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.