On Nov. 19, 2018, Feldmuehle GmbH filed for open insolvency proceedings under its own administration. The restructuring of the company in the context of self-administration provides for all necessary measures to improve the profitability and thus sustainable competitiveness of the company.
The focus is the concentration on the product sector specialty papers, i.e.: wet- and alkali-resistant label papers as well as flexible packaging papers. The production of graphic papers is discontinued. In this connection, Paper Machine #2 is shut down. The new business model requires staffing, i.e.: the workforce is reduced to around 180 employees. The employees leaving the company are offered to switch to a transfer company to further qualify for the job market.
About Feldmuehle GmbH
Feldmuehle GmbH develops and manufactures high-quality, white, coated label papers and packaging papers for the German and international market. In these two business areas, the company offers a broad product portfolio for the label and packaging industry, printing houses, brand owners and converters.