Insolvency shock: fabric Werning closes branches in NRW!

Insolvency shock: fabric Werning closes branches in NRW!

The fabric Werning GmbH, a company that has been known for sewing needs for over 40 years, filed for bankruptcy on February 1, 2025. The problems of the company, whose headquarters are in Nordhorn, Lower Saxony, have led to several branches in North Rhine-Westphalia. These branches include locations in Unna, Dorsten and Hagen. Ruhr24 in cities like Soest, Minden, Limburg and Gütersloh.

The fabric Werning GmbH operates a total of 26 branches, 20 of which are located in NRW. The branches are known for a wide range of fabrics and short -minded, whereby the clearance sales have already started in some locations. In shopping windows you can see posters that indicate "clearance sales - now greatly reduced" and "to everything 20 percent". In addition, some shop windows show notes with the inscription "Laden for rent". Nordrhein-Westfalen/ragsleverfahrs-fälial-nrw-storbungs-s--werning-93458402.html"> Westfälische Nachrichten emphasizes that the forecast Insolvency administrator, lawyer Stephan Michels from Münster, tries to renovate the company and to secure as many of the locations as possible.

Current situation and employees

Despite the bankruptcy, wages and salaries of the 188 employees are secured because they receive bankruptcy money. The company remains active online and plans to continue working with fewer branches in the future. The aim of the insolvency administrator is to win new interested parties through an investor process, with the first steps in this direction. Westfälische Nachrichten reports that the bankruptcy proceedings are expected to be opened on February 1, 2025.

The insolvency case of fabric Werning is considered against the background of an increasing number of corporate insolvencies in Germany. According to statistics, there were a total of 21,812 corporate insolvencies in 2024, which means an increase of 22.4 % compared to 2023. Some of these growths are due to current and earlier economic crises. ifm-bonn states that bankruptcies are a rare form of company closure, but the increase is alarming, especially for small and medium-sized Company.