The appliance for insolvency was filed with the district court docket in Berlin-Charlottenburg on Thursday, Unu introduced on Friday in keeping with dpa. The explanations given for the insolvency are “elevated materials and transportation prices, larger operational prices and the sharp drop in demand because of inflation”.
The dpa reported that the corporate had been combating issues for a while and had not too long ago employed round 50 folks, with Unu having to droop manufacturing for a number of months through the pandemic. This was compounded by provide issues for chips and, most not too long ago, “poor client sentiment”.
In response to Unu, it sells its electrical scooters in Germany, France, Austria and the Netherlands. In September, the Berlin-based electrical scooter producer basically revised its subscription supply and expanded its presence with retail companions.
The purpose now could be to construct on this: “Because of this, we see a great probability of reaching a restructuring answer and persevering with to promote and repair the scooters,” insolvency administrator Gordon Geiser is quoted as saying.
tagesspiegel.de (in German)