EK acknowledges past issues, unveils corrective actions in official statement – a step forward.

EK's CEO, Edvard König, addresses concerns and apologizes for delayed payments and lack of communication, taking steps to rectify the situation and rebuild trust while remaining committed to their mission of elevating computers for a better world.

CEO Edvard König has taken charge and is actively addressing the issues at hand.
EK is openly communicating any delays and uncertainties that impact outstanding payments.
The company is committed to fulfilling its financial obligations and rebuilding trust.

In a recent statement, EK’s founder and CEO, Edvard König, addressed concerns raised by the media and the public regarding the company’s operations. König acknowledged the seriousness of the situation and expressed his apologies for the delayed payments experienced by some external contractors and business partners, as well as the lack of communication.

Taking charge of the CEO position in February 2024, König has already taken steps to rectify the issues at hand, including addressing the filing of US taxes. While the company’s vision and strategic orientations remain unchanged, there is still work to be done. To that end, EK has implemented key actions to address the situation:

1. Openly communicating any delays and uncertainties that impact outstanding payments, starting with personnel.
2. Reconciling relations and communication between all subsidiaries and entities of EK Water Blocks.
3. Improving transparency and frequency of internal communication with employees regarding the current situation.
4. Resolving any outstanding overtime work issues for EK employees, with a dedicated email address set up for claims.

EK acknowledges and appreciates the patience and understanding of its community, customers, and partners during this challenging time. The company is committed to fulfilling its financial obligations and rebuilding trust. With their mission to elevate computers for a better world at the forefront, EK is dedicated to rectifying the situation and fostering a more responsible company culture.

EK expresses gratitude for the continued support from its community over the past two decades and assures stakeholders that they are working hard to overcome these challenges and make things right.

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Background Information

About EK: EKWB, or EK Water Blocks, is a Slovenian company specializing in liquid cooling solutions for computers. They are well-regarded for their high-quality water cooling components, including CPU and GPU water blocks, radiators, pumps, and tubing. EKWB is a trusted brand among PC enthusiasts and overclockers, offering efficient and customizable cooling solutions to help maintain optimal operating temperatures for high-performance computers.