Swedish Stirling resolves on extended cost-saving measures and seeks strategic partner
The Board of Directors of Swedish Stirling AB (publ) (“Swedish Stirling” or the “Company”) has given the Company’s CEO Dennis Andersson and the management team the mandate to significantly lower the Company’s costs in order for the current working capital to last as long as possible. The Board of Directors has also instructed the CEO to actively seek opportunities for strategic partnerships.On 22 December 2022, Swedish Stirling announced that it is unlikely that the Company will reach a product sales agreement for PWR BLOKs with Glencore and that the Board of Directors had resolved to