Abba to write theme for Eurovision Song Contest

'We Write the Story' will be performed at this year's event in Sweden on May 18

Abba’s Benny Andersson and Bjorn Ulvaeus have written the theme for this year’s Eurovision Song Contest, organisers have announced.

The pair have teamed up with Swedish DJ and producer Avicii to pen the theme for the annual event, which will take place in Malmo, Sweden on May 18, the BBC reports. The track, titled ‘We Write the Story’ will be performed for the first time on at the event, which is being hosted in Sweden this year for the fifth time after singer singer Loreen won last year’s competition with the track ‘Euphoria’.

“We are extremely delighted to announce that Benny, Bjorn and Avicii have accepted to compose a unique piece of music for the 2013 Eurovision Song Contest,” executive producer Martin Osterdahl said.

Andersson and Ulvaeus said they agreed with SVT’s vision for the contest. “This led us on to the assignment to collaborate with Avicii on a piece of mutual understanding and fellowship,” they commented. “It’s a lot of fun and very inspiring.”

Andersson and Ulvaeus made up half of Abba alongside Agnetha Faltskog and Frida Lyngstad. The band were made famous after winning the contest with their hit ‘Waterloo’ in 1974. Last year, ABBA’s greatest hits collection ‘Gold’, was named the UK’s all-time best selling CD, shifting four million copies.