SwedenLivingWorldBusinessSportsEntertainment
Cover image for Pia Aaltonen

Pia Aaltonen

The German state takes over risky Northvolt loan

Germany takes over a large loan obligation to Northvolt, which risks becoming a multi-billion kronor loss according to Bloomberg. The news comes after the crisis-stricken battery manufacturer recruited Markus Dangelmaier as the new CEO for the subsidiary Northvolt Ett, which owns the company's large battery factory in Skellefteå.
The German state takes over risky Northvolt loan
Show Consent Options

Categories

Information

About Sweden Herald

  • 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.
  • © Sweden Herald