The battery giant was declared bankrupt last week. The question everyone is now asking themselves is, is there anyone who can save the company?
One of the most powerful men in the business world, also the chairman of the Confederation of Swedish Enterprise, Jacob Wallenberg, hopes so, but the state should not be the solution.
No, I don't think it's the state's responsibility.
On the other hand, the state can invest long-term in infrastructure around the business sector.
But Northvolt is not infrastructure. However, there is an element of self-interest, can we find a way so that Northvolt doesn't go to waste, says Jacob Wallenberg.
But it's the private sector that must provide the solution, then politics, the state can possibly be involved somewhere, he continues.
He doesn't believe that Northvolt's bankruptcy will scare off investors from Sweden.
No, answers Jacob Wallenberg briefly.
In the Wallenberg sphere, investments in green transition remain high on the agenda.
The companies I work with are investing just as much today as five years ago. It's a central issue, it's important to be competitive.
