Bloomberg News

German Regional State May Support Q-Cells, Mitteldeutsche Says

April 03, 2012

The German regional state of Saxony- Anhalt may help Q-Cells SE (QCE) in a restructuring effort, Mitteldeutsche Zeitung reported, citing an interview with Jens Bullerjahn, the state’s finance minister.

The state is open to talks about support if the company can reach a turnaround, the newspaper cited the minister as saying. Prime Minister Reiner Haseloff had previously ruled out any assistance, according to Mitteldeutsche Zeitung. Q-cells said yesterday it will file for insolvency today.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Christopher Scinta at cscinta@Bloomberg.net.


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