Overview

• The creditors' committee is expected to decide Monday on ending production in Gerstungen, threatening about 600 positions.
• The company has been in insolvency since February 2024, initially under self-administration.
• Consultants at Roland Berger contacted 146 potential investors without success, and main client ZF Friedrichshafen deemed a proposed Aachen takeover not viable.
• A negotiated social plan and a transfer company are in place to support workers if the shutdown proceeds, according to regional reporting.
• Local officials warn of severe community impacts as the sector struggles with high energy costs, heavier bureaucracy and weaker demand, following a separate Lübeck site closure in April that cut 127 jobs.