about 14 years ago
Irish leader in the design and development of environmentally sustainable wave energy conversion systems, Wavebob, announced that the administrative expenses tripled to €1.8m last year. As Independent.ie reports, Wavebob directors noted that the receipt of the research and development grant had the
Irish leader in the design and development of environmentally sustainable wave energy conversion systems, Wavebob, announced that the administrative expenses tripled to €1.8m last year.
As Independent.ie reports, Wavebob directors noted that the receipt of the research and development grant had the effect of increasing administration costs.
The company accumulated losses of €2.6 million at the end of its last financial year.
[mappress]
Subsea World News Staff , August 16, 2012; Image: Wavebob
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