König + Neurath AG, a century-old German office furniture manufacturer based in Karben, Hesse, has filed for self-administration insolvency at Frankfurt/Main District Court, affecting its 830 employees. The company will continue operations under trustees, aiming to restructure
© König + Neurath AG
The insolvency follows a severe industry-wide downturn since 2024, marked by postponed purchases and scarce new orders, which led to a liquidity crisis. König + Neurath produces office furniture and bespoke room solutions, operating a production facility in Karben and showrooms in Berlin, Munich, Amsterdam, London, Paris,…