Sweden is known for its social welfare system and has a long history of neutrality, but as Europe races to rebuild its military strength after Russia’s invasion of Ukraine, the Nordic country is emerging as an important player. We take a look at how Saab and Sweden’s broader defense ecosystem have become central to Europe’s rearmament, why the country was better prepared than many of its neighbors, and what its European peers can learn from it.
They always had an vastly outsized defense industry compared to their size, so this isn’t exactly news.
Yeah, on a national level it’s well below it’s peak. Many legacy companies were sold off to foreign groups.
RIP Volvo
Only the automotive part of volvo group is now majority owned by Gheely.
I don’t know the exact current info, it’s very confusing. Some volvo divisions have or are being bought back.
Kulorna ska rulla på längden och tvären