Quelle GmbH

German court appoints insolvency administrator of Arcandor.
ADP News Germany; 9/1/2009; 366 words; ...appointed Klaus Hubert Goerg insolvency administrator of German Arcandor (ETR:ARO) and its units Karstadt Warenhaus GmbH and Quelle GmbH, the retail group said. The move comes after the opening of an insolvency case of the German company today. Along...

Arcandor's insolvency case opens today.
ADP News Germany; 9/1/2009; 341 words; (ADPnews) - Sep 1, 2009 - The regional court in Essen today opened the insolvency case of 15 units of German retail group Arcandor (ETR:ARO). Among them are Arcandor AG, Karstadt Warenhaus GmbH, Primondo GmbH and Quelle GmbH, the court said.

United States: Heidelberger Druck Said to Be Near EU1.4 Billion Financing Deal.
TendersInfo; 7/3/2009; 1248 words; ...special credits by KfW in the program. General Motor s Adam Opel GmbH unit will receive a 1.5 billion-euro bridge financing backed...government guarantees, and Arcandor AG s mail-order division Quelle has been promised 50 million euros in aid. IVG Immobilien AG...

GREEN LIGHT FOR AID TO QUELLE.(European Union. European Commission)(Brief article)
European Report; 7/1/2009; 745 words; ...million for a maximum duration of six months in favour of Quelle GmbH (specialised in consumer goods retail and mail order...state and the Lander of Bavaria and Saxony. On 9 June, Quelle filed for insolvency following the difficulties of its...

Quelle gets government credit to stay afloat
AP Worldstream; 6/30/2009; 528 words; ...million ($70 million) credit line to Quelle GmbH, the mail-order unit of insolvent...credit. The cost of the aid for Quelle is to be split between the federal...chance and have now received it, Quelle manager Konrad Hilbers said.