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The latest announcement is out from Hynion AS Class A ( (DE:36R) ).
Hynion AS is navigating a challenging period marked by delayed financing, limited operations, and strategic discussions. The company is focused on resuming operations at its Høvik station in Norway and finalizing a long-term financing solution, which has been delayed due to external factors like the bankruptcy of its Swedish subsidiary. Hynion is also exploring collaborations with key players in the hydrogen sector, including Coolergy S.L., to expand the hydrogen refueling network in Scandinavia. Additionally, Carl Christopher Tornblom has stepped down as chairman of the board, with a new appointment expected at the Annual General Meeting.
More about Hynion AS Class A
Hynion AS builds, owns, and operates hydrogen refueling stations in and around major cities in Scandinavia. The company leverages its proprietary technology and extensive experience in hydrogen technology and renewable energy to offer turnkey establishment and operation of refueling stations, either independently or through collaborations and co-ownership.
Average Trading Volume: 2,119,358
Current Market Cap: NOK22.22M
See more insights into 36R stock on TipRanks’ Stock Analysis page.