During an extraordinary general meeting, the shareholders of AG Cilander decided to discontinue business operations this year. According to a statement, production at Cilander will be discontinued by the end of July, or by the end of August at the latest. Despite efforts to find a solution for the continuation of the entire company, the consultation process has concluded without success. There are efforts to continue activities in parts of the business under new ownership, which would save around 30 jobs, according to the statement. Cilander cites sharply rising costs, including in the energy sector, and a rapid decline in demand for textile products at home and abroad as the reasons for the closure.
CEO Burghard Schneider nevertheless sees good opportunities for employees to find new jobs in the region.“The vacancies offered by neighbouring companies are impressive and very gratifying,” Schneider is quoted as saying in the statement. “The social plan is designed to support and guide employees in their search for a follow-up solution. The dedicated job centre, an internal task force, is already in close contact with many HR departments from other companies and is actively promoting job placements,” he continued.
Founded in 1814, Cilander finishes clothing and technical textiles. To date, it has produced over 16 million running meters of textile products every year. ce/ww