News Article

Kynast: Stop or Go?

Home

QUAKENBRUECK, Germany (October 7) – Although officially declared bankrupt the receiver of Kynast, Dr. Stephan Thiemann left an open answer to the question whether or not there is still a future for the company. It is impossible under the current circumstances to carry on with the company. The staff have been officially told that they […]

QUAKENBRUECK, Germany (October 7) – Although officially declared bankrupt the receiver of Kynast, Dr. Stephan Thiemann left an open answer to the question whether or not there is still a future for the company. It is impossible under the current circumstances to carry on with the company. The staff have been officially told that they no longer have jobs and most have been sent home immediately. Talks about a social plan are underway. But, Dr.Thiemann also reported ‘intensive talks with several investors’ to save the Quakenbrueck plant. This could result in a solution to save the company as a whole or to split-up the bike and garden furniture divisions.(MH) Source:Radmarkt

Comment on this article