Flabeg in need: Automobile supplier stops production and releases hundreds!

Flabeg in need: Automobile supplier stops production and releases hundreds!

Flabeg Automotive Germany, a traditional automotive supplier from Bavaria, recently made the decision to hire its production. As Ruhr24 , the production of production was primarily due to a unsuccessful test of a new display Due to what the investor search caused to fail. The company, which can look back on more than 140 years of history, specialized primarily in mirrors and glasses for the automotive industry.

Already in July 2024 Flabeg reported bankruptcy, but was initially stabilized business operations. However, the current situation has deteriorated drastically. The insolvency administrator Volker Böhm announced that the company is expected to be fully stopped in May 2025. Of the currently 180 employees at the Furth location in the forest, around 100 are immediately released, while the remaining 80 until the final processing of the business will remain.

Legal steps and employee interest

The district court of Regensburg opened the bankruptcy proceedings via Flabeg Automotive Germany, such as Schultze & Braun . The business operations are continued in this procedure, and customers continue to show interest in orders for the flabeg products. Full of commitment can also be observed from the almost 190 employees at the Furth location in the forest that fights for their workplace.

Insolvency administrator Volker Böhm has already taken up talks with potential investors and started an M&A process in order to get the company back on track. At the end of the bankruptcy fee, the wages and salaries of the employees should be paid directly from the company.

part of a larger crisis

The bankruptcy of Flabeg does not work isolated, but tears a wider context in the automotive delivery industry, which is characterized by several bankruptcies. In 2023, the total number of bankruptcies at large companies, i.e. those with sales of over 10 million euros, rose from 279 to 364 cases, which corresponds to an increase of 31 percent compared to the previous year. Almost every sixth bankruptcy concerned automotive suppliers, with an increase of 65 percent compared to 2022, according to the reporting of .