aconnic AG (ISIN: DE000A0LBKW6) announces that the company has initiated restructuring measures in Switzerland. For this purpose, it has filed for insolvency for its two subsidiaries located there. The aim of this step is to realign the company’s financial and operational structures in light of current market conditions in the telecommunications industry.
Ongoing business activities, in particular the direct supply of systems and services for gigabit networks to telecommunications and network operators in the field of critical infrastructure, are not affected by the proceedings. The same applies to the other Group companies in Germany and worldwide.
The Swiss subsidiaries primarily provide research and development services. Management is working closely with the appointed insolvency administrators and relevant stakeholders to ensure the continuation of business activities and to examine strategic options for the sustainable further development of the company.
aconnic is currently continuing to implement a capital increase and fundraising project to strengthen the equity ratio and refinance debt. The closing of this project is delayed for more than three months compared to the initial plan and still has open pending implementation steps between the investor and aconnic AG. All requirements specified by aconnic AG for the transaction have been already fulfilled.
“The market challenges remain high with cost increase and restrict investment spending, delaying required investment in the critical communication and network security infrastructure. We experience slow moving and complex projects on all sides that continuously require the adaptation of plans and further measures. With increasing orders for the fourth quarter 2025 we remain optimistic for the future. The decision for the filings in Switzerland was considered the best option. We expect limited impact and a fast completation of the process”, says Werner Neubauer, CEO of aconnic AG.
About aconnic AG
aconnic AG is an international technology supplier and network equipment provider based in Munich. aconnic AG enables the construction and operation of high-performance gigabit networks with key focus on network security, energy efficiency and sustainability as well as technologies and products to capture and store CO2 to achieve climate neutrality through carbon capture and bio-energic climate neutral fuels. Systems with hard-, software and services are used by customers such as Deutsche Telekom, Orange, Telecom Italia, Swisscom, A1 Telekom Austria, and América Móvil. aconnic AG is the only international system supplier for critical communication infrastructure with European research, development, production and supply chain, as well as its headquarters in Germany, contributing to the strategic and technological autonomy of Europe. aconnic AG has been listed on the German stock exchange since 2006 and generated a total performance of 55 million EUR in 2024.
Contact
aconnic AG
D-80992 Munich, Riesstrasse 16
Sebastian Schubert, Investor Relations
Phone: +49 89 3 8998 7770
Email: investor@aconnic.com