CR Energy AG Faces Imminent Insolvency Filing

In a recent development, CR Energy AG announced its intention to file for insolvency, citing adverse market conditions and a lack of lender support for additional working capital. Despite ongoing projects by subsidiaries reportedly remaining unaffected, the unexpected insolvency news contradicts earlier reports of financial stability.

Previously, CR Energy held a strong equity ratio of 97.6% as of the first half of 2024, indicating minimal reliance on external financing. In H1 2025, the company anticipated cash inflows from subsidiaries, which had generated a net income of €9.4 million in H1 2024. These optimistic expectations were also echoed in MPH Healthcare AG's recent report, projecting continued positive business development for 2024.

Given this backdrop, the decision to file for insolvency was unforeseen. Discussions with investors are ongoing to secure necessary funding. Meanwhile, the situation remains under close review.