Page "Malmö" Paragraph 17

The Swedish financial crises of the early 1990s exacerbated Malmö's decline as an industrial city ; between 1990-95, Malmö lost about 27, 000 jobs and its economy was seriously strained.

However, from 1994 and under the leadership of the new mayor Ilmar Reepalu, the city of Malmö started to re-conceptualize itself as a center of culture and knowledge.

Malmö reached bottom in 1995 and the same year marked the commencement of the massive Øresund Bridge project.

A new university college ( Swedish: högskola ), Malmö University College, was opened in 1998 on Kockums ' former dockside and further redevelopment of the now disused south-western harbor followed ; a city architecture exposition ( Bo01 ) was held in the area in 2001 and its buildings and villas forms the core of a new city district, aimed at the urban middle-class and with attractive waterfront vistas.