Business

Top investors, startups, journalists and influencers from India are coming to Stockholm to attend the Stockholm Tech Week in September. They are all coming on the Delhi-Stockholm startup flight. Their mission? To establish in Stockholm, invest in Swedish innovations and be inspired by the Nordic tech scene.

Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the “white gold” metal that is key for the batteries that power electric vehicles. A senior trade official from the Scandinavian nation told Reuters by phone that firms in Sweden – were looking for alliances with regional lithium and copper producers.

Opening an office, or expanding into a new country is a major undertaking for a foreign company. Less so in Stockholm, where a free service is dedicated to helping companies swiftly establish in the city. Uniqlo’s Tomokazu Yokoyama and WeWork’s Wybo Wijnbergen recount how they got help with everything from scouting a location to understanding local work culture.

Stockholm ranks as the most popular destination for international retailers in the Nordic region. To maintain this position, Invest Stockholm and Stockholm Fashion District aim to merge the city’s strengths to create a vibrant playground for an industry in transformation. Sustainability and tech are driving change in the fashion industry and Stockholm is leading the way.