Overview

• The business operations at Bitterfeld-Wolfen and Hohenstein-Ernstthal were stopped on September 1 after no buyer emerged, according to insolvency administrators Lucas Flöther and Reinhard Klose.
• Most of roughly 540 employees were furloughed or dismissed when the statutory insolvency-wage period ended, with only small teams retained for wind-down tasks.
• Staffing details provided by the administrators include 206 furloughed and 62 retained at Meyer Burger (Germany) GmbH, and 271 dismissed with 38 retained at Meyer Burger (Industries) GmbH.
• Talks with potential investors continue, though administrators stress there is no indication they will succeed; they remain open to new offers and say rehiring could be possible if a rapid deal materializes.
• Reports attribute the collapse to prolonged price pressure from cheaper Asian solar imports, a curtailed U.S. expansion, and the loss of major customer Desri in November 2024.