Expected effects of Xpecunia buying
In order to permanently reduce and eventually completely eliminate the need to buy electricity,
At the same time, a solution is obtained for Creturner that gives its operations a strengthened basic manufacturing and reduced direct costs amounting to
By becoming a part of Xpecunia, Creturner can expand its solution faster. Costs can be shared between the companies and administration can be coordinated. The new group will be active in calculation technology and climate compensation. Both operations are expected to develop significantly in the future and with the coordination have positive cash flow in the ongoing operations on both sides. Xpecunia can continue investing faster and becomes significantly less sensitive to external price levels and Creturner can increase investments, sales and consider both national and international expansion. The board of directors in the new group will continue to be the same as in
Creturner has a website at creturner.com where the business is presented and a VR film can be found on the website which gives a a thorough overview of the solution. Creturner has a newly created climate compensation business where residual biomass is converted into the element carbon, which is deposited and thus permanently reduces CO2 in the atmosphere. The business can be scaled without limit to most geographical areas. Operations are expected to increase significantly in the future and contribute to the new group's profitability.
Contact information
CEO:
daniel.mostrom@xpecunia.com
Address: Taptogatan 6, 115 27
www.xpecunia.com
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