MUNICH (Reuters) -Varta stock plunged as much as 80% to a record low on Monday after the German battery maker said restructuring options to avert insolvency, potentially with the help of Porsche, ...
A defective battery of the manufacturer Varta is illuminated by a flashlight. Felix Kästle/dpa The struggling German battery manufacturer Varta is once again appealing for help from its investors as a ...
Battery maker VARTA AG announced yesterday that it was targeted by a cyberattack that forced it to shut down IT systems, causing production to stop at its plants. VARTA is a German manufacturer of ...
April 12 (Reuters) - Shares in German battery maker Varta AG (VAR1.DE), opens new tab plunged 30% on Friday after the company said it may not meet targets set under its restructuring plan and was ...
Porsche's decision to support Varta will allow the luxury car maker to have access to high-performance batteries for its hybrid and electric cars. Struggling firm Varta has reached an agreement with ...
German battery manufacturer Varta has launched Varta.wall, the latest generation of its DC high-voltage storage systems. The company first presented the battery at Intersolar 2022, but has not ...
German battery maker Varta AG said it has reached a restructuring agreement with its creditors, bringing on sports car maker Porsche as a majority stakeholder in the company’s car battery subsidiary, ...
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Ukrainian company Varta unveils shotgun-equipped drone designed to bring down small drones
Varta, a Ukrainian company, has unveiled a modular hard-kill system for engaging aerial targets at close range. Source: Maksym Dybenko, a Varta representative, in a comment to Ukrainska Pravda during ...
Shares plunge as much as 80% Turnaround plans foresee equity wipe-out CEO says Varta needs double digit mln eur sum in fresh fundingCEO Ostermann says significant debt relief also a must The stock was ...
:Shares in German battery maker Varta AG plunged 30 per cent on Friday after the company said it may not meet targets set under its restructuring plan and was exploring recapitalisation options. Varta ...
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