Auto supplier Heinze Group files for bankruptcy: 730 employees affected

Bad news for Heinze Group employees: Herford’s automotive supplier is bankrupt. Reason: Porsche, BMW and company reduced their production.

NS auto supplier Heinz based in Hereford had to bankruptcy log in. This has been reported by several media citing a group of companies.

As quoted by Jörg Tilms, the managing director of “Westfalen-Blatt”, the Heinz group had financial problems due to the sudden halt of orders by the car companies. Because the cost goes on. Among other things, the company produces parts for interior fittings, such as decorative strips or loudspeaker grills, and supplies companies such as Porschehandjob bmw Or mercedes.

“NS car manufacturer no longer produce because they no longer obtain semiconductors. So they don’t even need any plastic parts,” Tillams tells the newspaper. Corporations have been complaining about a lack of microchips for months – and so have had to temporarily stop their production.

730 employees affected

The group, which consists of 24 affiliated individual companies, employs approximately 1,100 people worldwide, 900 of whom are in Germany. 730 employees of the company are affected by the bankruptcy. According to the report, three subsidiaries did not have to file for bankruptcy. According to media reports, he received bankruptcy information on Friday afternoon.

Hidehausen in Heinz includes Krollmann GmbH and Hero Galvanotechnik GmbH. bad salzuflan Or Lyndon GmbH in Harford. According to the website, apart from auto parts, the company also produces sanitary products and parts for cell phones.

Heinze Group has been around for 85 years and has an annual turnover of more than 100 million euros.