Traditional company has to close and lays off all employees

As of: February 29, 2024, 4:50 a.m

By: Julian Baumann

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A traditional company from the Allgäu region has to close and is dissolved.

The reasons for the decision are varied.

Stuttgart - Amid a wave of bankruptcies and company closures in Baden-Württemberg, the situation at the traditional family-run company Eisen Thiermann stands out.

Unlike other companies that try to survive through bankruptcy proceedings and restructuring measures, the shareholders have made the decision to close operations completely.

All employees received their notice of termination at a works meeting.

At

you will find out the reasons for the closure of the traditional company from Baden-Württemberg and what the shareholders say about it.

A traditional company from the Allgäu region has to close after 133 years.

© IMAGO/Alexander Rochau

Another traditional company from Baden-Württemberg recently filed for bankruptcy, but the insolvency administrators are confident that they will be able to save the company.

The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion.

All information has been carefully checked.