German envelope manufacture Curtis 1000 Europe AG filed for insolvency at the district court of Neuwied.
The Insolvency proceedings include its German subsidiaries Neuwieder Couvertfabrik GmbH, Curtis Logistik + Service GbmH and Lucas Baden GmbH.
The company’s sales in the first half of this year dropped to €28.5 million from €35 million in the same period last year.