Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The three German subsidiaries of the Belgian DOMO Investment Group: DOMO Chemicals, DOMO Caproleuna, and DOMO Engineering Plastics, have filed for insolvency. A total of 585 employees are affected: 35 at DOMO Chemicals in Leuna (Saxony-Anhalt), 480 at DOMO Caproleuna in Leuna, and 70 at DOMO Engineering Plastics in Premnitz (Brandenburg).
The reasons for the insolvency are weak demand in the European chemical industry, high energy prices, and sharply increased imports of polyamide resin from non‑EU countries, especially from China. Talks with new potential investors are currently underway.
Employees' salaries during the insolvency negotiations are secured for three months through insolvency benefits.
The state of Saxony‑Anhalt has stepped in to maintain emergency operations until April, because shutting down the plant would be dangerous due to the risk of frost.
Eurofound (2025), Domo Chemicals, Bankruptcy in Germany, factsheet number 204112, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204112.
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