According to foreign media reports, on November 27, the bankruptcy administrator of GMB, a German solar glass manufacturer, announced that the factory was expected to be completely closed in March next year due to the failure to find investors.
GMB filed for bankruptcy on July 4 this year. It is understood that the potential buyer of the solar glass manufacturer fell through after failing to raise the funds needed for the acquisition. The collapse of GMB , which is expected to have about 215 remaining employees , will face job cuts from December 1.
In addition, Daniel Keller, Minister of Economic Affairs of Brandenburg, said that "with the breakdown of the investment agreement, the last solar glass manufacturer in Europe may have to stop production permanently." "This is a disastrous development, especially in the highly sensitive field of energy production.".
Despite the involvement of Saint-Gobain, Pilkington and others in the In fact, GMB has been implementing short-time working for several months since January this year due to the sharp decline in demand for its products." The monthly loss amounted to 900000 euros (about 7.48 million yuan).
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