Swedish East India Company
Defunct Swedish trading company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Swedish East India Company?
Summarize this article for a 10 year old
The Swedish East India Company (Swedish: Svenska Ostindiska Companiet or SOIC) was founded in Gothenburg, Sweden, in 1731 for the purpose of conducting trade with India, China and the Far East. The venture was inspired by the success of the Dutch East India Company and the British East India Company. This made Gothenburg a European Centre of trade in eastern products. The main goods were black pepper, spices, silk, tea, furniture, porcelain, precious stones and other distinctive luxury items. Trade with India and China saw the arrival of some new customs in Sweden. The cultural influence increased, and tea, rice, arrack (a drink made from fermented sap or sugarcane) and new root vegetables started appearing in Swedish homes.[3]
Native name | Svenska Ostindiska Compagniet |
---|---|
Company type | Public company |
Industry | Trade |
Founded | 14 June 1731 (1731-06-14)[1] |
Founder | Henrik König Colin Campbell Niclas Sahlgren |
Defunct | 13 December 1813 (1813-12-13)[2] |
Fate | Dissolved |
Headquarters | , |
Website | www |
It grew to become the largest trading company in Sweden during the 18th century: a total of 132 expeditions were carried out with 37 different ships. The company folded in 1813; nevertheless, it left clear footprints that can still be seen in Gothenburg.[4]