Insolvency in Baden-Baden: Siss GmbH is fighting for the future of the 67 employees

Insolvency in Baden-Baden: Siss GmbH is fighting for the future of the 67 employees

Baden-Baden, Deutschland - The Siss GmbH, a metal processor from Baden-Baden, has filed for bankruptcy. The main cause of this is the sudden loss of an important customer, which led to significant order and sales declines. The Situation in the electromobility market remains tense, which also contains, reports www.merkur.de .

In a meeting, the provisional insolvency administrator Dr. Dirk Pehl the 67 employees over the next steps. The salaries of the employees have been secured by bankruptcy money by the end of the year. While the company continues, options for reconciliation of corporations, be it by an insolvency plan or an investor search, are checked. The modern infrastructure and the machine park of SISS GmbH can be an advantage. Nevertheless, there is a tragic reality: for two locations of another family company in Baden-Württemberg, there is no more rescue after the bankruptcy registration.