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Krachenfels Bakery is fighting for survival: future uncertain!
After almost 340 years, the traditional Krachenfels bakery has to file for bankruptcy. 210 employees are affected, salaries are secured.
Krachenfels Bakery is fighting for survival: future uncertain!
A centuries-old tradition is falling apart! The Krachenfels bakery, with a proud 340-year history, is forced to file for bankruptcy. The company, which was founded in 1686, faces an uncertain future, while the branches in Villingen-Schwenningen and Trossingen have already closed. The shock wave is going through the industry as 210 employees are affected by this dramatic turnaround!
But there is a glimmer of hope! Georg Krachenfels, who is the third generation to run the family business, is not giving up: “Our goal is to strengthen and continue the Krachenfels bakery for the future.” Despite the tense situation, the employees' jobs are secured for the time being because their salaries are covered by insolvency money. A small ray of hope in the midst of the crisis, but the question remains: What's next for this traditional bakery?
Another setback for the industry
The Krachenfels bankruptcy is not the only shock for the baking world. Just recently, another large bakery chain from southern Germany also filed for bankruptcy. These developments shine a bright light on the challenges facing the industry. The future of the Krachenfels bakery remains uncertain, and concerns about the employees' jobs are palpable. Time will tell whether the company will turn things around or whether the centuries-old tradition will finally fade.