Jump to content

Smart gun company in corporate restructuring


Jägermeister

Recommended Posts

Zitat

The upheaval is deepening around the German maker of a controversial new smart gun.

Armatix, based near Munich, is undergoing a “corporate restructuring,” according to a statement Thursday from a company spokesman. Details were not immediately available from German courts, but the spokesman said the move was “not an insolvency proceeding.”

Financial records reported to German authorities show Armatix has recorded more than 14 million euros in losses since 2011.

https://www.washingtonpost.com/news/local/wp/2015/05/21/smart-gun-company-in-corporate-restructuring/

  • Like 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Imprint and Terms of Use (in german)