German FAZ: Insolvency, loan fraud, bankruptcy – the end of the kitchen battle over Alno008541

When the saws and milling machines at Alno AG and its successor company had been idle for a few days in October 2021, the works council head of the traditional kitchen manufacturer did what she had always done all these years. She pitched in when there was something to be done. At the main gate… Continue reading German FAZ: Insolvency, loan fraud, bankruptcy – the end of the kitchen battle over Alno008541

German Manager Magazine: Mahle: Automotive supplier reports significant decline in sales for 2024003887

The economic downturn, the reduced demand for vehicles and the slow ramp-up of electromobility have caused this Automotive supplier Mahle added. According to a preliminary calculation, sales fell to 11.7 billion euros in 2024, as CEO Arnd Franz told the German Press Agency in Stuttgart. In 2023, the foundation company’s revenue was a good 12.8… Continue reading German Manager Magazine: Mahle: Automotive supplier reports significant decline in sales for 2024003887