Swedish agency for growth policy analysis (Growth analysis) has in accordance with the Act on Official Statistics (SFS 2001:99) and the Appendix to the Ordinance on Statistics (SFS 2001:100) the task of producing and making statistics on international enterprises available. As a part of this work Growth analysis produces an annual report on the affiliates of Swedish controlled groups abroad. This report only presents data concerning groups which have at least one affiliate abroad, and the data applies to business operations in 2011.
In 2011 there were 2,422 Swedish controlled enterprise groups with affiliates abroad, an increase of 134 groups since 2011. Of these enterprise groups 747 or 31 per cent had subsidiaries in Norway. Between 15 and 20 per cent of the enterprise groups had subsidiaries established in the other Scandinavian countries, UK, Germany and USA.
The number of employees in the Swedish controlled enterprise groups with affiliates abroad amounted to 1.73 million, an increase of 6.5 per cent over the preceding year. The number of employees abroad increased by 79,000 to 1.21 million and the number in Sweden increased by slightly less than 27,000 persons to 151,000 employees.
The largest increases in individual countries took place in the U.S where the number of employees in the Swedish controlled groups increased by 14,200 and in the UK, where the number of employees increased by 11,700. Large increases in individual countries outside the OECD took place in India with 8,400 employees, in Egypt with 7,700 employees and in Chile with 5,200 employees.
The majority of employees abroad were in groups with at least 5,000 employees in Sweden. The 23 enterprise groups with at least 5,000 employees in Sweden accounted for about 62 per cent of all employees in foreign countries, and 45 per cent of employees in Sweden.
In this year’s report the variable turnover is for the second time included for the Swedish groups with affiliates abroad. The total turnover abroad for year 2011 was 2,524 billion and total turnover in Sweden was 1,809 billion. The countries where the Swedish groups had their largest percentage of their foreign turnover were US with 14 per cent followed by Germany 9 per cent and Norway 8 per cent.
This report only covers Swedish controlled groups with at least one affiliate abroad. The data is based on the annual reports of the groups, and is available from the Swedish Companies Registration Office (Bolagsverket). A group is defined as Swedish controlled, if 50 per cent of the group head, at the top of the group structure, is controlled by Swedish institutional controlling units.
Summary: Swedish groups with affiliates abroad 2011