Baywa in the crisis: Bafin checks impending expropriation of small investors!

Baywa in the crisis: Bafin checks impending expropriation of small investors!

shock for the Baywa! The financial supervision Bafin has the alarm bells ring and checks the annual financial statements 2023 of the agricultural giant. There are massive doubts as to whether the BayWa has informed about impending liquidity problems and high interest risks in good time. Just a few weeks after the balance sheet template, the company was short of bankruptcy! Investor protector Daniela Bergdolt comments: "How could the BayWa not say a word about her financial difficulties at the Annual General Meeting in June?"

expropriation of small investors and farmers?

The Situation could have dramatic consequences for many shareholders. Baywa fights with enormous debts and high interest rates, and it is speculated that the Raiffeisen banks, as major shareholders, could force the small investors and farmers who have 38 percent of the company. "That would be a cold expropriation of the small investors," warns Bergdolt. It calls for an external examination of the supervisory board and threatens to complain of damages, should the BaFin presumption confirm.

BAFIN has already focused on the auditors of PWC, who had decreased the annual financial statements, even though they should be informed about the impending payment problems. "This is the central task of an auditor," says Bergdolt. The uncertainty about the future of the Baywa fueled fears among the shareholders who had relied on a stable dividend and security in their pension. The belief in the Baywa as a reliable institution could soon be shaken!