Northvolt sells a factory in Gdańsk. It will buy a large player on the automotive market

Luc Williams

Northvolt factory in Gdańsk for sale

As emphasized by the Northvolt group in a statement sent to PAP, the “leading industrial group” intends to buy Northvolt Systems Industrial, including a factory at ul. Elbląg in Gdańsk. The buyer’s name was not given.

The daily “Svenska Dagbladet” wrote that The buyer is a scania truck manufacturer, and the transaction amount has not exceeded 100 million crowns (EUR 8.9 million). According to the newspaper, it is much less than 1.6 billion crowns, which is the amount that Northvolt has invested in the construction of the factory since 2021.

The Northvolt System Industrial, operating in Stockholm and Gdańsk, deals with the development and production of battery systems for the heavy industry and specialized non -way machines, e.g. for mining. As the spokeswoman of the company in Poland donated, Anna Sobolewska in Gdańsk is currently employed by about 150 people. In this city in autumn Northvolt carried out exemptions in connection with the closing of the Energy Warehouse Plant at ul. Andruszkiewicz.

What will the transaction cover?

The announcement emphasized that the transaction between Northvolt And the buyer will cover “the transfer of all necessary resources, employees and contracts needed to ensure a smooth continuation of business in industrial business”. “Therefore, after taking over, Northvolt Systems Industrial operations will continue, and orders contracted for 2025 will be completed as planned” – he was noted.

Northvolt from clothes. She is in crisis due to, among others decrease in orders from car manufacturers who changed their plans for the production of electric cars. Earlier it was assumed that electrification would proceed faster. Another reason is the competition from China. In Sweden, Northvolt has already released 1.6 thousand. people, including 1 thousand at the main cell factory in Skelleftea in the north of the country.

In clothes Northvolt submitted a reorganization application based on Chapter 11 in the United States. This is to allow the company to gain access to new financing sources and continue its operations.

From Stockholm Daniel Zyśk (PAP)

About LUC WILLIAMS

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