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VARTA AG announces financial reorganization with StaRUG proceedings

VARTA AG has decided today to notify the competent local court of Stuttgart on short notice of a restructuring project in accordance with the German Corporate Stabilization and Restructuring Act (StaRUG). The planned StaRUG proceedings are an important building block for the implementation of an updated restructuring concept for VARTA. As part of the proceedings, various constellations of possible…

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04. јул 2024
VARTA AG in talks with Porsche about investment in V4Drive business

VARTA AG is currently in negotiations with Dr. Ing. h.c. F. Porsche AG ("Porsche") regarding a possible investment by Porsche in the business unit for large-format lithium-ion round cells (V4Drive) by means of a majority shareholding in V4Drive…

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20. јун 2024
VARTA AG adjusts revenue forecast for 2024 due to further slowdown in the energy storage market

Based on current business developments in the first half of 2024, VARTA AG is revising its revenue forecast for fiscal year 2024 issued on August 11, 2023.

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18. јун 2024
VARTA Starts Most Advanced Home Storage Production in Germany

New production line in Ellwangen secures European leadership in the energy storage market, creates 120 new jobs, and strengthens the regional economy.

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