Bankruptcy of German industry giant: next traditional company goes bankrupt. Breckle Polsterbetten GmbH has been making mattresses since 1932.
350 employees were informed of the bankruptcy on Monday evening. Bankruptcies have been increasing in the country for a year. Experts expect high numbers of insolvencies to continue in 2024 before the situation stabilizes again. Due to consumer restraint due to inflation, more and more retail companies are being hit by the wave of bankruptcies.