A further decline in sales in 2020 due to COVID 19 has exacerbated the situation, so that, despite the measures taken to reduce costs and the sale of a company property, further losses could not be prevented.
The responsible local court appoints an administrator in self-administration. This supervises the procedure in the interest of the creditors. Dr. Dietmar Haffa from Schultze & Braun ordered.
What effects the protective shield proceedings will have on the company’s relocation to Ingersheim, which was announced in October 2019, remains unclear, because no one could be reached at Atlanta due to the public holiday. The Ingersheim municipal council has already approved a property sale in the “Gröninger Weg” industrial estate.
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