Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The German automotive supplier Voit automotive, has filed for insolvency. Approximately 680 remaining employees at the St. Ingbert site are expected to gradually transition to a transfer company starting in January 2026, co-financed by Voit’s main customer ZF. Production at the plant is scheduled to cease on 30 September 2026.
Voit’s management attributes the anticipated closure to ZF, claiming the company rejected a proposal that could have preserved around half of the jobs.
Specialising in aluminium die casting, the company supplies major automotive manufacturers.
Eurofound (2025), VOIT Automotive, Bankruptcy in Germany, factsheet number 203609, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203609.