Sweden joined the European Union in 1995
Capital city: Stockholm
Population: 9,059,651 (July 2009 est.)
Currency: Krona
Language: Swedish
Aided by peace and neutrality for the whole of the 20th century, Sweden has achieved an enviable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a skilled labour force. In September 2003, Swedish voters turned down entry into the euro system concerned about the impact on the economy and sovereignty. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Privately owned firms account for about 90% of industrial output, of which the engineering sector accounts for 50% of output and exports. Agriculture accounts for only 1% of GDP and of employment. Until 2008, Sweden was in the midst of a sustained economic upswing, boosted by increased domestic demand and strong exports. This and robust finances offered the centre-right government considerable scope to implement its reform program aimed at increasing employment, reducing welfare dependence, and streamlining the state's role in the economy. Despite strong finances and underlying fundamentals, the Swedish economy slid into recession in the third quarter of 2008 and growth continued downward in the fourth as deteriorating global conditions reduced export demand and consumption. On 3 February 2009, the Swedish Government announced a $6 billon rescue package for the banking sector.
GDP - composition by sector
agriculture: 1.6%
industry: 28%
services: 70.5% (2008 est.)
Source: CIA
Latest news on Swedish poultry
09 May 2012 - Chick Master and Anolytech officially signed an agreement for Chick Master to promote and sell the Anolytech water disinfection system for the poultry industry.
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23 Jan 2012 - Aviagen SweChick recently held a series of roadshow presentations in Scandinavian countries, including Sweden, Norway and Denmark to promote the importance of balanced breeding in the broiler industry.
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28 Nov 2011 - M. Eriksson and H. Wall of the Department of Animal Nutrition and Management, University of Agricultural Science, Uppsala, Sweden examined production and health of fast-growing broilers fed diets with and without hemp seed cake (HSC) in organic broiler production.
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26 Aug 2011 - A Virginia Tech faculty member whose decades-long career has contributed to international research on animal genetics and breeding has earned a top honor from a Swedish university.
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07 Feb 2011 - Newcastle disease (NCD) has been detected on a layer farm on the Swedish island of Gotland.
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21 Dec 2010 - Aviagen SweChick, Aviagen’s Swedish business unit, recently held a series of broiler roadshows for customers in Denmark, Norway and Sweden. Overall, the events were attended by over 130 representatives from all parts of the Scandinavian broiler industry.
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26 Nov 2010 - Studies of heavy, fast-growing hens and small, slow-growing hens provide important new knowledge on the origin of the genetic variation that has enabled them to adapt rapidly to new extreme environments.
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29 Sep 2010 - Aviagen has reached an agreement to purchase its Swedish distributor, Lantmännen SweChick AB. The company will be renamed Aviagen SweChick AB and will continue to supply Ross Parent Stock to customers in Sweden, Norway, Denmark and Iceland.
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30 Jun 2010 - Old roosters can still dominate, even when their ability to fertilise eggs drastically declines, new research has shown.
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23 Apr 2010 - Källbergs Industri AB and Rembrandt Foods, INC have united in a strategic partnership to bring functional egg ingredients to the food industry in Europe.
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