Moses in Gotha concludes: Customers defeat high costs!

Moses in Gotha concludes: Customers defeat high costs!

Erfurter Straße, 99867 Gotha, Deutschland - The business "Moses" in Erfurter Strasse in Gotha has closed its doors. As Thuringia, the closure was already carried out at the end of May. The sales area is now empty, the shop windows are unavoidable. However, the operator emphasizes that the decision is not due to a lack of customers, but to high operating costs.

But the closure is not just an isolated case. In 2024, Germany recorded almost 200,000 corporate closures, which represents an increase of 16 percent compared to the previous year. As BNF , in particular, energy-intensive industries are affected, which have an increase in 26 percent to closures. High energy prices and international competitors help to give up many companies.

perspectives for the future

The effects should not be underestimated, because the termination of employees is one of the sensitive issues in a business task. According to Deutsche Handwerk Zeitung , the employer must comply with various legal steps, including the timely information of the works council and the compliance with termination deadlines. This is particularly challenging for companies that cannot find successors, which is also reflected in demographic change.

The reasons for this situation are diverse: more than 50 percent of the entrepreneurs give lack of family interest as the reason for the closure, followed by unsuccessful successor searches and bureaucratic hurdles. All of these factors leave their traces in the economy and endanger the ability to innovate in many sectors.

Back to "Moses": The only remaining branch is in the department store on Ekhofplatz in Gotha, where leather goods and luggage are still offered. Whether and when a successor is found for the now vacant shop on Erfurter Strasse is currently still in the stars.

The closure of business and companies will continue to employ us. It is all the more important to understand the legal framework and the real challenges with which entrepreneurs are faced. This is the only way to take the necessary steps to exist in times of economic uncertainty.