Crisis clouds force Xolar into bankruptcy

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Business

An Upper Austrian producer of solar collectors has gone bust, it emerged today (Mon).The Austrian CreditorsÂ’ Protection Association (KSV 1870) said Eberstalzell-based Xolar had debts of nearly four million Euros. KSV 1870 added that 74 employees and 100 creditors were affected.Xolar was taken over by Upper Austrian Greiner Group (Greiner Technology & Innovation, GTI) last […]