News
News
Resato Hydrogen Technology BV Files for Suspension of Payments
On July 21, an application for suspension of payments was filed on behalf of Resato Hydrogen Technology.
This is unfortunate news that creates uncertainty for employees, customers, suppliers, and partners. After funding became uncertain, every effort was made to secure new financing in time for the next phase of Resato Hydrogen Technology (RHT). On Monday, July 20, it was concluded that while there is significant support and interest, there is not yet sufficient financing available for the immediate short term. As a result, the company cannot continue as is, making a stay of payments unavoidable.
RHT is a well-known company based in Assen that manufactures hydrogen refueling stations and has rapidly grown to become a European technology leader and market leader in hydrogen mobility.
Administrator Jeroen Sprangers (REIN) was appointed by the court on July 22 and immediately began his duties at RHT. With the administrator on board, the next steps are being determined. RHT, in collaboration with the administrator, is handling external communications with all stakeholders: customers, suppliers, and others.
In recent weeks, as the financing issues have come to the fore, there have been many expressions of support and positive offers of assistance from politicians, industry organizations, and public and private entities in the Netherlands and Europe. Building on these positive developments, RHT hopes that a relaunch will be possible with one or more new short- and long-term financiers. Discussions are underway regarding several concrete leads, and RHT is open to serious candidates, preferably those with strategic synergies.
Resato Hydrogen Technology is grateful to its customers, suppliers, and partners and proud of its employees. Together, they have made it possible for Resato Hydrogen Technology to complete the journey it has undertaken so far. We at RHT are fully committed to ensuring that we can still embark on the next phase.
Contact: press@resato-hydrogen.com
Please note: This situation and press release explicitly concern only Resato Hydrogen Technology BV and not other companies bearing the Resato name.
