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Well-known construction technology company worth millions goes bankrupt

Well-known construction technology company worth millions goes bankrupt

At its own request, the company has already agreed to close.

“Restructuring proceedings without self-administration were pending regarding the assets of HMI Anlagenbau GmbH in 2023. The procedure was cancelled after the restructuring plan was adopted,” said KSV1870. At present, payment delays from customers on large construction projects and a lack of orders have made it necessary to file an application for the opening of insolvency proceedings.

HMI Anlagenbau GmbH (Art 460164m) According to KSV1870 and Creditreform, it has filed for bankruptcy proceedings, which have already been opened. 39 employees are affected by the bankruptcy.

The debtor operates a company operating in the fields of gas, plumbing, heating, refrigeration and air conditioning technology. The company's purpose also includes operating an engineering office for construction technology.

Closure request

The debt is estimated at around 10.6 million euros.

“There is no intention to continue the company, especially since no new orders are expected in the following years. At its own request, the company has already agreed to close,” Creditreform says.