Overview
- The Neubrandenburg district court ordered preliminary self-administration and appointed a court trustee (Sachwalter).
- Between 55 and 57 branches continue operating across Mecklenburg-Vorpommern and Brandenburg.
- About 410 employees have their pay covered by federal insolvency benefits through January.
- Advisers from Ecovis are supporting a plan focused on cost, process and liquidity optimization.
- The bakery cites sharply higher labor, energy and procurement costs and a customer shift to discounters, after already closing its frozen line and cutting 50 jobs in January.