BP Danantara Plans to Take Over Sritex

JAKARTA, KOMPAS – The Investment Management Agency of Daya Anagata Nusantara (BP Danantara) plans to take over PT Sri Rejeki Isman or Sritex, a textile and garment company in Sukoharjo that was declared bankrupt on March 1, 2025. To implement this plan, BP Danantara will begin price negotiations with the curators of Sritex. This was…

Germany’s Corporate Insolvency Surge Continues

Germany is grappling with an alarming rate of corporate insolvencies, which, according to the latest report by the economy ministry, are set to remain persistently high. This development highlights a challenging business environment for companies. The continued rise in insolvencies is attributed to several factors, including a fragile labor market and growing geopolitical uncertainties. These…

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