The de-industrialisation of Germany 🇩🇪 - Part 4.

The de-industrialisation of Germany 🇩🇪 - Part 4.

🔹Mainzer North Channel Bank, founded almost 100 years ago declares bankruptcy.

🔹Zippendorfer Landbrot GmbH bakery 🍞 chain, in business since 1925, now bankrupt.

🔹Bicycle manufacturer, Prophete, founded 110 years ago, insolvent.

🔹One of Germany's largest nursing home operators, the Convivo Group has filed for bankruptcy.

🔹Shareholders stop financing brewer 🍺 Jakobiner Bräu sending it insolvent.

🔹Transmission ⚙️ manufacturer Zimm in Ohorn is subject to provisional bankruptcy.

🔹 Lighting systems supplier, Bäro is insolvent.

Previous posts on this channel:

💠 CEO of the Federation of 🇩🇪 German Industries said 1 in 4 German co.'s is considering moving production to other countries.

💠 German co.'s operating for over 100 years shut down amidst a surge in bankruptcies.

Video- Wolfgang Grupp, CEO of Trigema. One of Germany's largest textile companies.

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