- Now we can aim for the 200th anniversary in 2025. To be able to continue to conduct industrial crafts in Sweden, it feels cool, says CEO Oskar Juhlin.

Gustavsberg's porcelain factory has had a difficult time. The former company that ran the business recently went bankrupt with just over SEK 6 million in debts to the property owner Värmdö municipality.

There were 20 employees left and a new company took over the business, without a lease.

"Need to behave financially"

The municipality first threatened with eviction, but after negotiations, the parties have thus signed a lease agreement.

- It has been a sensible discussion. The porcelain factory itself is a cultural treasure, but it needs to be financially viable to cope with the future, says Cecilia Lejon, municipal director in Värmdö municipality.

The municipality plans to sell the property, so the new contract is a temporary so-called demolition contract of eight months with the possibility of extension.

Oskar Juhlin believes that it is now that the wind is turning and that the porcelain factory will soon get its finances in order.

See more in the clip above.