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SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

The rapid rise in energy prices has jeopardized the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of the public transport fare system could lead to bankruptcy of significant ...

Modified: 03.14.2022
bankruptcy , bankruptcy of legal entities , oil , gas , Germany , Europe , Ukraine , sanctions , energy , business
Path: РусБанкрот - СМИ

Two German shipyards filed for bankruptcy

On Monday, Two German shipyards - MV Werften and Lloyd Werft, owned by the Hong Kong company Genting, filed for bankruptcy. The information became known after the parent company, which also owns major cruise operators (Dream Cruises, Crystal Cruises, Star Cruises) and operates the resort casino Resorts World Manila in the Philippines, suspended trading in its securities on the Hong Kong Stock Exchange. Experts note that the main reason for the crisis of shipyards was a pandemic - the entire world...

Modified: 01.12.2022
bankruptcy , bankruptcy of legal entities , Germany , MV Werften , Lloyd Werft , Genting , shipyards , cruise , tourism
Path: РусБанкрот - СМИ

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