"Safra SA, the hydrogen bus division, has placed several hydrogen-powered Businova H2 buses on the road and secured 50 orders for its next-generation Hycity model, despite financial losses."
"The family holding company and shopfitting subsidiary, Safra Agencement, has entered a six-month observation period under receivership, facing a revenue drop from €13 million to €3.5 million between 2022 and 2023."
"Safra is discussing an investment from an Asian consortium to bring in several tens of millions of euros by the end of the year, aiming for industrial growth."
"Despite the challenges, Safra Automobile has recorded steady sales of €2.5 million in 2023, maintaining operations after shifting focus to local customers in 2022."
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