Geopolitical tensions reshape Swedish manufacturing despite strengthened outlook
Swedish manufacturing companies are entering 2026 with growth expectations, but rising geopolitical tensions, trade tariffs and increasing customer demands are reshaping how they operate, pushing a shift from global to more regional value chains. This is one of the main findings in the latest Manufacturing Report from advisory firm Triathlon Group, based on a survey of Sweden’s 100 largest manufacturing companies.“The outlook is strengthening, but the world has become more uncertain. Companies predict growth, but at the same time are becoming more cautious,” says Fredrik Wadsten, CEO of