German solar module maker Soluxtec files for insolvency
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2 Articles
German solar module maker Soluxtec files for insolvency
Soluxtec has entered provisional insolvency proceedings as declining module prices and international competition continue to pressure European solar manufacturers. The company said it plans to restructure operations, maintain module deliveries, and preserve jobs while seeking investors.From pv magazine Germany German solar module manufacturer Soluxtec has filed for insolvency proceedings with the Bitburg District Court on Wednesday. The court ap…
70 employees are affected by the insolvency proceedings. Talks with potential investors are already underway and are supposed to ensure the preservation of the jobs.Soluxtec submitted an application to the District Court of Bitburg on Wednesday for the opening of insolvency proceedings. The judges appointed lawyer Jakob Joeres from the medium-sized auditing and consulting company dhpg as interim insolvency administrator. Together with the manage…
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