Overview

• Platal Mobilsysteme GmbH, a modular construction specialist, has filed for insolvency, citing financial pressures.
• Approximately fifty employees at Platal have been informed they will lose their jobs by the end of April 2025.
• This follows a similar insolvency filing by VBH Deutschland GmbH, jeopardizing the jobs of its 500 employees.
• Studies by the Federal Statistical Office highlight these cases as part of a wider crisis affecting Germany's traditional construction firms.
• The sector faces mounting challenges, including rising costs, supply chain disruptions, and increasing international competition.