Overview
- Administrator Alexander Zarzitzky confirmed no buyer for Roschmann Konstruktionen aus Stahl und Glas in the regular insolvency opened on October 1.
- About 100 employees in Gersthofen are being laid off, with a small core team retained to finish ongoing customer projects.
- Roschmann Glas GmbH, which employs roughly 50 people, is being acquired by a company in the Ertl Glas group, preserving operations at the site.
- Four companies in the Roschmann Group entered insolvency with differing prospects, while investor solutions have been secured for the US and UK units and a structured process is underway for the French entities.
- The crisis is attributed to weaker markets, lower order volumes, project delays, late payments, and rising costs after years of restructuring attempts, with reports that parts were unprofitable since 2020.