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2024- The KaDeWe Group (owner of several of Germany's most iconic high-end department stores) have applied for restructuring under self-administration, a type of bankruptcy filing. 2024 - Mattress manufacturer, the Breckle Group, which has existed since the 1930s is insolvent. 2024 - Volkswagen plans to close three German factories in an effort aimed at cost cutting over $4.3 billion. 2024 - Volkswagen subsidiary Audi is planning to reduce its workforce by 15%. 2024 - Germany's Siemens head of tax service C. Kezer tells finance committee of the Bundestag that investing in Germany is pointless and the co. will invest abroad. More bankruptcies and insolvencies: 2024 - Metal precision parts manufacturer Schumag AG from Aachen, founded in 1830. 2024 - Lauchhammer art foundry, Germany's oldest, after 275 years of history. Co. 2024 - Schrutka-Peukert, manufacturer of refrigerators since 1871 2024 - Traditional confectionery manufacturer Leysieffer, existing since 1909 2024 - Bakery chain Krachenfels Handels GmbH after 340 years of operation. If this is not warfare against a country through bullshit sustainable energy machinations, I don’t know what is! And Germany is not the only victim of this in Europe! With many of these companies dies history, tradition and family run companies that were handed down generation after generation. RIP Europe 🙏🏻 https://t.center/LauraAbolichannel
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