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Pyrum Innovations AG ( (DE:PYR) ) has issued an announcement.
Pyrum Innovations AG announced a capital increase with subscription rights, aiming to fund growth and innovation projects, including a significant opportunity in Greece and upgrades to their main plant in Dillingen. The company will host webcasts on December 2, 2025, to provide more details to investors and stakeholders, highlighting the strategic importance of these investments for increasing profitability and enhancing their market position.
The most recent analyst rating on (DE:PYR) stock is a Buy with a NOK58.00 price target. To see the full list of analyst forecasts on Pyrum Innovations AG stock, see the DE:PYR Stock Forecast page.
More about Pyrum Innovations AG
Pyrum Innovations AG is a pioneering company in the recycling industry, focusing on the innovative recycling of end-of-life tyres and plastics using thermolysis technology. This process allows for the recovery of high-quality products like thermolysis oil and recovered Carbon Black, which are utilized by major companies such as BASF, Continental, and Schwalbe. Pyrum’s sustainable business model aligns with climate targets, and the company has been expanding its operations since 2020, with multiple plants in operation.
Average Trading Volume: 524
Current Market Cap: NOK1.5B
See more data about PYR stock on TipRanks’ Stock Analysis page.