rental, real estate, travel, and support services 704 203 170 118 55 4 4 1,258

Public administration, defense, etc. 5 10 22 43 33 5 1 119

Education 449 77 139 226 54 2 947

Health care, social services 610 203 250 258 41 4 2 1,368

Culture, entertainment, and recreation 1,646 176 89 47 10 1 1,969

Other services 1,502 278 132 59 7 1,978

Other 234 3 237

Total 18,206 4,540 3,412 2,126 497 39 12 28,832

24 Malmö Snapshot

corporaTe sTrUcTUre

» The largest investor countries with respect to the number of foreign-owned places of employment were: Denmark (21%), UK (12%), Norway (12%), and Germany (10%)

» The largest number of places of employment were in commerce, communications, hotels and restaurants, as well as in financial and business services

» 1,105 places of employment had employees

» 487 places of employment had more than 10 employees

» 64 places of employment had more than 100 employees

» 47% of those employed by foreign-owned firms worked here

Number of foreign-owned places of employment by country

Number of foreign-owned places of employment

Foreign-owned businesses 31% of Malmö’s employees work in foreign-owned companies (excluding public sector)

» 30,489 people worked in the 1,400 foreign-owned places of employment in Malmö (2008)

» 5% of Malmö’s places of employment were foreign-owned (excluding public sector)

» The number of foreign-owned places of employment has increased by 131% over 10 years

» The number of employees in foreign-owned places of employment has increased by 116% over 10 years

Malmö’s largest foreign-owned companies include Manpower, Pågen, ISS Facility Services, Logica, Schenker, Trygg-Hansa, E. ON, and IKEA.

0

200

400

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1,200

1,400

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20082007200620052004200320022001200019991998199719960

4,000

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20,000

24,000

28,000

32,000

Number of foreign-owned places of employment Employees in foreign-owned companies

0

50

100

150

200

250

300

Rest of world

Rest of Europe

France

Finland

Netherlands

USA

Germany

Norway

United Kingdom

Denmark

Number of foreign-owned places of employment per country (2008)

291

164 162144

109 10691

62

163

108

The Öresund Bridge between

Sweden and Denmark was

inaugurated in 2000

Malmö Snapshot 25

corporaTe sTrUcTUre

Malmö’s 10 largest private employers

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Turning Torso is the tallest building in Sweden (190 meters)

Malmö’s trade and industry policy vision

We will make Malmö the most innovative and curious city in the Öresund Region, where it will be especially inspiring to establish, operate, and develop businesses.

company Number of employees

Skanska 2,575

Academic Work 825

ISS Facility Services 775

Pågen 775

Manpower 675

DSBFirst 575

Sydsvenska Dagbladet 525

Logica 525

Attendo Care 525

Assistansia 475

26 Malmö Snapshot

corporaTe sTrUcTUre

Malmö’s profile areas

environmental technology is an important and rapidly growing industry with potential for Malmö. Here the City of Malmö would like to gather stakeholders from academia, industry, and the public sector that are committed to enhancing the image of Malmö as a sustainable city, thereby creating more jobs.

A CleanTech Office has been launched that can assist companies and organizations within the field of environmental technology. The

office works with CleanTech Center, a showroom where environmental technology companies can demonstrate their products, and the Green Light District, a geographical area that provides companies with visibility in the city scape and where good synergies can be created.

media is another important area where the City of Malmö cooperates with participants such as Region Skåne and Region Blekinge to strengthen and grow

the mobile media sector. Media Evolution City in Västra Hamnen is being developed into a world-class venue for companies, research, and organizations in mobile media and mobile platforms.

Within medical malmö trade and industry are linked to medical research. The City of Malmö has taken the initiative to launch a marketing organization together with Malmö University, Lund University, and Region Skåne to promote Medical Malmö.

When marketing in trade and industry contexts, Malmö will increasingly focus on a number of profile areas where the city’s strengths are considered to be especially relevant for more jobs and growth.

New Media Logistics

Commerce

Life Science Hospitality

industry

Head- quarters

Clean tech

The new profile areas are:

Malmö Snapshot 27

All graphs in this brochure refer to Malmö. The analyses have been produced in collaboration with the following departments of the City of Malmö: Department of Urban Planning, Department for Integration and Labour Market, and Malmö Tourism.

Print run (English edition): 2,000 Design & production: W communication agency (www.justw.com)Printing: Holmbergs

Publisher: Pehr Andersson, Trade and Industry Agency, City of Malmö Editor and analyst: Sara Bergman, Trade and Industry Agency, City of Malmö

sources:Business Register (Statistics Sweden)

Jones Lang LaSalle

Malmö University

Statistics Sweden

Swedish Agency for Economic and Regional Growth

Swedish Agency for Growth Policy

Swedish Public Employment Service

Öresund Bridge

Öresund Committee

Öresund Institute

Öresund University

Trade and Industry agencyVisiting address Lugna gatan 84Mailing address City of Malmö, SE-205 80 Malmö, SwedenTelephone +46 (0)40-34 17 00 • Fax +46 (0)40-611 27 06E-mail tradeindustry@malmo.sewww.malmo.se/tradeindustrywww.malmobusiness.com

The straight facts! The purpose of this report is to provide all stakeholders in trade and industry in Malmö with straight facts and transparent statistics – companies in Malmö, companies planning to move to Malmö, and others who wish to follow business community developments.

– The report is available in Swedish and English – Read and download the digital version from our website – More information and statistics are available on our website

>> www.malmo.se/tradeindustry >> www.malmobusiness.com