Type
Bankruptcy
Country
Germany
Region
Baden-Württemberg; Karlsruhe; Freudenstadt
Location of affected unit(s)
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18 - Printing and reproduction of recorded media

280 jobs
Number of planned job losses
Job loss
Announcement Date
29 April 2011
Employment effect (start)
29 April 2011
Foreseen end date
31 July 2011

Description

On 29 April 2011, the printing company Schlott announced to close its site in Freudenberg, Baden-Wurttemberg. All 280 jobs will be lost by the end of July 2011. Schlott has gone bankrupt and its insolvency manager has failed to find an investor for the site in Freudenberg while negotiations with investors on the future of Schlott facilities in Luebeck, Landau and Nuremberg are still going on.


Sources

  • 29 April 2011: Biegelaar.nl

Citation

Eurofound (2011), Schlott, Bankruptcy in Germany, factsheet number 71903, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71903.