Professor Göran Roos on the present state of the Economy and future outlook – 4 Nov 2021

Summary and Recording of the Event

With COVID 18 months and counting… Where are we? What is the economic impact on business, trade and investment? Where to from here? 

Once again we were pleased to welcome keynote speaker Professor Göran Roos who gave us an insight into the current state of the world economy and future outlook. The session was moderated by Jonas Lindholm.

      

“We are going to see economic growth but it will be hampered in the short term by supply chain problems (for example semiconductors) and in the medium term by a lack of raw materials and a lack of labour with the right competence”.

In a growing economic system, not only must energy be used to achieve growth, but energy must also be used to maintain the accumulated results of previous growth.

“The biggest transition is the transition to green. That is a fundamental necessity. There is a disconnect between on the one hand what we know scientifically and what we know business wise in terms of what this will take and what the challenges are and on the other hand what is visible in the public and political debate and decisions”.

“We are migrating from a dependency on petroleum to a dependency on metals. This is of course very good for Australia, but it also has some geopolitical consequences and in addition, we have insufficient supply of some of these metals”.

“It is impossible for example to transform all internal combustion engine vehicle production to the production of electric vehicles, using present technology, purely from a raw material standpoint.”

Professor Göran Roos

VIEW AND LISTEN THE ONLINE RECORDING HERE

About the speakers

Professor Göran Roos is a specialist in the field of intellectual capital and an expert in innovation management and strategy. He is an advisor to organisations and governments around the globe and holds visiting professorships in the Australia, UK and Norway.Göran is a CSIRO Affiliate and also a fellow of the Australian Academy of Technological Sciences and Engineering (ATSE) and of the Royal Swedish Academy of Engineering Sciences (IVA). Göran is a specialist in the field of intellectual capital and an expert in innovation management and strategy. He is an advisor to organisations and governments around the globe and holds visiting professorships in the Australia, UK and Norway. Göran is a CSIRO Affiliate and also a fellow of the Australian Academy of Technological Sciences and Engineering (ATSE) and of the Royal Swedish Academy of Engineering Sciences (IVA).

 

Jonas Lindholm is a serial entrepreneur with a big international network, a former Swedish Trade Commissioner and board member of SACC, who has supported +400 Swedish companies to establish & grow their business in Australia. Moved to Australia when employed by the Swedish government to work for the Trade commission in 2007 and was the Swedish Trade Commissioner to Australia & Oceania for over 4 years before starting KingHill in 2015. KingHill’s objective is to foster more international collaboration and trade by supporting companies with market evaluations, facilitating the right contacts locally (both private & governmental) and fast track their full sales process.

 

Keep your eyes on the SACC socials Linkedin and Facebook for further updates as announcements are made about future events, and check out the Recent Events and Webinars page on the SACC website for summaries and recordings of our recent presentations. Please contact us for questions and further information: sacc@swedishchamber.com.au.

SACC Perth WA Member News – Deal to uncork Swedish wine market

Swedish-Australian company and SACC Perth WA Member helping to boost the WA wine export at the same time entering a new sophisticated market.
Western Australia’s wine exports to Europe are set for a major boost after a supply deal to ship 70,000 litres to Sweden. SACC Perth WA Member Atientic Group is exporting 93,333 bottles of MadFish Chardonnay in the December quarter.

It’s a substantial lift in European market exposure, the company says, because it represents 47 per cent of all WA white wine sent to the continent in 2020, about 147,000L.

Wine Australia data shows substantial growth in WA’s wine exports to European markets in the 2021 financial year, with a 24 per cent increase in all wines shipped to the UK, at 2 million litres.

Volumes to Finland increased 8 per cent to 136,000L, and exports to Sweden rose 144 per cent to 69,000L. Sweden’s alcohol market is also unusual in that the government has a monopoly retailer, Systembolaget, which has 420 outlets across the Scandinavian country.

Atientic founder Hamoun Aria told Business News he had hoped to expose the state’s wine industry in Scandinavian markets and believed it would compete favourably with other Australian states.

“The biggest share of Australian wine in Sweden is from South Australia,” Mr Aria said. “Everyone knows a WA wine is a premium wine.

“Sweden previously has never been able to understand the capacity and capability of WA’s wine industry.” It’s not an easy market to crack, however, given the licensing requirements to sell to the government’s retailer. The move comes after tension with China has caused a dramatic reduction in wine shipments to a traditionally massive market for WA and Australia. “As the wine-producing community in Western Australia face the realities of signicantly decreased opportunities in the Chinese market and restricted international tourism due to the pandemic, (Atientic trading as Ecope International) is doing its part to support local businesses enter new markets,” Mr Aria said. “As wine enthusiasts, our business understands the passion that goes into the premium wine produced in Australia. “Our goal is to help bring that passion to international export markets so that overseas consumers and the WA producers and the industry benets.”

Mr Aria was born in Iran, grew up in Sweden, and now lives in WA. During his time in Sweden, he gained experience in commercial shipping and trade, but came to Perth in 2020 with his family, studying an MBA and hoping to start a business. All of that gave him perhaps a unique link to Sweden. “I’ve spent almost 18 years of my life (in Sweden), I started high school in Sweden, I migrated to Sweden from Iran,” he said. “I am speaking the same language, I understand business in Sweden. “That has helped me a lot.” Atientic has a further Swedish export move in progress, with a winery from the Great Southern region.

Read more here: https://www.businessnews.com.au/article/Deal-to-uncork-Swedish-wine-market

Contact: 

Hamoun Aria, Managing Director, Atientic Group PTY LTD

aria@atientic.com