Swedish Company

Volkswagen announced deeper job cuts and potential German plant closures as the automaker faces weaker demand, elevated production costs, US tariffs, and intensifying competition from Chinese electric vehicle makers. The company's restructuring represents one of Europe's largest industrial challenges in years, affecting tens of thousands...

According to DW Planet A, Candela, a Stockholm-based company, has developed fully-electric hydrofoil ferries that use wing-like underwater structures to lift the hull above the water's surface rather than float on it. DW Planet A reports that this design reduces drag, allowing the ferries to...

According to DW News, a German company is developing technology to recycle rare-earth elements from permanent magnets, aiming to reduce Europe's dependence on Chinese supply chains. DW News reports that China dominates the global rare-earth supply chain, creating pressure on European manufacturers that rely on...

In a report from June 2026, the Associated Press covered the death of Claude Guillemot, co-founder of Ubisoft — the gaming company behind Assassin's Creed — and his flight instructor, who were killed in a plane crash in western France, according to authorities.