21 August 2012 17:27 [Source: ICIS news]
LONDON (ICIS)--Insolvent German photovoltaic firm Sovello will end all production on 27 August, affecting a total of about 1,000 jobs, the company’s insolvency administrator said on Tuesday.
“To continue production would just lead to increased losses,” said administrator Lucas Flother.
Sovello, a large integrated manufacturer of solar modules, filed for insolvency in May but had continued part of its production.
Flother said he would try to find a buyer for the company, despite the tough conditions in
Erhard Koppitz, a regional leader for chemical and energy union IG BCE said that the union was appealing to chemical and energy firms in Saxony-Anhalt to employ the Sovello workers.
The state is home to three large chemical production parks - Bitterfeld Wolfen, Leuna, and Dow Chemical's "Valuepark" in Schkopau.
IG BCE is also calling on
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