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Manufacturing Industry

CARGOLIFTER AG - APPLICATION FOR THE OPENING OF INSOLVENCY PROCEEDINGS.

Advanced Materials & Composites News,  June, 2002  

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For reasons of insolvency the CargoLifter AG Board of Managing Directors filed an application for the opening of insolvency proceedings on the assets of CargoLifter AG at the Cottbus District Court. A solution for preserving the company is to be developed and implemented with a focus on the Brand location in the State of Brandenburg, Germany.

With the closure of the office in the USA which has already taken place and the move of the entire Berliner office to the hangar site Brand, the first steps have already been initiated. The objective of the insolvency petition is the ...

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