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It's Dr. Schneider [1]. Never heard about them until now. [1] https://www.focus.de/finanzen/news/kronach-kronach-neuses-automobilzulieferer-dr-schneider-ist-in

• fxtentacle 4y ago
  But a) they are not bankrupt yet, they merely filed for government protection while they reorganize and b) it's only 2000 jobs
  • martin_a 4y ago
    Yes, probably just shrinking themselves to a more healthy state. Good "chance" to do so right now.
  • jonas21 4y ago
    > they merely filed for government protection while they reorganize That's what Chapter 11 bankruptcy is in the US - I assume Germany has an equivalent.