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German solar company Conergy files for insolvencyBerlin (AFP) July 05, 2013 German solar panel manufacturer Conergy said it will file for insolvency on Friday, the latest victim of ferocious competition from Asia in the industry. Conergy, which has workforce of around 1,200, said it would file an application for the opening of insolvency proceedings at a court in the northern city of Hamburg but remained "confident" of finding an investor. "The management remains confident of achieving a continuation of the whole business operations in the context of insolvency proceedi ... read more |
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