EU Supports Laid-Off Northvolt Workers With EUR 8.5 Million The EU and Swedish authorities will provide financial aid to laid-off Northvolt workers in Sweden following the battery manufacturer's bankruptcy.
Population Decline for Northern Swedish Municipality The population of Skellefteå decreased during the first half of 2025. The decline comes in the wake of the bankruptcy of the battery manufacturer Northvolt.
Northvolt Acquisition: Announcing New Leadership for Battery Company US-based battery company Lyten recently entered into an agreement to acquire remaining Northvolt assets in Europe, including its factory in Skellefteå, Northern Sweden. Lyten has also announced key roles in the new leadership following the acquisition.
Battery Company Northvolt Files For Bankruptcy After major losses and production issues, the battery company Northvolt has declared bankruptcy in Sweden. The bankruptcy affects the company's factory in Skellefteå, Northern Sweden, among other locations.
Battery Company Northvolt Continues Its Operations After an extraordinary general meeting, the shareholders of Northvolt decided to allow the company to continue its operations for up to eight months.
When Green Initiatives Kick the Legs Out From Under Local Businesses Comment: The bankrupt estates of a couple of the largest and most unsuccessful green industrial ventures in the north are barely enough for a leftover dinner. The accounts of local suppliers are already dripping with blood.
Northvolt Battery Files For Reorganization in The US To avoid bankruptcy, the troubled battery manufacturer Northvolt is filing for reorganization and bankruptcy protection in the US, in a so-called Chapter 11 process.In addition, CEO and founder Peter Carlsson is stepping down with immediate effect.
Mass Redundancies at the Battery Producer Northvolt in Sweden 1,600 people are losing their jobs in Northvolt in Sweden. The company announced a downsizing earlier this month.
Financial Struggles for Battery Producer: Closing Parts of Factory in Northern Sweden Battery producer Northvolt has had to implement drastic measures due to its financial situation. It is announcing, among other things, layoffs and the closure of parts of the factory in Northern Sweden.