Leclanché Faces Payroll Delays, Seeks Emergency Funding
Swiss battery manufacturer Leclanché is experiencing financial difficulties, resulting in delayed wage payments to its 369 employees and a scramble for fresh capital, according to recent reports.
The company confirmed it was unable to make January payroll on time, and is actively pursuing emergency financing options. This news comes as Leclanché engages in intensive negotiations to secure short-term funding, finanzen.ch reported. The situation highlights the ongoing challenges faced by companies in the energy storage sector as they navigate capital-intensive growth phases.
Leclanché provided an update on its financial position, boerse.de reported. The company is working to address liquidity issues and ensure timely payment to its workforce.
The delays in wage distribution are impacting all 369 employees, 20 Minuten stated. The situation underscores the financial pressures facing some European industrial firms amid broader economic uncertainty.
Further details regarding the amount of funding Leclanché is seeking and the potential sources of investment remain limited, but Finanz und Wirtschaft reports the company is actively searching for new funds.
it boltwise as well reported on the liquidity issues and delayed payments.
