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Ericsson might relocate its HQ

Telecom and network provider, Ericsson, may be moving its headquarters from Sweden to the US. CEO Börje Ekholm has suggested that the company might consider relocating due to Europe’s struggling telecom industry. In an interview with Bloomberg, Ekholm revealed that the company has been shifting investments to north America, where the business climate is more […]

World’s first electric hydrofoil ferry

A new Swedish company, Candela has introduced what it claims to be the world’s first electric hydrofoil ferry which covers the route from Tappström, to Stockholm City Hall, 15km in 30 minutes. Clean and fast electric motors cut time and pollution Using electric motors it literally flies silently one metre above the water cutting the […]