Site icon Hot Paths

Meyer Burger files for insolvency for 2 subsidiaries in Germany

Solar panels are installed on the roof

lamsaang/iStock via Getty Images

Swiss solar panel manufacturer Meyer Burger Technology (OTCPK:MYBUF) on Saturday said it initiated insolvency proceedings for two of its key subsidiaries in Germany. The filing comes as the company faces pressure from low-cost Asian imports and operational challenges.

The affected

Exit mobile version