This week, Nordic Compass launches, a new pan-Nordic industry alliance for resilience and competitiveness.

The ambition is to move faster than the current European process and turn Nordic industrial strengths into concrete initiatives, aligned between the business community and the Nordic governments.

Initiatives in four critical areas will be presented at the Nordic Compass Summit in Gothenburg on 4-5 November. At the first summit this autumn, the alliance will launch concrete initiatives aimed at the Nordic capital markets, deep tech, defence, and energy that can be implemented and scaled up quickly.

Nordic Compass is chaired by former Prime Minister of Finland, Jyrki Katainen.

The ambition is to strengthen Nordic and European resilience and competitiveness amid rising geopolitical tensions.