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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

08 April 2025, Baden-Württemberg, Gosheim: Machines are assembled in an assembly hall of the mechanical engineering company Hermle for precision machines. The universal milling machines and machining centers are developed for machining tools, moulds and series parts. Photo: Bernd Weißbrod/dpa (Photo by Bernd Weißbrod/picture alliance via Getty Images)

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.