Gothenburg was founded by royal charter in 1621 by King Gustavus Adolphus. At the mouth of the Göta älv, the Port of Gothenburg is the largest port in the Nordic countries.
Gothenburg is home to many students, as the city includes both the University of Gothenburg and Chalmers University of Technology. Volvo was founded in Gothenburg in 1927. The city is a major centre in Sweden for sports and home to the IFK Göteborg, BK Häcken, GAIS and Örgryte IS association football teams as well as the Frölunda HC ice hockey team.
Gothenburg is served by Göteborg Landvetter Airport, located 30 km (18.64 mi) southeast of the city centre, and by Göteborg City Airport, located 15 km (9.32 mi) from the city centre.
The city is known for hosting some of the largest annual events in Scandinavia. The Göteborg International Film Festival, held in January since 1979, is the leading film festival in Scandinavia with over 155,000 visitors annually. During the summer a broad variety of music festivals take place, such as Way Out West and Metaltown. Gothia Cup, held every year in Gothenburg, is in regards to the number of participants the world's largest football tournament: in 2011, a total of 35,200 players from 1567 teams and 72 nations participated.