EBIOSS Energy, SE Auditor Raises 'Going Concern' Doubt

Ebioss Energy ED, formerly Ebioss Energy AD, is a Bulgaria-based company engaged in the environmental services and equipment industry. The Company manages companies developing projects in the waste to energy sector. It operates on three business areas: creating value from waste utilization through analysis of the chemical composition of waste and residue; technology for power generation that includes engineering a proper technological solution (power plant equipment) for the particular waste blend, installing and maintaining the power plants; generating and selling energy, encompassing development and operation of power plants. Its technologies include EQTEC and WINTTEC. EQTEC‘s main activity is the design, EPC (Engineering, Acquisition and Construction) and operation and maintenance of power plants and thermal generation based on thermal gasification of biomass and waste. WINTTEC develops solutions for waste containers in urban areas.