Overview
- Multiple outlets report that Karrié Bau has filed in Mainz, while the company and other reports describe an application being prepared, and the official court notice was still pending this morning.
- About 170 employees at the Mainz headquarters are directly affected, and the group employs more than 400 staff across Stuttgart, Munich, Hamburg, Recklinghausen and Erfurt.
- Two weeks earlier, subsidiary Karrié Bauwerkserhaltung GmbH initiated insolvency proceedings, impacting operations at several outposts.
- Management says ongoing projects, including work at the Mainzer Taubertsbergbad, should be completed on schedule, even as several private jobs in the Mainz-Bingen district have been stopped and parts of the business were paused.
- Under standard procedure, wages are expected to be covered for up to three months via insolvency pay, with the company citing higher costs, delayed orders and broader construction-sector strains as drivers of the crisis.