OXE Marine AB publishes annual report for 2020

OXE Marine AB ("The Company") announced the following significant events during the year: The company name changed from Cimco Marine AB (publ) to OXE Marine AB (publ) The company received EUR 4 m in funding, relating to Tranche B of the EIB facility. PanLink in Tczew, Poland selected as the production partner for the OXE300 and Outdoor Network Manufacturing in Albany, USA selected as the new manufacturing partner for the 125hp to 200hp series. Following the successful collaboration with the BMW Group of marinizing their 3 liter, 6 cylinder bi-turbo engine for use in the OXE300s, OXE Marine AB and BMW agreed to co-brand the OXE300.