Gullspång provided the name for a new municipality created through the local government reform of 1971, but the administration was placed in the more centrally located Hova, with just some minor offices in Gullspång. Due to the long lasting rivalry between Gullspång and Hova the municipality avoids the term centralort. Instead they are called the municipality's two main localities.
Business
A major employer found in Gullspång is Partex Marking Systems, a company that manufactures markers for cables. In Gullspång Fortum also has a hydroelectric power as using the water from Skagern produces electricity. Although Fortum is quite a large employer in the town Gullspång In nearby Otterbäcken is a plywood factory run by Moelven-Vänerply. The plant is capable of producing 95,000 m³ of plywood a year. The company has about 160 employees and is the largest employer in the municipality. Vänerhamn AB, which has cargo ports around the entire Vänern, is a port of Otterbäcken. The port transports several million tonnes of freight each year.
Culture
, a famous Swedish singer who was born and raised in Gullspång, found success with the 2005 song "alla flickor" after it was entered in the Swedish Song Contest. She has participated in the Swedish Song Contest twice after "alla flickor" and has competed with a choir from Gullspång in the high-profile contest Clash of the Choirs. Stikkan Andersson, manager of Swedish pop band ABBA and co-founder of Polar Music, was born in Hova. A statue in the town square of Hova commemorates his accomplishments. From 1939-1954 author Frans G. Bengtsson lived in Ribbingsfors Mansion, just outside Gullspång. There he wrote many of his famous works and left behind many books, writings, and notes which are now located in a designated area of the municipal library.
Salmon
In central Gullspång is a salmon-stair which was built in 2004. It was built to increase the population of salmon. The salmon-stair was made possible by the installation of flood gates which filled the dry area with water.
