Matti Kataja

Northvolt Closes Revolt Plant in Skellefteå, 90 Jobs Cut

Heavy decision on Northvolt this week

The battery manufacturer Northvolt, which was declared bankrupt last week, is facing a crucial decision. The bankruptcy trustee expects to be able to determine within the next few days whether the operations will be shut down or not.

Northvolt Seized for Millions by the Enforcement Authority

Northvolt and its subsidiaries have debts to the Enforcement Authority totaling 650 million kronor. So far, the authority has collected approximately 13 million kronor from the crisis-stricken battery manufacturer, reports SVT Västerbotten.

Incidents at Northvolt – Demanding an Investigation

Two serious incidents at crisis-ridden Northvolt prompt the Work Environment Authority to demand an investigation, writes Norran.

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. And at the Enforcement Authority, large Northvolt invoices are piling up.

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. It will be a hard blow, especially to foreign recruits.

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. A solution is now said to be on the table – and according to the CEO, they will pay on time.

Top Executive at Northvolt Leaves Post

The CEO of Northvolt One, the crisis-stricken battery manufacturer's main factory in Skellefteå, is leaving their assignment.