- Thilmann Brot GmbH, founded in 1937, Rhineland-Palatinate branch, has filed for bankruptcy. Cites high energy/raw material prices for operating ovens.
- Department store chain Galeria Karstadt Kaufhof, with 131 branches, declare insolvency.
- Hülsta-Werke Hüls GmbH, after 82 years in operation is now insolvent.
- GA Actuation Systems GmbH, part of German holding co. Accursia Capital declares bankruptcy after loss of sales & inability to pay employee pensions.
Isn’t karstadt long overdue? Nothing lost there. Should’ve been shut down couple of years ago