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apartments in volume, making us the first in the world to build them that way. Our goal has always been to make housing more affordable. Unfortunately, like the UK, Sweden has seen little progress in producing cheaper apartments. In 1971, the equivalent cost of a square metre of apartment was comparable to the price of a litre of milk. Compared with the early 1970s, the price of constructing apartments is four times higher than other consumption goods, indicating a significant decline in productivity within our industry.
“ To address these challenges, we are leveraging our know-how from other industries that successfully utilise industrial processes and applying those principles to construction. In 2018, we inaugurated Europe’ s largest factory dedicated to producing apartments in high volumes, making it one of the most digitised and automated facilities in our field worldwide. We have since decommissioned our older factory and sold the production line to Canada, where they are trying to follow the same journey that we undertook in the 1990s and early 2000s,” he continues.
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