Europlasma posted €14.1m in revenues for 2015, up 57% on an admittedly painful previous year when a newly-appointed management had to deal with delayed sales, massive losses and a very weak balance sheet. The small energy group in the making has also organised for an extra €10m of fresh financing (“equity line”) to see it through the protracted completion of its prototype energy unit, CHO Power.
09 Mar 2016
Liquidity sorted and good revenues on non-energy businesses
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Liquidity sorted and good revenues on non-energy businesses
Europlasma posted €14.1m in revenues for 2015, up 57% on an admittedly painful previous year when a newly-appointed management had to deal with delayed sales, massive losses and a very weak balance sheet. The small energy group in the making has also organised for an extra €10m of fresh financing (“equity line”) to see it through the protracted completion of its prototype energy unit, CHO Power.