Pierre Blanc of Leclanché: "Our Competitors Receive Massive Support From the State. In Switzerland, There Is No Help"

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The battery manufacturer of Yverdon (VD) is trapped in an unprecedented crisis: the management is running behind the cash flow, while the demand is massive and investors would be ready to finance the growth. The management is going back on this situation of blockageMi-October, Leclanché managed in extremis to cover the two months of late wages. It was the second major cash crisis in less than a year – the last one dates back to January. This is …