For 94 years, Hackle (the company) had been around Germany. This afternoon, they declared bankruptcy.
Their products....mostly all paper. Toilet paper was a big deal for them.
They simply say that natural gas cost made it possible to stay on a schedule.
Government's problem? Well....they will assign a lawyer to be the CEO, but it's hard to see what you'd do to change anything. Government will pour in cash to keep employees working (to some degree).
I should note this as well.....they cited a second big reason in their paperwork.....the ability to do logistical situations.
If you go and chat trucking companies presently....most everyone will say that it's a mess, with a declining number of drivers, and inability to deliver on schedule. This is not a regional issue....it's a European-wide issue.
No comments:
Post a Comment