HR Group files for insolvency - business operations continue

- Investor process for wholesale shoe retailer and logistics service provider could not be completed due to insolvency of retail shoe supplier RENO - After-effects of the Corona crisis, considerable reluctance to buy due to more expensive energy and inflation as well as outstanding receivables exacerbate liquidity situation - Experienced restructuring specialist Dr. Christian Gerloff appointed as provisional insolvency administrator - Customer orders will continue to be accepted and processed, employees will receive insolvency benefits until the end of June Osnabrück, April 12, 2023. The management of HR Group has filed a [...]