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Boryszew Kunststofftechnik Sees Hope for Future as Takeover Talks Progress

The insolvent auto supplier has resumed payroll, sustained production, and attracted multiple serious bidders as it explores deepening ties with Tesla.

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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.