Krala Femion Technologie Reports 3 Million Zloty Loss
The company JZW-Cox, a subsidiary, is facing financial difficulties. The firm is reportedly losing 50 million PLN per month, totaling several hundred million PLN annually. The company requires urgent financing to survive until the end of the year. Krala Femion Technologie is filing a notice with the prosecutor's office following a sudden stock price collapse on Monday. CEO Janusz Ciszewski stated the company suffered approximately 3 million PLN in losses on the investment. Ciszewski attributed the loss to a lack of sufficient public opinion regarding the matter.
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Sources · 7 independent
RMF FM Poland
“Mam duży problem z JZW-Cox, spółką zależną, która ma niedokończoną baterię, która pali, można powiedzieć, 50 milionów złotych miesięcznie.”
TOK FM
“Na te chwilę ponieśliśmy około 3 milionów złotych strat na tej inwestycji, ze względu na to, że w naszej ocenie opinia publiczna w tym nie miała pełnej wystarczającej”
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