Business
Insolvent Auto Dealer König Reaches Deals With Automakers Over Undelivered Cars
Agreements with Stellantis and Renault offer relief to thousands of buyers as an investor weighs a takeover of the German dealership chain.
insolvency
5 stories about this topic.
Business
Poundland Faces Potential Insolvency as Owners Weigh Alternative Bids
The discount retailer could face insolvency within days as private equity group Gordon Brothers evaluates offers for parts of the business.
Business
German Bakery Chain Moos Files for Protective Shield Insolvency Proceedings
The traditional family business in Hesse, operating 59 branches and employing 480 workers, is seeking restructuring due to soaring energy and raw material costs.
Business
Pasta Sassella Tartero Files for Bankruptcy in Germany
The renowned German pasta manufacturer faces insolvency proceedings due to high financing costs and an unexpected water damage incident.
Business
Traditional Bakery Lampe Cuts Jobs and Stores Amid Bankruptcy Restructuring
The sixth-generation German family business plans to close 15 locations and reduce its workforce to secure its long-term future after 147 years of operation.