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NEVS AB (an abbreviated form of "National Electric Vehicle Sweden") was a Swedish electric car manufacturer which acquired the assets of Saab Automobile from a bankruptcy estate in 2012. [1] After facing numerous financial difficulties, the company resigned most of its employees in March 2023, with both Polestar and EV Electra interested in ...
The Circular Steam Project incorporates an innovative technology into the existing production plant, to convert its water-based waste into energy and is an important contribution to the Dutch government's CO 2 reduction targets. [33] In December 2023, LyondellBasell sold its ethylene oxide and derivatives business to INEOS for $700 million. [34]
The case was assigned to U.S. Bankruptcy Judge Robert Gerber, who had previously presided over another high-profile bankruptcy case of Adelphia Communications Corp. [7] Shortly after the Chapter 11 filing, it was announced that on Monday, June 8, 2009, GM would be removed from the Dow Jones Industrial Average, and replaced by Cisco Systems.
Retailers, restaurants and medical facilities have announced closures or filed for bankruptcy this year, citing post-pandemic financial struggles. Bankrupt or closed? Here's the status of 6 local ...
As of September 2020, La Senza has a total of 277 locations worldwide: 74 Canadian stores, one United States location, and 202 franchised international stores. [186] [187] The Limited filed for bankruptcy in January 2017, went out of business, and closed its remaining 250 stores, but Sycamore Partners bought its IP. [188]
From a combined iron and steel production of 203 million tons in 1979, US output fell almost in half, to 107 million tons in 1982. Some steel companies declared bankruptcy, and many permanently closed steelmaking plants. By 1989, US combined iron and steel production recovered to 142 million tons, a much lower level than in the 1960s and 1970s.
A fall from grace. Founded in 1978, The Container Store went public on Nov. 1, 2013, pricing its initial public offering at $525 per share. By the close of trading that day, shares closed at $543.
Excelsior-Henderson introduced its first production model, the Super X, in December 1998, and commenced production in early 1999. The company developed the Super X motorcycle as a new proprietary motorcycle, including a new engine, frame, and all related drive and styling components, adopting styling from the earlier Excelsior-Henderson motorcycles from the 1905-1931 timeframe. [3]