Top 20 companies in Stockholm county, Sweden 2018, by turnover

Top 20 companies in Stockholm county, Sweden as of December 2018, by turnover (in billion SEK)

by Agnete Lundetræ Jürgensen, last edited Aug 9, 2019
Top 20 companies in Stockholm county, Sweden 2018, by turnover The information and communication technology company Ericsson Telefon AB seized the top spot of the ranking of the 20 Stockholm-based companies with the highest turnover in 2018. Ericsson’s turnover reached 201 billion Swedish kronor, closely followed by H&M with a turnover of 200 billion Swedish kronor. Ranked third was the construction and development company Skanska AB, with a turnover of 158 billion Swedish kronor.
Ericsson‘s worldwide expansion

    Ericsson was founded in Stockholm in 1876 by Lars Magnus Ericsson, who started the business as a telegraph repair shop, and later started making his own telephones. Over time the business advanced and eventually developed into a new telephone network. In the late 1980’s the company and its telephone network expanded to markets outside of Sweden, and later even outside of Europe. Nowadays the company has employees all over the world.

Highest revenue from networks

    Today Ericsson is one of the leading information and communication technology providers worldwide, operating within networks, digital services, managed services and emerging businesses (such as 5G, artificial intelligence, automation, VR/AR and edge computing). The source of the highest revenue of Ericsson today comes from networks in North America, reaching over five billion US dollar.
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Top 20 companies in Stockholm county, Sweden as of December 2018, by turnover (in billion SEK)

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