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Mikael Kubu

Mikael Kubu

Northvolt Production in Skellefteå to Halt by June 30
Business NewsTop News

Northvolt Production in Skellefteå to Halt by June 30

The production at Northvolt's battery factory in Skellefteå is being scaled down to be stopped completely on June 30, announces the trustee. Vehicle manufacturer Scania says it was no longer possible to be the sole customer holding Northvolt under its arms
Scania acquires Northvolt operation
Business News

Scania acquires Northvolt operation

The truck manufacturer Scania is acquiring Northvolt Systems' industrial division, writes Scania in a press release. The business – which includes production, research, and development – comprises 260 employees in Stockholm and Gdansk, Poland
1,700 Jobs Saved as Northvolt Navigates Bankruptcy in Sweden
Business NewsTop News

1,700 Jobs Saved as Northvolt Navigates Bankruptcy in Sweden

Around 1,700 people will continue to work in the bankrupt Northvolt companies in Sweden, according to the trustee Mikael Kubu. Skellefteå wants the government to support the municipality after the announcement
Tata Autocomp to Acquire Bankrupt IAC Group in Sweden
Business News

Tata Autocomp to Acquire Bankrupt IAC Group in Sweden

Trustee Confident in Northvolt Factory's Continued Operation Prospects
Business News

Trustee Confident in Northvolt Factory's Continued Operation Prospects

Now Northvolt's layoffs begin: "Tough days"
Business News

Now Northvolt's layoffs begin: "Tough days"

The battery manufacturer Northvolt filed for bankruptcy last week. On Wednesday, notices of termination will start being sent out to thousands of employees
Heavy decision on Northvolt this week
Business News

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
Busch hopes for battery support from the EU
Business News

Busch hopes for battery support from the EU

New owners of bankrupt Northvolt must be able to receive EU support, urges Energy and Enterprise Minister Ebba Busch (CD) in Brussels. And simultaneously hopes for a renaissance of German nuclear power
Busch does not want Chinese Northvolt owner
Business News

Busch does not want Chinese Northvolt owner

Minister for Business Ebba Busch (CD) does not want to see any Chinese ownership in order to rescue the operations after Northvolt's bankruptcy. I think that is very dangerous, she says, and refers to security policy risks
Mikael Kubu is not averse to selling Northvolt to China
Business News

Mikael Kubu is not averse to selling Northvolt to China

Northvolt's bankruptcy trustee Mikael Kubu is not averse to selling the entire or parts of the business to Chinese investors.
Northvolt Trustee: Hopes to Save Operations
Business News

Northvolt Trustee: Hopes to Save Operations

The trustee Mikael Kubu has taken over the responsibility for Northvolt, since the district court has declared the battery manufacturer bankrupt. We are investigating the conditions for being able to maintain production, he says
The Sneaker Chain is Saved - New Owner After Bankruptcy
Business News

The Sneaker Chain is Saved - New Owner After Bankruptcy

The Reconstruction of Plantagen is Approved
Business News

The Reconstruction of Plantagen is Approved

Västmanland District Court grants the garden chain Plantagen's owner's application for reconstruction. Store closures and staff reductions await to rescue the unprofitable business
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