Entheos Network acquires Hagal
-Hagal is a company with a unique technology and strong drive, operating in a booming market. Now we are gearing up for further growth, establishing sustainable business models for our customers and partners, says newly appointed CFO, Martin Stenshall.
Hagal´s CFO comes from SATS where he worked in the Nordic Finance team. He has had a long career in Danske Markets as Equity Research Analyst and Head of Research. His roles throughout his financial career also include Auditor, Controller, M&A analyst and Vice President of Investor Relations.
-We are lucky to have a CFO with a strong skillset and unique professional breadth and experience from strategic roles in Norwegian and international corporations. With Martin onboard, we will make sure the interests of our customers, partners, investors and employees are taken care of in the best possible way, says Hagal CEO, Christian F. P. Ringvold.
Passion and drive
Martin Stenshall is ready to take on an exciting and challenging CFO role in the technology company. He was fascinated by the innovative spirit and dynamic in Hagal, and wanted to join the team on their mission to implement smart batteries in every power grid.
-This was a unique opportunity to join the green transition. Hagal develops battery energy storage systems that extend and accelerate the use of renewable energy sources. That is a vital contribution in the fight against climate change and efforts to reach the goals of the Paris agreement, keeping the global warming at, or below, 2 degrees, Stenshall explains.
-The desire to be a part of this journey, combined with the chance to join a work environment with dedicated, talented and passionate people, made me say yes to this role, he says.
A fast growing market
Hagal believes in a strong market growth rate in the foreseeable future. With the development of products that enable companies to reach their sustainable business goals, everything is set for further scaling.
-We want to collaborate with customers and partners in a business model that allows us to roll out the technology and ensure sustainable development. Our technology has several applications and we have identified exciting business opportunities in many geographies. Hagal´s smart batteries can be connected to any power grid, the CFO underlines.
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