History and purposeErik-Rickard-Malmsten-portrattbilder

The Richard C Malmsten Memorial Foundation was established in 1983 as a generous donation from Erik Malmsten, merchant and grandson of Richard Malmsten, after whom the foundation was named.
Richard Malmsten and Gustaf Bergvall founded Malmsten & Bergvall in Gothenburg in 1877. Over the years, the company grew into the Nordic region’s leading distributor of industrial chemicals and raw materials for plastics. After some time they also founded a subsidiary AB Pharmacia, which became a successful pharmaceuticals company of high repute.

The basic purpose of the foundation is to promote academic economic research and education at the University of Gothenburg.