A global platform provider of sustainable battery-electric and hydrogen-electric mobility for trucks and buses, Quantron AG, has commenced provisional insolvency proceedings, with lawyer Constantin Graf Salm-Hoogstraeten from restructuring firm BBL placed in charge as provisional insolvency administrator.
Quantron was founded in 2019 and currently employs roughly 90 people. It specialises in in being a platform provider for trucks, buses and vans with fully electric powertrains and hydrogen fuel cell technology.
Denis Muratov has been named Quantron’s interim CEO and Chairman of the Supervisory Board. Quantron’s founder, Andreas Haller, is currently recovering from a recent heart attack.
Salm-Hoogstraeten says his team is currently examining the state of Quantron’s finances before making any further insolvency decisions.
“We first need to get a precise picture of the figures and situation on the ground before we can make any reliable statements about the company’s chances of continuing as a going concern,” Salm-Hoogstraeten says.
Business operations will be maintained in the ongoing period and customers and partners will continue to be supported. The BBL team is also currently exploring the possibility of organising pre-financing of insolvency benefits for Quantron’s employees.
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