#ebusco

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fromSilicon Canals
2 weeks ago

Struggling Dutch firm Ebusco restructures loans, signs 39M energy deal as CEO and ad interim CFO exit - Silicon Canals

The agreement on the restructuring of our debt and the signing of a major Ebusco Energy contract mark a key step in strengthening both our financial position and strategic direction. These developments reflect the confidence of our stakeholders in Ebusco, and we are very appreciative of their support for the company.
Business
#turnaround-plan
European startups
fromSustainable Bus
5 months ago

Ebusco has relocated 74 previously-cancelled buses and obtained 22 million in debt financing - Sustainable Bus

Ebusco secures €22 million in debt financing to manage upcoming cash shortfalls and implement a turnaround strategy.
European startups
fromSustainable Bus
5 months ago

Ebusco has relocated 74 previously-cancelled buses and obtained 22 million in debt financing - Sustainable Bus

Ebusco secures €22 million in debt financing to manage upcoming cash shortfalls and implement a turnaround strategy.
fromSustainable Bus
1 month ago

Christian Schreyer resigns as CEO of Ebusco for health-related reasons - Sustainable Bus

Christian Schreyer has stepped down as CEO of Ebusco for personal health reasons, with COO and CFO sharing responsibilities in the interim.
European startups
fromSilicon Canals
2 months ago

Ebusco faces bankruptcy without 'timely' liquidity injection: shifts to OED model as revenue plunges 90% in 2024 - Silicon Canals

An OED model enables us to operate more capital-efficiently and reduce our risk profile. By leveraging our strengths—our top-tier product design and engineering capabilities.
European startups
fromSustainable Bus
2 months ago

Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" - Sustainable Bus

Ebusco's ability to continue operations is at risk due to overdue payables exceeding liquidity and reliance on third-party agreements for payment schedules.
European startups
#gotion
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