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Holz-Her group files insolvency application

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Published in issue 4/2010
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The manufacturer of woodworking machinery Holz-Her Reich Spezialmaschinen GmbH, based in Nürtingen, was forced to file an application for the opening of insolvency proceedings for several of its twelve subsidiaries. As early as 14 January 2010, bankruptcy proceedings were opened against the two Austrian subsidiaries ...

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