CIMCO MARINE NOW LISTED FOR TRADING ON NASDAQ FIRST NORTH
Following Cimco Marine AB’s heavily over subscribed new issue of shares, the company is now listed on Nasdaq First North. The first day of trading was 4 July 2017 and the stock price was up approximately 23 percent at market close compared to the price in the share issue.Cimco Marine has, after several years of development, constructed the OXE Diesel, the world’s first diesel outboard engine in the high power segment. OXE Diesel has a unique belt driven propulsion system that allows a hydraulic multi-friction gearbox to be mounted. This means that the engine can handle significantly