Galeria Again Filed an Application for Insolvency

Deutschlandfunk

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Following the re-insolvency application of the Galeria department store chain, the General Works Council requested information from the management on the situation, as indicated by a letter from the General Works Council and the Economic Committee to the employees who are available to the Deutsche Presse-Agentur.

Der Tagesspiegel

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The chain of stores has once again slipped into insolvency – in the middle of the discussion about the closure of further branches in Berlin. Alexanderplatz is particularly alarmed.

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.

News38

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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

tz.de

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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.