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Sales up 6.9% in the first quarter for Schweizer Despite the effects of the Covid-19 pandemic the Schweizer Group was able to benefit from the global economic recovery. Incoming orders in the first quarter of 2021 exceeded those of the same quarter in the previous year by 98% and amounted to EUR 44.2 million. The economic recovery, which had already begun in October of the previous year, was also uninterrupted in the course of the first quarter. The order book amounted to EUR 125.7 million at the end of the first quarter of 2021, up from EUR 109.2 million during the same period last year. Sa...

Albert Weber takes over the plants of the Schweizer Group Global in Plauen and Roding Weber Holding GmbH from Markdorf takes over the Plauen and Roding plants of the insolvent Schweizer Group Global. The transfer of the two production sites is planned for April 1, 2021, but is still subject to the occurrence of various conditions. The transaction includes fixed and current assets as well as the company's intangible assets. The seller and buyer have agreed not to disclose the purchase price and the general economic conditions. The sale, unanimously approved by the creditors' committee yester...