The de-industrialisation of Germany 2022 - Textile supplier for vehicles, Borgers SE & Co. KGaA filed for bankruptcy after 156 yrs in business 2022 - One of the largest soap manufacturers in Europe, Kappus, declares bankruptcy after being in operation since 1848. 2022 - Bodeta Sübwaren confectionery founded in 1892, filed for bankruptcy. 2022 - Construction co. Wolff Hoch- und Ingenieurbau file for bankruptcy after 125 yrs 2022- Bakery chain Thilmann Brot GmbH, founded in 1937, declares bankruptcy 2022 - Traditional bakery, Thilmann Brot GmbH, founded in 1937, filed for bankruptcy. Cites high energy/raw material prices for operating ovens. 2022 - Department store chain Galeria Karstadt Kaufhof with 131 branches, declare insolvency. 2022 - Furniture co., Hülsta-Werke Hüls GmhH after 82 years in operation is insolvent. 2022 - Austrian manufacturer of cable pulls, GA Actuation Systems GmbH part of German holding co. Accursia Capital declares bankruptcy. 2023 - Zippendorfer Landbrot GmbH bakery chain, in business since 1925, now bankrupt. 2023 - Bicycle manufacturer, Prophete founded 110 years ago, insolvent. 2023 - Transmission manufacturer Zimm in Ohorn is subject to provisional bankruptcy. 2023 - Lighting systems supplier, Bäro is insolvent. 2023 - 150 year old beer manufacturer Bachmayer in Bavaria bankrupt. 2023 - Brewery Böhmisch Brauhaus in Großröhrdorf (Saxony) insolvent after 130 years in operation. 2023 - Wine manufacturer Rilling Sekt from Bad Cannstatt (Stuttgart) closed down after 135 years. Biotech co. Pentracor in Hennigsdorf, bankrupt 2023 - Cargo bike co. Avocargo operating in Berlin & Munich insolvent. 2023 - Eisenwerk Erla, the oldest traditional co. in Saxony, files for bankruptcy after more than 600 years of existence! 2023 - Teusser Mineralbrunnen Karl Rössle GmbH, a mineral water company filed for bankruptcy after 130 years in operation. 2023 - The Offenbacher traditional co. Alfred Clouth Lackfabrik GmbH, founded in 1917, now insolvent. 2023 - The Memmingen Brauerei GmbH of Bavaria, bankrupt after 120 years of brewery operations! 2023 - Waggonbau Niesky, the last producer of freight wagons in Germany, goes insolvent. 2023 - More than 300-year-old traditional slaughterhouse Röhrs Butchery filed for bankruptcy. The business has roots back to 1709. 2023 - 140 year old Schongau Strumpffabrik hosiery factory enters insolvency. 2023 - Peek & Cloppenburg the largest fashion retailer in the country goes bankrupt after being in business since 1901. 2023 - Rudolf Dankwardt GmbH, traditional manufacturer of hygiene products goes bankrupt after 60 years in operation 2023 - Dörsch bakery in Hof, after almost 90 years of declares insolvency 2023 - Textile company Hofer Spinnerei Neuhof files for bankruptcy after 125 years of spinning mill operations. 2023 - One of the Germany’s largest mail order co.'s, Klingel, in operation for 100 yrs is insolvent. 2023 - Glass manufacturer Weck GmbH & Co of Dortmund is bankrupt after 120 years 2023 - Electrical company "ABL" of Lauf, operating for over 100 years files for bankruptcy. 2023 - Fashion house Rübsamen, in existence for more than 120 years declares insolvency 2023 - 50,600 businesses closed down in H1 2023, an increase of 12.4% compared to H1 2022. The number of corporate insolvencies rose 23.8% in July compared to July '22. 2024 - 230 year-old fine tin-glazed pottery business Zeller Keramik filed for bankruptcy. 2024 - Biebelhausener Mühle GmbH (a traditional baking co.) based in Ayl-Biebelhausen since the 17th century declares insolvency. 2024 - Bankruptcies on a y-o-y basis in manufacturing increased by 22.6%, in retail went up by 18.5% and in the service sector rose by 16.7%. 2024 - Over 330 years after its foundation, the Koblenz Brewery auctions off its inventory after filing for bankruptcy 2024 - Kitchen accessories manufacturer M. Westermann of North Rhine-Westphalia, bankrupt. After being founded 150 years ago. Continues… 👇🏻