Euroheater Secures Strategic Capital Boost

SWEDEN | April 23, 2025 : Euroheater Strengthens Capital Base to Accelerate Growth and Innovation.

Euroheater AS has completed a directed share issue of NOK 10 million to Swedish firm Promoteq AB, marking a key milestone as the company enters a new phase of global expansion. This capital injection strengthens Euroheater’s financial position and supports the acceleration of several high-impact, internationally focused projects.

Promoteq AB, a long-standing customer and operational partner, has acquired a 10% stake previously held by CRO Invest AS. With its established presence in supplying advanced equipment to defense, law enforcement, and medical sectors worldwide, Promoteq AB brings both strategic alignment and growth capital to Euroheater’s mission.

The strengthened partnership and funding will allow Euroheater to scale R&D efforts, increase production, and bring next-generation heating technologies to new global markets.

As a dedicated manufacturing partner, CanHeat continues to collaborate with Euroheater to build and deliver their advanced heating systems — helping translate innovation into field-ready solutions for defense and emergency applications.