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Greiffenberger reports loss of positive going-concern outlook and files for insolvency

The sole CEO of Greiffenberger has determined, based on recent business developments and a reassessment of the restructuring measures, that a positive going-concern outlook no longer exists. Due to over-indebtedness and imminent inability to pay, an application to open insolvency proceedings will be filed immediately. The management does not expect material realization proceeds in the insolvency proceedings. » Altro su de.investing.com
Greiffenberger delays publication of financial statements and calls extraordinary general meeting

Greiffenberger is postponing the publication of the 2025 annual and consolidated financial statements, likely to July 2026; the ordinary general meeting is being moved to late August 2026. The auditor currently cannot confirm the going concern assumption and is requesting further evidence of the financial plan. Due to expected extraordinary write-downs on the investment in J.N. Eberle & Cie., the management board expects equity to fall below half of the registered capital and has convened an extraordinary general meeting to disclose this loss under § 92 AktG. » Altro su finanzen.net