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Corona crisis: Arko, Eilles and Hussel apply for insolvency on their own

2021-01-18T18:35:02.108Z


The corona closings are putting a strain on confectionary retailers Arko, Eilles and Hussel. Your holding company has now applied for preliminary insolvency on its own. Business should continue to run.


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Hussel store in Berlin: belongs to an umbrella company with 300 branches and 1,600 employees

Photo: 

STPP / imago images

The shops in the pedestrian zones and shopping centers are suffering from the corona crisis, which is now having drastic consequences for the parent company of the confectionery shops of Arko, Eilles and Hussel.

Deutsche Confiserie Holding (DCH), to which the well-known specialist retailers belong, has applied for preliminary insolvency on its own at the Norderstedt district court in Schleswig-Holstein.

The business operations of the shops specializing in confectionery, coffee and tea should be continued in full, said the managing director of the DCH Group, Patrick G. Weber.

The district court followed the requests.

The two provisional trustees Dietmar Penzlin and Tjark Thies announced that wages and salaries were secured for three months via the insolvency money.

The reason for the step is the stresses caused by the corona crisis.

Federal Council unanimously for longer insolvency protection

According to its own information, DCH operates around 300 of its own branches nationwide under the Arko, Eilles and Hussel brands, further branches and franchise operations in Austria and the Czech Republic as well as around 4,000 sales outlets in food retailers and bakeries.

The group of companies employs around 1,600 people and most recently achieved annual sales of 140 million euros.

The currently still valid suspension of the obligation to file for insolvency for numerous companies in distress in the pandemic indicates that the situation at DCH is quite serious.

The Federal Council has asked the Federal Government to extend the rule, which is currently limited to the end of January, for insolvent or over-indebted companies.

A corresponding resolution, which goes back to an advance by Hesse, has now been passed unanimously.

The Federal Council also called for a special regulation that is entitled to state Corona aid measures, but still has to wait for payment.

This is to prevent fundamentally healthy companies from sliding into bankruptcy on February 1st.

Icon: The mirror

apr / dpa / AFP

Source: spiegel

All business articles on 2021-01-18

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