Flygbild Stockholm
Photo: Stockholm Visitors Board

"This is fantastic news and a clear sign that the Stockholm region is seen as strong and competitive," says Mayor of Stockholm Sten Nordin, according to Stockholm City's news site.

The site also reports that Stockholm was awarded first prize in the category Quality of Life, whilst the region received second prize for Business Friendliness and third prize in the category Economic Potential.

The fDi ranking is based on information from 253 European cities and 110 regions. It compares cities on seven factors: economic potential, human resources, cost effectiveness, quality of life, infrastructure, business friendliness and promotion strategy.

fDi Magazine is an English-language bi-monthly news and foreign direct investment publication owned by The Financial Times Ltd and edited in London.

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