Rabe Germany In Financial Trouble

[Western promise]

Rabe once again in financial trouble

Reports are emerging that Rabe is once again in financial trouble. The German plough and cultivator maker was purchased by the Grégoire Besson Group in 2011 after a succession of brief ownerships but has continued to make tillage machinery and in the German market also sold rebranded Sulky...

www.profi.co.uk

 

[icanshootwell]

What i read the other day the whole of Germany is heading for a recession.

 

[Martin Holden]

What i read the other day the whole of Germany is heading for a recession.

The economic world is cyclical so a slow down is inevitable and we are here or close to it. Continuous growth just doesn’t really happen. Things have to balance out. Just imagine what would happen to the Chinese economy of the west stopped buying goods from them!!

 

[nick...]

Everything is too expensive,especially tractors.grain prices are poor and people won’t spend if they not making money.expect to see more companies struggle in the future
Nick...

 

[ploughman1963]

AS someone who was involved with the brand years ago I find this very sad. I seriously considered buying a new plough off them last year but their price after disount was not far off the starting point of the other manufacturers.

 

[7610 super q]

Brexit....

 

[Rust]

Brexit !!

 

[icanshootwell]

Brexit !!

A bit of irony, Brexit gets blame for everything.

 

[7610 super q]

A bit of irony, Brexit gets blame for everything.

The general reply on here when a factory / business goes tits up.