"Sad days for everybody who believes in Plantagon"

" Despite chance in Sweden , the United Arab Emirates and several other markets we were ineffective to last until the commercial-grade breakthrough came . The primary end is now to protect the Plantagon innovations and , in close cooperation with the failure decision maker , find Modern owners who want to continue working with the technology . " Speaking is Plantagon ’s executive vice president Owe Petterson . Last hebdomad it became decipherable the Swedish perpendicular husbandry companionship is belly-up .

ProjectsIn a press statement Owe says they are currently in contact with various investors in Sweden , the US and the UAE . " Also and on a positivistic side , the entrepreneurs we process with persist interested in the Plantagon engineering . Therefore we hope the projects in Linköping and UAE will be realised . " Plantagon has publish plans to build a $ 40 million plantscraper in Linköping , Sweden and has partnered with the university of Dubai to create an urban , agrarian research center in Dubai and a model for urban agriculture development across the UAE .

Co - founder Hans Hassle verbalise a similar flavour . " It is a sad Clarence Day for me and for everyone who works with and consider in Plantagon , but on the other hand , the display panel and current master owners are hopeful of being able to keep start the Plantagon innovations , so that our vision of big - scale urban culture can be pull in in the cheeseparing hereafter . We will focalise our attention ahead and hope for a future for our innovation . "

Together with the possessor , the board of directors has state that the party reached a level that the concern could n’t carry on . " We go for this beat will save the institution Plantagon has develop . Currently calls with interested outside investors are on-going " , they say . The management has been given a four - workweek deadline to secure novel funding and young proprietor .

Suppliers and the bank have claim of over € 280,000 ( SEK 3 million ) , whereas loanword to direction and stakeholders add up to another € 944,000 ( SEK 10 million ) . grant to Swedish publication , the largest proprietor of Plantagon International was Onondaga Nation , an American aborigine of New York State , with about 80 percent of the shares . later on , co - founder Hans Hassle ( through the company Swecorp Citizenship Stockholm ) and a non - profit association with 10 per cent each follow the shares . Plantagon Production SwedenThe bankruptcy also includes the ownership that the company has had in Plantagon Production Sweden AB , which operates the indoor plantation Plantagon City Farm at Kungsholmen in Stockholm . Money for Plantagon Production Sweden was collect last year through crowdfunding : over 420,000 euro was invest by 477 investors . Plantagon Production Sweden AB keep its operations for the metre being as usual .