PTC Germany offers an extensive range of frozen and fresh fish products, which can be purchased from offices in Germany, Poland, Serbia and Turkey
Important German seafood importer-distributor files for insolvency
GERMANY
Saturday, March 17, 2018, 05:00 (GMT + 9)
BREMERHAVEN The fish wholesaler Product Trade Center Germany (PTC) is in financial distress, according to reports on the Germany media NWZonline.
At the company with administration in the Lower Rhine Kempen and production and processing plant in Bremerhaven, the preliminary insolvency proceedings have now been opened. The district court of Krefeld has appointed Dr. Klaus Krefeld as provisional insolvency administrator. Jan-Philipp Hoos (law firm White & Case).
"Together with the management of PTC Germany, I will do my utmost to preserve this company," said Hoos. Business should continue unrestrictedly even after the initiation of insolvency proceedings.
PTC Germany, founded in 2009, is an importer of fish and seafood. Customers include retail chains as well as international wholesalers. In Germany, PTC recently generated sales of 150 million euros and employed 194 people.
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