Peguform Gmbh

Type
Bankruptcy
Country
Germany
Region
Baden-Württemberg; Freiburg; Breisgau-Hochschwarzwald
Location of affected unit(s)
Bötzingen (Baden-Württemberg)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
5,500 jobs
Number of planned job losses
Job loss
Announcement Date
29 May 2002
Employment effect (start)
Foreseen end date
1 December 2003

Description

Initiatives have been taken to save the enterprise, but on 02/10/2002, insolvency has been declared. The enterprise can survive only with a restructuration plan or being sold.

Sources

  • 29 May 2002: Frankfurter Allgemeine
  • 1 October 2002: Der Standard

Citation

Eurofound (2002), Peguform Gmbh, Bankruptcy in Germany, factsheet number 59438, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59438.