Pyrum Innovations AG released its 2022 financial results
Pyrum Innovations AG (Pyrum), a pioneering company that recycles used tires sustainably with its globally patented unique pyrolysis technology, recently published its annual and consolidated financial statements for the 2022 financial year. According to Pyrum’s press release, the group achieved total output of EUR 19.1 million. This represents a significant increase compared to the same period in the previous year (2021: EUR 3.7 million). The main reason for this was the sharp increase in own work capitalized in the amount of EUR 17.8 million (2021: EUR 2.8 million) as part of the expansion of the main plant in Dilligen/Saar. At EUR 1.0 million, sales were slightly above the previous year's level (2021: EUR 0.9 million).