No Investor: Auto Supplier Boryszew Halts Production - Boryszew Kunststofftechnik to shut German plants by late 2025
Boryszew Kunststofftechnik, a major automotive supplier in Saxony-Anhalt, will close its production by the end of 2025. The company, which specialises in interior components for Volkswagen Group, has struggled with falling demand and failed to secure new investors. Employees at two German plants were informed of the decision this week.
The supplier has faced growing difficulties over the past two years. A decline in vehicle production, caused by economic slowdowns and supply chain problems, has cut demand for car interiors. Stricter emission rules and recycling requirements for composite materials have added further pressure. Industry research highlights these challenges, particularly for firms working on low-emission interior products.
Efforts to find a long-term investor proved unsuccessful. The insolvency administrator, Silvio Höfer, confirmed that no buyer was willing to commit under the current market conditions. As a result, production at the Gardelegen and Idar-Oberstein plants will stop by December 2025.
The Gardelegen site employs 330 workers, while around 100 staff work in Idar-Oberstein. All jobs will remain until the shutdown. Employees were notified of the closure plans during meetings this week.
The shutdown marks the end of Boryszew's operations in Germany. Workers at both locations will keep their positions until production halts at the end of the year. The company's exit reflects broader struggles in the automotive supply sector amid shifting industry demands.
