The German subsidiary of discount retailer Pepco has successfully completed its insolvency proceedings: the chain is resuming operations after a major restructuring. The number of stores has almost halved, RetailDetail.eu reported. The insolvency proceedings under Pepco Germany GmbH’s own management will end on 28 February, the company reports. This marks the end of a turbulent period for the retailer, which officially began on 1 October last year. In the past period, the discounter reduced the number of stores in Germany from 64 to 36 and the workforce from 500 to around 350 employees.
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A paper mill in Hainsberg in the German state of Saxony has once again entered insolvency proceedings. On 5 February 2026, the Dresden District Court appointed lawyer Susanne Berner from the law firm Dr Berner & Partner Rechtsanwälte as provisional insolvency administrator, Pulpapernews.com reported. Over the coming weeks, she is expected to gain an overview of the financial situation at the long-established industrial company and examine possible options to stabilise operations. The Hainsberg plant has a long history and has experienced recurring financial difficulties over the years.
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Wyndham said Wednesday that it booked $160 million in charges tied to the mid-January collapse of its largest European franchisee, Revo Hospitality Group, Skift.com reported. The charge was a reminder of the unpredictability of the hotel industry's asset-light business model, in which hotel groups like Wyndham don't own the hotels they market to guests. Revo is a Berlin-based operator that manages roughly 22,000 rooms under Wyndham and other brands.
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Isey Fischimport GmbH and Fimex Tiefkühl GmbH, both based in Bremerhaven, Germany filed for insolvency proceedings at the Bremerhaven District Court on February 5, 2026, FischMagazin.de reported. The court subsequently ordered preliminary insolvency administration for both companies on February 6, 2026, appointing attorney Dr. Christian Kaufmann of Pluta Rechtsanwalts GmbH as the preliminary insolvency administrator in both cases.
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A loan deal is turning into a problem for German investor Lars Windhorst: The investment company Istar Capital is accusing him in a lawsuit of failing to pay several million euros. To avoid payments, he allegedly even founded new companies and falsified payment receipts. This is according to court documents that Istar filed in the Southern District of New York at the end of last week , and which t-online has obtained. The documents seen by t-online so far contain no evidence to support Windhorst's claim that the lawsuit will soon be resolved.
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Germany's standing as an automotive industrial hub risks being hollowed out as investments and jobs drift abroad, an industry association warned on Tuesday, calling on Berlin and Brussels to focus on measures that spur growth, Reuters reported. "Germany is experiencing a huge crisis as a business location," VDA President Hildegard Mueller said.
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German manufacturing orders unexpectedly jumped in December, a sign that the recent struggles of the country’s industrial sector might be fading as Berlin’s fiscal stimulus ramps up, the Wall Street Journal reported. Orders climbed 7.8% on month, the strongest pickup in two years, accelerating from the 5.7% rise in November, statistics agency Destatis said on Thursday. Factory orders have now climbed for four straight months. Orders were 9.5% higher in the final quarter of last year than in the third, Destatis said.
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Klöckner Pentaplast (kp) has completed its restructuring under the US Chapter 11 process, resulting in the removal of around €1.3bn ($1.5bn) in funded debt from its balance sheet, EuroNews.com reported. The company’s exit from court oversight follows an injection of €349m in new capital as part of its plans to stabilise ongoing operations. Ownership of Klöckner Pentaplast has now shifted to a consortium of financial partners led by funds affiliated with Redwood Capital Management.
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German federal prosecutors descended on Deutsche Bank’s Frankfurt headquarters and Berlin offices Wednesday morning, conducting searches as part of an investigation into alleged money laundering. The raid cast a shadow on what should have been an unblemished moment of triumph as CEO Christian Sewing announced booming annual profits at Germany’s largest lender, Fortune reported. The morning after the raid, Deutsche Bank announced its highest annual profit since 2007: $8.5 billion net profit in 2025, powered by robust investment banking revenues.
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Native Instruments is in preliminary insolvency proceedings, according to documentation reported by Create Digital Music. According to that report, a preliminary insolvency administrator has been appointed, who will take responsibility for restructuring the company and any sale of existing assets. The German music technology brand, known for era-defining products such as Maschine, Massive, Traktor and Kontakt, has been through numerous changes over the past decade.
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