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ZN2

5.25 EUR
0.25
4.55%
Last update May 16, 6:38 PM CEST
Main market
Day range
5.25
5.5
Previous close
5.5
Open
5.5
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Wegrow AG
5.25
0.25
4.55%

Overview

Description

WeGrow AG is a sustainable forestry and timber production company focused on developing innovative, ecological wood products derived from fast-growing Kiri tree hybrids. The company operates a unique circular economy model starting with the production of young plants in its “CropFactories,” supplying partners in 47 countries worldwide. WeGrow cultivates kiri trees that grow rapidly and can be harvested within 3-4 years, which are then processed into modular timber construction materials at its KiriFactories. This approach aims to provide a sustainable wood supply without depleting natural forests while also contributing significantly to carbon sequestration and long-term CO2 storage. The company's business model integrates timber farming, wood processing, and CO2 credits, emphasizing environmentally friendly and modular wood-based building solutions. WeGrow AG is advancing towards automated production facilities and further international expansion, positioning itself as a key player in sustainable timber and green building materials on a global scale.

About

CEO
Ms. Allin Gasparian
Employees
0
Address
Kehn 20
Tönisvorst, 47918
Phone
49 0 2156 48498 10
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Lumber & Wood Production
Country
Germany
MIC code
XDUS
Main market

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