The German Factory Prinz & Co., with 130-Year-Old History, Went Bankrupt.
6 Articles
6 Articles
The German company Prinz & Co. Stahlrohre, which had produced car components for 130 years, declared bankruptcy due to a systemic crisis in the industry. The German manufacturer of the car components Prinz & Co. Stahlrohre declared bankruptcy after 130 years of work, transferred the TASS. The procedure was launched on 9 September by the Essen court. Christian Holtzmann, a temporary arbitration manager, was appointed. "The price of raw materials …
A German steel company has to file for insolvency – hundreds of employees are worried about their jobs.
The German manufacturer of the car components Prinz & Co. Stahlrohre started bankruptcy 130 years after the foundation. 310 jobs in four enterprises in North Rhine, Westphalia, were threatened. On 9 September, the Essen court launched the company ' s provisional insolvency procedure, reports Bild. Christian Holtzmann ' s lawyer was appointed interim manager.
A traditional German manufacturer is facing a serious crisis. Find out what's behind its problems and whether it can save hundreds of endangered jobs.
The crisis in the automotive industry claims another long-standing victim. An automotive supplier that has existed since 1896 collapses. It produces important components used by many car manufacturers. – There is a part of us in every car, the company says. The German automotive industry is being shaken by yet another bankruptcy. At a recent members' meeting, the staff of the long-standing subcontractor Prinz & Co. GmbH Stahlrohre in […]
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