Insolvency shock in Wittlich: Window manufacturer Meeth is fighting for survival!

Insolvency shock in Wittlich: Window manufacturer Meeth is fighting for survival!

The Helmut Meeth GmbH & Co. KG, a traditional, family-run company based in Rhineland-Palatinate, filed for bankruptcy on February 6, 2025. The application to open insolvency proceedings was submitted to the Wittlich district court and immediately accepted. This marks a deep cut in the history of the company founded in 1985, which has developed over the years from a five-man company to a medium-sized company with around 90 employees.

The bankruptcy is triggered in particular by the continued crisis in the construction industry and through high costs. These circumstances led to a significant decline in orders. The situation in the company's IT systems, which brought massive difficulties, also proved to be particularly problematic. In a company meeting, the 90 employees were informed about the bankruptcy; Your wages are secured by bankruptcy money by the end of March. Despite these challenges, business operations continue.

causes of bankruptcy

The corporate crisis was caused by several factors. Among other things, the weakness of the construction industry must be mentioned, which was noticeable by a decline in building permits in housing construction. This led to a decline in sales, since the demand for windows, doors and sliding facilities decreased. In addition, IT problems were responsible for interruptions in the operating process. The industry learned another setback from flood damage that forced another window manufacturer from Baden-Württemberg to their knees last year and cost 150 jobs.

The provisional insolvency administrator Dr. Alexander Jüchser from Lieser Rechtsanwälte is confident. He emphasizes that the workforce is well qualified and motivated, which significantly increases the chances of successful renovation. The order situation is currently described as "gratifyingly good", which arouses hope of a positive turn.

future steps

In order to secure a future for the company, discussions with creditors, banks and potential investors are to be held. A new investment capital is being sought to restore economic stability and secure jobs. It remains to be seen whether these measures will be successful, but the motivation and commitment of the employees are promising signals in a difficult time.

The next few weeks will be crucial for whether the company can create the turn or not. Those responsible and the workforce put a way out of the crisis that could save many family life a further financial collapse.