Northvolt files for bankruptcy in Sweden

Stockholm, Sweden, 12 March 2025 – Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy in Sweden. Like many companies in the battery sector, Northvolt has experienced a series…

13 firefighters declared bankrupt taken disciplinary action

Several factors led them to be declared bankrupt, mostly for becoming guarantors to loan borrowers. Malaysian Fire and Rescue Department director-general Datuk Nor Hisham Mohammad (centre) presenting the Fire Service Medal, the 2024 Excellent Service Award and the 30-Year Service Certificate. – Photo by Bernama ALOR SETAR – The Malaysian Fire and Rescue Department has…