2015-10-08 15:30

Sweden Wants More Steel Over App Wizards to Fuel Export Rebirth

RIA Novosti/Scanpix
RIA Novosti/Scanpix
The land of music streaming and Candy Crush wants to give good old heavy industry some steel.

After nourishing fast-growing tech and gaming companies like Spotify and King, Sweden plans to boost exports by helping its manufacturing sector regain some of its former shine, says Enterprise Minister Mikael Damberg.

„The only parts of exports that are growing are the creative industries and the service sector, which is good, but it hasn‘t compensated for the drop we‘ve had in regular exports,“ Damberg said in an interview last week. „Total exports need to rise and industrial production is very important.“

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