After Almost 100 Years: Traditional Chocolate Manufacturer Announces Bankruptcy
6 Articles
6 Articles
For almost 100 years, the chocolates of Confiserie Paulsen have been in Hamburg. However, due to economic constraints, insolvency proceedings must now be opened.
Confiserie Paulsen, a confectionery manufacturer founded in 1928, has filed for bankruptcy, the German daily Bild reported. The Hamburg-based manufacturer assures that its branches will remain open.
Exploding cocoa prices and weak demand have added to a Hamburg cult confectionery. After almost 100 years, Paulsen is facing the end.
After nearly 100 years of operation, Hamburg-based confectionery manufacturer Confiserie Paulsen has found itself facing a crisis. The company managing the company has filed for bankruptcy.
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