Gothenburg is the second-largest city in Sweden and the fifth largest in the Nordic countries. It is situated by Kattegat, on the west coast of Sweden, and has a population of approximately 580,000 in the urban area and about 1 million inhabitants in the metropolitan area.
Gothenburg is a modern industrial, commercial and event city with a good business climate and is home to many students, as the city includes the University of Gothenburg and Chalmers University of Technology.
Due to Gothenburg's advantageous location in the centre of Scandinavia, trade and shipping have always played a major role in the city's economic history, and they continue to do so. Gothenburg port has come to be the largest harbour in Scandinavia.
Apart from trade, the second pillar of Gothenburg has traditionally been manufacturing and industry, which significantly contributes to the city's wealth. Major companies operating plants in the area include SKF, Volvo (both cars and trucks), and Ericsson. Volvo Cars is the largest employer in Gothenburg, not including jobs in supply companies. The blue-collar industries, which have dominated the city for long, are still important factors in the city's economy, but they are being gradually replaced by high-tech industries. Banking and finance are also important, as well as the event and tourist industry.