Volocopter, the German flying taxi manufacturer, has announced its bankruptcy following failed attempts to secure funding and certification for operations. CEO Dirk Hoke expressed optimism despite the company’s financial difficulties, emphasizing advancements in technology and the upcoming launch of their…
Volocopter, a German flying taxi manufacturer, has filed for bankruptcy as it seeks new investments after failing to secure financial support. Despite the insolvency, operations will continue in the hopes of restructuring and obtaining necessary regulatory approvals for passenger flights….
Blue Cycle, a pioneering plastic recycling company in Heerenveen, has declared bankruptcy after two years of operation. Founded by Nico Vos, the facility aimed to convert plastic waste into oil but faced financial difficulties due to high costs and investment…
Cargoroo, an Amsterdam-based startup that rented out electric cargo bikes since 2018, has declared bankruptcy after a potential buyout fell through. Despite good usage of their bikes, the company struggled with a difficult business model and lost essential operating permits…
Cargoroo, a provider of electric cargo bikes, has removed its bikes from public locations as it nears bankruptcy, with Amsterdam’s court expected to announce its insolvency this week. Introduced in 2017 as a sustainable alternative for transport in cities, Cargoroo’s…
Blokker, the Dutch retail chain, has secured a new owner following its bankruptcy in mid-November. The identity of the buyer has not been disclosed, and discussions around the future of the stores are ongoing. The new owner aims to rebuild…
Curators of the bankrupt retail chain Blokker are still engaged in discussions with multiple potential buyers, as detailed in their initial report. Blokker faces over 90 million euros in debt, including 26 million euros owed to tax authorities. With interest…
Greece is expediting the creation of a private agency aimed at acquiring properties to protect vulnerable debtors facing bankruptcy. This agency will buy properties at a 30% discount from their market value through auctions, allowing residents to remain in their…
In November 2024, the Netherlands reported 341 bankruptcies, surpassing the previous month’s total. Overall, 3,851 companies have gone bankrupt this year, significantly higher than 2023. The spike is attributed to pandemic-related tax debts, rising wages, and high material costs. Affected…
Blokker, the Dutch retail chain, has sold 202 shipping containers filled with household goods to Kooistra.com following its bankruptcy. This sale includes products purchased before the company’s insolvency and is part of a broader liquidation effort. As Blokker’s financial troubles…
Mirage Retail Group (MRG) has filed for bankruptcy as it struggles with debt linked to its subsidiary Blokker, which went bankrupt last month. MRG is unable to cover rent arrears and additional pandemic-related debts totaling approximately 13 million euros. Creditors…
Blokker, the Dutch retail chain, is set to close 100 of its over 400 stores by December 21 following its recent bankruptcy declaration. The closures aim to optimize sales during ongoing liquidation sales, with staff required to assist in remaining…
