The unit is located in South Korea. Top Material is as a matter of fact a Prime shareholder, with a 2.17% stake.
Prime Batteries Technology started battery production in 2016 in Cernica, Ilfov, with one of the key moments in the company’s evolution being EIT InnoEnergy joining its shareholding structure in 2022.
Recently, German investment fund T2Y has also become a stakeholder.
Prime Batteries ended 2024 with RON276 million turnover, up 34%, and RON51 million net profit, 20% higher.
(English version by Catalina Apostoiu)