US EditionMillions Against the "Deep Hole": Social Plan to Catch Employees of the Insolvent Ae Group
12 Articles
12 Articles
After a long time there is now certainty: The plant of the automotive supplier AE Group AG in Nentershausen will be closed.
The decision about the future of a large German car supplier has been made: all plants are closed down, 650 employees lose their jobs.
When the AE Group starts insolvency proceedings, the management is confident: the company can be renovated and jobs can be saved. A year later, it is clear that hundreds of employees in Thuringia and Hesse are losing their jobs.
The AE Group, an automotive supplier, closes its locations in Gerstungen and Nentershausen, with 650 employees affected. Insolvency and weak demand have led to closure.
From the plant of the automotive supplier AE Group in Nentershausen (Hersfeld-Rotenburg): The company is leaving its location in Osthessen. The main location in the Thuringian Gerstungen is also to close, hundreds of jobs are affected.
The company, which manufactures die cast aluminium parts, had declared insolvency in its own administration in February 2024 - but the renovation failed and an investor could not be found. The locations in Thuringia (Gerstungen) and Nordhessen (Nentershausen) are closed. According to company data, a total of about 650 employees lose their jobs – 549 of them in the Wartburgkreis, Thuringia and 134 in the district of Hersfeld-Rotenburg in Hesse. T…
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