A cyberattack has forced ZEGO Textilveredelungszentrum, a Bavarian textile-finishing company, to file for insolvency after suffering weeks of operational disruption and severe financial losses. The company says it intends to continue trading while pursuing restructuring efforts.
According to managing director Johannes Zenglein, the attack, which struck at the end of March 2026, caused an almost six-week shutdown of production. Despite extensive efforts to contain the damage, the consequences proved too severe, placing significant strain on the firm’s finances and ultimately making an insolvency filing unavoidable.
The Aschaffenburg…