Spinnova Oyj (SPINN) NPV
€0.045
(5.00%)
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€0.045
(5.00%)
Deal for just £11.95 per trade in a
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€0.045
(5.00%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Business summary
Spinnova Oyj is a Finland-based company that focuses primarily on the clothing industry. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The Company has a production plant in Jyvaskyla.
Contact details
Important dates
General stock information
- Short code:
- SPINN
- ISIN:
- FI4000507595
- Market cap:
- €47.07 million
- Shares in issue:
- 52.30 million
- Sector:
- Textiles
- Exchange:
- Helsinki Stock Exchange
- Country:
- Finland
- Currency:
- Euro
- Indices:
- n/a
Key personnel
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