Invest in Sweden accused of allegedly presenting exaggerated data


Monday, 13 June 2011
The Swedish government agency, Invest in Sweden, which will has the job of attracting foreign investors to Sweden, has been accused of providing faulty and exaggerated in formation about the contribution of foreign companies to Sweden.

One of such instances is data relating to what it claimed the Chinese have created more jobs in Sweden that was anticipated.
Invest in Sweden argue that ten largest Chinese investment since 2008 has created 600 new jobs, but according to an investigation by the Swedish daily Svenska Dagbladet the Chinese have created rather a meagre 60 jobs in the country


Among other concerns is about the presentation in which invest in Sweden claimed that the purchase of Volvo by the Chinese company Geely created 400 jobs. Investigation carried out by the paper and the Volvo's press officer, Per-Ake Froberg said that he is not sure what the authority intend to when they're talking about that Volvo has created 400 jobs.

“The appointments of 400 people had nothing to do with the deal” said Froberg. Loth Hammar, of the Communications department of Invest Sweden told the newspaper that the figure 400 is an appreciation on their part and that they prefer to make conservative estimates.

But the way the figures were presented did not look like estimates. They seem to represent real facts
By Team

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