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The classic car seat factory Kirchheim unter Teck in Baden-Württemberg in Recaro Automotive. On Monday, the Esslingen District Court summoned temporary self-administration and selected Stuttgart lawyer Holger Blümle as acting manager. He is to discuss the financial situation of Recaro Automotive GmbH and observe the direction.
The IG Metall union was accepted by Wonder by the bankruptcy application. “The crew and we were not notified about the effort and found out about it via the internet,” stated Esslingen-based IG Metall leader Alessandro Lieb to the SZ newspaper. “There is transparency for 215 workers in Kirchheim unter Teck.” The rejections were made to support the company: They waive certain fees and stay longer for salary boosts, by Lieb.
Recaro Automotive Insolvency
“Our associates have made significant sacrifices to help the company,” said employment council leader Frank Bokowits to the SZ. The workforce responded very down to the news of the default. Workers who could lose their positions would have a difficult time discovering new work. “We are dissatisfy and sense like we have been tighten over by leadership,” said Bokowits. The administration made many flaw decisions, said the Jobs Council chairman, who charges the board of control with failure. Now it is not even evident whether the workers will get their unpaid wages paid.
IG Metall is reaching for a translucent dialogue with leadership and the design at trustee. “We hope that all choices will be end to secure as many positions as potential and to discover a bearable solution,” said union spokesperson Lieb. A discussion with worker models is plan in the coming daytimes to examine the next steps.
Recaro Automotive is one of the planet’s leading factories of car seats. The group produces ergonomic and sporty chairs for well-known car works such as BMW, Aston Martin, Lamborghini, Ford, Mercedes-AMG, and VW. The firm also delivers seats for replacement bars in football stadiums, for instance for VfB Stuttgart. Since 2020, the business have possess by the US acquisition firm Raven Acquisition LLC.
Recaro Trademark
The Recaro trademark always belongs to the Stuttgart-based Recaro Group, which is just the licensor and no extended holds any claims in the now insolvent enterprise. The Recaro Group contains the aircraft seat factory Recaro Aircraft Seating established in Schwäbisch Hall. The gaming seat producer Recaro Gaming is in Stuttgart and the train seat factory Recaro Rail was establish in Grodzisk Wielkopolski in Poland. These divisions are not influence by insolvency.
IG Metall is reaching for a translucent dialogue with leadership and the trustee. “We hope that all choices will be finish to secure jobs and find a sustainable answer,” said Esslingen-base IG Metall leader Alessandro Lieb. A discussion with employee agents is plan in the forthcoming days to examine the next stages.
The company is not just a supplier working with declining demand and the challenging market position in the automotive sector.
The post Insolvency Declared by Recaro Automotive Supplier appeared first on Technoclick.
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