Gothenburg is Sweden's second largest city with 550,000 inhabitants and there is almost twice that amount in the Greater Gothenburg area. The economy is diversified with multinational, small and medium enterprises. Major global players include companies in the automotive sector, the pharmaceutical industry and the telecommunications industry. The number of foreign-owned companies has almost quadrupled since the 1990s.
Gothenburg is one of the most research-intensive regions in Europe. Companies in the Gothenburg region invest nearly 20 billion in research and development each year. In Gothenburg there are three science parks, platforms for cross-industry collaboration in the automotive industry, environmental technology, IT built environments and life sciences.
Gothenburg is a logistics hub in the middle of the Nordic capital triangle formed by Stockholm, Copenhagen and Oslo. The Nordic region's largest port and Sweden's second largest airport are also located here. The infrastructure is currently being developed - with a new bridge over the Göta River and new tunnels for both railway and road traffic - which will enable the city center to become denser on a comprehensive level.
Gothenburg has two universities, Chalmers University of Technology and Gothenburg University, with a total of 50,000 students.
Castellum is the largest private owner and manager of commercial properties in the Greater Gothenburg area. The company's holdings are in central Gothenburg and at Lindholmen and in close proximity to major transit routes. Castellum is growing, with new office projects like the one in the international engineering cluster at Lindholmen in Gothenburg and with planned logistics projects in Sweden's best logistics location near the Port of Gothenburg.