The gift comprises eight artworks donated in the last will of Elisabeth Bonnier, whose husband Gerard Bonnier (1917-1987) was for more than 30 years the head of the Bonnier group, publisher of three of the six national newspapers in the country.
Gerard Bonnier was a prominent art collector and had himself donated 23 pieces to the same museum, which are "the backbone" of its collection of early modernism, the institution said in a statement.
Among the eight pieces donated by his widow is Picasso's painting "Baigneuses au ballon", part of a series the artist painted during a stay in Dinard, France in the summer of 1928.
The second work by the Spanish master is a gouache called "Deux personnages", from 1939.
The other six pieces are a painting ("Otage") and an untitled sculpture by French artist Jean Fautrier, a gouache ("Will weg, muss weinen") and a painting ("Der Wald") by German artist Paul Klee, an oil on canvas ("La Chope") by Spaniard Juan Gris and a marble entitled "Torse de femme" by Frenchman Henri Laurens, all created in the first half of the 20th century.
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"Art like this is practically impossible to buy nowadays, and it is a great privilege to experience such generosity. The donation is fantastic news to all art lovers in Sweden," said Daniel Birnbaum, director of Stockholm's Museum of Modern Art.
A closer look at the painting