Suche
Mechanical engineer Hülser Hille on the brink of closure: 76 employees are facing dismissal!
The mechanical engineering company Hülser Hille in Mosbach is facing bankruptcy. Around 100 employees are waiting for wages and will soon quit.
Mechanical engineer Hülser Hille on the brink of closure: 76 employees are facing dismissal!
The traditional mechanical engineering company Hülser Hille in Mosbach-Diedesheim is on the verge of closure. The company will probably have to stop production at the end of January 2026. This news hits hard on the workforce, who have been suffering from precarious conditions for months. At least around 100 employees were forced to go to the Mannheim district court at the beginning of 2025 to assert their salary claims. Loud Mercury The employees have not experienced any improvement despite promises from the new owner, a subsidiary of a Chinese investor.
Recently, the situation of employees has been described as “catastrophic”. How BW24 reported that in January the employees only received their November salary, bonus and Christmas bonus, but since then they have had to wait again for their wages. Many employees have already thrown in the towel and left the company, causing production to stall further. There are currently only around 76 employees working in the company, and this is in a situation that is described as dramatic.
Prospects for the future
Insolvency administrator Olaf Spiekermann explained that the layoffs were unavoidable because the economic situation and the wage arrears no longer allow operations to continue. A large number of employees will be laid off until the end of January because, according to him, the bankruptcy estate is not sufficient to pay outstanding wages. Only nine employees will remain in service and mechanical engineering until the closure of production. IG Metall now assumes that the prospects of repaying the back wages are extremely bleak.
Hülser Hille's liabilities add up to a double-digit million amount. IG Metall sees filing for bankruptcy as the only way out of the misery and criticizes the management for delaying the difficulties. However, managing director Bingcheng Zhang has vehemently rejected the allegations of delaying insolvency. The uncertainty surrounding the payment of social security contributions also casts a shadow, which could potentially lead to health insurance companies also filing for insolvency.
Insolvency situation in Germany
A look at the general insolvency situation in Germany shows that around 110,200 insolvencies were reported in 2023, a slight decrease compared to 2013. The problem does not only affect Hülser Hille: insolvencies are also common in the service sector, with 59% of insolvencies taking place in this area alone in 2023. Among the federal states, North Rhine-Westphalia stands out not only because of the highest number of corporate insolvencies, but also because of a significant increase compared to previous years, which ultimately also affects the insecurity of many employees.
The situation at Hülser Hille summarizes the current challenge of many companies in Germany that are suffering from the pressure of debt and economic change. It is to be hoped that a fair settlement can be achieved between creditors and debtors, as provided for by the insolvency regulations. However, it remains more than questionable whether this will also be the case for Hülser Hille employees. The coming months will be crucial for the future and the livelihoods of the 76 remaining employees.