Meyer Burger: Applied to bankruptcy for German subsidiaries!
Meyer Burger: Applied to bankruptcy for German subsidiaries!
Thalheim, Deutschland - The Meyer Burger Technology AG is faced with a special challenge because the company has made bankruptcy applications for its German subsidiaries. This decision concerns Meyer Burger (Industries) GmbH and the Meyer Burger (Germany) GmbH after all efforts have not been fruitful for successful renovation. This step was announced on Saturday evening and means that the locations in Germany should continue to exist despite the bankruptcy proceedings, if there are successful renovation, as Https://www2.oekonews.at/Meyer-burger-application-fuer-German-German-Gesundacies+2400+127174) reports.
The subsidiary in Germany employs over 600 people, distributed to the production facility in Thalheim and the technology development in Hohenstein-Ernstthal. The situation in the United States is particularly worrying, where on May 29, 2025 all 282 employees of Meyer Burger (Americas) Ltd. were released. However, the company remains as a legal person. In Switzerland, on the other hand, the subsidiary Meyer Burger (Switzerland) AG remains operational with around 60 employees.
renovation attempts and further steps
Despite the applications for bankruptcy, negotiations on possible renovation measures continue to take place. These negotiations are led by a court -appointed provisional insolvency administrator. The original deadline for submitting the business figures for 2024 ran on May 31, 2025, whereby the company applied for a deadline extension. In view of the current situation, it is uncertain how the jobs in the German subsidiaries will continue, since concrete information about the future of employees in the bankruptcy proceedings are currently not available, such as [20 minutes) supplemented.
The Meyer Burger Technology AG is not only with its difficulties. In 2024, a total of 21,812 companies registered bankruptcy in Germany, which corresponds to an increase of 22.4 % compared to the previous year. This number shows a significant increase, which is caused by various crises. Companies that have been on the market for several years are often particularly affected, which the challenges with which Meyer Burger is faced with further in the context of a general economic situation, such as [IFM Bonn] (https://www.ifm-bonn.org/statistiken/gruendungen-und In view of these developments, it remains to be seen how the situation for Meyer Burger and his employees will develop. The hope of successful renovation and the preservation of the locations is still intact, but there are considerable challenges for the company.
| Details | |
|---|---|
| Ort | Thalheim, Deutschland |
| Quellen | |