The de-industrialisation of 🇩🇪 Germany - Part 6

The de-industrialisation of 🇩🇪 Germany - Part 7:

🔹Waggonbau Niesky, the last producer of freight wagons 🚃 in Germany goes insolvent.

🔹More than 300-year-old traditional slaughterhouse Röhrs Butchery 🥩 filed for bankruptcy. The business in northern Germany has roots back to 1709.

🔹140 year old Schongau Strumpffabrik hosiery factory enters insolvency.

🔹Peek & Cloppenburg the largest fashion retailer in the country, goes bankrupt after being in business since 1901.

🔹Rudolf Dankwardt GmbH, traditional manufacturer of hygiene products🧴goes bankrupt after 60 years in operation.

🔹Ride-pooling service Clevershuttle, files for bankruptcy after Deutsche Bahn stopped financing it.

🔹Dörsch bakery 🍞in Hof, after almost 90 years of operation in insolvent along with other traditional bakeries.

Previous parts on the de-industrialisation of Germany 🇩🇪:

💠 Part 6 - Mar '23 - Eisenwerk Erla ⚒ of Saxony, files for bankruptcy after more than 600 years of existence. Other century old businesses go bankrupt.

💠 Part 5 - Feb. '23 - Co.'s operating for over a century goes insolvent.

💠 Part 4 - Jan. '23 starts with a slew of bankruptcies of co.'s in operation for over 100 years.

💠 Part 3 - Nov. '22 - CEO of the Federation of German Industries 🏭 said 1 in 4 German co.'s is considering moving production to other countries.

💠 Part 2 - Nov. '22 - Major department store chain & other co.'s file for bankruptcy.

💠 Part 1 - Oct. '22 - Manufacturers after existing for over 100 years shut down.

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