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Economic relations between Sweden and Romania during the Second World War

Bibliographic Data

ID21883049
AuthorsAndreea Dahlquist (Valahia University of Targoviste, corresponding author)
Year2020
Volume12
Issue1
Pages81-112
Publication date2020-08-15
Open AccessYes
TypeARTICLE
VenueThe Romanian Journal for Baltic and Nordic Studies (JOURNAL)
Journal identifiersISSN: 2067-225X • E-ISSN: 2067-1725
PublisherThe Romanian Association for Baltic and Nordic Studies (PUBLISHER)
DOI10.53604/rjbns.v12i1_6
OpenAlexW4206112548
LanguageEN
Citations received2
References cited3

The growth of Swedish-Romanian trade increased after Sweden opened its first diplomatic representation on Romanian soil in Galați (1851), Brăila (1852), Bucharest (1852), and Constanța (1880). In 1922, Sweden and Romania signed the first convention that regulated commerce. Later, in 1929, Romania took a loan of 30 million dollars from a Swedish concern in what proved to be a significant moment in the history of Swedish-Romanian economic relations.During the Second World War, both countries faced difficulties maintaining stable trade as a result of economic pressure from Germany and, eventually, the Soviet Union. Despite the challenges, Sweden succeeded in importing Romanian oil products, fodder, and grains – essential products for their economy – while Romania purchased Swedish agricultural machinery and other technologies.By the end of the war, several Swedish companies had established operations in Romania; among them, internationally recognized companies such as Swedish Matches, Kullager, Elektrolux, L.M. Ericsson, and Elektro-Invest

Business · Economic history · Economic policy · Economics · Economy · European union · Political science · Romanian · World War II · Global Trade and Competitiveness · Law

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Citations per year0.5
Citation span2022 - 2023 (2)
Highly citedNo

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