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Discover the latest news, press releases and case stories from Genan. Stay informed about our innovations in sustainability, circular solutions and groundbreaking projects that shape the future of tire recycling.

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News

5 min read

New EU taxonomy on climate change mitigation

The first Delegated Act about sustainable finance has been enacted and passed by the EU. The Act includes 6 categories – among them is climate change mitigation. Sustainability is the core of everything in Genan. It is in the very DNA of the company and its employees. To Genan, sustainability means aiming for a greener planet by doing our best in all of our processes from the intake of end-of-life tires to the production of clean, high-quality products. Now, these values are put into practice in the EU taxonomy. Genan is in full alignment with the newly approved standards and thus classified as a sustainable investment in terms of climate change mitigation. It is vital to direct investments towards sustainable projects and activities to meet the EU’s climate and energy targets for 2030 and reach the objectives of the European Green Deal. To do so, a common language and a clear definition of what is ‘sustainable’ is a must – an “EU taxonomy”. The EU taxonomy is a classification system, establishing a list of environmentally sustainable, economic activities, and it entails several advantages; it plays an important role helping the EU scale up sustainable investment and implement the European Green Deal; it provides companies, investors and policymakers with definitions for which economic activities can be considered environmentally sustainable; and it protects investors from greenwashing. Genan is proud to be considered a sustainable investment according to the EU taxonomy. Read more about the EU taxonomy here. Read the Commission Delegated Regulation here.

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Cases

5 min read

Fruitful collaboration is a two-way street

What is a good, solid and fruitful collaboration between two companies?Read this case story to learn what the business relationship with Genan means to our British customer Footfall. Fruitful collaboration is a two-way street

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Press releases

5 min read

PKA divests 51% of shares in Genan Holding A/S to Maj Invest Equity

New majority shareholder of environmental company Genan, the largest tire recycling company in the world, is Maj Invest Equity 5 K/S. Sole owner of Genan since 2014, PKA has made an agreement with Maj Invest Equity for the latter to take over 51% of shares. PKA continues to co-own as minority shareholder. Read the press release here.

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Cases

5 min read

Old tires in makeover for new purposes

Does it add value that your products primarily consist of recycled materials?Read this article to learn how much sustainability matters to our innovative customer Scan Underlay. Old tires in makeover for new purposes

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Press releases

5 min read

Annual Report 2020 – Genan consolidates in a year impacted by Coronavirus

International environmental company Genan was in 2020 less impacted by the Corona crisis than expected. Turnover dropped marginally by 6% to EUR 49m, while EBITDA decreased by 2% to just under EUR 12m. Nevertheless, thanks to significantly increasing market focus on sustainability, the Genan group is generally performing well – and now adding a resource in sales and marketing. Read our 2020 annual report

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News

5 min read

Thomas Ballegaard new Group CCO at Genan

We are pleased to introduce Thomas Ballegaard as new Group CCO at Genan. Thomas will join the Genan team on Monday, March 1, 2021, taking on the overall responsibility for European Sales as well as for global marketing and product management. Having worked as CCO for STARCO for 4 years from 2015 to 2019, Thomas has direct experience in the tire business – as well as with the responsibilities that come with the title as Chief Commercial Officer. We thus look very much forward to welcoming Thomas as part of the Genan team – and to benefiting from his expertise and enthusiasm.

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Press

Press contact

We are always available to the press. For press inquiries, contact our PR Coordinator – she will help you directly or connect you with the right spokesperson within the relevant area of expertise.

Lisbet V. Thybo

PR Coordinator

lvt@genan.com | Tel.: +45 8728 3026 | Mobile: +45 2046 6792

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At Genan, we give used tires a new life, creating unique and sustainable products – only imagination sets the limit! Have an idea or a request? Let’s make it happen.

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