Stockholm is the capital city where over a million people live, which makes it one of the largest in Scandinavia. Business is thriving in Stockholm, and almost 50% of Swedish companies have headquarters here. The tertiary sector creates the vast majority of jobs in the city -around 85%. Sustainability is a top priority for the city government, and it is the vanguard of green technology. Such companies as Electrolux and Ericsson aim to produce energy-efficient devices and minimize the negative impact on nature. Together with other hi-tech companies, they form Information and Communications Technology Cluster - Kista Science City - leading in Europe and third largest in the world. The city is home to another biggest European hub -the Norrsken House, which provides workspace and serves as a meeting venue for forward-thinking social entrepreneurs from all over the world, who strive to change the world to the better.
The Kista area is about 10 km north of the inner city. It offers affordable and modern office space for rent, which has attracted many companies in the recent years: Nokia, Microsoft, Huawei, etc. The area is still developing, and soon there will be even more “green” offices here. One of the most interesting projects within Kista Science City is Stockholm Data Parks, which aims to eliminate heat waste. No fossil fuel will be used after 2040 thanks to data centers. With all these efforts in mind, it is not surprising that even now, Stockholm is one of the cleanest cities in the world with the longest life expectancy in Europe.
The city center is subdivided into four districts: Södermalm, Norrmalm, Kungsholmen, and Östermalm. Norrmalm or the City is the heart and the CBD of Stockholm. It was renovated in the 1960-ies, and new office buildings were erected. The area also has many boutiques and shopping malls as well as restaurants and clubs. The Stureplan square is the most luxurious shopping location in the city. It also boasts bustling nightlife. Norrmalm has another advantage for business tenants - its proximity to the Stockholm Arlanda Airport (just 20 minutes by express train).
Kungsholmen is the newly popular business area, especially its part called Lindhagen, where Swedish construction corporation Skanska is headquartered. Östermalm is the symbol of prestige with elite office space for lease.
The city is built on 14 islands and connected by 57 bridges. However, there are approximately 30,000 islands and islets in Stockholm archipelago, which covers the area of 140 kilometers. Only 150 of them have inhabitants. However, many people visit the islands in summer months and some have holiday homes here. Stockholm is also famous for its Gamla Stan – the beautiful medieval center, from which the modern city started its growth in the 13th century. The Royal National City park contributes to the city’s green image and is one of the most favorite recreational spots for Stockholmers. The city is often associated with the Nobel Prize, which is awarded during the annual ceremony at Stadhuset (City Hall), followed with a banquet. The Nobelmuseet - one of Stockholm’s 70 museums – offers a multimedia display of the prize history.