local time, The three Swiss " companies are Meyer Burger Technology AG and its two subsidiaries, Meyer Burger Switzerland AG, Meyer Burger Research AG。
continue to push forward in Switzerland, Plans to sell part of the business and/or assets of its companies in the German and US markets .
According to the current assessment of the board of directors of Meyerberg AG, it is no longer realistic to save the entire enterprise group, including the parent company. The parent company aims to reach a debt settlement that would preclude the payment of a liquidation dividend to shareholders. Therefore, Meyerberg will not raise objections to the delisting of the Swiss Stock Exchange (SIX). (Read:
a number of companies in Germany have already begun bankruptcy proceedings. At the end of May
this year, Meyer Burger announced that its two German subsidiaries, Meyer Burger (Industries) GmbH and Meyer Burger Germany, Bankruptcy proceedings were filed due to the breakdown of the capital chain.
On August 1, Meyerberg Industrial Company entered formal bankruptcy proceedings; in September, the bankruptcy proceedings of Meyerberg German Company were officially launched.
It is reported that in addition to the liquidation team members, about 600 employees in German bases have been basically dismissed and received notice of dismissal; The remaining 45 employees in Switzerland (excluding members of the liquidation team) have also recently received termination notices; About 300 employees in the United States were laid off in May this year .
In addition, Meyer Burger (Holding) Corp., Meyer Burger (Arizona) LLC and Meyer Burger (Americas) Ltd.
The U.S. court approved the sale of machinery and equipment for module production to Waaree Solar Americas Inc., a U.S. subsidiary of Indian company Waaree Solar, and the sale of solar cells to Babacomari Solar North. The total value of the transaction is approximately US $ 29 million (approximately US $2.