Famous seat manufacturer Recaro has declared bankruptcy. And this is not the only company that is famous worldwide in the field – Garáž.cz

First, we would like to specify that the infringement declaration only applies to the European car division of Recaro Automotive. Division manufactures seats for planes, trains, football stadiumsChildren’s seats, games and offices are out of danger at this time, as are North American and Japanese plants.

At least, from the ad bankruptcy both the members of the works council and the important trade union IG Metall, representing Recaro’s own employees, expressed surprise at the company’s management. They have now found themselves in a very precarious position, despite the fact that they have been working voluntarily for the past months to preserve the financial health of the company, with the understanding that they will receive their salary only later.

The trade unions hope to find a solution and try all options so that the 215 workers who are at risk are not just on the pavement. But since 2021 and 2022 were big losses for Recaro Automotive, the outlook for the future is not very positive.

We remind you that the Recaro inscription on the back corresponds to a high-quality anatomical seat placed in a sports or sports car. However, the company no longer has a stable supply for primary production for a long time, its products are usually subject to costly charges. In short, she has no orders.

However, Recaro Automotive is not the only company that has announced bankruptcy. Wheel manufacturers BBS It has been successful for the fifth time in the last ten years, despite the fact that it is a supplier of discs for Porsche, BMW, Mercedes-Benz and others.

However, declaring bankruptcy does not necessarily mean closing up shop. The company now has protection from creditors and can work on restructuring and other plans that will bring it back into the black. It can also be sold or, in the worst case, closed permanently.