Novokeram Max Wagner GmbH enters insolvency
Christian Wagner pulls the emergency brake
The financial/economic crisis continues on, and little or nothing is being invested in the ceramic industry. In order to avoid debt entanglement, Christian Wagner, Novokeram, chose to file for insolvency for his operationally active company due to impending bankruptcy. Like many other companies, Novokeram has split its operations according to task and responsibility
› The immovable property used and leased by the operationally active company is held in Wagner’s sole proprietorship. This property serves as security for loans and bank guarantees. The sureties are practically unencumbered, and...
