Small German firm, Artega files papers for insolvency

Thursday, July 5, 2012

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Posted on 07.5.2012 00:00 by Brad Anderson Filed under: Artega | coupe | redeemable | playing programme | sports cars | automobile cars | programme | Artega GT | Cars | Car News

Artega is quite well-known for its spirited lowercase GT sports automobile which has been in creation since 2007. However, the consort has fallen into dreaded straits fresh filing for insolvency with the topical courts in Paderborn, Germany.

In an authorised evidence regarding the issue, Artega expressed “This travel was needed from a playing perspective, for months after the planned understanding to an continent investor had unsuccessful at the terminal minute. Together with the insolvency brass is today conversation with another investors module be condemned to encounter a resolution for Artega, and its 34 employees. The dealings module move in full.”

The game sort has been hunting for investors for months, and the above continent investor pulled discover for uncharted reasons, thusly leaving the consort with nowhere to go.

For those of you not old with the constituent “insolvency” it essentially effectuation Artega is unable to clear soured its debt, and haw communication the modify of the consort as we also wait insolvency to be filed in the reaching months, unless a lifesaving investor comes discover to acquire the company.

This is extremely depressing programme for the company, and the unsafe scheme conditions in aggregation are probable to be part answerable for Artega existence unable to clear soured its debt. Furthermore, Artega was nonindustrial a targa edition of the Artega GT and these stylish developments haw stingy the modify of the GT every together.

gallery: 2013 Artega GT Targa
  • artega gt targa-442454 artega gt targa-442454
  • artega gt targa-442455 artega gt targa-442455
  • artega gt targa-439130 artega gt targa-439130
  • artega gt targa-442452 artega gt targa-442452

Small Teutonic firm, Artega files writing for insolvency originally appeared on topspeed.com on Thursday, 5 July 2012 00:00 EST.

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