Breathing Space for Struggling Bus Manufacturer Ebusco, Receives 6 Million Euro Investment
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Bus manufacturer Ebusco receives an investment of 6 million euros from shareholder and investment company Rhein Holding. The investment is beneficial for the…
Bus manufacturer Ebusco is receiving an investment of 6 million euros from shareholder Rhein Holding. This is a welcome boost for the financially distressed maker of electric buses. However, this does not mean Ebusco is out of trouble. The Deurne-based company is still in talks with 'one of its Asian partners' regarding a credit facility of 30 million euros.
Bus manufacturer Ebusco is receiving an investment of 6 million euros from shareholder Rhein Holding. This is a welcome boost for the financially distressed maker of electric buses. Last week, the company said it doubted the continued existence of the enterprise due to persistent financial problems.
Bus manufacturer Ebusco from Deurne is receiving an investment of 6 million euros from shareholder Rhein Holding. This is a welcome boost for the company, which is struggling financially. Ebusco itself describes it as a strong sign of confidence from Rhein Holding in the enterprise. The money also provides additional financial support for the execution of the operational plans of the company that manufactures electric buses. Last week, Ebusco su…
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