Bankruptcy proceedings - Viking Heat Engines AS and Viking Think Tank AS
Bankruptcy proceedings against Viking Heat Engines AS and Viking Think Tank AS were initiated on 30 January 2020. Nils Holger Koefoed is appointed as administrator of the estate.
The companies have spent between NOK 500 to 600 million developing industrial heat pumps which turn waste heat into usable energy. The bankruptcy proceedings were opened following filings by former employees.