Went to zero – Citybox costs at 600 million

Axmed
Axmed

International Courant

Majority proprietor Martin Smith-Sivertsen believes a NOK 600 million valuation for Citybox is favorable, regardless of the price range resort chain breaking even final yr.

Citybox founder Martin Smith-Iversen (proper), right here along with managing director Eivind Hjulstad, is elevating new hundreds of thousands to fund the objective of changing into one of many main price range resort chains in Europe.Photograph: Nicklas Knudsen
Went to zero – Citybox costs at 600 million

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