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Baiersbronn – Until recently, the annual turnover of the paper mill in the Black Forest was 80 million euros. But now the packaging manufacturer is bankrupt! Baiersbronn Frischfarben Verpackung GmbH was forced to file for bankruptcy at the District Court of Rottweil. If an investor is not found in the next few months, 220 jobs could disappear.
Company from Baden-Württemberg primarily produces so-called folding cardboard boxes for customers in the food, pharmaceutical and cosmetics industries. Despite the financial difficulties, business activities are still continuing as usual. Lawyer Doctor was appointed as interim insolvency representative. Jan Markus Platner ordered.
Baiersbronn Frischfarben Verpackung GmbH employs 220 people.
This is what the arbitration manager says
When asked by BILD, the restructuring expert held back and did not want to disclose any details about the amount of accumulated liabilities. First, the team needs to gain an overview and take steps to stabilize operations. Further delivery option corporate must be provided.
Previously, Dr. Platner said in a press release: “The goal is to quickly implement a solution for investors as part of a structured process that also secures employee jobs in the long term.” Salary about 220 Employees covered by insolvency benefits from the Federal Employment Agency for June, July and August.
Paper and cardboard production at the factory continues without restrictions
Reasons for bankruptcy
The paper mill was particularly burdened by high energy costs. economic Problems solved. Added to this is the lack of orders in a difficult market situation. Before you register insolvency The approximately 75-year-old company itself has tried to reduce production costs, but to no avail. The search for investors is now in full swing.
Read more on the topic
The crisis is spreading: it was only recently The traditional Heinsberg paper mill suffered its third bankruptcy. slipped. The company has also been in bankruptcy proceedings since April. A company spokesman told BILD: “The paper industry is under enormous pressure from high prices. Production costssuch as increased energy and personnel costs, and is struggling with a significant decline in demand.”