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Alno gives leave of absence to some 400 employees

09.11.2017 − 

Roughly 400 employees of insolvent Alno have been given leave of absence (LOA) with effect from 24 October due to inadequate liquidity. As such, the company will be keeping approximately 170 employees on for the time being. These are mostly employees involved in the investor process or those entrusted with tasks specific to the insolvency. The apprentices are not affected either.

The Alno employees were notified of the latest developments by the kitchen manufacturer’s insolvency administrator, Professor Dr Martin Hörmann, at a works meeting held at the company’s headquarters on 23 October. In doing so, Hörmann emphasised that the LOA does not equate to dismissal.

The ongoing talks with investors are to be continued; according to Hörmann, concrete sale negotiations are currently being conducted with seriously interested parties. The talks are said to be well advanced and have apparently reached a crucial stage. Alno had filed for insolvency before Hechingen district court on 12 July; the proceedings were initiated on 1 October.

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