There are fears that China may acquire Munich-based robotics company Franka Emika. Economy Minister Robert Habeck should intervene.
MUNICH – Is there a risk of losing cutting-edge technology to China? Franka Emika in Munich appears to be bankrupt. The Munich robotics company’s initial insolvency proceedings will soon end. Therefore a decision will be made today (November 2) at 9am on who will take over the management of the company. There are said to be several interested parties, including a Chinese Bavarian competitor.
Is Germany losing advanced technology to China? Munich technology company may go bankrupt
There appear to be three main parties interested in Franca Emeka: investment firm Schuller and Neura Robotics from Metzingen and Agile Robots from Munich. That reports it Handelsblatt. Perhaps Schuler was now attacking Agile Robots. like the first Mirror It was reported that the entrepreneurial brothers Christoph and Martin Schuller have turned to the Federal Ministry of Economy to prevent the sale of Franca Emeka to Agile.
Economy Minister Robert Habeck (Green Party) is said to have received a letter from the company’s brothers at the end of October. This is due to that Mirror It contains a warning: Franca Emeka is bankrupt and could fall into Chinese hands thanks to her unique expertise, the senders wrote.
Message to Habeck – German businessmen warn against China’s takeover of Franca Emeka
“We must assume that Agile is actually a company controlled by companies and organizations based in China,” he conveyed. Mirror The Schuller brothers from the letter. This makes “the actual sale of this unique high technology to the People’s Republic of China” seem likely.
The Ministry of Economic Affairs, which did not want to officially comment on the case when asked, seemed concerned by the attack on Franca. Shortly after receiving the fire message, Mirror-Information that Habeck employees reported to the Insolvency Administrator stating that the matter would be examined in the event of a sale to Agile.
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