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German Auto Supplier Winning BLW Enters Insolvency Self-Administration

A sharp revenue drop prompts a court‑supervised restructuring under Germany’s self‑administration process.

Overview

  • Winning BLW filed at the Wuppertal local court, with lawyer Jan Groß appointed general representative and Jens Schmidt named provisional trustee.
  • The company says production continues at Remscheid, Duisburg and Penzberg, with roughly 500 employees affected.
  • Wages and salaries are covered by insolvency pay through the end of 2025.
  • It remains unclear whether the related Winning BLW Management GmbH, which employs about 400 people, will also file.
  • IG Metall reports strong concern, calls for transparency and job safeguards, and highlights particular exposure at the Penzberg site.