Oschersleben (dpa/sa) - The confectionery manufacturer Bodeta from Oschersleben is insolvent. The company filed an application for insolvency proceedings under self-administration at the Magdeburg District Court on Monday, a spokesman for the company announced on Tuesday. The reason is the rising energy prices for energy-intensive production. Production will continue as usual during the renovation process, the spokesman said. The "Mitteldeutsche Zeitung" had previously reported.
In addition to the energy costs, the prices for important raw materials have exploded in recent months, the spokesman explained. Sugar has become more expensive by more than 100 percent, glucose by 200 percent. In addition, the prices for the packaging materials have risen sharply. In addition, there will be a significant increase in the minimum wage, which will lead to a further increase in costs from October 1, 2022.
The management has already informed the approximately 110 employees about the steps taken, said the spokesman. Wages and salaries are secured by the Federal Employment Agency until the end of November. "Bodeta needs a strong partner with whom we can make the company future-proof," said Managing Director Markus Letsch. In the case of insolvency proceedings under self-administration, the management remains responsible for the operative business. You will be assigned a trustee by the district court.
Bodeta Sweets GmbH was founded in 1892. According to the company, it specializes in the production of sweets and dragees. Bodeta is best known for the green-packaged eucalyptus menthol sweets.
