After years of financial difficulties and, most recently, short-time working, the German subsidiaries of Swiss solar manufacturer Meyer Burger, which together employ a good 600 people, have filed for insolvency. In Saxony, Meyer Burger Germany in Hohenstein-Ernstthal in the district of Zwickau, where 289 people are employed in mechanical engineering and technology development, and the solar cell manufacturer Meyer Burger Industries in Bitterfeld-Wolfen in Saxony-Anhalt, where 331 people are employed.
The company, which is headquartered in Thun, Switzerland, explained its decision by saying that restructuring to preserve the sites had not been successful to date. "They will now be continued as part of the proceedings together with a court-appointed provisional insolvency administrator," it said. The company was actually due to present its business figures for 2024 by 31 May. An extension of the deadline has been applied for against the backdrop of ongoing financing discussions on restructuring.
