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Business

Foreign Contracts Elude Swedish Businesses

Publicerat måndag 21 juni 2010 kl 12.28
Photo: Hasse Holmberg/Scanpix

Sweden's businesses are missing out on more than 1.3 million dollars-worth of foreign contracts each year. And businesses are accusing the government of inaction, according to Swedish Radio News.

Compared to other UN countries, Sweden is in 60th place in terms of winning contracts to supply international organizations with goods and services. Meanwhile, neighboring Denmark ranks tenth.

Complex purchasing procedures and a lack of information from banks are to blame, Samuel Holst, project manager with the Swedish Trade Council, told Swedish Radio News. He said that while Swedish businesses offer quality and environmentally friendly goods, they often carry a large price tag, which can drive potential clients away.

Niklas Kåvius, purchasing expert with the Stockholm Chamber of Commerce, said the Swedish government needs to give companies more information about contracts when they are available. He added that the government should build up cooperation with the UN and pass jobs onto Swedish companies.

Grunden i vår journalistik är trovärdighet och opartiskhet. Sveriges Radio är oberoende i förhållande till politiska, religiösa, ekonomiska, offentliga och privata särintressen.
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