Appointed provisional insolvency administrator will evaluate Quantron AG’s viability, while the interim CEO and executive team prioritise uninterrupted business operations.
31 Oct 2024 | 2117 Views | By Autocar Professional Bureau
Provisional insolvency proceedings are underway at Quantron AG, a company specialising in sustainable battery-electric and hydrogen-electric mobility for trucks and buses.
The Augsburg Local Court has appointed Constantin Graf Salm-Hoogstraeten from the restructuring law firm BBL as the provisional insolvency administrator, tasked with assessing the company's financial standing and ...
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Provisional insolvency proceedings are underway at Quantron AG, a company specialising in sustainable battery-electric and hydrogen-electric mobility for trucks and buses.
The Augsburg Local Court has appointed Constantin Graf Salm-Hoogstraeten from the restructuring law firm BBL as the provisional insolvency administrator, tasked with assessing the company's financial standing and overall situation.
Salm-Hoogstraeten stated that his team would need to thoroughly analyse the current figures and on-site circumstances before determining the viability of continuing business operations. The team is also exploring the possibility of arranging pre-financing for employee insolvency benefits.
Since a recent heart attack in September 2024, company founder Andreas Haller has been undergoing rehabilitation. In the meantime, Quantron AG’s leadership includes Beate Reimann, serving as Chief Financial Officer since February 2024; Rene Wollmann, Chief Technology Officer since April 2023; and Denis Muratov, the Chairman of the Supervisory Board, who is also acting as interim CEO. Muratov, a Managing Partner at Fund4SE (Fund For Sustainability & Energy), brings decades of experience in development projects across transportation, telecommunications, FinTech, and venture capital sectors.
During this period, Quantron AG will continue business operations, with ongoing support for its customers and partners. Founded in July 2019 as a spin-off of Haller GmbH & Co. KG, the company currently has a workforce of approximately 90 employees.