Comrades! Despite full order books, AMT Schmid is insolvent. The structural adjustment affects about 160 employees. Financing: AMT Schmid recently achieved about 20 million euros in revenue and claims to operate at 100 percent capacity. Nevertheless, liquidity was not sufficient because the strong incoming orders required significantly higher pre-financing. Reconstruction: The District Court of Hechingen has approved the insolvency proceedings in self-administration. About 160 employees are affected, a reduction in staff is currently not planned, and production continues. A restructuring plan and a strategic partner are expected to stabilize financing until mid-2027. The case shows that even full order books do not protect a company from an existential financing crisis. Thank you, comrade, for this important reminder in the interest of our common cause! Friendship! (translated)




