Rising costs, falling sales: brewery from franconia files for insolvency but stays hopeful for the future
Rising costs, falling sales: brewery from franconia files for insolvency but stays hopeful for the future
Rising costs, falling sales: brewery from franconia files for insolvency but stays hopeful for the future
Consumption is declining, costs are rising, and the brewing industry is under pressure. Now, a traditional Franconian brewery is affected. It has to file for insolvency. Yet, there are reasons for hop...
Beer consumption in Germany has been declining for years. At the same time, raw material prices are rising. This is putting many breweries under pressure.
„Leikeim“ brewery from Altenkunstadt in Upper Franconia (Lichtenfels district) is currently facing significant pressure.
According to Deutsche Presse-Agentur (dpa), the brewery has filed for insolvency under self-administration. Managing Director Andreas Leikeim stated that the brewery had run into a liquidity bottleneck "due to the significant negative sales and revenue developments in recent years."