On November 20, Ziegler Holding GmbH, a company with 75 years of history, filed for insolvency at the Weiden District Court. Known for its timber-based construction and other wood processing ventures, Ziegler employs 3,200 staff across Germany, Sweden, and Romania. Despite generating over €1 billion in revenue in 2022, the company now faces an uncertain future for its 34 locations in Germany. Additional entities follow the holding company into insolvency Initially, only the holding company was impacted, but within a week, insolvency proceedings extended to other group subsidiaries. According to insolvency administrator Volker Böhm, Ziegler ...