For anyone who knows the modern/recent history of Malmö, everyone will know that the city used to be major shipyard town. Used to be very dependent on this industry up until the 90s. This is quite the artifact or an relic of those days, in a ever changing part of Malmö. From industry area to highly modern and residential/office quarters.
I really appreciate the creativity of whoever made this spray painted eye, in using the surface they have. I don't know who made it or when it was made. But updates will come when i do know.