Overview
- The regular insolvency was opened on October 1 after no solution emerged in the preliminary phase, according to administrator Dr. Alexander Zarzitzky.
- About 100 employees in Gersthofen were dismissed at Roschmann Konstruktionen aus Stahl und Glas.
- Austria’s Ertl Glas AG is taking over the glass business, securing roughly 50 jobs, according to the insolvency administrator and local reports.
- A small retained team will complete ongoing customer orders to ensure an orderly conclusion.
- Another part of the Roschmann Group has an investor, though no further details were disclosed.