Wallenberg thus enters the crisis Stegra – admittedly with only three of the 15 billion – but they call themselves leaders and in practice gain control of the company. It also means that to some extent they pledge their good name for Stegra.
When new mega-factories with thousands of employees are to be built, such as Northvolt and Stegra, it is difficult to know what the price tag will be in the end. In today’s uncertain world where energy prices, tariffs and environmental regulations are constantly changing, billions can quickly roll off in the wrong direction.
Then Wallenberg and their tradition of long-termism may be worth more to Stegra than both three and 15 billion kroner.
Should additional billions be needed – which cannot be ruled out – then it is something in particular the Wallenbergs have good opportunities to shake up. If they think it’s important.
