Pyrum shares-offer to boost staff loyalty

Dillingen, Germany – Waste tire pyrolysis company Pyrum Innovation is strengthening employee loyalty by offering company shares to permanent staff.

Founder and CEO Pascal Klein has donated €75,000 worth of his shares in the company to be equally distributed among 70 employees, Pyrum announced 10 July.

The staff bonus, said the German cleantech company, aims to ‘recognise and motivate’ staff, with further employee-retention measures planned for the future.

"Since our IPO in 2021, it has been very important to me to let our employees participate in the success and growth of our company,” said Klein.

Celebrating its 15th anniversary, Pyrum is “about to enter the next stage of development”, the company's founder added.

The shares-offer is "in recognition of past performance, to provide motivation for the future and to strengthen employee loyalty,” he concluded.