Overview

• Insolvency administrator Jochen Zaremba announced the closure of the Sulzbach-Rosenberg pipe mill and has released the workforce from duty.
• Negotiations with the works council on a social plan are set to begin, with formal dismissals expected once those talks conclude.
• IG Metall Bayern district leader Horst Ott called the shutdown "a scandal" and criticized management, citing long-serving employees who lost jobs overnight.
• Zaremba cited ownership and pricing hurdles as decisive, noting the plant’s equipment did not belong to the insolvent company and takeover bids could not meet the owner’s expectations.
• The pipe mill is the last remnant of the Maxhütte complex, which has faced repeated insolvencies since 2022 despite earlier state rescue attempts reported at about €250 million.