Riddarfjärden
Riddarfjärden (, "The Knight Firth") is the easternmost bay of Lake Mälaren in central Stockholm. Stockholm was founded in 1252 on an island in the stream where Lake Mälaren (from the west) drains into the Baltic Sea (to the east); today the island is called Stadsholmen and constitutes Stockholm's Old Town.
Stockholm
Stockholm is Sweden's financial centre. Major Swedish banks, such as Swedbank, Handelsbanken, and SEB, are headquartered in Stockholm, as are the major insurance companies Skandia, Folksam and Trygg-Hansa. Stockholm is also home to Sweden's foremost stock exchange, the Stockholm Stock Exchange ("Stockholmsbörsen"). Additionally, about 45% of Swedish companies with more than 200 employees are headquartered in Stockholm. Noted clothes retailer H&M is also headquartered in the city. In recent years, tourism has played an important part in the city's economy. Stockholm County is ranked as the 10th largest visitor destination in Europe, with over 10 million commercial overnight stays per year. Among 44 European cities Stockholm had the 6th highest growth in number of nights spent in the period 2004–2008.