PTXRE GmbH filed an application for provisional insolvency in self-administration this week, which was granted by the competent court on March 18, 2026. The legal representative is Sebastian Netzel from Brinkmann & Partner, and attorney Miguel Grosser from JAFFÉ Rechtsanwälte Insolvenzverwalter has been appointed as the provisional administrator. With the order of provisional self-administration, the court confirms the company's fundamental ability to restructure. The management remains in office and continues the operational business operations.
neoshare Valuation, a wholly-owned subsidiary of PTXRE, is not affected by the insolvency proceedings and continues to operate economically independently and profitably.
The proceedings were triggered by the short-term termination of the loan agreements by the parent company neoshare AG.
PTXRE will use the process to restructure its financial structure. The aim is to reposition itself with its employees and customers in a future-oriented way. Business operations remain unaffected and continue to run. PTXRE continues to support its orders in full.
Piotr Bienkowski, Managing Director of PTXRE, comments: "The insolvency under self-administration gives us the opportunity to reposition the company in an orderly manner as part of a structured investor process. We will retain operational management, work closely with experienced consultants and will accompany our customers and partners personally and transparently. Ongoing projects will continue without interruption."
Bienkowski adds: "The management would like to thank the employees and business partners for the trust they have placed in us, who have confirmed their loyalty to us."
