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SolarWorld AG
Karl-Legien-Str. 188
Phone: +49 228559200p:+49 228559200 BONN, 53175  Germany Ticker: SWVKSWVK
Filed for Bankruptcy on 5/19/2017
On 5/19/2017, the local court of Bonn (Court of Insolvency) appointed Horst Piepenburg of the Piepenburg-Gerling Law Firm as preliminary Insolvency Administrator of SolarWorld AG and its affiliated companies SolarWorld Industries Sachsen GmbH, SolarWorld Industries Thuringen GmbH, SolarWorld Industries Deutschland GmbH and SolarWorld Innovations GmbH.
This entity represents the assets of the Insolvent Estate of SolarWorld AG that were not acquired by the original founder of SolarWorld Ag, Frank Asbeck and Qatar Solar Technologies.
Business Summary
SolarWorld AG is a Germany-based manufacturer and supplier of solar power solutions. The company develops and produces solar technologies. The Company operates through three segments: Production Germany, Production U.S. and Trade. The Production Germany and Production U.S. segments include integrated manufacturing activities in Germany and in the United States. The Trade segment comprises the worldwide distribution of solar systems and solar modules, the sale of wafers and cell and the operations of Solarparc GmbH. The Company's product portfolio comprises sunmodules, customized and standardized kits, rack systems for pitched roofs, flat roofs and for in-roof solutions, inverters, planning software, battery systems and monitoring systems, among others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/201612/31/2016Yes-Yes-Yes

Industries
SIC Code Description
3674 Semiconductors and related devices
1541 General contractors-industrial buildings and warehouses

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Chairman of the Management Board Frank H.Asbeck 58 1/1/1999 1/1/1999
Independent Deputy Chairman of the Supervisory Board, Employee Representative GeraldVoigt 6/2/2015 6/2/2015
Chief Sales Officer FrankHenn 52 8/2/2017 6/1/2004
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Solarparc AG Karl-Legien-Strasse 188 Bonn Germany
SolarWorld Americas Inc. 25300 NW Evergreen Road Hillsboro OR United States

Business Names
Business Name
Deutsche Cell GmbH
Deutsche Solar AG
Solar Factory GmbH
6 additional Business Names available in full report.

General Information
Number of Employees: 3,034 (As of 12/31/2016)
Outstanding Shares: 14,896,000 (As of 12/31/2016)
Stock Exchange: FRA
Fax Number: +49 2285592099


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Tuesday, August 29, 2023