Hofbrauhaus Wolters blames a shrinking beer market and high operating costs due to soaring energy prices
Hofbrauhaus Wolters, one of Germany’s oldest breweries, dating back to 1627, has filed for bankruptcy, citing soaring operating costs and a sharp decline in beer consumption.
Germany’s economy has faced mounting pressure from high energy prices since Berlin began phasing out Russian oil and gas imports after the Ukraine conflict escalated in 2022. The strain has been compounded by the recent spike in crude prices triggered by the US-Israeli war on Iran.
Under self-administration insolvency proceedings, the brewery will remain under its…
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