Vargas Holding Faces Challenges After Northvolt's Bankruptcy Amid New Funding for Other Ventures
HYDROGEN
Vargas Holding faces significant challenges following the bankruptcy of Northvolt, which resulted in a loss of 175 million SEK. Despite this setback, the company has attracted substantial funding for other ventures, including Aira and Polarium, while Stegra struggles with potential insolvency despite securing public funding. Each venture is navigating its own path, reflecting the ongoing commitment to reducing emissions amid financial difficulties.

Dec 30, 2025, 6:00 AM