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The automaker Eisenach Mitec will be fired after the bankruptcy. Further job cuts as part of the restructuring is "inevitable," said a spokesman for the company, MDR THÜRINGEN. Mitec currently employs 640 people in Eisenach and Krauthausen. A year ago, there was a little less than 800.
Mitec Automotive AG filed for bankruptcy with the Meiningen District Court. The company then called down sales and judicial defeat against Ford. As the company announced on Thursday, it is pursued without restriction. Wages and salaries are guaranteed by the money from bankruptcy, he said in the morning.
According to their own statements, Mitec has struggled for some time against declining sales volumes. The components are produced around the drive technology. In recent weeks, even the most important customers had ordered much less. A judgment of the Meiningen District Court in the Ford case is also cited as the ground for the insolvency claim. Exactly one week ago, a claim for compensation of hundreds of millions of dollars was rejected. Mitec had asked for 138 million euros. The insolvency should be done under your own responsibility. The goal is to reposition, announced the direction.
With just under 1,000 employees and production sites in Germany, China and the United States, Mitec Automotive AG is one of the world's leading automotive transmission technology companies.
The Mayor of Eisenach, Mayor Katja Wolf (The Left) was appalled by the bankruptcy. It's a dramatic message for the city and region, she told MDR THÜRINGEN. Mitec is a beacon for the region, both in terms of the number of jobs and technology. The city has always been involved in Ford's lawsuit, Wolf said. That the company must now declare bankrupt is bitter.
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