Skandia Named One of Europe’s 10 Greatest Workplaces

January 28, 2002

Fortune magazine has named Sweden’s Skandia as one of the one of the ten “greatest workplaces” in Europe, following a survey of journalists, securities analysts, business school professors, consultants and university students.

Fortune has been publishing yearly lists of America’s 100 top employers for the last twenty years, but this year is the first time the magazine has ranked employers in Europe. Following the initial selection process, the magazine’s panel visited several of the candidate companies. Employees were interviewed in connection with the visits, and finally, the Top Ten list was decided on.”Skandia was the only Swedish company to win this distinction,” said a company announcement.

The company was pleased that Fortune recognized its commitment to create “a corporate culture that encourages employees to innovate and take individual responsibility, and for its tool for developing employees’ intellectual capital and aligning their personal goals with the company’s goals.”

“A corporate culture in which individuals are given the opportunity to develop, be stimulated by their work, and take initiative is a solid foundation for good long-term growth,” stated Lars-Eric Petersson, President and CEO of Skandia. “This distinction is proof that we at Skandia are on the right course.”

Fortune magazine’s top 10 also included another insurer, the Netherlands’s ING Group. L’Oreal, Morgan Stanley, Nokia, Novo Nordiska, Porsche, Pret A Manger, San Raffaele and ST Microelectronics also made the top 10.

Was this article valuable?

Here are more articles you may enjoy.