Overview

• Business operations at the Bitterfeld-Wolfen and Hohenstein-Ernstthal sites were suspended on 1 September, the insolvency administrators said.
• The majority of roughly 540 employees were furloughed or dismissed after the insolvency-wage period expired.
• At Meyer Burger (Germany) in Hohenstein-Ernstthal, 206 staff were furloughed and 62 remain for wind-down tasks.
• At Meyer Burger (Industries), 271 employees were terminated, including 38 retained to handle wind-down activities.
• Administrators reported no investor at present, said talks with interested parties continue with uncertain prospects, and noted that rehiring could be possible if a buyer emerges.