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Although e-mobility specialist Morat Swoboda Motion (MSM) has full order books, the company had to file for insolvency on August 1, 2024. The two parent companies Franz Morat Group and Swoboda are not affected by the insolvency proceedings.
Morat Swoboda Motion, the joint venture between Swoboda and the Franz Morat Group, was founded in 2018. The company’s core business is the development and production of drive components and systems for all mobile electric motor applications.
Since its foundation, MSM has successfully acquired orders in the three-digit million euro range in the e-bike and e-automotive business areas. However, due to the high volatility in the e-mobility sector, a large part of the planned turnover has not materialized this year. In addition to considerable investments, additional liquidity was required for the operating business, which could no longer be covered.
All existing MSM orders will continue to be executed as planned. Possible solutions for the long-term continuation of production at MSM will be evaluated in the course of the insolvency proceedings, says Gökhan Balkis, Managing Director of the Franz Morat Group.