paragon GmbH & Co. KGaA/ Key word(s): Insolvency/Insolvency
paragon GmbH & Co. KGaA and two other companies of the paragon Group have filed for bankruptcy
07.09.2026 / 11:53 CET/CEST
The issuer is solely responsible for the content of this announcement.
paragon GmbH & Co. KGaA and two other companies of the paragon Group have filed for bankruptcy
- Indian investor Tejascore Techsystems Inc. has failed to meet its contractual obligations
- Due to outstanding payments totaling EUR 12m, paragon is unable to meet its commitments to its suppliers
- In addition to the publicly traded paragon GmbH & Co. KGaA, the insolvency also affects the subsidiaries paragon electronic GmbH and paragon movasys GmbH, which together employ 552 people
- paragon is profitable,…