Overview
- The filing was made at the Neubrandenburg district court, which ordered provisional self-administration.
- Operations continue without restrictions, with all branches open and business customers still being supplied.
- The management is working on a restructuring plan with an expert team from Ecovis, whose lawyer Nils Krause flagged limits on passing cost increases to customers.
- The company cites surging personnel, energy and procurement costs along with a shift toward cheaper discounter products as the main pressures.
- In January 2025 it shut its frozen-production line and cut about 50 jobs, and sector peers such as Leifert have begun similar self-administered processes.