Sweden’s Stegra Brings In Restructuring Expert as Funding Sought
FacebookXLinkedInEmailLinkGiftExpandThe construction site of Stegra’s green-steel plant in Boden, Sweden.Photographer: Jonathan Nackstrand/AFP/Getty ImagesFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Kati PohjanpaloOctober 20, 2025 at 3:26 PM UTCBookmarkSave
Swedish green-steel startup Stegra AB appointed a restructuring expert to its board of directors as the company fights to stave off a funding crunch.
The company is seeking up to €975 million ($1.1 billion) in new financing to cover higher than expected project costs, fund infrastructure and fill a gap left by delays to state grant support.
Source: Original