— By Plasteurope.com staff — 

Another automotive supplier falters: Boryszew Kunststofftechnik Deutschland (Gardelegen, Germany) has applied for the initiation of insolvency proceedings. In response, the Stendal local court appointed the lawyer Silvio Höfer from the Hanover office of the law firm Anchor Rechtsanwaltsgesellschaft (www.anchor.eu) as provisional insolvency administrator on 3 March 2025.

According to local media reports, production will continue for the time being. The salaries of around 500 employees are secured for the next three months through the insolvency substitute benefits, as Mitteldeutsche Zeitung reports, citing the provisional insolvency administrator as a source.

According to the newspaper, the works council and trade union stated that the insolvency was due to the decline in orders as well as rising costs, for example for raw materials and energy, along with the only low level of investment. The mining, chemical, and energy industrial union Industriegewerkschaft Bergbau, Chemie, Energie (IG BCE) now plans to develop a reorganisation concept and subsequently present it to the insolvency administrator.

Related: Global Impact Coalition launches vehicle recycling feasibility study

Polish automotive supplier Boryszew (Sochaczew; www.boryszew.com.pl) acquired the plant in Germany’s Altmark region in 2011 through the takeover of AKT. The subsidiary unit Boryszew Kunststofftechnik Deutschland, which is now based there, manufactures ventilation grilles, handles, and other injection moulded parts for vehicle interiors.

One of the major customers of the plant in Altmark is Volkswagen, which is also in crisis and has put several plants on the chopping block.

The Boryszew group has also seen better times. The company, which has 34 locations and more than 8,500 employees, is suffering from the difficult market environment. In addition to this, the upheavals in the automotive industry are causing problems for suppliers in Germany in particular. Last year, two German subsidiaries had to file for insolvency.

— Translated by Elspeth Lenhard