Regulatory Filings • Feb 28, 2023
Regulatory Filings
Open in ViewerOpens in native device viewer
Skandia Greenpower implements group-wide cost saving programme
As announced by Skandia Greenpower (‘the Company’) in the stock exchange notice of 15 February 2023, the private placement made by Evendo Invest AS has strenghtened the Company’s financial capacity for a period. To ensure the Company’s operations, a group-wide cost saving programme will be implemented immediately. The aim of the programme is to ensure cash positive operations in second half of 2023. The programme will entail the following:
A reduction of up to 12 full-time equivalents in first quarter of 2023 through a combination of non-replacement of employees leaving the Company voluntarily as well as redundancies. Subsequent of the cost saving programme, the Company will have a total of 7 to 10 full-time equivalents.
Significant decrease in the use of external consultants.
Continuous focus on the gross margin through reducing other operating expenses.
For further information, please contact:
Odd Henning Dypvik
Chair of the Board
e-mail: [email protected]
Phone: +47 901 24 231
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.