Insolvency at Schaefer bakery: Future of the branches in danger!
Insolvency at Schaefer bakery: Future of the branches in danger!
Illingen, Deutschland - The Saarland bakery Schaefer, a traditional craft company based in Illingen, has filed for bankruptcy and initiated a procedure for self -administration. This was published on December 8, 2024 via social media. The aim of this measure is to secure the future of the company, which was founded in 1984 and now operates 13 branches. A significant problem are the increased increased costs of energy, personnel and production that have led to an impending insolvency, such as .
The bankruptcy proceedings aim at a comprehensive restructuring, the end of which will be sought by spring 2025. During the changes, the company currently employs around 150 people and is committed to continuing to maintain the supply relationships with its customers, including hospitals and hotels. The situation of Schaefer is not isolated; It reflects the challenges in front of which many bakeries are in Saarland, due to the drastic cost increases in the industry.
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| Ort | Illingen, Deutschland |
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