Insolvency shock for Hermeskeiler Recycling professional: Cyber ​​attack falls EU-Rec!

Insolvency shock for Hermeskeiler Recycling professional: Cyber ​​attack falls EU-Rec!

The EU-Rec GmbH, an established recycling company based in Hermeskeil, filed for bankruptcy on Wednesday at the Trier District Court. The company, which has been working in the environmentally friendly recycling of valuable materials, employs more than 50 people. The management under Simone and Willi Streit is faced with a complex challenge after a severe cyber attack led to the digital infrastructure of the company heavily damaged and led to significant disorders in the operating sequence. According to merkur.de , the family decisions were difficult for an insolvency application, but the situation also sees the situation as an opportunity to check and structure its processes.

The cyber attack, which was discovered on April 7, 2025, was a massive intervention in the operating processes. The IT systems fell completely, which resulted in that orders could no longer be processed. Cybercriminals had also managed to access sensitive data from around 200 customers, including email addresses, telephone numbers and bank connection data. In view of this incident, the management warns of the risks of data abuse and unauthorized data trade. After the cyber attack, immediate countermeasures were decided to ensure the integrity of the data and to minimize any damage.

economic challenges

In addition to the direct effects of the cyber attack, EU-REC GmbH is faced with further economic challenges. Rising energy prices and a fluctuating input intensify the already tense location. Before the incident, the company had to struggle with difficulties, some of which were due to a weakening economy. In this critical phase, lawyer Ingo Grünewald was appointed as a preliminary insolvency administrator. The goal of insolvency proceedings is a sustainable renovation and the future -oriented establishment of the company, which has a solid surgical foundation, qualified employees and established customer structures.

Despite the bankruptcy, the business operations of EU-REC GmbH will be fully continued. The wages of the employees are secured by bankruptcy money for the coming months. The management is optimistic that the business model of the sustainable circular economy has potential and believes in the future of the company. The example of EU-Rec shows how fragile the security situation for companies in today's digital world is-especially for small and medium-sized companies that are often not sufficiently prepared for cyber attacks.

an increasing problem

The incidents at EU-Rec GmbH are not an isolated case. According to it-daily.net , more and more companies are experiencing massive cyber attacks that can represent existential threats. The KPMG study shows that over half of the companies concerned are victims of phishing attacks. In addition, 42 percent experienced attacks on cloud services, and 39 percent reported attacks on mail servers. Currently it turns out that particularly small and medium-sized companies are at risk, since they often have no adequate security measures to prepare themselves against these attacks.

Overall, the case of EU-REC GmbH illustrates urgency to support companies not only in digitization, but also in cyber security and prepare for future challenges.