Strong results for Sweden's listed companies...
The Local · 21 Jan 2005, 10:52
Published: 21 Jan 2005 10:52 GMT+01:00
"They will confirm that the economy is strong and that there will be no downturn before the end of the year," say Martin Guri, senior analyst with SEB.
...but firms fail to invest
"There’s a macro-economic fear among Swedish firms that make them afraid to invest in new technology and facilities in Sweden, but use their profits to buy companies abroad instead," says Villy Bergström, deputy head of the Riksbank.
"Sweden is currently a new exporter of capital, despite the opportunities and needs that exist here in Sweden," he says.
Supplied by BECK TRANSLATIONS.
With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.