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Pyrum Innovations AG ( (DE:PYR) ) has shared an update.
Pyrum Innovations AG has successfully completed a capital increase, raising approximately EUR 13.03 million through the issuance of new shares. The funds will be used to invest in its Dillingen/Saar site, support its subsidiary GreenFactory II GmbH, and strengthen its equity capital base, enhancing its market position 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 sustainable technology industry, focusing on recycling and environmental solutions. The company is involved in the development and operation of plants that convert waste into valuable resources, with a market focus on expanding its operations and equity base.
Average Trading Volume: 1,076
Current Market Cap: NOK1.56B
See more insights into PYR stock on TipRanks’ Stock Analysis page.