Type
Bankruptcy
Country
Germany
Region
Hessen; Gie├čen;
Location of affected unit(s)
Bad Nauheim
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.2 - Manufacture of musical instruments

70 jobs
Number of planned job losses
Job loss
Announcement Date
5 May 2010
Employment effect (start)
5 May 2010
Foreseen end date
5 May 2010

Description

The manufacturer of wooden musical instruments Schreiber & Keilwerth at Bad Nauheim had to file for insolvency. According to the insolvency administrator, 70 out of 300 jobs are being cut. The administrator is in search for a new investor.


Sources

  • 5 May 2010: Frankfurter Rundschau

Citation

Eurofound (2010), Schreiber & Keilwerth, Bankruptcy in Germany, factsheet number 70519, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70519.