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Stories from Harzgerode · Germany

3 stories in this location, newest first.

economy 14d ago Harzgerode

Bohai Aluminum Casting Faces Potential Insolvency

The aluminum die-casting manufacturer Bohai may face closure despite previous hopes for a rescue. Insolvency administrator Olaf Spiekermann stated that negotiations had recently been held with several potential investors. The company's future remains uncertain following news from Volkswagen last week. The manufacturer produces complex aluminum components including chassis, engine, and transmission parts. Volkswagen reportedly provided news regarding the company last week. The future of the Harzgerode-based production site remains uncertain despite previous signs of a possible rescue. The company is located in Harzgerode. Approximately 500 employees at the Harzgerode site are reportedly facing the threat of job losses. Matthias Stickel, a union secretary for IG Metall Halberstadt, expressed dismay regarding the news.
MDR Aktuell
economy 14d ago Harzgerode

Bohai And Schlotegruppe File For Insolvency

Automotive suppliers Bohai and Schlotegruppe have filed for insolvency, according to an insolvency administrator. The filings affect locations in Harzgerode and Wernigerode. This development impacts approximately 1,000 direct jobs in the region. The administrator stated that operations at these sites may soon cease entirely. Approximately 1,000 direct jobs are at risk due to these filings. The administrator stated that the situation appears to be reaching a critical point. A creditors' committee must make a final decision on the matter in approximately 14 days. The companies intend to utilize the remaining two weeks before the creditors' meeting to explore all available options.
MDR Aktuell
economy 15d ago Harzgerode

Two Companies in German Auto Supplier Industry Face Closure

Several auto suppliers in the Harz district are facing closure. However, many areas designated for offshore wind parks will now be commissioned significantly later than planned. A good third of these areas are expected to go into operation at least ten years later than currently scheduled. The factory produces excellent products with high casting quality. Insolvency administrators announced that negotiations with potential buyers did not result in an agreement. orders are set to be lost in the autumn, impacting over 1,000 employees directly and several hundred indirectly. The 12-hour rule at gas stations has reportedly provided additional profits to corporations. Over 1,000 employees are affected by these potential closures. The Frankenschnellwegbrücke in Nuremberg, Germany, a and the city's longest bridge, has been closed for a month due to collapse risk.
MDR Aktuell