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20 million in support to Northvolt suppliers

» Published: 24 October 2024

20 million in support to Northvolt suppliers
Photo: Magnus Lejhall/TT

Region Västerbotten is introducing temporary corporate support of 20 million kronor for subcontractors to Northvolt, the region announces in a press release.

The announcement comes after the recent turmoil at the crisis-stricken battery manufacturer in Skellefteå.

The purpose of the support is, according to the region, to support the green transition in the city.

"The subcontractors need to get a fair chance to restructure in order to continue supporting the industrial and community building that is underway in northern Sweden", says Rickard Carstedt, chairman of the Regional Development Board, in a press release.

The support, which is available for application until February 28 next year, applies to affected subcontractors registered in the region and amounts to a maximum of 500,000 kronor per company.

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By TTThis article has been altered and translated by Sweden Herald

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