Hainsberg Paper Mill Files for Insolvency Proceedings Again

A paper mill in Hainsberg, Saxony, Germany, entered insolvency proceedings once more on February 5, 2026. The Dresden District Court appointed lawyer Susanne Berner from Dr Berner & Partner Rechtsanwälte as provisional insolvency administrator. She will assess the financial situation at this historic industrial firm and explore options to stabilize operations over the coming weeks. The filing marks another challenge for the regional paper industry, with Hainsberg facing recurring financial difficulties. Berner must analyze finances, debts, and operations to determine if restructuring, sale to a new owner, or liquidation is viable. She will secure ongoing activities initially and negotiate with creditors, employees, and potential investors, prioritizing production and job preservation where possible. Germany's paper sector grapples with high energy costs, falling demand for certain products, and fierce competition, forcing multiple mills to cut output or close. The Hainsberg site in Freital near Dresden represents one of Saxony's older facilities, with employee impact unclear as unions and local officials monitor developments. Investor interest or internal restructuring remains uncertain pending Berner's financial review.