SOCIETY / BUSINESS

Sweden: Formal audiences at the Royal Palace of Stockholm

NordenBladet — On Friday 6 April, The King received four new foreign ambassadors during formal audiences at the Royal Palace of Stockholm.

The new ambassadors were Tanzania’s ambassador Willibrod Peter Slaa, Kyrgyzstan’s ambassador Bolot Isakovich Otunbaev, Mauritania’s ambassador Abdellahi Bah Nagi Kebd and Cambodia’s ambassador Soeung Rathchavy.

At the ceremony, the ambassadors submit their credentials – a document from their head of state – to The King, who then grants them the formal right to work in Sweden.

Formal audiences follow a traditional ceremony. The ambassador is collected in one of the Royal Stables’ carriages from the Ministry for Foreign Affairs, and is taken to the Royal Palace of Stockholm. The King and the ambassador then talk in private for around fifteen minutes.


The new ambassadors are transported by horse and carriage to the Royal Palace of Stockholm. Photo: Henrik Garlöv/royalcourt.se


Cambodia’s ambassador is received by Crown Equerry Ulf Gunnehed. Photo: Henrik Garlöv/royalcourt.se


Mauritania’s ambassador at the East Gate. Photo: Henrik Garlöv/royalcourt.se


The King receives Cambodia’s ambassador Soeung Rathchavy. Photo: Lisa Raihle Rehbäck/royalcourt.se


The King receives Kyrgyzstan’s ambassador Bolot Isakovich Otunbaev. Photo: Lisa Raihle Rehbäck/royalcourt.se


The King receives Mauritania’s ambassador Abdellahi Bah Nagi Kebd. Photo: Lisa Raihle Rehbäck/royalcourt.se


The King receives Tanzania’s ambassador Willibrod Peter Slaa. Photo: Lisa Raihle Rehbäck/royalcourt.se


Tanzania’s ambassador leaves the Royal Palace of Stockholm in the Royal Stables’ car. Photo: Henrik Garlöv/royalcourt.se

Featured image: The King arrives at the Royal Palace of Stockholm for the formal audiences. (Photo: Henrik Garlöv/royalcourt.se)
Source: Swedish Royal Court

Find us also on Twitter: @NordenBladet

 

The King and Queen attend the 71st Baden-Powell Fellowship Event in Mexico

NordenBladet — From Thursday 22 to Saturday 24 March, The King and Queen took part in a Scout trip with the Baden-Powell Fellowship to Mexico City, Mexico. The meeting was arranged by the World Scout Foundation, of which The King is Honorary Chairman. The Mexican Scout Movement has grown rapidly in recent years, with more and more members joining local Scout troops.

A seminar was held at the Panamerican University in Mexico City. Here, Scouts from various South American countries talked about some of the projects that have been made possible thanks to funds raised. The participants heard about Mexican Scout troops’ efforts following the hurricanes that struck the country in 2017.

The King mentioned these efforts in his speech at a dinner with the Baden-Powell Fellowship:

“These young men and women truly set an example; not only for their peers, but also for their elders. For us!”


On Mexico City’s Zócalo Square, Scouts built the world’s biggest fleur-de-lis (the symbol of the international Scout Movement) from collected empty cans. Photo: royalcourt.se

On the last day of their visit, The King and Queen took part in a Scouting activity at the National Palace on Mexico City’s Zócalo Square, where 10,000 Scouts worked together to build the world’s biggest fleur-de-lis (the symbol of the international Scout Movement) from collected empty cans.

The Baden-Powell Fellowship

The Baden-Powell Fellowship consists of more than 2,200 people in 70 countries who have donated money to the Scout Movement through the World Scout Foundation, of which The King is Honorary Chairman. The money raised helps to develop the Scout Movement in various parts of the world. The Swedish branch of the Baden-Powell Fellowship has 140 members. Lord Robert Baden-Powell (1857-1941) was the founder of the Scout Movement.

The World Scout Foundation

The World Scout Foundation raises funds for the continued development of the global Scout Movement. Today, there are approximately 50 million Scouts around the world.

Featured image: The King and Queen concluded their visit by taking part in a Scouting activity in Mexico City. (Photo: royalcourt.se)
Source: Swedish Royal Court

Find us also on Twitter: @NordenBladet

 

The Crown Princess visits the Amphibious Regiment

NordenBladet — On Thursday 22 March, The Crown Princess visited the Amphibious Regiment (Amf 1) at Berga.

During her visit, The Crown Princess learnt about the regiment’s operations and had the opportunity to try combat shooting and throwing a live hand grenade.

The Crown Princess also joined the basic training company which is currently carrying out the Torleif exercise. The Crown Princess accompanied the soldiers on part of the exercise.

The visit concluded with The Crown Princess carrying out hovercraft training. Under supervision, The Crown Princess controlled the hovercraft for part of the concluding trip between Berga and Lidingö near Stockholm.


Featured image: The Crown Princess practises combat shooting. (Photo: Magnus Lindstedt/The Swedish Armed Forces)
Source: Swedish Royal Court

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The annual Arctic Business Forum introduces the latest business development of the Arctic + PROGRAM!

NordenBladet – The annual Arctic Business Forum introduces the latest business development of the Arctic, investigates global and local trends and future prospects, and offers companies and organizations the chance to present their own business at the forum. The Arctic Europe has been calculated to hold investment potential worth of at least 197 billion euro. The forum offers valuable information about the possibilities and future investment potential of the Arctic region both for the local business representatives and international investors. The aim of the forum is to build networks and relationships among the region’s various business representatives.

The speakers of the Arctic Business Forum are all key representatives and stakeholders from various fields of Arctic industry. The themes addressed cover topics such as business investment potential in the Arctic, business policies and risks, innovation and Arctic cooperation.

PROMOTING ARCTIC BUSINESS
Lapland Chamber of Commerce (est. 1939) is the Northernmost Chamber of Commerce in the European Union. The mission is to create success for business in Lapland and Finland. Representing views and opinions of trade and industry the Chamber is working on better business environment, offering business related services and building networks in order to maintain and enhance business competitiveness. Members of the Chamber include a variety of companies from big industrial companies to SME’s from different industries and branches of business, municipalities and other business related actors.

International cooperation and networking plays an active role of the Chamber activities. The annual Arctic Business Forum introduces the latest business development and future prospects of the arctic, and plays as an arena and meeting point to discuss the opportunities and obstacles of business. Arctic issues being the expertise area of the Chamber it has been involved in the preparation process of the Arctic Economic Council and, it is a member of the Northern Forum.

‪Lapland is the northernmost county of Finland with about 183 000 inhabitants. The total area of the county is 99 000 km2, which equals to 30% of the whole of Finland. Lapland is sharing borders with Sweden, Norway and Russia, altogether 1642 km. There are two international border crossings to Russia, six to Sweden‬ and six to Norway. The six sub regions of Kemi-Tornio, East Lapland, the Valley‬ of Tornio, Northern Lapland, the region of Rovaniemi and Fell Lapland form the region of Lapland.‬ Rovaniemi is the administrative capital of Lapland with‬ appr. 60900 inhabitants. The other cities in Lapland are Kemi, Tornio and Kemijärvi‬.‬

Clean nature and abundant natural resources provide a unique, solid foundation for the business sector in Lapland. The total turnover of Lapland business is over 10 billion euro, which of 34% is from industry. Lapland is the 5th strongest export region in Finland. Forest and metal are the main industrial players although mining and tourism are strongly growing branches of business in Lapland.


Arctic business forum 2018

Investments, Competitiveness & Startups in the Arctic
The 9th Arctic Business Forum will be organized 11. – 12.4.2018 at Kemi Finland, the capital of Arctic Industry.

While embracing the economic cooperation between the Arctic countries, the forum offers also valuable information about the possibilities and future investment potential of the Arctic region both for the local business representatives and international investors. Aim is to scrutinize the future and build network and relationships among region’s various representatives.

The Arctic Europe holds investment potential worth of at least 197 billion euro. In the forum will be presented the latest news in business development in this region. The speakers in the Arctic Business Forum are the key representatives and stakeholders on various branch of Arctic industry. The global and local trends at stake are addressed at the Arctic Business Forum. Moreover, the companies and organizations have a chance to present their own business at the trade show in touch with the forum.

The Arctic Business Forum is organized for the second time at the city of Kemi, which is, together with the city of Tornio, one of the biggest industrial centers in the Arctic region. The region’s future development in forest industry at Kemi and steel industry at Tornio offer various possibilities to SMEs in subcontracting and maintenance.

Welcome to the Arctic Business Forum 2018 to bond with other Arctic business representatives and stakeholders working for the Arctic prosperity.

Venue: City of Kemi, Kemi Cultural Centre (address: Marina Takalon Katu 3, 94100 Kemi)

Program 2018
WEDNESDAY, APRIL 11th

9.00 OPENING SESSION
Mr. Juha Mäkimattila, Chairman of Board, Lapland Chamber of Commerce, Finland
Mr. Tero Nissinen, Mayor of Kemi, Finland
Mr. Sun Liwei, Economic & Commercial Counselor, Embassy of the People’s Republic of China in Finland, China

09.45 CROSS-BORDER CO-OPERATION IN THE EUROPEAN ARCTIC
Mr. Harri Mäki-Reinikka, Ambassador, Senior Adviser, Northern Policies Department of Europe, Finland
Mr. Peter Waara, Chair Haparanda Municipal Council, Sweden
Mr. Anatoly Glushkov, President, Murmansk Region Chamber of Commerce and Industry, Russia

11.30 ARCTIC BUSINESS AND INVESTMENT POTENTIAL IN 2018

Mr. Timo Rautajoki, President & CEO, Lapland Chamber of Commerce, Finland
Mr. Mikå Mered, Professor of Arctic/Antarctic economics & geopolitics – Free Institute of International Relations Studies (ILERI, Paris), France

12.15 NETWORKING LUNCH

13.15 THE GREAT ARCTIC RAILWAY DEBATE
Moderator: Mr. Timo Rautajoki, President & CEO, Lapland Chamber of Commerce, Finland
Keynote: Mr. Pirkka Hartikainen, Area Manager, Sitowise Oy, Finland
Keynote: Mr. Kjell Stokvik, Managing Director, Centre for High North Logistics / Kirkenes, Norway

Mr. Andreas Lind, Business and Development Director, County Administrative Board of Norrbotten, Sweden
Mr. Marko Varajärvi, CEO, Council of Torne Valley, Finland
Mr. Jaakko Ylinampa, Director General, Lapland’s Centre for Economic Development, Finland
Mr. Harri Mäki-Reinikka, Ambassador, Senior Adviser, Northern Policies Department of Europe, Finland
Mr. Kustaa Valtonen, Entrepreneur & Angel Investor, Finland
Mr. Marco Graziotto, Director of Promintergroup AG, Director Arctic Bulk, Italy
Mr Yuri Sekretev, Director of Representative office in Russia, Promintergroup AG and Director of Arctic Bulk AG, Russia

15.30 COFFEE BREAK

16.00 ARCTIC STARTUPS – NEW ENTREPRENEURSHIP CREATES GROWTH

Mr. Kustaa Valtonen, Entrepreneur & Angel Investor, Finland
Mr. Marko Alamartimo, Business Advisor, Growth and International Business at Business Rovaniemi, Finland
Mr. Markus Pellikka, CEO, Santa Water Group, Finland
Mr. Antti Haukipuro, CEO, Suvanto Care, Finland
Mr. Kaj Kostiander, Director, Tornio Brewery, Finland
Ms. Sirly Schinmann, Chef and owner at Aurora Estate – Boutique Hotel and Restaurant, Finland

17.30 END OF DAY 1

20.00 CONFERENCE DINNER

(HOTEL MERIHOVI RESTAURANT, 2ND FLOOR, KESKUSPUISTOKATU 6, 94100 KEMI)
THURSDAY, APRIL 12th

9.30 OPENING SESSION OF THE 2nd DAY
Mr. Timo Vuori, Executive Director at ICC Finland and Executive Vice President Finland Chamber of Commerce, Finland
Mrs. Mirva Antila, Country General Manager, IBM Finland

10.15 COFFEE BREAK

10.45 COMPETITIVENESS IN THE ARCTIC BUSINESS

Mr. Tomi Seppä, Vice President, Kemi Board and Pulp Mill at Metsä Group, Finland
Mrs. Tuula Untinen, Manager-Logistics Services, Outokumpu Stainless Oy, Finland
Mr. Andreas Lind, Business and Development Director, County Administrative Board of Norrbotten, Sweden
Mr. Robert Hess, Vice Chairman, Global Strategy Team Leader, Newmark Global Corporate Services, United States
Mr. Kun Zhang, President of TUNGTAI International Holding Group, China

11.55 SIGNING CEREMONY

12.00 NETWORKING LUNCH

13.00 WHAT IS HAPPENING IN THE EUROPEAN ARCTIC

Ms. Anu Fredrikson, Director, Arctic Economic Council
Ms. Satu Luiro, Senior Advisor in Tourism, Creative industries and Culture, Regional Council of Lapland, Finland
Mrs. Jaana Koivumaa, Manager, Hannukainen Mining Oy
Mr. Vladimir Masloboev, Deputy Chairman of the Kola Science Center of the Russian Academy of Sciences, member of the Board of Directors of the Chamber of Commerce & Industry of the Murmansk Region, Russia
Ms. Clara Dumard, CEO Vaimiti Events – Nautical events in the Arctic, France
Mr. Christian Dumard, CEO – founder at Hokulea – Weather Analysis, France
Other Speakers TBC.

15.00 END OF PROGRAM IN KEMI CULTURAL CENTER

15.15 VISIT TO THE SNOWCASTLE OF KEMI
Duration: 30–45 minutes
Address: LumiLinnankatu, 94100 Kemi

Registration for the visit to the SnowCastle of Kemi at the same time as you will register to the Arctic Business Forum at Kemi Culture Centre. Distance to the SnowCastle from the venue for Arctic Business Forum is approx. 1 kilometer. One guided tour will have 15–20 visitors. Free pass to the tour is for everyone attending the Arctic Business Forum. Welcome to explore the beautiful SnowCastle of Kemi!

WHY is Scandinavia so rich? Why are Scandinavian/Nordic countries so wealthy?

NordenBladet – Probably many people have ever wondered why the Nordic countries are so rich and enjoy a very high standard of living. Nordic countries become richer and year after year increase their international influence, turning Scandinavia into one of the most significant figures in the global economy. This fact surprises many people from all around the world and makes them wonder “why”.

“Scandinavian/Nordic countries climbed the ladder with very different paths. The only thing that is common is the small population & universal education,” tells Balaji Viswanathan, CEO of Invento Robotics to Quora.

Here you can read his views:

?? Sweden:
Like Switzerland, Sweden was able to preserve its neutrality during both the world wars and had a dramatic peace dividend. In the post-war growth, Sweden gained an upper hand with its intact production and labor.

?? Norway:
Norway is the Saudi Arabia of Europe. Its population that could fit in a New York Borough or a Tokyo suburb, is blessed with an enormous oil reserve. Just like other small oil republics such as Kuwait, Brunei and UAE, Norway is able to provide high welfare levels to its citizens. Mix Hard working population + abundant resources and you get a recipe for high growth.

During the time of great depression it escaped a lot of harm by ditching the gold standard quite soon (Keynes attributes to the long nature of depression in other countries due to the hard money standards). However, its biggest growth phase came post 1970s when oil prices shot substantially. Read more about The Economic History of Norway.

?? Finland:
Unlike its other Nordic neighbors, Finland was an economic backwater until a couple of decades ago. Since then its investments in electronics & heavy industries paid off. Nokia, Rovio Mobile (makers of Angry Birds) and KONE elevators call Finland their home.

Like Israel, Finland has a small and a well-knit population of well educated people. This strength enabled it to grow strong in the service & the information revolution since the 1980s.

?? Denmark:
Unlike the other Nordic countries, Denmark has been a rich country for centuries. It was a major colonial power and its proximity to Netherlands & Britain helped the ideas move there quite quickly. Like Sweden, it stayed neutral during the wars and some of the damage was averted. Although it was occupied by Germany in WW-II, there was not too much of the destruction. Read more about it here: An Economic History of Denmark.

“Each of the four Scandinavian countries are different, and I think I’ll explain each one separately. It is a common misconception to think that all four countries got wealthy the same way, and that’s not true, but what’s true is that their current post-wealthy policies are pretty similar,” tells Stephen Kumar to Quora.

Here you can read his views:

?? Sweden:
Sweden started developing its industries from an agrarian society and had become an industrialised country by WWII. A communist revolution had been avoided in 1917 and Sweden became a parliamentary democracy. After the war, Sweden took advantage of its prior industrialization and joined the OECD and the Marshall Plan. It attracted big companies and slowly became richer until the sector transferred from secondary industries to tertiary industries. However, Sweden suffered from economic crisis and decline in the late 80s and early 90s. It joined the EU and its economy today has been boosted by migrant workers. Sweden is not successful that much economically, but it has been great at treating its citizens apparently.

?? Norway:
Norway has “extensive reserves of petroleum, natural gas, minerals, lumber, seafood, fresh water and hydro-power”. Norway was a normal country (as were most Scandinavian countries) until the Philips Petroleum Company discovered oil offshore, and today oil accounts for a quarter of Norway’s GDP. It is also to be noted that Norway would have probably been a pretty rich country without oil, noting that the number of workers in industry peaked in 1975, just after the discovery of oil.

?? Finland:
Finland is a peculiar case. Its economy was not too great until 1991, when it plummeted due to the loss of its main trading partner, the Soviet Union. The depression reached its trough in 1993 and Finland has experienced huge net economic growth since then. Its GDP per capita has taken a long jump-esque leap to USD $46000. It has a population about 5 million and has a reputation for the Nordic system of democracy and economic success.

?? Denmark:
Denmark was one of the founding members of the United Nations and the EFTA (European Free Trade Organisation). It experienced great economic growth due to its flexi-security model, which allows employers to start a business easily and hire and fire at will while the unemployed are supported by a strong Nordic safety net. Denmark also has many degree-holders and free-trade supporters who support this model and Denmark is the easiest place in Europe to start a business.

Here we´ll list 8 more reasons, why Scandinavia is so rich:

1st reason: One of the hallmarks of the Nordic countries is the combination of large area and small number of people living there. In Scandinavia are some of the larger European countries that are also among the countries with the lowest population density in the world. The considerable wealth of these countries is easily distributable among the sparse population. This means that the population has very high GDP (gross domestic product) per capita. For these countries is relatively easy to satisfy their own needs and at the same time to export high quality goods and services.

2nd reason: The Scandinavian countries have a favorable economic occupation. Their neighbors are large and highly developed countries (Germany for example). These countries are bordered by the Atlantic and Arctic Oceans, North and Baltic Seas. These waters are extremely rich in fish and in many places, especially along the coast of Norway, there are significant deposits of oil. The long coastline favors the development of water transport. Not accidentally for centuries the Scandinavians have always been known as exceptional sailors.

3rd reason: The Scandinavian countries are specialized in the production of a given product or service, occupying a specific market niche in the world. Norway is a global manufacturer of oil that is extracted from the bottom of the North Sea. Sweden is known for its high quality steel, paper and automobiles and Finland is one of the world’s leading manufacturers of mobile phones. Despite its small territory, Denmark is among the leading food producers in, as well as one of the world leaders in the production of renewable energy. Iceland is famous for the export of fish and fishery products from the rich Arctic waters.

4th reason: Sweden, Norway, Finland, Denmark and Iceland are countries with cold and dark climate. Because of this reason the lifestyle is absolutely different in comparison with the summer holiday atmosphere which prevails in South Europe. In most of the year the weather conditions in the Nordic countries are too unfavorable. This causes people to find indoor activities, to indulge in work, learning and other forms of self-perfection in order to go faster through the freezing and depressing winter months. The cold climate has built a completely different habits in the Nordic people. In the Mediterranean countries, because of the hot and lazy weather during the summer season people spend a lot of time outdoors. This leads to more time for socializing and less time for working and learning. The sun makes people seek entertainment. The unbearable summer heat, especially in July and August, makes people almost unable to work.

5th reason: To a large extent the wealth of the Scandinavians is a result of financial and tax policy. Nobody can deny that it is important not only how exactly developed is the country, but also what kind of wealth distribution policy is being held. In the modern western societies and states, of course, the role of countries in the income redistribution is relatively small. As a whole the government intervention is considered to be very unfair and unpopular. To a large extent the government intervention into the economy is limited to the imposition of taxes. That is the main lever, which has made countries like Sweden, Norway, Finland, Denmark and Iceland so successful. Taxes in the Nordic countries are very high. Most benefited of this social policy are poor, elderly, unemployed, young and still vulnerable people (e.g. students) and low-income people. The wealthy residents of the Nordic countries are not particularly happy with the fact that they have to be separated by significant part of their incomes. Besides the fact that Scandinavia assists people with lower incomes, it invests also large sums of money in science, health and development of high technology, which guarantees future success of the region. When the state on one hand takes care of people to be healthy, educated and confident in their future, they on the other hand make it up by developing the full potential of their capabilities, regardless of what they can do. Thus, generally speaking, the Nordic countries form strong nations consisted of ambitious, confident and calm people and this is probably the biggest wealth of these countries.

6th reason: Sweden, Finland and Denmark are members of the European Union and Iceland is in talks to join. Only Norway is not a member of EU but maintain very close economic relations with the community. The EU membership and partnership is a very solid foundation for economic development of the Nordic countries. It is encouraging for them to know that they can rely to the support of the biggest market in the world. The European Union is a guarantee that countries will never be “hungry” for high and low skilled workers. It is also a guarantee that goods and services producing in these countries will have a much bigger market in comparison with their own.

7th reason: The Nordic states enjoy an outstanding order, security and peaceful way of life. It will not be an exaggeration to say that these are the countries with the lowest crime rate in the world. This in turn is a really good advertising and attracts numerous investors. Scandinavia is a region where people have very high confidence in the judiciary and police, which is a very good basis for development of stable society. Perhaps this is the right place to mention that in the Nordic countries alcohol consumption is quite limited due to the highly inflated prices. This fact with certainly has its positive impact on crime.

8th reason: Equal treatment is also among the leading causes that put Scandinavia on top of the world’s wealth and quality of life. And this is not only a question of ethnic and religious equality. It comes also to gender equality. Sweden is known as the country in the world where women rights are most respected. Iceland on the other hand is first in the world according to important state positions in the country, occupied by women. The equality between men and women causes very positive impact on the economy. Because of this reason the population in the Nordic countries is more functional economically.

Featured image: Sweden, Stockholm (NordenBladet/Helena-Reet Ennet)

Read also:
WHO ARE rich in Scandinavia? List of Nordic dollar billionaires (Forbes’ 2017-edition of the world’s billionaires)

Scandinavian media mogul Helena-Reet Ennet: MY JOURNEY TOWARDS BECOMING A BILLIONAIRE or How to join the world’s most elite group of people?

24-year-old Gustav Magnar Witzøe is Norway’s richest with a capital of NOK 11.1 billion

TOP 10 Scandinavian media groups – Bonnier, Sanoma, MTG, Schibsted, Egmont, Aller, YLE, Otava, Alma, NordenBladet

 

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WHO ARE rich in Scandinavia? List of Nordic dollar billionaires (Forbes’ 2017-edition of the world’s billionaires)

NordenBladet – According to Forbes’ 2017-edition of the world’s billionaires the world’s richest person is still Bill Gates, with a combined wealth of almost $87 billion dollars. Biggest gainer was Amazon founder Jeff Bezos, who grew his wealth by almost $3 bn in a year. But who are wealthy in Scandinavia? The list also contains 58 people from the Nordics, more than half of them from Sweden. Meanwhile, Norway, with 14 billionaires, has one more than Finland and Denmark combined.

This year, Sweden saw five new billionaires enter the list, whereas oil & gas billionaire Mika Anttonen (ST1) was Finland’s only new entry. Denmark stayed the same, while Norway had investor Svein Stole and cruise magnate Torstein Hagen enter the list.

The region’s biggest family dynasties are duly represented on the Forbes list. H&M, IKEA and Tetra Laval family members take up more than a third of Swedish spots; elevator giant KONE’s inheritors dominate the Finnish list; and Norwegian investment company Ferd’s inheritors Alexandra and Katharina are the world’s youngest billionaires. The third youngest, 23-year old Gustav Magnar Witzoe, is also Norwegian.

The richest Nordic person on the Forbes list is LEGO Group’s former president and CEO, Kjeld Kirk Kristiansen from Denmark. His estimated net worth is $21,2 billion.

Here are the Nordics dollar billionaires 2017, according to Forbes:

Sweden – 31 billionaires

(*Ingvar Kamprad  ­­– $69 bn – 90 years – IKEA) (Died: January 27, 2018)

Stefan Persson ­– 19,6 bn – 69 – fashion (H&M)

Hans Rausing – 12,5 bn – 90 – packaging (Tetra Laval)

Frederik Paulsen – 6,8 bn – 66 – healthcare (Ferring)

Melker Schörling – 6,8 bn – 69 – investments (Securitas)

Jörn Rausing ­– 6,1 bn – 57 – packaging (Tetra Laval)

Finn Rausing – 6 bn – 62 – packaging (Tetra Laval)

Kirsten Rausing ­– 6 bn – 64 – packaging (Tetra Laval)

Antonia Ax:son Johnson – 5,5 bn – 73 diversified (Axel Johnson) Johnson)

Dan Olsson – 5 bn – 70 – diversified

Fredrik Lundberg – 4,1 bn – 65 – real estate, investments

Bertil Hult – 4 bn – 76 – education (EF Education First)

Gustaf Douglas – 3,3 bn – 79 – investments

Lottie Tham – 3,2 bn – 67 – fashion (H&M)

Carl Bennet – 2,5 bn – 65- investments

Stefan Olsson – 2,3 bn – 68 – diversified

Charlotte Söderström – 2,2 bn – 40 – fashion (H&M)

Karl-Johan Persson – 2,1 bn – 41 – fashion (H&M)

Tom Persson – 2,1 bn – 32 – fashion (H&M)

Erik Selin – 2,1 bn – 49 – real estate

Torbjörn Törnqvist – 2,1 bn – 63 – oil trading (Gunvor)

Madeleine Olsson Ericksson – 1,9 bn – 72 – diversified

Markus Persson – 1,4 bn – 37 – computer games (Mojang)

Thomas Sandell – 1,3 bn – 56 – hedge funds

Carl Douglas – 1,2 bn – 55- investments

Eric Douglas – 1,2 bn – 48 – investments

Louise Lindh – 1,1 bn – 37 – investments

Katarina Martinson – 1,1 bn – 35 – investments

Mathias Kamprad – 1 bn – 47 – IKEA, IKANO

Jonas Kamprad – 1 bn – 51 – IKEA, IKANO

Peter Kamprad – 1 bn – 52 – IKEA, IKANO

Erik Paulsson – 1 bn – 75 – construction, real estate

*Not officially on Forbes list.

Denmark – 6 billionaires

Kjeld Kirk Kristiansen – $21,1 bn – 69 years – retail, (LEGO)

Anders Holch Povlsen – 6,3 bn – 44 – Fashion (Zalando)

Niels Peter Louis-Hansen – 3,8 bn – 69 – Medical devices (Coloplast)

Lars Larsen – 3,5 bn – 68 – Retail (Jysk)

Hanni Toosbuy Kasprzak – 2,4 bn – 59 – Shoes (ECCO)

Martin Moller Nielsen – 1,5 bn – 52 – aircraft leasing (Nordic Aviation Capital (NAC))

Finland – 7 billionaires

Antti Herlin – $3,5 bn – 60 years – Elevators (KONE)

Heikki Kyöstilä – 2,1 bn – 71 – Dental products (Planmeca)

Antti Aarnio-Wihuri – 1,9 bn – 77 – Diversified

Mika Anttonen – 1,4 bn – 50 – oil & gas

Niklas Herlin – 1,4 bn – 53 – Elevators (Died: October 10, 2017)

Ilkka Herlin – 1,4 bn – 58 – Elevators

Ilona Herlin – 1,2 bn – 52 – Elevators

Norway – 14 billionaires

Odd Reitan – $5,3 bn – 65 years – Retail, real estate

Johan Johansson – 3,3 bn – 50 – Grocery Stores (NorgesGruppen)

Andreas Halvorsen – 3,1 bn – 55 – hedge funds

Kjell Inge Rokke – 2,9 bn – 58 – shipping, seafood

Arne Wilhelmsen – 2,8 bn – 86 – cruise ships (Royal Caribbean Cruises)

Svein Stole – 2,6 bn – 53 – investments (Pareto Group)

Caroline Hagen Kjos – 2,5 bn – 33 – conglomerate

Stein Erik Hagen – 2,3 bn – 60 – consumer goods (Canica)

Petter Stordalen – 1,6 bn – 54 – hotels (Nordic Choice Hotels)

Gustav Magnar Witzoe – 1,6 bn – 23 – fish farming

Alexandra Andresen – 1,2 bn – 20 – investments

Katharina Andresen – 1,2 bn – 21 – investments

Torstein Hagen – 1 bn – 74 – cruises (Viking cruises)

Alexander Vik – 1 bn – 62 – investments

Look also:
List of Swedes by net worth: https://en.wikipedia.org/wiki/List_of_Swedes_by_net_worth
List of Finns by net worth: https://en.wikipedia.org/wiki/List_of_Finns_by_net_worth
List of Danes by net worth: https://en.wikipedia.org/wiki/List_of_Danes_by_net_worth
List of Norwegians by net worth: https://en.wikipedia.org/wiki/List_of_Norwegians_by_net_worth

Featured image: Odd Reitan from Norway (NordenBladet)

Read also:

Scandinavian media mogul Helena-Reet Ennet: MY JOURNEY TOWARDS BECOMING A BILLIONAIRE or How to join the world’s most elite group of people?

24-year-old Gustav Magnar Witzøe is Norway’s richest with a capital of NOK 11.1 billion

TOP 10 Scandinavian media groups – Bonnier, Sanoma, MTG, Schibsted, Egmont, Aller, YLE, Otava, Alma, NordenBladet

WHY is Scandinavia so rich? Why are Scandinavian/Nordic countries so wealthy?

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Sweden: The King holds an audience with the President of the National Assembly of Serbia

NordenBladet — On Tuesday 20 March, The King held an audience with the President of the National Assembly of Serbia Maja Gojković at the Royal Palace of Stockholm.

During her visit to Sweden, Ms Gojković also held meetings with Minister for Foreign Affairs Margot Wallström and Eva-Louise Erlandsson Slorach, Chair of the Municipal Council of the City of Stockholm.

Featured image: The King with President of the National Assembly of Serbia Maja Gojković during the audience at the Royal Palace of Stockholm. (Photo: Henrik Garlöv/royalcourt.se)
Source: Swedish Royal Court

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Sweden: General Jarmo Lindberg receives the Order of the Polar Star from The King

NordenBladet — On Monday 19 March, Commodore of the Finnish Defence Forces General Jarmo Lindberg was awarded the rank of Commander 1st Class of the Royal Order of the Polar Star.

General Lindberg was awarded the Royal Order of the Polar Star with the following motivation:

In recognition of meritorious services in the military cooperation between Finland and Sweden, HM The King has decided to award the Commodore of the Finnish Defence Forces, General Jarmo Lindberg, the rank of Commander 1st Class of the Royal Order of the Polar Star.

The King confers orders on foreign citizens following proposals from the Swedish Government.


The Vice Chancellor of the Royal Orders reads the motivation for the conferral of the order in Princess Sibylla’s Apartments at the Royal Palace of Stockholm. Photo: Henrik Garlöv/royalcourt.se

Featured image: The King presents the Order of the Polar Star to General Jarmo Lindberg during a ceremony at the Royal Palace of Stockholm. In the background is Supreme Commander General Micael Bydén. (Photo: Henrik Garlöv/royalcourt.se)
Source: Swedish Royal Court

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Advisory Council on Foreign Affairs at the Royal Palace of Stockholm

NordenBladet — On Tuesday 20 March, an Advisory Council on Foreign Affairs was held at the Royal Palace of Stockholm. The Council is a consultation group between the Riksdag and the Swedish Government, presided over by The King. The Council consists of the Speaker and nine other members from the Riksdag, together with nine deputies.

The Advisory Council on Foreign Affairs is convened by the Government. According to the Swedish Constitution, “The Government shall keep the Advisory Council on Foreign Affairs continuously informed of those matters relating to foreign relations which may be of significance for the Realm, and shall confer with the Council concerning these matters as necessary.”

The Crown Princess attends the Advisory Council on Foreign Affairs.


The Advisory Council on Foreign Affairs in Queen Lovisa Ulrika’s Dining Hall at the Royal Palace of Stockholm. Photo: Henrik Garlöv/Royalcourt.se

The Advisory Council on Foreign Affairs in the Swedish Constitution:

§11 The Government shall keep the Advisory Council on Foreign Affairs continuously informed of those matters relating to foreign relations which may be of significance for the Realm, and shall confer with the Council concerning these matters as necessary. In all foreign policy matters of major significance, the Government shall confer with the Council, if possible, before making its decision.

§12 The Advisory Council on Foreign Affairs consists of the Speaker and nine other members elected by the Riksdag from among its members. More detailed rules concerning the composition of the Council are laid down in the Riksdag Act.

The Advisory Council on Foreign Affairs is convened by the Government. The Government is obliged to convene the Council if at least four members of the Council request consultations on a particular matter. Meetings of the Council are presided over by the Head of State or, in his or her absence, by the Prime Minister.

A member of the Advisory Council on Foreign Affairs and any person otherwise associated with the Council shall exercise caution in communicating to others matters which have come to his or her knowledge in this capacity. The person presiding over a meeting of the Council may rule that a duty of confidentiality shall apply unconditionally.


Featured image: The King with the Speaker Urban Ahlin and the other members of the Advisory Council on Foreign Affairs. (Photo: Henrik Garlöv/Kungahuset.se)
Source: Swedish Royal Court

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WHAT is a Virtual Assistant and what do they do? 12 most commonly asked questions about VA

NordenBladet – Nowadays, especially when looking at job offers, you can often meet the expression Virtual Assistant (VA). Since this is not a very common expression in Scandinavia, you may inevitably have questions: What is it? What is a virtual assistant and what do they do? What is the job description of a virtual assistant? What does a virtual office assistant do? etc.

Virtual assistant may mean:

1) Virtual assistant (occupation), a human. A virtual assistant is generally self-employed and provides professional administrative, technical, or creative assistance to clients remotely from a home office.
2) Virtual assistant (artificial intelligence), a “bot” such as Amazon’s Alexa, Apple’s Siri, Google Assistant, Microsoft’s Cortana, etc. All these intelligent services offer customers a more intuitive way to interact with the technology they use every day.

1. What is a virtual assistant and what do they do?
Most virtual assistants are contract or freelance workers who do their jobs from home and focus on administrative tasks that are similar to those of an executive assistant or secretary. Websites that specialize in contract workers have thousands of listings for virtual assistants.

2. What is the job description of a virtual assistant?
A virtual assistant (VA) can handle many of the everyday clerical, scheduling, and technical aspects that keep your business operating smoothly. Virtual assistants work remotely from their own location, hence the name “virtual,” and can be based in your city or on the other side of the world.

3. What does a virtual office assistant do?
A virtual assistant (typically abbreviated to VA, also called a virtual office assistant) is generally self-employed and provides professional administrative, technical, or creative (social) assistance to clients remotely from a home office. … Virtual Assistants usually work for other small businesses.

4. What skills do you need to become a virtual assistant?
Being a successful VA isn’t simply helping someone with their admin or supporting their business, it’s knowing how to manage and communicate with them. Here you will find a great article which will help you to understand Virtual Assistant business and Qualities every Virtual Assistant needs to have.

5. What are the tasks of a virtual assistant?
Here are 25 Tasks to Outsource to a General Virtual Assistant

1. Email Management/Filtering
2. Setting up Autoresponders (Aweber, Mailchimp). Compare product features and ratings to find the right Email Marketing Software for your organization. You can read more about Autoresponder Software here and here
3. Booking appointments with clients
4. Following up with clients/customers (sending thank you and other reminder emails)
5. Receptionist duties (answering occasional calls)
6. Calendar Management
7. File Management (organizing files using Dropbox etc)
8. Database building (eg. updating email or contact lists on your CRM)
9. Research on certain topics for blog posts, newsletters or others
10. Personal errands (purchasing gifts for loved ones / family members online)
11. Hotel and Flight Search and Booking
12. Transcription (transcribing voicemail, video or audio, podcasts etc.)
13. Taking down minutes of meetings
14. Creating basic reports (reports on weekly tasks, deliverables, sales)
15. Preparing Slideshows (Powerpoint Presentations)
16. Liaison between you and other team members
17. Recruitment (source for other team members like writers or graphic artists)
18. Set-up Social Media Accounts (Facebook, Twitter, LinkedIn, YouTube, Instagram)
19. Manage and update Social Media Accounts
20. Manage your Blog (Basic WordPress Skills)
21. Publish posts on your Blog (content you provided)
22. Filter and reply to comments on your blog
23. Answering support tickets (with the use of Zendesk)
24. Blog commenting (to increase links to your site)
25. Participating in discussion forums or message boards (more promotion!)

6. How much should I charge as a virtual assistant?
The more experienced a VA is, the more they’ll be up to the challenge—and the higher the rate they’ll be likely to charge. On Upwork, freelance virtual assistants charge an average of $18-35/hour depending on skills and experience.

If your organization is larger with a more “corporate” structure and protocols, it may benefit you to hire a VA with corporate office experience who is more comfortable navigating the ins and outs. Some freelance virtual assistants will list prior office experience, corporate positions, or executive administrative assistant roles in their profiles. This should translate to valuable knowledge that can give them the instincts and skills to handle more demanding work.

7. What is the average salary for a virtual assistant?
Virtual Assistant Salary. Women account for the majority of Virtual Assistants in the United States. The entire group has an average salary of $15.57 per hour. Geographic location and tenure each impact pay for this group, with the former having the largest influence.

8. How much do virtual executive assistants make?
The national average salary for a Virtual Executive Assistant is $56,668 in United States. Filter by location to see Virtual Executive Assistant salaries in your area.

9. How much does it cost to hire a virtual assistant?
Whether you are going to hire a part time virtual assistant or a full-time virtual assistant from an agency, you will have to pay from $ 5 to $ 8 per hour. But if you choose a task-based subscription plan, you will have to pay $15 for an hour of work.

10. What is a virtual receptionist?
Virtual receptionists are contract workers and they perform many of the same tasks as traditional receptionists handle. They can take messages, handle phone calls, make follow up phone calls, manage your schedule and more.

11. What is the voice assistant?
A voice assistant is a digital assistant that uses voice recognition, natural language processing and speech synthesis to provide aid to users through phones and voice recognition applications.

Voice assistants are used in help and service phone lines, smartphones and other places to assist users with tasks, including:

a) Listening to an audiobook.
b) Requesting information, similarly to inputting a search query.
c) Making reservations.
d) Adding items to a shopping list.
e) Performing mathematical calculations.
f) Playing music.

12. How can virtual assistants make your life at work easier?
Virtual assistant services can be incredibly useful to help you get more work accomplished, become organized, or just free up time so you can sit down and relax. Here are 5 Ways Virtual Assistant Services Make Your Life Easier.

People also ask:
What is contract workers/ contract employee?
An employee who works under contract for an employer. A contract employee is hired for a specific job at a specific rate of pay. A contract employee does not become a regular addition to the staff and is not considered a permanent employee.

What does it mean to be a contract employee?
Type of Relationship. A worker can have a contract stating he is an employee, but that alone does not define the worker’s status. A company pays benefits such as insurance, pensions, vacations and sick days to employees, while independent contractors generally do not receive such benefits.

Are contract workers considered employees?
Generally, you must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to an employee. You do not generally have to withhold or pay any taxes on payments to independent contractors.

What is classified as contract labor?
Contract labor is the use of independent contractors. From a tax perspective, the difference between contract labor, or an independent contractor, and an employee is day and night.

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