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Insolvency shock: Leifert Bakery keeps 40 branches open despite the crisis!
The Leifert bakery chain from Gifhorn files for bankruptcy affecting 40 branches; Renovation planned under supervision, 220 jobs secured.
Insolvency shock: Leifert Bakery keeps 40 branches open despite the crisis!
A wave of bankruptcies is currently overwhelming numerous companies in Germany, and the energy-intensive bakery industry in particular has not been spared. Against this background, the Leifert bakery chain, which is based in Gifhorn in Lower Saxony, has filed for bankruptcy. How Mercury reported, the application for self-insolvency at the Gifhorn district court was approved last week.
The chain, which was founded as a family business in 1950, currently operates 40 branches, which remain open without restrictions. Managing director Nils Leifert assured that the range of baked goods, cakes and snacks will remain available in the usual quality. Around 220 employees can breathe a sigh of relief because their wages and salaries are secured by insolvency money, as well t online informed.
Background to the bankruptcy
The step towards bankruptcy is made easier by various factors. The bakery is faced with a weak economy, high energy prices and increased raw material costs. Loud destatis Not only Leifert is affected, many companies in the industry are struggling with similar challenges. These developments cast a shadow over the entire bakery industry, which is in serious crisis.
The company has already taken steps to adapt its structures to current market conditions and to ensure long-term competitiveness. For this purpose, a restructuring process is carried out on your own responsibility under the supervision of a property manager, supported by external restructuring experts. The lawyer Joachim Walterscheid will act as general authorized representative.
“We have a good handle on the range and we are confident that we will take the right measures,” says Nils Leifert. Due to the crisis, diefforturers are developing just as dynamically as the solutions that need to be considered for the future. It remains to be hoped that the renovation measures will preserve around 220 jobs and that Leifert's traditionally well-visited bakery branches can continue to exist despite the challenges.