No reorganisation for insolvent Greenstorm Mobility as closure looms

KUFSTEIN, Austria - E-mobility service provider Greenstorm has filed for insolvency. With investor talks failing and the sales concept not covering costs, there will be no reorganization of the company due to a non-functioning business model. "A closure of the company will take place soon after the opening of insolvency proceedings," the insolvency consultant has declared.

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