hGears' Schramberg subsidiary files for insolvency under self-administration
hGears announced on 7 September 2026 that hGears Schramberg GmbH applied for insolvency proceedings under self-administration at the Rottweil court. Cause and scope The subsidiary cannot meet its payment obligations, following insufficient production volumes and a cost base that remains too high despite restructuring measures. Weak e-bike demand has left the site underutilised. Schramberg represented approximately 26% of group H1 revenue. The application concerns this subsidiary. The parent and
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