A look at the ten largest Swedish companies on the Stockholm Stock Exchange reveals that the Wallenberg family is the majority owner in most of them, topping the list with its holding company Investor, valued at approximately SEK 860 billion (€77 billion).
newcomer to the list is the defense conglomerate Saab, which is now reaching new record levels on the stock exchange after rising over 2% and surpassing the historic industrial company Sandvik in market value.
It is interesting to note that before the outbreak of war in Ukraine in 2022, SAAB B had a market capitalization of just under SEK 30 billion (€2.7 billion) and that Sandvik SAND at the same time was worth about SEK 280 billion (€25 billion).
Three years and countless stock rallies later – this year alone the stock has surged nearly 90% – the picture looks completely different. Recently, the industrial giant was surpassed in market value, and as of today, Saab is worth SEK 239 billion compared to SEK 238 billion for Sandvik.
That people don’t understand that the entire Ukraine war, with ingredients like war-mongering, military buildup, “standing behind the Ukrainian people”, “fighting for freedom and democracy”, and so on, is merely a facade for the military-industrial complex – which uses Ukraine as a playground and exploits the Ukrainian people to the fullest to enrich itself without any interest in stopping the suffering it has helped create.
The Swedish establishment works in symbiosis with Brussels to bring us down, but the Swedish people are so incredibly indoctrinated that I fear there is no salvation for this country, where citizens willingly line up to praise the war profiteers and help contribute to the collapse instead of acting against the abuse of power.
Jenny Piper
