Overview

• Brose's supervisory board approved the conditional continuation of operations at its Würzburg facility, pending key agreements.
• Negotiations will involve the works council, IG Metall, and Bavarian government officials to establish cost-effective and sustainable terms.
• Raymond Mutz, Brose's head of drives, will lead discussions with labor representatives and explore potential state funding opportunities.
• The Würzburg plant's closure could jeopardize 1,400 jobs, a concern raised by the labor union IG Metall.
• Brose, headquartered in Coburg, reported €100 million in losses for 2024, prompting a review of its Franconian sites as part of a cost-cutting strategy.