7 Swedish Companies That Are Massively Successful

7 Swedish Companies That Are Massively Successful

By  rumourjuice.com

Sweden is the home of many successful innovative companies. According to British Wired Magazine, Sweden's economy is the most digitally connected in the world, and its forward-thinking culture encourages innovation.

Ikea, H&M, and Spotify are all well-known Swedish brands, but there are other products out there that might not be as commonly associated with the Scandinavian society.

Here’s a list of eight Swedish Companies that are massively successful

1. H&M

8 Swedish Companies That Are Massively Successful

8 Swedish Companies That Are Massively Successful

Opened in 1947 as a women’s clothing shop called Hennes in Västerås, founder Erling Persson later acquired hunting and fishing equipment store Mauritz Widforss, formally changed its name to Hennes & Mauritz, and added men’s and kids’ clothing in 1968.

Since then, the business has expanded to over 2,500 shops around the world selling trendy clothes and accessories at affordable rates. Along with an eco-friendly clothesline, H&M makes sure that its 700 suppliers are audited to meet its code of conduct in terms of child labor and workplace safety issues among other things.

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