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Czech News in English » Business » HE3DA to obtain EUR 100m from Chinese investor

HE3DA to obtain EUR 100m from Chinese investor

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Czech company HE3DA will obtain EUR 100m from a Chinese investor to develop its battery business. Company president Jan Procházka told ČIANEWS the initial project stage amounted to EUR 50m. The company has already started completing the first battery production line in Horní Suchá. Additional lines are to be located in a new building whose construction will start at the moment the first lines are put into operation.

Source: www.cianews.cz

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