German Superyacht Builder Files for Bankruptcy | SY Clips

[@cylentone]

Apparently there are parties interested in taking over the business in spite of the fact that the incapable Windhorst who caused this dire situation wants to hold on to it. It wasn't the business that filed for bankruptcy, it was the state social insurances for employees that were not being paid by the business. The employee salaries are secure until end of January, the insolvency process kicks off February 1st.

[@skiingfast1]

If true I guess Lursen will buy it.

[@DavidM2002]

As soon as I saw Windhorst's face, much of the story was crystal clear.

[@maestrovso]

I have to rewind to make sure I thought what I heard. Totally agree.

[@hanshartfiel6394]

Well, I wouldn't believe everything you read in the BILD. Often only the date is correct in this gutter press.

[@cylentone]

It's all over the local press in detail.

[@quasimodo8215]

Windhorst?! If you ever hear that name- run, run for your life !!

[@johngibson3837]

Thanks sysman

[@patmahoney3120]

There I was at the cusp of placing my order and Oops, upside down they go!

[@BIBIWCICC]

Windhorst is a money launderer and this was always going to happen. He was involved in moving the iMBD billions around for the people who stole the fund.

[@RobertJohnson-je6tx]

Sad news 😢

[@Chris-hw4mq]

So sad who will build our super yachts. Ohh wait nobody cares let them go out of business.

[@Richard-pe4cx]

sunseeker are laying people off too i am sure rachel reeves will get the blame happy new year

[@adenwellsmith6908]

No russians.

[@DwightStJohn-t7y]

2020 last delivered and in business for 150 years. End of an era. or just specialize in govt. work and be damned.

[@hubertspiteri408]

Good, the client mostly where russian, and this company didn't care from where the money comes.

[@tachyon5321]

No one can manufacturer in Germany as electric rates are more than 2X those in the United States. It is just a question of time till Mercedes, VW, and BMW close.

[@orbiradio2465]

Energy prices have been much higher in Germany than in the US for decades. This didn't stop German car manufactures to be much more sucessfull than the American.

[@tachyon5321]

@@orbiradio2465 German car industry is dead. Even the EU's 8% import tariff and $2000 per car inspection fee won't save the german car industry from their current government's leadership