HEINZEL announces closure of Raubling Papier GmbH

HEINZEL GROUP has made the difficult decision to close its subsidiary, Raubling Papier GmbH, in Germany, due to persistently difficult market conditions and challenging economic circumstances.

This decision follows comprehensive discussions with the local works council, resulting in a successfully concluded social plan. More than half of the affected employees have already secured new employment, reflecting the effectiveness of the company’s transition support efforts.

With the closure process now focused on the sale of assets, HEINZEL GROUP is moving forward with the disposition of machinery and equipment.

Andreas Sailer, CEO of Raubling Papier, stated: “We are encouraged by the rapid transition of many of our employees to new positions and are now concentrating on the sale of Raubling Papier’s assets. This includes a range of high-quality machinery and equipment. Interested parties are invited to engage with us promptly as we navigate this phase.”