US EditionWind Power Hit Plunges Statkraft Deep Into Red
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10 Articles
Discover how Statkraft's strategic changes and risk-taking have affected the company's finances and workforce. Read about staff reductions and future investments in renewable energy.
Statkraft is undergoing an extensive cost-cutting process and is considering reducing staffing by up to 500 full-time equivalents globally.
Higher costs, lower electricity price prospects and slow sales due to a sluggish capital market are causing the Statkraft CEO to take a sharp turn. The company is now taking billions in write-downs.
Statkraft announced staff reductions when they presented their results for the second quarter on Tuesday, with a loss of NOK 5.1 billion before tax.
Aftenposten
E24The energy giant suffered a billion-dollar blow in the second quarter. Now cuts are being announced.
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