German antenna technology company Kathrein Broadcast has emerged from a period of financial uncertainty with the backing of a new investor consortium, BroadbandTVNews.com reported. Lenbach Capital, a Munich-based investment firm, will secure the long-term continuation of operations, according to the company. Financial details of the transaction were not disclosed. The deal lays the groundwork for the conclusion of the insolvency proceedings that were initiated in March 2025.
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German industrial orders unexpectedly fell in June, declining for a second straight month, due to falling demand from abroad, a trend that looks set to continue due to increased tariffs on exports to the United States, data showed on Wednesday, Reuters reported. Orders were down by 1% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said. Foreign orders fell 3.0% on the month, while domestic ones rose 2.2%. Those from outside the euro zone dropped 7.8%, while inside the euro zone, they grew by 5.2%.
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Germany’s “oldest and biggest” gay dance club has declared itself bankrupt after nearly half a century in business, falling victim to inflation and an evolving party culture threatening Berlin’s nightlife, The Guardian reported. Management troubles and dating apps were among the factors putting SchwuZ on the ropes last year and in May the club shortened its opening hours, laid off staff and asked regulars for help to plug a growing shortfall, to little avail. On Thursday, the management team posted on Instagram: “SchwuZ has filed for insolvency.
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The Leipzig-based tram manufacturer Heiterblick is currently grappling with significant challenges as it faces insolvency, The Munich Eye reported. Once aspiring to become the leading name in the streetcar manufacturing sector, the company now finds itself in a precarious situation. Earlier this year, the managing director of Heiterblick expressed optimism about the company's future, even seeking recognition as the Saxon Entrepreneur of the Year.
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Dresselhaus Files for Insolvency

Joseph Dresselhaus GmbH & Co KG has filed for self administration proceedings with the competent district court in Bielefeld to reorganise itself using the instruments of the Insolvency Code, Fastener & Fixing Magazine reported. The court granted the application and confirmed the provisional self administration, paving the way for a comprehensive restructuring of the Herford-based group of companies. Verlag INDat GmbH reports that this decision is based on the ongoing economic challenges facing Dresselhaus.
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Donald Trump’s tariffs have dealt a €1.3bn (£1.1bn) blow to Volkswagen after the German car giant’s portfolio of luxury brands suffered a drop in sales, the Telegraph reported. Marques such as Porsche and Bentley have been hit by the US president’s sanctions on foreign vehicles, which impose a 27.5pc tax on cars imported from Europe. Britain has struck a deal with Mr Trump to reduce the tariff to 10pc, but the larger penalty remains in place for the European Union, which is still locked in talks with the White House.
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The insolvency of Ardian-backed mountain biking company YT Industries highlights the escalating challenges facing the global biking industry, driven by a confluence of tariffs, post-pandemic market shifts, and overreliance on private equity-driven growth, according to a CoinWorld analysis. Founded in Germany, YT Industries had emerged as a standout brand during the 2020–2022 outdoor gear boom, leveraging high-profile partnerships, free beer-laden showrooms, and aggressive marketing to capture market share.
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A group of dozens of companies pledged Monday to invest at least 631 billion euros ($733 billion) in Germany over the next three years, sending a signal of confidence in Europe's biggest economy as the new government tries to breathe new life into it, the Associated Press reported. The economy has shrunk for the past two years and is expected to stagnate this year. Chancellor Friedrich Merz's administration has made revitalizing it a top priority since it took office May 6.
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In June, the number of companies filing for bankruptcy in Germany increased 2.4 percent year-on-year, according to data published by the Federal Statistical Office (Destatis), Nova.News reported. “The transportation sector recorded the highest number of insolvencies per 10 companies, with 11.3 cases. The construction and restaurant sectors followed, with 9.8 insolvencies per 10 companies each,” the report states. Data published by Destatis shows that wholesale commodity prices in Germany increased 0.9 percent year-on-year in June.
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