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Vulkan Technic Enters Insolvency, Opens Talks With Potential Buyers

Court-appointed administrator Manfred Kürsch has secured two months of wages for staff, reviewing rescue and sale options

Overview

  • The company filed for insolvency at the Wittlich court on June 27 after pandemic disruptions and a prolonged automotive downturn eroded its finances.
  • Manfred Kürsch was appointed provisional administrator to oversee operations and assess both restructuring and sale scenarios.
  • Production at the Wiesbaum and Bitburg factories continues uninterrupted under insolvency protections.
  • Founded in 1995, Vulkan Technic built more than 1,000 custom automation systems and won a €1.5 million federal innovation prize in 2009.
  • The case underscores a rising wave of bankruptcies among German mechanical engineering and auto-supply firms grappling with post-COVID market shifts.