Overview
- Regular insolvency proceedings for four Roschmann Group companies opened on October 1, and no investor was found for the steel-and-glass subsidiary.
- About 100 employees in Gersthofen have been laid off from Roschmann Konstruktionen aus Stahl und Glas, with a small core team retained to complete ongoing projects.
- Roschmann Glas GmbH has been sold to Austria’s Ertl Glas AG, securing a continuation of operations and roughly 50 jobs at the Gersthofen site.
- The group’s subsidiaries in the United Kingdom and the United States are not part of the proceedings, with investor solutions already secured for the operating entities there.
- Insolvency officials cite a weak market, reduced order volume, delayed projects and higher construction costs in early 2025 causing late payments and a liquidity shortfall.