German arches in Mukran: Preliminary bankruptcy proceedings started!

German arches in Mukran: Preliminary bankruptcy proceedings started!

Mukran, Deutschland - in Mukran, on the idyllic island of Rügen, there are currently worrying news from the world of business. As n-tv is reported in a preliminary insolvency. This decision was necessary by an insolvency application from Fährhafen Sassnitz GmbH, which concerns undisputed and unpaid claims of 171,000 euros.

The Stralsund District Court has appointed the lawyer Michael Kukuk as a preliminary insolvency administrator. His main task will be to examine the company's financial situation and to create an expert opinion. It is ultimately in the hands of the court whether there is a complete bankruptcy proceedings. Previously, the ferry port of Sassnitz had already submitted a civil lawsuit against German arches at the Stralsund district court in July 2023, which is now getting additional explosiveness.

Financial turbulence

The situation for German arches is tense. According to ndr , not only the current insolvency application has already been made, but there is already two years old Health insurance DAK concerns due to open social security contributions from January 2023. Even if these residues have been paid, the overall situation raises questions.

Overall, Fährhafen Sassnitz GmbH has raised total claims of almost 1.5 million euros, which in addition to development costs also include media connections and engineering services. Despite these financial difficulties, according to its own statement, the company does not call out insolvency and emphasizes that all salaries of employees are paid on time.

economic challenges in context

The financial problems of the German Arches are not an isolated case. A look at the nationwide situation shows that corporate insolvencies are increasingly occurring in Germany. As ifm-bonn in 2024 reported bankruptcy in 2024. That is around 4,000 more than in the previous year and shows an increase of 22.4%. The reason for this is not only current economic crises, but also the serious effects of past framework conditions.

Deutsche Bogenn GmbH, a subsidiary of the Turkish Mir-Holding, has made big plans in the past. At the ceremonial inauguration of the pipe in 2016, which was visited by the then Chancellor Angela Merkel, the creation of 65 jobs was announced. Unfortunately, the hoped -for large production of plastic pipes failed to materialize and many of the announced areas are not occupied.