Germany’s Papierfabrik Hainsberg emerges from bankruptcy

BRUSSELS, Feb. 8, 2018 (RISI) -Papierfabrik Hainsberg, a specialist in recycled printing and writing paper based in eastern Germany, has successfully concluded its reorganization in self-administration. The company’s creditors unanimously approved its insolvency plan in late January, which provides for a financial and strategic reorientation of the paper mill during ongoing business operations and without redundancies.

Papierfabrik Hainsberg submitted a request to start a reorganization process under self-administration to the District Court of Dresden on April 12 last year. According to the law firm Schulze & Braun, which advised Papierfabrik Hainsberg’s management during the restructuring process, costlier than planned and more ...

Back To Top
Speak with a sales representative now Contact Sales