Morrow Batteries goes bankrupt

The same applies to Morrow Technologies AS and Morrow Industrialization Center AS, the company states in a press release. Morrow’s battery factory in Arendal, Norway, opened in August 2024. Chairwoman Ann Christin Andersen says that the company’s journey proved far more challenging than expected. Efforts were made to secure funding, but these were unsuccessful. “We…

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UK construction company plunges into administration – in business since 2014 | UK | News

A UK construction contractor that has been operating for more than a decade has fallen into administration. Calvert Construction Limited, which specialises in commercial building projects across the retail, industrial, demolition and civil engineering sectors, formally entered administration following an appointment of administrators made on Friday, May 1, according to The London Gazette. The appointment…

BindiMaps emerges from administration with new owners

Indoor wayfinding startup BindiMaps has fallen into administration and reemerged under new ownership, with plans to expand beyond navigational tools built for Australians with vision impairment and wheelchair users. BindiMaps uses a natural language system, maps, and text cues to guide users through shopping centres, office towers, and other complex buildings, promising turn-by-turn navigation and…

Major British furniture company falls into administration as dozens of jobs lost

British mattress producer Airsprung has been plunged into administration following 150 years in business – sadly, dozens of staff members have been made redundant Airsprung has entered administration following 150 years in business (stock)(Image: Getty Images) A major British furniture company has made staff redundant after falling into administration. Mattress and bed producer Airsprung made…