Overview
- Boryszew Kunststofftechnik, a major automotive supplier in Saxony-Anhalt, filed for insolvency in March 2025 due to prolonged industry challenges.
- The company has resumed paying employee salaries from its own resources, supported by a strong order backlog and production levels.
- Intensive negotiations are underway with several serious bidders interested in acquiring the company to secure its future operations.
- Boryszew began collaborating with Tesla prior to its insolvency filing and is exploring the possibility of strengthening this partnership.
- With 400 employees in Gardelegen and 110 in Idar-Oberstein, the company remains a significant regional employer, supplying major clients like Volkswagen.