Many small companies orientated towards, among other things, IT, bio- and medical engineering, retail trade and logistics, have replaced the large industries. It is no longer shipyard workers who ride their bicycles from the harbour area, but students from Malmö University. Malmö has obtained a new ecological quarter at the Western Harbor, with exciting architecture and environmentally friendly energy solutions.
Malmö is also a multi-cultural city, with a population that speaks more than 100 different languages. Its cultural life is active. Contemporary art, with both national and international orientation, is shown at the Malmö Art Gallery, Rooseum, and Malmö Art Museum. Furthermore, there are about thirty private galleries. Malmö Music Theatre has one of Sweden´s foremost stages for opera and musicals, and the Malmö Symphony Orchestra is internationally recognized.
Malmös beautiful parks and green open spaces are renowned. How many cities can boast over a 1 mile long sand beach with clean water within walking-distance from the heart of the city? Proximity is another distinctive feature of life in Malmö; it is possible to walk to most places and a large part of the centre comprises pedestrian shopping areas.
A highlight during the year is the Malmö Festival, held in August, which draws close to 1.5 million visitors and offers over 900 hours of free entertainment. Traditionally, the world´s largest crayfish party is held at Stortorget on the inaugural evening and a tremendous fireworks display ends the Festival week.