The solar company Sesol, headquartered south of Jönköping, Sweden, has been declared bankrupt. The bankruptcy affects 300 employees in Sweden, and it means that reconstruction has failed. The parent company Soltech submitted a bankruptcy application after the board assessed that there were no conditions for a successful reconstruction.
Sesol has around 300 employees, with over a third working in Stigamo outside Jönköping. In January, Soltech requested reconstruction of Sesol's Swedish operations while Sesol Norway was declared bankrupt.