asola Solarpower GmbH, Erfurt, applied to Erfurt Local Court for the institution of insolvency plan proceedings in self-administration under the ESUG (law for further facilitation of the restructuring of businesses) in order to prepare and implement the restructuring of the company on 23.1.2013. The court has already ruled the stay of execution for the company. This gives the manufacturer 5 of crystalline PV modules time to draw up a restructuring plan that will orientate the company optimally to the more intense future challenges in the market as regards competition and remuneration policy. An administrator to be appointed by the court
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