Volker Böhm, insolvency administrator for German Solar Millennium has sold the company’s stake in Flagsol to industrial solutions provider Ferrostaal, it has been announced. Ferrostaal has announced that it will take over and continue operations as well as take over all 80 Flagsol employees. Flagsol’s headquarters will also remain in Cologne, Germany.
Solar Millennium filed for insolvency at the end of 2011.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
