TECO 2030 AS is bankrupt with NOK 204 million in debt. That was reported by Finansavisen earlier this week.
The board submitted the bankruptcy petition on Tuesday, a few hours before the Ringerike, Asker, and Bærum district court was to hear a bankruptcy petition from the Norwegian Tax Agency due to outstanding taxes and duties.
TECO 2030 AS is a subsidiary of TECO 2030 ASA and is a pure management company based in Bærum, near Oslo. The bankruptcy impacts fourteen employees.
“The bankruptcy will, for all intents and purposes, not affect ASA at all. What is sad is that we are losing many talented employees,” said TECO 2030 CEO Tore Enger to the newspaper.
Will not affect companies in Narvik directly
TECO 2030 ASA develops…