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bielomatik Focuses on Growth Sectors

Restructuring under chapter 11 proceedings

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By: DAVID SAVASTANO

Editor, Ink World Magazine

bielomatik is restructuring itself under chapter 11 protection. The county court of Esslingen agreed to the corresponding filing of the bielomatik management. The approximately 550 employees in Neuffen have already been informed during an employee meeting.   This allows bielomatik to avoid an impending insolvency and to continue being lead under the manufacturers own management team. The chapter 11 proceedings have only recently been adopted in German insolvency law. The business activities wi...

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