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Pyrum Innovations AG ( (DE:PYR) ) has issued an update.
Pyrum Innovations AG has announced a capital increase with subscription rights, aiming to raise up to EUR 21 million. The funds will be used to invest in its Dillingen/Saar site, strengthen its subsidiary GreenFactory II GmbH, and support joint ventures for new plants, enhancing its equity capital base and operational capabilities.
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 operates in the recycling and environmental technology industry, focusing on sustainable solutions. The company is known for its innovative processes in recycling and aims to expand its market presence through strategic investments and partnerships.
Average Trading Volume: 502
Current Market Cap: NOK1.27B
For detailed information about PYR stock, go to TipRanks’ Stock Analysis page.