Krachenfels bakery in need: 29 branches affected! Insolvency registered!

Krachenfels bakery in need: 29 branches affected! Insolvency registered!

Villingen-Schwenningen, Deutschland - The traditional large bakery in Krachenfels is on the abyss! Registered bankruptcy - a shock for the 210 employees who have to worry about their jobs! The alarming message came over the "Swabian" and affects 29 branches that extend between the picturesque Black Forest and the beautiful Lake Constance. The company started a restructuring process in the summer to renovate itself and to avert the impending bankruptcy.

bankruptcy and its causes

The district court of Villingen-Schwenningen has confirmed that two companies in the company are affected: Krachenfels Handels GmbH and the Krachenfels GmbH bakery. The experienced lawyer Thorsten Schleich was used as a preliminary administrator to steer the bakery's fortunes in this critical phase. The reasons for the economic imbalance are alarming: drastically increased energy costs and price increases in the use of goods are increasing to the company. But that's not all! The persistent consequences of Corona pandemic have also tightened the Situation and plunged the company into an even deeper crisis.

The bankruptcy is not only a blow for the employees, but also reflects a worrying trend: In Germany, bankruptcy figures have increased dramatically since 2023. The Krachenfels bakery now faces the challenge of freeing itself from this precarious situation and securing the future of its branches. The coming weeks will be decisive whether the traditional bakery will get back on its feet or whether the light for the popular baked goods is exposed.