1 February 2023
International breakthrough for Innargi
The geothermal energy company Innargi has taken a large step towards expanding large scale geothermal heating across Europe
Today, Innargi has signed an agreement with Veolia to explore the potential for geothermal district heating in Poznań, Poland. Introducing geothermal energy will contribute to decarbonise district heating and improve the air quality in Poznań – and potentially many other cities.
“We expect that the pioneering geothermal project in Poznań will demonstrate the substantial potential of geothermal energy for large district heating systems in Central and Eastern Europe. According to McKinsey research, geothermal energy has the potential to cover heat demand of 33% of district heating systems in Poland by 2045. Geothermal is not dependent on weather conditions, such as wind or sun. Once in operation, geothermal plants are pollution-free, quiet and discrete. They don’t require large spaces and blend well into the urban landscape.”
News from the A.P. Moller Group
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.
Letter from the CEO
In connection with the publication of A.P. Moller Holding’s Annual Report 2024, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.
Annual Report 2024
A.P. Moller Holding delivered strong results in 2024