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24 Dec
14:18

Benteler secures financing for restructuring

Benteler group says it has reached an agreement with its financing partners and shareholders over a refinancing scheme running until the end of 2024, tied to its new electric vehicle strategy. The tubemaker and automotive supplier with headquarters in Austria and Germany is currently involved in the development of various new electric vehicles and has secured new strategic orders this year. The company is already mass-producing battery trays for electric vehicles …
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