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Tram manufacturer plans restructuring

Summary by Railway Gazette
GERMANY: A court has approved tram manufacturer HeiterBlick’s application for ‘self-administration’ as part of plan to restructure and regain its competitiveness.

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The traditional company Heiterblick has declared insolvency on its own account. The crisis also affects the Leipzig transport companies for which the company builds city and trams.

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HeiterBlick GmbH, a medium-sized specialist provider for custom-designed city and trams, has submitted an application for insolvency proceedings in self-administration, which was granted by the Leipzig District Court. The so-called self-administration is an insolvency procedure in which the managing director, under the supervision of restructuring experts, takes over the essential tasks of an insolvency administrator. [...]

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HeiterBlick GmbH, based in Leipzig, has announced that the Leipzig District Court has ordered insolvency proceedings under self-administration at the request of the management. In December 2019, Würzburger Straßenbahn GmbH (WSB for short) ordered 18 new GT-F trams from HeiterBlick. Whether and what impact the insolvency filing will have on further production and [...]

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Heiterblick in Leipzig builds trams according to individual customer requirements. Now the company is insolvent, but plans to renovate itself. It is about 250 jobs.

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Leipzig tram manufacturer HeiterBlick is building new trams for Würzburg for 99 million euros. One has been delivered. The company is now insolvent. » read more

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mainpost.de broke the news in on Tuesday, April 8, 2025.
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