Bavaria: Supplier files for bankruptcy: 2000 employees affected

Kronach (dpa / lby) - The automotive supplier Dr.

Bavaria: Supplier files for bankruptcy: 2000 employees affected

Kronach (dpa / lby) - The automotive supplier Dr. Schneider from Kronach in Upper Franconia has filed for bankruptcy. the dr The company announced that the Schneider group of companies wanted to restructure itself with this step.

The management therefore submitted an application for insolvency for the companies in the group in Germany to the district court in Coburg on Wednesday. Around 2000 employees are affected. The foreign subsidiaries in the USA, China, Spain and Poland are not affected by the insolvency. Overall, the group claims to have more than 4,000 employees worldwide. The company manufactures components for vehicle interiors such as panels or ventilation systems.

The provisional insolvency administrator is attorney Joachim Exner from the law firm Dr. Beck and Partners have been appointed. He sees "fundamentally good chances for a restructuring," said Exner. "Dr. Schneider is one of the market leaders for automotive interior products and has first-class customer relationships with almost all leading automobile manufacturers."

An investor solution or a kind of comparison with the creditors is now conceivable, the company reported. The wages and salaries of the employees are initially secured for three months via the insolvency money from the Federal Employment Agency. Production should continue without restrictions.

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