A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. Mobile Uplift Corporation, a company set up by investors from Europe and North America, has agreed to acquire the operating assets of the startup’s two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH,…
The Ministry of Manpower noted that 60 textile companies may soon go bankrupt after being severely hit by financial problems since 2023 and due to the issuance of import regulations. Immanuel Ebenezer, Deputy Minister of Manpower, accused the issuance of the Minister of Trade Regulation (Permendag) No. 8/2024 as the main cause of the collapse…
One of the company’s hotels, Photo: Shutterstock 24.12.2024. 15:02h The Court of Appeal rejected the appeal of the NGO “Vektra Boka” Workers’ Association after finding that it was illegal, thereby confirming the Commercial Court’s ruling from November – that the company “Vektra Boka” should not be declared bankrupt. This is written in the decision made…