Overview
- The Amtsgericht Delmenhorst approved provisional self-administration for Atlas and several subsidiaries, keeping management in charge under a court-appointed supervisor.
- Restructuring advisers Malte Köster and Hans-Joachim Berner were named general representatives, and Hendrik Gittermann of REIMER was appointed as the Sachwalter.
- Operations continue without interruption, including production, spare-parts supply and customer service, according to company statements.
- An investor search has been launched, described by the restructuring team as an international process to secure fresh capital.
- IG Metall in Oldenburg criticizes a lack of transparency around the filing and demands full information and prioritization of job security.