Significant decline in orders: WISI Communications GmbH & Co. KG initiates reorganisation in self-administration.
Significant decline in orders: WISI Communications GmbH & Co. KG initiates restructuring in self-administration. Niefern-Öschelbronn, 15 April 2024 — The Pforzheim Local Court today granted the company’s application to initiate debtor-in-possession restructuring proceedings. — Business operations will continue in full during the reorganisation process — Employees’ salaries are secured by state insolvency benefits — WISI … Continued