Galeria Again Filed an Application for Insolvency

Interfax.ru

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Galeria, the owner of the last network of department stores left in Germany, filed a bankruptcy application with the Düsseldorf Court on Friday. "This application provides the legal basis for streamlining the current situation, stabilizing the company and creating conditions for a sustainable future of Galeria," says the Riteiler's report.

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Just now Galeria seemed to be saved in Braunschweig. Now the insolvency hammer follows! For the employees the big anxiety starts from the beginning...

Kreiszeitung

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mannheim24.de

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+2 Reposted by 2 other sources

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A large German chain of warehouses is again in financial difficulties: the company has filed an application for insolvency with the Düsseldorf District Court.

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However, it is questionable whether the employees receive insolvency money at all, i.e. the continued payment of salaries.

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Berlin – Next quake in the German economy: The Galeria Kaufhof department store chain is already broke again! On Friday morning, the business...