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(S+) Christoph Gröner: Insolvency of the Gröner Group - end of a construction empire?

Summary by Spiegel
Luxury villas in the South of France, 41 Porsches in the garage: real estate entrepreneur Christoph Gröner lived a lavish lifestyle. Now his company has filed for bankruptcy. Is the entire empire collapsing?

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Luxury villas in the South of France, 41 Porsches in the garage: real estate entrepreneur Christoph Gröner lived a lavish lifestyle. Now his company has filed for bankruptcy. Is the entire empire collapsing?

·Germany
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Lean Left

The well-known building contractor Christoph Gröner has to file for bankruptcy for his Gröner Group. There have been reports of financing problems for some time.

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Christoph Gröner, one of the best-known real estate entrepreneurs in Germany, has filed for insolvency for his Gröner Group. Accounting expert Carola Rinker explains what consequences this will have for the already struggling real estate market - and which players will now have problems. She warns of a chain reaction.

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Berliner Zeitung broke the news in on Monday, November 4, 2024.
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