On December 18 during a telephone conversation with Bike Europe MIFA owner and CEO Heinrich von Nathusius denied that there were financial difficulties, as was reported by a local newspaper called Volksstimme. He said, We have paid the final amount of just over 2 million euro last week as part of the finalization of the new factory.
Von Nathusius mentioned further that MIFAs 2017 order book is filled with orders worth up to 42 million euro and that the companys three banks, which have been involved in the re-start of the German bike maker, have their credit lines open.
With the January 4 filing for insolvency Heinrich von Nathusius stepped down as MIFA CEO.
Business family Von Nathusius
According to the responsible District Court Hal…
Read the full article at: http://www.bike-eu.com/home/nieuws/2017/1/as-production-in-new-factory-starts-mifa-filed-for-insolvency-10128526