Sep 28 2017 - News

Norrhydro’s share issue successful

Norrhydro recently completed a successful share issue for EUR 1.500.000.

The interest was strong and the issue was fully booked in a very short timeframe.

We are experiencing a time of heavy growth and internationalization. The funds will be used for further enhancements in production capacity and commercializing new technology, in support of our growth and investment plans.

At Norrhydro, we specialize in solutions for high efficiency linear motion control systems and our own NorrDigi™ product family is a revolution in hydraulic technology. The issued shares represent 9% of the company ownership. The majority shares remain with the current management and leadership.

Additional information:

Yrjö Trög
CEO
yrjo.trog@norrhydro.com
p. 0400 291 229

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