Traditional company has to close and lays off all employees.. As of: February 26, 2024, 12:26 p.m By: Julian Baumann CommentsPressSplit A traditional company from the Allgäu region has toclose after 133 years.

The reasons for the decision are varied. Another traditional company in Baden-Württemberg recently filed for bankruptcy. The insolvency administrators are confident that they will be able to save the company. The editor JulianBaumann wrote this article and then used an AI language model for optimization at his own discretion.