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Northvolt Ett Expansion
Northvolt buys time – tax debt paid
Crisis-stricken Northvolt has bought itself some breathing room by paying what the company owed to the Tax Agency. However, a long-term solution to the battery manufacturer's financing is still not in place.
Foreign Staff in a Tight Spot as Northvolt Cuts Down
Crisis-stricken Northvolt, which is to pay over a quarter of a billion kronor to the Tax Agency on Monday, is in acute need of more money from owners and lenders. A crucial piece of the puzzle to get it in place is the reduction of 1,600 employees, which is expected to be completed this week.
Northvolt source: 150 million euros secured
Crisis-ridden Northvolt is holding talks with lenders and investors to raise 200 million euros, approximately 2. 3 billion Swedish kronor, according to several media outlets citing the news agency Reuters.
Northvolt CEO: Will pay 287 million kronor according to plan
On Monday, Northvolt must pay a tax debt of 287 million kronor. The alternatives are bankruptcy, reconstruction – or personal payment liability for the board.
Latest on Monday, Northvolt must pay 287 million kronor
At the latest on Monday, the crisis-stricken battery manufacturer Northvolt must pay 287 million kronor to the Tax Agency, confirms the authority to [SVT News Västerbotten. ](https://www.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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