Insolvency at Upper Palatinate Timber House Builder: 270 Jobs Affected
Employees and customers affected by the insolvency of the timber house manufacturer
270 employees are affected by the insolvency of the timber house manufacturer Hanse Haus in Konnersreuth in the Upper Palatinate. The company had filed for insolvency at the district court of Hof on Monday. The district court has appointed attorney Dr. Hubert Ampferl as preliminary insolvency administrator. The business operations are to be continued for the time being. Hanse Haus had specialized in prefabricated timber houses in the low-energy and passive house standard.
The insolvency affects not only the employees but also the customers of the timber house manufacturer. Around 90 houses are currently under construction, and several hundred more are in the planning stage. The administrator is now examining how these projects can be completed. He is also in talks with potential investors who could take over the company.
The causes of the insolvency are still unclear. However, it is known that the timber house manufacturer had been struggling with financial difficulties for some time. In 2021, the company had to file for insolvency proceedings, which were later lifted. The Corona pandemic and the resulting supply chain problems are likely to have exacerbated the financial problems of Hanse Haus.
The insolvency of Hanse Haus is a major blow to the Upper Palatinate region. The company was one of the largest employers in the region and had a good reputation. The employees are now hoping that the insolvency administrator will be able to find a solution that will save their jobs.